Initiate SendR Payout Transaction Endpoint

 From the Sample request above, BeneficiaryCurrencyCode =INR, BeneficiaryBankCountryCode =IN, and the applicable supported payment method is YESBANKALL. Transactions via YESBANKALL also require additional information (Metadata) such as TransferPurpose, BeneficiaryAccountName, BeneficiaryID Type, etc. as seen in the payload above for the transaction to be consummated.

• rateId: This is an ID that uniquely identifies a rate generated for a cross-currency transaction

• reference: This is an ID that uniquely identifies a specific transaction

• SenderCurrencyCode: This is the currency code of the Merchant (Sender’s) Account

• description: This is the narration that describes the intent of the transaction

• Amount: This is the credit amount equivalent that is credited into the Beneficiary’s Account

• BeneficiaryCurrencyCode: This is the currency code of the Beneficiary Account

• BeneficiaryCountry Code: This is the country code where the Beneficiary Account is domiciled in

• Name: This is the name of the Beneficiary

• Email: This is the email address of the Beneficiary

• Address: This is the physical address of the Beneficiary. This may be a residential or office address.

• PaymentMethodType: This is the payment method type supported by the Beneficiary Account Currency. There are several payment methods available depending on the Beneficiary Account Currency. Examples of Payment methods include; BicSwift, WireRouting, AbaRouting, YesBankAll, etc.

• PaymentMethodValue: This is the value for the selected Payment Method Type

• MetaData: This is additional information required for each payment method type. In this case, for BicSwift, the Merchant is expected to pass the IBAN and Beneficiary Account Name for the process to be consummated.

• TransferPurpose: This specifies the purpose of the transaction. These are purpose codes for INR transactions on a payout. This field is an ENUM and has the following ENUM values.

• IBAN: IBAN (International Bank Account Number), is a standard international numbering system developed to identify an overseas bank account. The number starts with a two-digit country code, then two numbers, followed by several more alphanumeric characters. Note that an IBAN does not replace a bank's account numbering, as it’s only meant to provide additional information that helps to identify overseas payments.

• BeneficiaryAccountName: this is the Beneficiary Account holder’s name

• beneficiaryAccountNumber: This is the Account number of the beneficiary

• beneficiaryIdNumber: This is the ID number of the Beneficiary

• beneficiaryType: This is the beneficiary type

• beneficiaryIDType: This is the beneficiary ID Type

• beneficiaryCountry: This is the beneficiary country

• beneficiaryIDIssueDate: This is the Beneficiary ID Issuance Date

• beneficiaryIDExpiryDate: This is the Beneficiary ID Expiry Date

• beneficiaryFirstname: This is the beneficiary’s First Name

• beneficiaryLastname: This is the beneficiary’s Last Name

• beneficiaryAddress: This is the beneficiary Address

• remitterFirstName: This is the Remitter's First Name

• remitterLastName: This is the Remitter's Last Name

• remitterPhoneNumber: This is the remitter Phone Number

• remitterIDExpiryDate: This is the remitter ID Expiry Date

• remitterIDIssueDate: This is the remitter ID issuance Date

• remitterIDType: This is the remitter ID Type

• remitterID: is the identification number assigned to you when you submit your Money Transfers request on our platform

• SupportingDocumentReference: This is a reference generated when the supporting document upload is successful

{
/// <summary>
/// Credit to Non-resident (External).
/// </summary>
[Description ("Credit to Non-resident (External) Rupee accounts maintained by Non-resident Indians in Indian Rupees.")]
PC01,
/// <summary>
/// pco2.
/// </summary>
[Description ("Payments to families of Non-resident Indians")]
PC02,
/// <summary>
/// pc03.
/// </summary>
[Description ("Payments in favor of Insurance companies, Mutual Funds and the Postmaster for premium investments")]
PC03,
/// <summary>
/// pc04.
/// </summary>
[Description ("Payments in favor of bankers for investments in shares, debentures")]
PC04,
/// <summary>
/// pc05.
/// </summary>
[Description("Payment to Coop. Housing Societies, Govt. Housing Schemes or Estate Developers for acquisition of residential flats in India in individual names subject to compliance of regulations thereof by the Non-resident Indians")]
PC05,
/// <summary>
/// pc06.
/// </summary>
[Description("Payments of tuition / boarding, examination fee etc. to schools, colleges and other educational institutions")]
PC06,
/// <summary>
/// pc07.
/// </summary>
[Description("Payments to medical institutions and hospitals for medical treatment of NRIs / their dependents and nationals of Gulf Countries in India.")]
PC07,
/// <summary>
/// pc08.
/// </summary>
[Description("Payments to hotels by nationals of Gulf countries / NRIs for their stay.")]
PC08,
/// <summary>
/// pc09.
/// </summary>
[Description("Payments to travel agents for booking of passages of NRIs and their families residing in India towards their travel in India by domestic airlines / rail, etc.")]
PC09,
/// <summary>
/// pc10.
/// </summary>
[Description("Trade transactions up to Rs. 15 lakhs per transaction")]
PC10,
/// <summary>
/// pc11.
/// </summary>
[Description("Payments to utility service providers in India, for services such as water supply, electricity supply, telephone (except for mobile top-ups), internet, television etc.")]
PC11,
/// <summary>
/// pc12.
/// </summary>
[Description("Tax payments in India")]
PC12,
/// <summary>
/// pc13.
/// </summary>
[Description("EMI payments in India to Banks and Non-Banking Financial Companies (NBFCs) for repayment of loans")]
PC13,
/// <summary>
/// pc14.
/// </summary>
[Description("Remittances to the Prime Minister's National Relief Fund subject to the condition that the remittances are directly credited to the Fund by the banks and the banks maintain full details of the remitters")]
PC14,
/// <summary>
/// pc15.
/// </summary>
[Description("Salary Payment")]
PC15,
/// <summary>
/// pc16.
/// </summary>
[Description("Trade transactions up to Rs. 15 lakhs per transaction")]
PC16,
}