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.

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

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

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

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.