funds transfer - mathisi-io/t24dev GitHub Wiki

T24 Business Training

Funds Transfer

FT module is used to transfer funds between customer accounts or internal accounts in our books and transfers to / from other banks through local clearing or other channels such as SWIFT. FT module support transactions in local and foreign currencies(with automatic currency conversion). image

Payment Types

  1. Internal Transfers
  2. External Transfers (INWARDS and OUTWARDS):
    • local clearing
    • International transfers via correspondents
  3. Banks own payments

Parameter Files

  1. CONDITION.PRIORITY
  2. FT.GEN.CONDITION
  3. FT.GROUP.CONDITION
  4. CUSTOMER.CHARGE
  5. FT.TXN.TYPE.CONDITION
  6. FT.CHARGE.TYPE
  7. FT.COMMISSION.TYPE

SWIFT & DELIVERY

  • DE.FORMAT.SWIFT
  • DE.MAPPING
  • DE.MESSAGE
  • DE.O.HEADER
  • DE.I.HEADER

STANDING.ORDER

  1. Fixed Payments ( same date, same amount)
  2. Direct Debit (eg Invoice payments)
  3. Preset Payments ( amount and date are not known)
  4. Sweep account balances and Manage funds based on balance levels
  5. Supports bulk STOs