Schedule a payment
Control when payment orders are sent to the bank
Modern Treasury allows users to specify a timestamp until which the payment will not be processed. This is useful when you need the ability to cancel a payment order for a specific time. It ensures minimum waiting time before transmitting the payment to the bank.
FAQs
How does Process After affects Payment Date?
When creating a payment order, the user can specify the Payment Date using UI (or effective_date
using API). This is the payment’s effective date. When creating a new payment order, the user can specify the Process After date and time later than the Payment Date. In such a situation, Process After will take precedence over the Payment Date. Upon creating the payment order, it will have an updated value for the Payment Date.
How to schedule a payment
TAB-API
To schedule a payment order using the API, you can use the Create Payment Order route setting the process_after
to a specific ISO 8601 formatted date and time.
TAB-Dashboard
When creating a payment order, expand the Additional Information
panel and specify Process After
date and time.
Updated 7 months ago