4.3 FAQ

  1. Can I use a spot deal for payment?

    No, only forward deals can be used while doing a payment.

  2. Can I set a future date for a fund transfer?

    You can set a future date for a payment using Pay Later payment option.

  3. What happens if I have set up a future dated transfer, but don't have enough funds left under the booked deal earmarked against the transaction on the transaction date for the transfer?

    Balance check will not be performed at the time of transaction initiation with future date. However, the transaction will get declined in case of insufficient funds are available in the booked deal on the given transaction date.

Parent topic: Make Payment (Transfer Money) using forex deal