See Standing Orders for fund transfers

Field/Button

Description

Standing Order Name

A name to identify the standing order

Source Account Number

The account number from which the transfer will be made

Amount

The amount to be transferred

Frequency

How often the transfer is done. Daily, weekly, monthly, quarterly, half yearly, or yearly. Specify the day, date, month as applicable in the fields that appear.

Fund Transfer Type:

Own Account

Transfer to your own account within the company. When you select this option, the following field appears:

Destination Account Number – The account number to which the funds are transferred

To another Seylan Bank Account

Transfer to a third party account within the company. When you select this option, the following fields appear:

Beneficiary Account/Card Number – The beneficiary account or card number to which the transfer is being made.

Beneficiary Name – The name of the beneficiary

Remarks – A comment on the standing order if applicable

Other Banks

Transfer to your own account in another bank. When you select this option, the following fields appear:

Payment Method –

Beneficiary Account/Card Number – The beneficiary account or card number to which the transfer is being made.

Beneficiary Bank Name – The name of the beneficiary bank

Beneficiary Branch Name – The branch name of the beneficiary bank

Beneficiary Name – The name of the beneficiary

Remarks – A comment on the standing order if applicable

Destination Account Number

The account number to which the transfer is being made

Remarks

Comments if any

Standing Order Confirmation

OTP Password

The one-time password generated by the security token given by the bank. (Requires entering only if the transaction exceeds the OTP limit in the system.)