Basics
In order to initiate a payment, go to the AGYT command center on the left hand side and click "Pay". Subsequently you will be guided through the payment flow.
Payments and currency conversion
In order to effectively send the payment, you will need to have enough available funds of the sent currency. If needed, you can convert currency before or even after registering the transaction. Registered payments will be queued and sent out once the currency becomes available on the account
Currency & Beneficiary
As part of the first step, select the payment currency, the respective amount and the beneficiary. You can select an existing (previously registered) beneficiary for that currency or add a new one. In case you create a new beneficiary you will be guided to the "Beneficiaries" section of the AGYT command center.
Payer
Now you will need to select a payer and define the execution details of the payment. In the first step, you need to specify the payment execution date. The system will provide you with a list of feasible (future) dates. Depending on the country, different payment types are available (priority and standard). The system indicates an expected arrival time of the payment depending on the applicable cut-off times.
Usually you will just confirm that you are effectively the payer. However, it is possible to submit payments for different payers. In case this is applicable, you will be asked to provide the respective details.
Compliance Checks
In order to facilitate Compliance checks of our partner institutions, please indicate a specific payment reason in the respective field. The reason should help the Compliance teams to understand and validate the underlying business reason of the payment.
Furthermore, you can specify a Payment Reference which will appear on the respective bank statements (for accounting or admin purposes for example) and you need to specify the charge type. The default value "ours', implies that the payment creator bears the full cost. In case you select "shared" the amount will be shared between payer and beneficiary.
Further Guidance
You find further guiding comments on each step by hovering over the question mark symbols. Please go through carefully - especially when you conduct your first transactions.
Review and Validate
You are now getting close to the finishing line and will be asked to review the created payment. Once you are fully satisfied you can move ahead and create the payment.
Complete
You are done! And will see the respective success message and can move on by either creating further payments or any other actions.
