Austrian Postbar payment

The Austrian Postbar payment is a SEPA transfer which makes it possible to send money to a recipient, who does not have a current account. In the overview of payments and sent files, the Postbar payment is displayed in the same way as all other SEPA transfers with the order type CCT.

Recipient

For this cash instruction, you can enter the recipient directly or select one from the drop-down list, which you had previously recorded in the recipient management. Besides the name and address, you can also specify the clauses for delivery and notification, as well as the intended purpose and the cash instruction reference.

Further data

In addition to the data of the recipient, it is possible to specify the earliest date when the amount should be paid out and the latest date by which it should be stored. To do this, set the respective checkbox and enter a date next to it. As with the SEPA transfer, you can also specify, when the payment shall be executed by entering an execution date.

Figure: Form for entering an Austrian Postbar payment