Create Master Recipient: ACH IAT International

ACH Recipient Type

Indicates that the recipient is IAT - international

ACH Recipient ID

An alphanumeric identifier for the recipient that can be, but is not required to be, the recipient's SSN or Tax ID number

ACH Recipient Name

Official name of the recipient as defined on the initial Create Master Recipient page

This name cannot be edited once it has been created.

Country

The recipient's country

Address

The recipient's street address

Note: Post Office boxes are not allowed.

City

The recipient's city

State/Province

The recipient's region, state, or province

ZIP/Postal Code

The recipient's ZIP code or a country's postal code

Phone Number

The recipient's telephone number

Email

The recipient's email address, which is used to send confirmation emails

Destination Country

A list of available Countries and Gateway Operators. This matches the list available in the IAT International Payment page.

Destination Currency

A list of available currencies based on the selection in the Destination Country field.

Account Type

The account type from the list, for example Checking, Savings, or Loan

Account Number

Account number to which payments for this recipient will be made

Account Currency

The base currency of the account

Bank

The bank for the recipient account

Specify the bank holding the account in either of these ways:

• Select from list – Select the bank from the Preferred Bank list or Full Bank list.
• Enter bank information – Enter bank information manually, even for a bank on a list, by completing one or more of the following fields:
  • Bank ID Type – The bank ID type selected from the list
  • Bank ID – The bank routing number of the account
  • Bank Name – The name of the recipient's bank
  • Bank Country – The country where the international bank is located

Secondary Account Information

Account Type

The account type from the list, for example Checking, Savings, or Loan

Account Number

The number of the recipient's account

Account Currency

The base currency of the account

Bank

The bank name for the recipient account

Specify the bank holding the account in either of these ways:

• Select from list – Select the bank from the Preferred Bank list or Full Bank list.
• Enter bank information – Enter bank information manually, even for a bank on a list, by completing one or more of the following fields:
  • Bank ID Type – The bank ID type selected from the list
  • Bank ID – The bank routing number of the account
  • Bank Name – The name of the recipient's bank
  • Bank Country – The country where the international bank is located

Payment Allocated By

One of these methods for dividing the payment between the two accounts:

• Dollar Amount – The amount allocated to the secondary account is a set dollar amount
• Percentage – The amount allocated to the secondary account is a percentage of the total payment amount

Payment Allocation

The dollar amount or percentage of each recipient payment that will be allocated to the secondary account

The Payment Allocated By field determines whether the payment to the secondary account is a dollar amount or a percentage of the total payment.