Create Payment - Field Definitions

Step 1: Select a Template or the Type of New Payment – Create New Wire Payment

Select a template or create a new payment to Customer. Note: Payment to Bank is reserved for use by TD only.

Note: Only the Financial Details section of the payment can be modified when a payment is created from a template.

Step 2: Select On Behalf Of box and Enter/Review On Behalf Of information (if applicable)

Field Name	Description	Optional/Mandatory
Sender Information TD will automatically populate the sender’s name and address based on the settlement account you select.
On Behalf Of Information
Account/Reference Number	The reference number assigned to your client or transaction Maximum 26 characters*	Mandatory
On Behalf Of Name	Specifies the underlying client (company/individual) that you are sending the wire payment for Maximum 30 characters*	Mandatory
Country	Specifies the country of the On Behalf Of client	Mandatory
Street	Specifies the street address of the On Behalf Of client Full address is required, include street name and number Note: P.O. Box is not an acceptable address. For Indigenous and military addresses, wires will be rejected if they include a PO Box in the address field; however, they will be accepted if the address includes a description of the location. Maximum 30 characters*	Mandatory
City	Specifies the city of the On Behalf Of client Maximum 18 characters*	Mandatory
Province/State CAN/US	Specifies the Canadian province or American state of the On Behalf Of client (if applicable) Sorted by province then state	Mandatory if On Behalf Of sender is in Canada or the United States.
Province/State Foreign	Specifies the Foreign Province/State/Region of the On Behalf Of client (if applicable) Maximum 8 characters*	Mandatory (applicable for countries that have province/state)
Postal/Zip Code	Specifies the postal/zip code On Behalf of Client	Mandatory (applicable for countries that have postal/zip code)
Payment Destination	Specifies the destination of the payment Defaults to Select a Destination Includes the following selections: Other Financial Institution – all payments destined for a bank other than TD TD Global Operation Services – payments destined for Global Operation Services Department	Mandatory
Back	Displays the previous page
Next	Validates the information displayed on the Sender/ On Behalf Of client/ Beneficiary Information page and proceeds to the next page

* The following characters are not permitted: ' " ! ^ | [ ] , ` @ # $ % & ; < > * ~ { }, etc.

Step 3: Enter/Review Beneficiary Information

Field Name	Description	Optional/Mandatory
Sender Information TD will automatically populate the sender’s name and address based on the settlement account you select.
Beneficiary Information
Name	Specifies the company/individual receiving the wire payment Maximum 35 characters*	Mandatory Note: If Beneficiary Name exceeds 35 Characters input Beneficiary Name overflow in Beneficiary Address field.
Country	Specifies the country of the Beneficiary	Mandatory
Street	Specifies the street address of the beneficiary Full address is required, include street name and number Note: P.O. Box is not an acceptable address (For Indigenous and military addresses, wires will be rejected if they include a PO Box in the address field; however, they will be accepted if the address includes a description of the location.) Maximum 35 characters*	Mandatory Note: If Beneficiary Address exceeds 35 Characters input Beneficiary Address overflow in 'Instructions for Beneficiary Bank' field.
City	Specifies the city of the beneficiary Maximum 20 characters*	Mandatory
Province/State CAN/US	Specifies the Canadian province or American state of the beneficiary (if applicable) Sorted by province then state	Mandatory if Beneficiary is in Canada or the United States.
Province/State Foreign	Specifies the Foreign Province/State/Region of the beneficiary (if applicable) Maximum 20 characters*	Mandatory (applicable for countries that have province/state)
Postal/Zip Code	Specifies the postal/zip code for Beneficiary	Mandatory (applicable for countries that have postal/zip code)
Payment Destination	Specifies the destination of the payment Defaults to Select a Destination Includes the following selections: Other Financial Institution – all payments destined for a bank other than TD TD Bank (CAD/USD only) – payments destined for a TD Branch TD Global Operation Services – payments destined for Global Operation Services Department	Mandatory
Back	Displays the previous page
Next	Validates the information displayed on the Sender/Beneficiary Information page and proceeds to the next page

* The following characters are not permitted: ' " ! ^ | [ ] , ` @ # $ % & ; < > * ~ { }, etc.

Step 4: Enter/Review Bank Information

Field Name	Description	Optional/Mandatory
Beneficiary Account Information (Mandatory)
Beneficiary's Account	Specifies the account to which the payment is to be deposited at the Beneficiary Bank. If the Payment Destination selected was: TD Bank (CAD/USD only), there will be two fields displayed which require the following information to be entered – branch number (4 digits), account number (7 digits). Note: A predictive search will be enabled for the TD transit number field. Enter the transit number and then choose the correct transit number from the drop-down list. The TD branch address information will be automatically populated. You will then need to enter the correct account number (7 digits). Other Financial Institution, there will be one field displayed which allows maximum 35 characters. TD Global Operation Services, there will be one field displayed which allows maximum 35 characters.	Mandatory Note: If you are provided an IBAN (International Bank Account Number), populate Beneficiary's Account Field with the IBAN.
Beneficiary's Bank Information (Mandatory)
Bank ID	Is the unique identification number associated with the Beneficiary Bank. If TD Global Operation Services is selected, this field will automatically default to TD's Bank ID of 0004. If Other Financial Institution is selected then: Canadian Clearing (CC) Code is required for payments destined within Canada FED ABA number is required for payments destined to United States SWIFT/BIC Code is required for payments destined to Foreign Countries Payments destined to the UK require a 6-digit sort code. If USD payment is destined overseas you many input the CHIPS UID. Inclusion of this ID will expedite your payment. Maximum 35 characters*	Optional Note: This is an optional field, however if filled out it may speed up delivery time.
Bank Name	Financial Institution where the Beneficiary’s account is held Maximum 35 characters* For TD Bank only, the Bank name will be automatically populated based on the transit number selection.	Mandatory
Country	This is a predictive search field whereby as a User you can select the Beneficiary Bank country from a drop-down list.	Mandatory
Street	Specifies the street address of the Beneficiary Bank. Based a predictive search field, you can enter the street address of the Beneficiary Bank and then select the address from a drop-down list of matching criteria for the following countries: Canada United States United Kingdom Hong Kong India Based on your selection, the full address will be automatically populated. For all other countries not listed above, you will need to manually enter the full address. Maximum 35 characters*	Optional
City	Specifies the city of the Beneficiary Bank Automatically populated based on the street selection above. For countries listed above, if applicable, the City will be automatically populated based on the Street selection. For all other countries, if applicable, you will need to manually enter the City. Maximum 20 characters*	Mandatory
Province/State	Automatically populated based on the street selection above. For countries listed above, if applicable, the Province/State will be automatically populated based on the Street selection. For all other countries, if applicable, you will need to manually enter the Province/State. Specifies the Canadian province or American state of the Beneficiary Bank (if applicable).	Mandatory (applicable for countries that have province/state)
Postal/Zip Code	Specifies the postal/zip code for the Beneficiary Bank	Mandatory (applicable for countries that have postal/zip code)
Intermediary Bank Information This information is no longer required as we will route the payment according to established correspondent banking relationships.

* The following characters are not permitted: ' " ! ^ | [ ] , ` @ # $ % & ; < > * ~ { }, etc.

Step 5: Enter/Review Financial Details

Field Name	Description	Optional/Mandatory
Due Date Business Rules	Specifies the date of the debit to your company's settlement account	Mandatory
Calendar	Adds an entry to the Due Date field when you select a date on the calendar.
View Cutoff Table	The Cutoff Table displays all of TD's cutoff dates and times for payment processing, based on destination and currency. In order for a payment to be processed it must be fully authorized and forwarded to TD within the established cutoff times.
Payment Currency Business Rules	Specifies the currency of the payment Includes all available currencies sorted in alphabetical order except CAD and USD currencies are displayed at the top.	Mandatory
Payment Amount Business Rules	Specifies the amount the beneficiary is to receive in the currency selected Maximum 14 characters Note: Correspondent Banks and/or the Beneficiary Bank may charge for processing wire payments, and these other bank charges will be deducted from the payment amount. If required, include other bank charges in the Payment Amount.	Mandatory
Settlement Account	Specifies the company account from which the settlement amount will be debited The dropdown will include only those accounts to which you have been assigned access	Mandatory
Exchange Rate	Specifies the rate used to convert the settlement amount (that will be paid by your company) into the payment amount (that will be received by the beneficiary). Bulletin Rate: When selected the appropriate Buy from TD rate will be used. Note: Any adjustments made to the rate at the time of processing will be detailed in the Audit Log. Contract Rate: When selected, the contract number and rate can be entered. You will need to contact your TD branch in order to receive a valid contract number and rate.	A foreign exchange contract is mandatory if the payment amount and currency entered exceeds the tiered limit on the Currency Rates Table. Otherwise, the bulletin rate will be the default.
Contract Number	Specifies the foreign exchange contract number provided by your TD branch at the time of booking a contract rate Mandatory 7 characters Note: To ensure the contract number is 7 characters in length you may need to add leading zeros to the number provided.	Mandatory if a contract rate is used.
Rate	Specifies the contract rate booked with your TD branch	Mandatory if a contract rate is used
View Rates	Displays the Currency Rates Table which details the exchange rate for each currency
Your Reference	Allows you to enter a reference for the payment Maximum 35 characters*	Optional if Payment to Customer Mandatory if Payment to Bank
Reason for Wire Payment	Allows you to enter the reason for initiating your wire payment 70 characters Note: In order for the Bank to process Wire Payments to certain countries, a reason for sending the payment must be provided.	Mandatory, if Payment is to a country listed on the following table. Wire Payments submitted with no reason provided where required may be delayed or returned.
Instructions For Beneficiary	Maximum 70 characters* Maximum 60 characters* for On Behalf Of wire payments. Note: If any Beneficiary details (for e.g. Beneficiary Address) exceed the character limit in their appropriate fields then the Instructions to Beneficiary field can be used to continue and complete the entry of information.	Optional
Instructions For TD Bank	It will slow down delivery of payment if used Customers specifically instructed to use “Instructions to TD Bank” must continue to do so Maximum 70 characters*	Not required Note: Use this Field only if special handling is required and arrangement is in place such as Same-day Value Payment. Incorrect use of this field will cause manual intervention and delay payment execution.
Back	Returns you to the previous page
Next	Validates the information displayed on the Financial Details page and proceeds to the next page

* The following characters are not permitted: ' " ! ^ | [ ] , ` @ # $ % & ; < > * ~ { }, etc.

Step 6: Review Payment Details in Full

TD will automatically populate the sender’s name and address based on the settlement account you select. Before the payment is submitted for authorization, you will be able to review the payment details in full to ensure no mistakes were entered. In addition to the fields already entered above, the following information is displayed:

Field Name	Description
Payment ID	A unique Web Business Banking identifier assigned to each payment.
TD Payment ID	This field will display as 'unassigned' until the payment is sent to TD for processing, at which time the bank assigns a unique TD Host ID to the payment.
Value Date	Displays the date on which the beneficiary is to receive the payment and is determined by the payment currency and destination which are detailed on the Cutoff Table.
Payment Must Be Sent to Bank Before	Payments must be sent to TD by the date and time specified in the Cutoff Table in order to be processed. All times are in Eastern time.
Payment Amount	Specifies the amount the beneficiary is to receive in the currency selected. .
Settlement Amount/currency	Displays the amount that will be debited from the settlement account. The total amount is calculated using the rate specified for the payment.
Save As Template	Launches the Save As Template page. This button is only available if the payment has not been created from a template and you have been assigned the 'Create Payments' right.

Note: If you would like to print the On Behalf Of wire transaction details, then print at this step, as the On Behalf Of information will not be available on the Review/Print Confirmation Page.

Step 7: Review/Print Confirmation Page

The confirmation validates that the wire payment has been created successfully and summarizes the payment details in case you would like to print the confirmation for audit purposes.