9.2 Create Bank Transfer Template

Purpose: Use this document as a reference for creating a Bank Transfer Template using ctcLink.

Audience: Settlement Manager, Cash/Treasury Manager

*(Limited to Colleges with Multiple Bank Accounts)  (Colleges with a single account can SKIP this step.)

Create Bank Transfer Template

Navigation:  NavBar > Navigator > Cash Management > Fees and Transfers > Enter Transfer Templates

Note: External bank transfers are used by your organization to transfer money between banks that are on your organization's general ledger (from one of your organization's bank accounts to another bank account belonging to your organization).

  1. On the Enter Transfer Templates search page, select the Add a New Value tab.
  2. Enter or look up your SetID.
  3. Enter the desired information into the Transfer Template ID field.
  4. Select "Bank Transfer" from the Transfer Class dropdown list.
  5. Select  Add.  The Enter Transfer Templates page will display.
Enter Transfer Templates search page
  1. On the Enter Transfer Templates page, select the Origin tab. Use the Origin page to set up the template.
  2. Enter or look up the Bank Code.
  3. Enter or look up the Bank Account.
  4. Enter or look up the Payment Method.
  5. Enter Amount here or you can change the Amount when you actually create the transfer request.
  6. Select the Repetitive Transfer option if your company makes transfers between the same debit and credit parties frequently.

Note: Approval Status displays a value of "Pending" when you first create a transfer.

  1. Select the Destination tab. Use the Destination page to create the funds transfer destination template. The fields on this page contain relevant information about the account to which you are transferring funds.
  2. Enter or look up the Bank Code
  3. Enter or look up the Bank Account.
  4. Select Save.
  1. Process complete.