Workflow for Import

Different parties are involved in the settlement for Cross-Border Payments - Import merchants. Transactional flow has no changes.

PayU has tied up with AD-1 CATEGORY bank to do the settlement. This account is owned/controlled by PayU and acts as an “Import Collection (IC) Account.”

1. Funds will be transferred by acquirers into PayU’s Nodal only. This is an automated process.
2. PayU instructs the AD-1 category bank to make the transfer to merchants over a file shared through SFTP. After it is transferred, the AD-1 category bank shares a response file and marks the UTR.
3. Invoice copies are shared with the AD-1 category bank team every fortnight for the transaction to be settled.

Transactional flows & integrations remain the same for PACB merchants, and merchants need to perform the following:

• Merchant has to share invoice numbers in the UDF5 field while doing transactions in real-time.
• Post successful transaction, invoice/AWB copy has to be submitted.