Additional requirements to create an order
For the countries below, the parameters purpose, beneficiaryRelationship and sourceOfFunds are mandatory:
- Bangladesh
- India
- Indonesia
- Japan
- Malaysia
- Nepal
- Pakistan
- Singapore
- South Korea
- Sri Lanka
- Thailand
- Turkey
- Vietnam
In addition to these parameters, in the following conditions, users are also required to upload a document as the proof of purpose of payment as part of the order details:
- Business to business payments of all amounts
- Business to individual payments greater than $10,000
- Individual to individual payments greater than $10,000
The following options are available for purpose:
- payroll
- operational_expense
- vendor_payment
- subsidiary_transfer
- accounting_services
- administrative_expenses
- business_profits
- business_travel
- educational_expenses
- family_maintenance_saving
- financial_lease
- fines_and_penalties
- hotel_expenses
- insurance_premium
- interest_on_loans
- investment_in_real_estate
- investment_in_securities
- investment_in_shares
- legal_services
- medical_expenses
- other_personal_services
- payment_for_goods_and_services
- personal_travel_and_tour
- pilgrimage_religious_related
- research_and_development_services
- tax_payment
The following options are available as sourceOfFunds:
- business_income
- claims
- compensation
- donation
- gift
- financial_support_from_children
- financial_support_from_parents
- financial_support_from_spouse
- freelance_income
- insurance
- interest_income
- dividend_income
- issue_of_bond
- issue_of_debenture
- issue_of_share
- loans
- property_investment
- rental_income
- leasing_income
- retirement_funds
- salary
- saving
- sales_of_assets
- share_investment
- tax_refund
- venture_capital
The following options are available for beneficiaryRelationship (this is to be used to describe the relationship between the sender and the beneficiary):
- business_partner
- children
- colleague
- friend
- grand_parents
- parents
- relative
- cousin
- self
- sibling
For Australia, remittancePurpose is a mandatory field. remittancePurpose can be one of the following:
- FAMILY_SUPPORT
- EDUCATION
- GIFT_AND_DONATION
- MEDICAL_TREATMENT
- MAINTENANCE_EXPENSES
- TRAVEL
- SMALL_VALUE_REMITTANCE
- LIBERALIZED_REMITTANCE
- OTHER
- CONSTRUCTION_EXPENSES
- HOTEL_ACCOMMODATION
- ADVERTISING_EXPENSES
- ADVISORY_FEES
- BUSINESS_INSURANCE
- INSURANCE_CLAIMS
- DELIVERY_FEES
- EXPORTED_GOODS
- SERVICE_CHARGES
- LOAN_PAYMENT
- OFFICE_EXPENSES
- PROPERTY_PURCHASE
- PROPERTY_RENTAL
- ROYALTY_FEES
- SHARES_INVESTMENT
- FUND_INVESTMENT
- TAX_PAYMENT
- TRANSPORTATION_FEES
- UTILITY_BILLS
- PERSONAL_TRANSFER
- SALARY_PAYMENT
- OTHER_FEES
- COMPUTER_SERVICES
- REWARD_PAYMENT
- INFLUENCER_PAYMENT
Updated 10 days ago