E-PAYMENTS

PAYMENT SOLUTIONS FOR ORGANIZATIONS

Solutions for your Payment process

 Cash Management Product (CMP)

CMP stands for Cash Management Product

Designed to help organizations manage their payments and receipts
Used by several Governments Departments and private organizations
Greater control over tracking of payments and receipts
Lower administration and reconciliation cost
CMP Electronic Payment Products
 Payments – Process Flow

The client provides payment instructions in a mutually agreed file format.

The file format can be Text format (delimited text file) or .xls (i.e., MS-EXCEL)
It is recommended to convert Excel file to Text format format before uploading
A single file can have any number of transactions
The file is processed by the operations team and MIS is made available
The file may be uploaded in advance with payment scheduled for a later date
 How the client gives the data file

• The client gives the payment instructions file (we call input data file) through
the portal.
• CMP has a portal hosted on Internet at the URL
https://newcmp.onlinesbi.com
• There are three ways in which CMP accepts the clients’ data file at the portal.
• Maker and Checker
• Maker, Checker and Releaser
• H2H (Host to Host Integration)
 File Maker and Checker Type Upload

Client identifies some users as Makers and some users as Checkers

Maker only uploads the data file to the portal
Checker logs in to the portal and authorizes the file
Different checkers can have different authorization limits/accounts
The authorization can be done by the authorizers in two ways
Total File authorization
Individual transaction authorization
Once authorized, the transactions are automatically sent for processing.
 File Maker, Checker and Releaser Type Upload

Similar to Maker and Checker type of upload with an extra layer of checking
Even after authorization the file is not sent for processing.
Additionally ‘Releaser’ has to release the file for it to be processed.(Optional)
For all these kinds of uploads no user is allowed for more than one role.
 Different Types of Users and their Rights

Corporate Admin: Right to add/delete users

Regulator: Right to set the rules and limits
Maker: Right to upload the files
Checker: Right to approve the files
Authorizer: Right to approve the files (Second level authorization if needed)

1 Sr. Number
2 Customer Code
3 Customer Name
4 Debit Account Number
5 Product Code
6 Instrument Value date
7 Amount
8 Beneficiary Name
9 Beneficiary Branch Code
10 Credit account number
11 Customer Ref no.
12 Remarks 1
File format has 12 mandatory fields
Serial Number for each row
6 digit number allotted by CMP for your organization (Same for all rows)
Name of the Organization (Same for all rows)
The Current a/c no. that should be debited (Same for all rows)
NEFT or RTGS or DCR
Date in DD/MM/YYYY format. (Same for all rows)
Number followed by 2 decimals. For example. 15767.00
Name of the beneficiary
IFSC code. For Direct Credit (DCR) transactions, IFSC code is not needed
Bank account number where the money is to be credited.
The employee's Roll number or vendor reference number may be furnished
The reason for making the payment may be entered in this column
Sample file format with minimum number of 12 fields
Accessing CMP Portal – Click on Corporate Login
Enter the Login ID and Password
File Upload Screen 1 (Under File Upload tab, select appropriate transaction type)
File Upload Screen 2 (Browse files to upload the appropriate file)
File Upload Screen 3 (Message about file upload can be seen now)
File Approval screen 1 (Under Profile tab, select Bulk Transactions Inbox)
File Approval screen 2 (To approve, Click on ‘Move to Authorizer Inbox’ to approve, or ‘Reject
Transaction’)
File Approval screen 3 (Message for successful authorization for payment can be seen here)
 MIS (Reverse File)

The crucial part of CMP services is providing MIS to the client.

MIS provides the status of the transactions sent by the client.
It can be downloaded from the portal
The option to download is available for 30 days from the date of transaction
For vendor payments, payment advices can be sent to recipient’s email IDs
The MIS consists of the original file given by client plus four additional fields
1. Date of processing
2. Status of the transaction (Success / Failure)
3. UTR Number
4. Reject reason (in case the transaction failed)
Sample MIS File sent to Client
Sample payment advice to beneficiaries
 H2H type file upload

Preferred by big corporate organizations with dedicated IT department

A H2H client (application) is loaded onto a dedicated PC/Server
The dedicated PC/Server automatically connects to H2H server at SBI
Normally, H2H Client Software is given free of cost by SBI to the client.

The client prepares the data file and puts in the dedicated PC/Server
The H2H client seamlessly transfers the files to portal
Files received are validated and made available for authorization by client
The subsequent steps are same as for Maker & Checker type of authorization
So in effect H2H eliminates the role of Maker. Rest of the process is same.
 MIS for H2H users

MIS files for H2H users are being sent through H2H.
These files are directly received by the client in the pre-defined folder in the PC
loaded with H2H client.
Client will upload this reverse file into their Financial processing system (say
SAP) for auto-reconciliation
Apart from the above, payment advices in mutually agreed upon formats can
be sent directly to the recipients e-mail addresses once the payment
transactions are successful.
THANK YOU!