Beneficiary


Identification Type (bIDType)

As stated in the request XML SOAP/JSON payload parameters of Do_Transfer method.

ValueDescription
1Work Permit
2International Passport
3Identification ID
4Social Security
5Residence Permit
6Company Registration No.
7System ID

Account Type (bAccType)

As stated in the request XML SOAP/JSON payload parameters of Do_Transfer method. The bAccType determines how the fund shall be received by Beneficiary, according to the Issuer channels.

ValueDescription
1Banks
7Banks-SKN (Non Real-Time) (Only available for Indonesia)
8Payment Card
10Real Time Transfer

Issuer Code (bIssuerCode)

As stated in the request XML SOAP parameters of Do_Transfer method. This code identifies which Issuer to use according to the Beneficiary Account Type. The code is constantly updated and varies according to country. Please refer to Appendix or obtain Issuer Code List from Tranglo Business personnel.

Bank Branch Code (bankBranchCode)

As stated in the request XML SOAP parameters of Do_Transfer method. Please obtain the details from Tranglo Business personnel.

How to find IFSC code?

It is very important to find IFSC code of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction.

How to verify IFSC code?

The best and simplest place to verify IFSC code branch is the cheque book. Most India banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.