Booking the deal

Once all your payment details have been saved, you can get the exchange rates for the payments and book the deal.

To book the deal

1. On the Make Payment page, click the REVIEW PAYMENT(S) tab.
   All of the payments that you created are listed here. You can review the payments and, if necessary, make any required changes.
   
   
   
2. Optionally, if there are any payments in the list that you do not want to book at this time, you can remove them from the list. From the dropdown menu beside each of the payments you want to exclude, click Save For Later.
   
   
   
   The payments that you save for later are removed from the list on this page, but they still exist. When you are ready to process them, on Your Dashboard, under ACTION ITEMS, click Saved payment(s).
   
   
   If any payments require approval

   If any of the payments require approval, you will see a text box at the top of the page indicating the number of payments that require approval. The STATUS column displays an orange check beside the payments that are pending approval.
   
   An authorized approver must review and approve the payments before they can be booked. In most cases, the approver will also book the deal.
   
   
   
   

   • To modify the list of approvers, click Manage Approver List, and deselect those approvers you want to exclude.
     
     
     
     When you click BOOK NOW, an email will be sent to the approvers letting them know that there are payments awaiting approval.
     
     Note: If all of the payments require approval, a NOTIFY APPROVER button will display in place of the GET RATE and BOOK NOW buttons.
     
     
     
     

   If any payments are subject to Reg E Regulation E (Reg E) is a U.S. Federal regulation that applies to electronic funds transfers by individuals through a Financial Institution (FI) located in the U.S. Its purpose is to protect consumers against fraudulent and incorrect electronic fund transfers.

   
   If the payments are booked through a Financial Institution (FI) located in the U.S. on behalf of a remitter classified as an Individual, the deal is subject to Reg E. Reg E is a U.S. regulation that applies to electronic funds transfers by individuals through a Financial Institution located in the U.S. Its purpose is to protect consumers against fraudulent and incorrect electronic fund transfers.

   Pre-Payment Disclosures are generated for each applicable payment. The Pre-Payment Disclosure displays details about the deal, including the exchange rate and the date when the funds will be available to the beneficiary. The displayed rate is valid for 24 hours.

   To view the Pre-disclosure, click the Reg E icon in the Payments Awaiting Booking grid.
   
   
   
   The Reg E Disclosure appears.
   
   
   
   You can use the print icon at the top of the Reg E Disclosure document to print the disclosure or save it as a PDF.

3. Click GET RATE to get a live quote and display the resulting payment and settlement amounts. The RATE EXPIRY timer indicates the amount of time you have to book the deal at the displayed rate.
   
   
   
   
4. Click BOOK NOW to confirm the rate and book the payments.
   A confirmation message appears.
   
   
   
5. Click View Receipt to view the Payment Confirmation.
   
   
   Payment Details for Reg E payments

   If any of the payments are subject to Reg E, you will see the Reg E icon in the Payment Details section of the confirmation. Click the icon to view the Final Payment Disclosure/Receipt.
   
   

   You may be able to cancel the payment if you cancel the deal within 30 minutes of booking. If no action is taken within that time period, the deal is auto-approved and booked.

   For more information, see Cancelling Reg E deals.

6. Optionally, click the print icon at the top of the page to print the entire receipt, or click the print icon beside a particular line item to print only that information. For example, you can click the print icon at the top of the Payment Details section to print details for all payments or you can click the icon beside a particular payment to print the details for only that payment.
7. Optionally, click the email icon to send an email that contains a link to the payment confirmation. Similar to the print icon, you can choose whether you want to send a link that will display the entire confirmation or just a particular section.
   When you click the Email icon, the Email Confirmation screen opens.
   
   Enter the email address(es) to which you want to send the message, and add any comments you want to include. Then click Send to send the email.