Loan payouts

You can use the loan payouts or payment instructions functionality to create on demand manual disbursements via the BackOffice.

The loan payouts menu allows:

• Creating payouts,

• Searching for payouts.

Create loan payouts

1. Loans > Search > Contracts.

2. Click the Contract number to access the loan contract details.

3. From the content menu, click Payouts.

4. On the Search contract payouts page, click the Create payout button.

1. Fill in the Create payout parameters and select the Beneficiary Account ID.

If the selected payment channel requires an account ID, the Beneficiary Account ID parameter is present. You can only search for and select an account that exists in the account module.

1. Click on the magnifying glass sign to search for an account. Click the Account number to select it.

1. Once the account is selected, you will see the account ID in the Create payout form.

The option to create a payout is available only if the loan product disbursement rule is on demand.

Search loan payouts

1. Loans > Search > Contracts.

2. Click the Contract number to access the loan contract details.

3. From the content menu, click Payouts.

4. Fill in the search parameters > Search.

5. Click:

   • The Identifier to view the Payment instruction page.

   • The Action log to view the Transaction events.

The payment instruction page shows the following information:

You can click the related transfer number to check the payment transfer details.