Skip to main content
Bahasa Indonesia Tiếng Việt 繁體中文
Contact

Create Cash Withdrawal (India)

Geography: This article is applicable for ANZ Transactive – Global customers banking in India.
Full details are available in Features by Geography.
  • These instructions are specifically for a Cash Withdrawal managed via a domestic NEFT payment.
    For all other NEFT payment specifics, please refer to Create NEFT Payment (India).
  • ANZ Transactive - Global does not support uploading supporting documents in ZIP files. Please check the step instructions or Payment Parameters for the allowed formats.
About Cash Withdrawal

What is a Cash Withdrawal?

Cash Withdrawal allows you to request funds from your India domiciled INR account registered to ANZ Transactive – Global to a predefined 'ANZ Cash Transactions Account' beneficiary bank account within India. The cash disbursement is carried out according to your instructions.

Payment method rules for Cash Withdrawals

  • Beneficiary name should be selected as ANZ Cash Transactions Account.
  • Transaction narratives for Cash Withdrawals will appear in payment reports with a NEFT prefix.
  • Supporting documents are required for Cash Withdrawals.
  • Value date will default with the current date, including a non-business date (e.g., weekend, public holiday). Payments exceeding INR 50,000 on a non-business date, will be processed on the next business date.
  • Future value date can be selected up to 90 days
  • Cut-off time (non-extended hours) for NEFT payments is 18:00 IST
  • Payment currency is INR
  • Maximum payment value (non-extended hours) is 999,999,999,999.99
  • Maximum payment value (extended hours - all day) is 50,000,000.00
  • Maximum number of payment instructions is 30,000 for a bulk payment, and 5,000 for an itemised payment.
  • Invalid Character rules apply to this payment type.

Who can create a Cash Withdrawal?

  • Eligible users with Payment Management role permissions and account access can create and manage an NEFT payment based on your organisation's predetermined user permissions and payment settings. These role permissions can include:
    • Manage Payments - Adhoc (Adhoc & Approved Beneficiaries)
    • Manage Payments - Approved Beneficiary / Templates
    • Manage Payments - Import Payments
Users with more than 100 accounts, may need to use the Previous or Next arrows on the screen to search and select the debit account when creating a payment.
For more information, please refer to Role Permissions and User Permissions.
Payment input screens
Domestic Payment screen
The following image is an example of a domestic payment screen with fields including the division, debit account, payment method, value date and cut-off time, payment name and reference, debit advice description and beneficiary details.
  • Cut-off time (near the value date) indicates the payment method cut-off time, based on the originating jurisdiction and payment currencies
  • The time zone and format (near the value date) are displayed as per your Settings & Preferences.
Cash Payment screen.png
Beneficiary Payment Details screen
The following image is an example of a Beneficiary Payment Details screen with fields including the beneficiary's name, address and account details, beneficiary bank details, purpose code, beneficiary email advice option and additional remittance information.
Cash Beneficiary Details screen.png

Create NEFT Cash Withdrawal video

Create a Cash Withdrawal

There are multiple ways you can create a Cash Withdrawal using the NEFT payment method type from the Payments menu. Choose from the following options:

  1. Click Create Payment > Domestic Payment (see step-by-step instructions below)
  2. Click Create Payment > Use Payment Template
  3. Click Create Payment > Use Payment File
  4. Click Create Payment > Use Past Payment
  5. Click Current Payments > New > Domestic Payment (see step-by-step instructions below)
STEP ACTION
1 Click Payments > Create Payment menu, or
Click Payments > Current Payments menu > New.
2 Click Domestic Payment.
3 If required, select the Division the payment will be made from.
If you are entitled to more than one division, you can set a default division for future payments.
4 Select the Debit Account.
5 Select NEFT Payment Method.
6 Value Date will default with the current date.
If required, choose a future value date up to 90 days.
7 Enter a Payment Name up to 35 characters that will appear on payment reports.
8 Enter a Payment Reference up to 35 characters that will appear within the narrative on the funding account, beneficiary's statement and payment reports.
9 If required, enter a Debit Advice Description up to 55 characters that will appear on your debit account statement.
10 If required, tick the Individual Debits indicator to generate a separate debit entry on your account for each individual beneficiary payment instruction.
11
To reduce the risk of fraud, ANZ recommends you always confirm beneficiary details when processing a payment.
Control Bar
CONTROL BAR ITEM DESCRIPTION
Add Add individual Beneficiary details to the payment instruction.
Remove Tick the checkbox next to the Beneficiary details, then click Remove.
Filter Filter data on the screen. Enter criteria into one or more text boxes that are under each column heading to display matching records.

Click Add to add one or more beneficiary details.

Search and select the predefined ANZ Cash Transactions Account beneficiary from the Beneficiary Name field, then proceed to next steps. If required, click Add again to add additional beneficiaries.
12 If required, enter Client Reference up to 35 characters if different from the Payment Reference prepopulated.
13 Enter the Beneficiary payment amount.
14 If required, click Beneficiary Payment Details icon to view or update additional beneficiary information:
Add or update Beneficiary Payment Details
STEP ACTION
1 Add or edit Beneficiary
2 Add or edit Payment Amount
3 Add or edit Client Reference
4 If required, select Purpose Code
Purpose Codes & Descriptions
CODE DESCRIPTION
OTHERS OTHERS
P0001 Repatriation of Indian investment abroad (in equity capital (shares))
P0002 Repatriation of Indian investment abroad (in debt securities)
P0003 Repatriation of Indian investment abroad (in branches)
P0004 Repatriation of Indian investment abroad (in subsidiaries and associates)
P0005 Repatriation of Indian investment abroad (in real estate)
P0006 Foreign direct investment in India in eq(uity)
P0007 Foreign direct investment in India in de(bt securities)
P0008 Foreign direct investment in India in re(al estate)
P0009 Foreign portfolio investment in India in (equity shares)
P0010 Foreign portfolio investment in India in (debt securities including debt funds)
P0011 Repayment of loans extended to Non-Resid(ents)
P0012 Long and medium term loans with original
P0013 Short term loans with original maturity (upto one year from Non-Residents to India (Short-term Trade Credit))
P0014 Receipts o/a Non-Resident deposits (FCNR((B)/NR(E)RA, etc.) {ADs should report these even if funds are not “swapped” into Rupees})
P0015 Loans and overdrafts taken by ADs on the(ir own account. (Any amount of loan credited to the NOSTRO account which may not be swapped into Rupees should also be reported))
P0016 Purchase of a foreign currency against a(nother currency)
P0017 Sale of intangible assets like patents, (copyrights, trademarks etc. by Indian companies)
P0018 Other capital receipts not included else(where)
P0091 Purchase from Reserve Bank of India (Cur(rency-wise Totals))
P0092 Purchase from other ADs in India (Curren(cy-wise Totals))
P0093 Purchase from Overseas banks & correspond(ents (Currency-wise Totals))
P0094 debit from the Vostro a/c of overseas ba(nk or correspondents (Country-wise Totals))
P0095 Aggregate Purchases at Branches (Currenc(y-wise Totals))
P0100 Exports (Totals) {N/P/D + Collection bil(ls Realised during Fortnight +Advance received during Fortnight) (Purchases from Public against exports (Currency-wise Totals))}
P0101 Value of export bills negotiated / purch(ased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.)
P0102 Realisation of export bills ((in respect (of goods) sent on collection (full invoice value))
P0103 Advance receipts against export contract(s (export of goods only))
P0104 Receipts against export of goods not cov(ered by the GR/PP/SOFTEX/EC copy of shipping bill etc.)
P0105 Export bills (in respect of goods) sent (on collection)
P0106 Conversion of overdue export bills from (NPD to collection mode)
P0107 Realisation of NPD export bills (full va(lue of bill to be reported)
P0144 Purchases from Public against third coun(try exports (Currency-wise Totals))
P0201 Receipts of surplus freight/passenger fa(re by Indian shipping companies operating abroad)
P0202 Purchases on account of operating expens(es of Foreign shipping companies operating in India)
P0205 Purchases on account of operational leas(ing (with crew) – Shipping companies)
P0207 Receipts of surplus freight/passenger fa(re by Indian Airlines companies operating abroad)
P0208 Receipt on account of operating expenses (of Foreign Airlines companies operating in India)
P0211 Purchases on account of operational leas(ing (with crew) –Airlines companies
P0213 Receipts on account of other transportat(ion services (stevedoring, demurrage, port handling charges etc.))
P0301 Purchases towards travel (Includes purch(ases of foreign TCs, currency: notes etc over the counter, by hotels, hospitals, Emporiums, Educational institutions etc. as well as amount received by TT/SWIFT transfers or debit.
P0308 FC surrendered by returning Indian touri(sts)
P0401 Postal services
P0402 Courier services
P0403 Telecommunication services
P0404 Satellite services
P0501 Receipts for cost of construction of ser(vices projects in India)
P0601 Receipts of life insurance premium
P0602 Receipts of freight insurance – relating (to import & export of goods)
P0603 Receipts on account of other general ins(urance premium)
P0604 Receipts of Reinsurance premium
P0605 Receipts on account of Auxiliary service(s {commission on Insurance})
P0606 Receipts on account of settlement of cla(ims)
P0701 Financial intermediation except investme(ment banking – Bank charges, collection charges, LC charges, cancellation of forward contracts, commission on financial leasing etc.)
P0702 Investment banking - brokerage, under wr(iting commission etc.)
P0703 Auxiliary services - charges on operatio(n & regulatory fees, custodial services, depository services etc.)
P0801 Hardware consultancy/implementation
P0802 Software consultancy/implementation (oth(er than those covered in SOFTEX form)
P0803 Data base, data processing charges
P0804 Repair and maintenance of computer and s(oftware)
P0805 News agency services
P0806 Other information services- Subscription (to newspapers, periodicals, etc.)
P0807 Off site Software Exports
P0901 Franchises services - patents,copy right(s, trade marks, industrial processes, franchises etc.)
P0902 Receipts for use, through licensing arra(ngements, of produced originals or prototypes (such as manuscripts and films))
P1001 Merchanting Services - net receipt (from (sale and purchase of goods without crossing the border)
P1002 Trade related services - Commission on e(xports/imports)
P1003 Operational leasing services (other than(financial leasing and without operating crew) including charter hire)
P1004 Legal services
P1005 Accounting, auditing, book keeping and t(ax consulting services)
P1006 Business and management consultancy and (public relations services)
P1007 Advertising, trade fair, market research (and public opinion polling services)
P1008 Research & Development services
P1009 Architectural, engineering and other tec(hnical services
P1010 Agricultural, mining and on -site process(ing services – protection against insects & disease, increasing of harvest yields, forestry services, mining services like analysis of ores etc.
P1011 Inward remittance for maintenance of off(ices in India)
P1012 Distribution Services
P1013 Environmental Services
P1019 Other services not included elsewhere
P1101 Audio-visual and related services – serv(ices and associated fees related to production of motion pictures, rentals, fees received by actors, directors, producers an dfees for distribution rights)
P1102 Personal, cultural services such as thos(e related to museums, libraries, archives and sporting activities and fees for correspondence courses of Indian Universities/Institutes
P1201 Maintenance of foreign embassies in Indi(a)
P1203 Maintenance of international institution(s such as offices of IMF missions, World Bank, UNICEF etc. in India)
P1301 Inward remittance from Indian non-reside(nts towards family maintenance and savings)
P1302 Personal gifts and donations
P1303 Donations to religious and charitable in(stitutions in India)
P1304 Grants and donations to governments and (charitable institutions established by the governments
P1306 Receipts / Refund of taxes
P1401 Compensation of employees
P1403 Inward remittance towards interest on lo(ans extended to non-residents (ST/MT/LT loans
P1404 Inward remittance of interest on debt se(curities – debentures / bonds / FRNsetc,)
P1405 Inward remittance towards interest recei(pts of ADs on their own account (on investments)
P1406 Repatriation of profits to India
P1407 Receipt of dividends by Indians
P1501 Refunds / rebates on account of imports
P1502 Reversal of wrong entries, refunds of am(ount remitted for non-imports)
P1503 Remittances (receipts) by residents unde(r international bidding process
P1590 Receipts below Rs. 5,00,000 (Currency-wise Totals)
P1591 Non-Exports equivalent & above Rs. 5,00, ((Currency-wise Totals)
P2088 Opening Balance (Debit Balance in Mirror
P2199 Closing Balance (Debit Balance in Mirror
S0001 Indian investment abroad -in equity (capital (shares))
S0002 Indian investment abroad -in debt securi(ties)
S0003 Indian investment abroad -in branches & (wholly owned subsidiaries)
S0004 Indian investment abroad -in subsidiarie(s and associates)
S0005 Indian investment abroad -in real estate
S0006 Repatriation of Foreign Direct Investmen(t in India- in equity shares)
S0007 Repatriation of Foreign Direct Investmen(t in India- in debt securities)
S0008 Repatriation of Foreign Direct Investmen(t in India- in real estate)
S0009 Repatriation of Foreign Portfolio Invest(ment in India- in equity shares
S0010 Repatriation of Foreign Portfolio Invest(ment in India- in debt securities)
S0011 Loans extended to Non-Residents
S0012 Repayment of long & medium term loans wi
S0013 Repayment of short term loans with origin
S0014 Repatriation of Non-Resident Deposits (F(CNRB/N.RERA etc.)
S0015 Repayment of loans & overdrafts taken by (ADs on their own account)
S0016 Sale of a foreign currency against anoth(er foreign currency)
S0017 Purchase of intangible assets like paten(ts, copyrights, trade marks etc.)
S0018 Other capital payments not included else (Where)
S0091 Sales to Reserve Bank of India (Currency(-wise Totals))
S0092 Sales to other ADs in India (Currency-wi(se Totals))
S0093 Sales to Overseas banks & correspondents ((Currency-wise Totals)
S0094 credit to the vostro a/c of overseas ban(k or correspondents (Country-wise Totals))
S0095 Aggregate Sales at Branches (Currency-wi(se Totals)
S0101 Advance payment against imports
S0102 Payment towards imports- settlement of i(nvoice)
S0103 Imports by diplomatic missions
S0104 Intermediary trade
S0144 Sales to Public against Imports into oth(er countries (Currency-wise Totals)
S0190 Imports below Rs. 500000 (Currency-wise (Totals))
S0191 Imports equivalent & above Rs. 5 Lakhs ((Currency-wise Totals)
S0201 Payments for surplus freight/passenger f(are by foreign shipping companies operating in India)
S0202 Payment for operating expenses of Indian (shipping companies operating abroad)
S0203 Freight on imports – Shipping companies
S0204 Freight on exports – Shipping companies
S0205 Operational leasing (with crew) – Shippi(ng companies)
S0206 Booking of passages abroad – Shipping co(mpanies)
S0207 Payments for surplus freight/passenger f(are by foreign Airlines companies operating in India)
S0208 Operating expenses of Indian Airlines co(mpanies operating abroad)
S0209 Freight on imports – Airlines companies
S0210 Freight on exports – Airlines companies
S0211 Operational leasing (with crew) – Airlin(es companies)
S0212 Booking of passages abroad – Airlines co(mpanies)
S0213 Payments on account of stevedoring, demu(rrage, port handling charges etc.)
S0301 Remittance towards Business travel.
S0302 Travel under basic travel quota (BTQ)
S0303 Travel for pilgrimage
S0304 Travel for medical treatment
S0305 Travel for education (including fees, ho(stel expenses etc.)
S0306 Other travel (international credit cards
S0401 Postal services
S0402 Courier services
S0403 Telecommunication services
S0404 Satellite services
S0501 Construction of projects abroad by India(n companies including import of goods at project site)
S0502 Payments for cost of construction etc. o(f projects executed by foreign companies in India)
S0601 Payments for Life insurance premium
S0602 Freight insurance – relating to import & (export of goods)
S0603 Other general insurance premium
S0604 Reinsurance premium
S0605 Auxiliary services (commission on insura(nce)
S0606 Settlement of claims
S0701 Financial intermediation except investme(nt banking – Bank charges, collection charges, LC charges, cancellation of forward contracts, commission on financial leasing etc.)
S0702 Investment banking – brokerage, under wr(iting commission etc.)
S0703 Auxiliary services – charges on operatio(n & regulatory fees, custodial services, depository services etc.)
S0801 Hardware consultancy/implementation
S0802 Software consultancy / implementation
S0803 Data base, data processing charges
S0804 Repair and maintenance of computer and s(oftware)
S0805 News agency services
S0806 Other information services- Subscription (to newspapers, periodicals)
S0901 Franchises services – patents, copyright(s, trade marks industrial processes, franchises etc.)
S0902 Payment for use, through licensing arran(gements, of produced originals or prototypes (such as manuscripts and films))
S1001 Merchanting services –net payments (from (Sale & purchase of goodes without crossing the border)
S1002 Trade related services – commission on e(xports / imports)
S1003 Operational leasing services (other than ((financial leasing) without operating crew, including charter hire)
S1004 Legal services
S1005 Accounting, auditing, book keeping and t(ax consulting services)
S1006 Business and management consultancy and (public relatios services)
S1007 Advertising, trade fair, market research (and public opinion polling service)
S1008 Research & Development services
S1009 Architectural, engineering and other tec(hnical services)
S1010 Agricultural, mining and on–site process(ing services – protection against insects & disease, increasing of harvest yields, forestry services, mining services like analysis of ores etc.)
S1011 Payments for maintenance of offices abro(ad)
S1012 Distribution Services
S1013 Environmental Services
S1019 Other services not included elsewhere
S1101 Audio-visual and related services – serv(ices and associated fees related to production of motion pictures, rentals, fess received by actors, directors, producers and fees for distribution rights)
S1102 Personal, cultural services such as thos(e related to museums, libraries, archives and sporting activities; fees for correspondence courses abroad)
S1201 Maintenance of Indian embassies abroad
S1202 Remittances by foreign embassies in Indi(a)
S1301 Remittance by non-residents towards fami(ly maintenance and savings)
S1302 Remittance towards personal gifts and do(nations)
S1303 Remittance towards donations to religiou(s and charitable institutions abroad)
S1304 Remittance towards grants and donations (to other governments and charitable institutions established by the governments)
S1305 Contributions/donations by the Governmen (to international institutions)
S1306 Remittance towards payment / refund of t(axes)
S1401 Compensation of employees
S1402 Remittance towards interest on Non-Resid(ent deposits (FCNRB/NRERA/NRNRD/NRSR etc.)
S1403 Remittance towards interest on loans fro(m Non-Residents (ST/MT/LT loans)
S1404 Remittance of interest on debt securitie(s – debentures / bonds / FRNs etc. )
S1405 Remittance towards interest payment by A(Ds on their own account (to VOSTRO a/c holders or the OD on NOSTRO a/c)
S1406 Repatriation of profits
S1407 Payment / repatriation of dividends
S1501 Refunds / rebates / reduction in invoice
S1502 Reversal of wrong entries, refunds of am(ount remitted for non-exports)
S1503 Payments by residents for international (bidding)
S1504 Notional sales when export bills negotia(ted/ purchased/ discounted are dishonoured/ crystallised/ cancelled and reversed from suspense account
S1590 Non-Imports payment below Rs 500000 (Cur(rency-wise Totals)
S1591 Non-Imports equivalent & above Rs. 5 Lak(hs (Currency-wise Totals))
S2088 Opening Balance (Credit Balance in Mirro(r/Credit Balance in Vostro)
S2199 Closing Balance (Credit Balance in Mirro(r/Credit Balance in Vostro)
5 Enter 20-character Beneficiary LEI^, if Beneficiary LEI is not pre-populated.
6 If required, enter Remittance Information up to 140 characters. This will appear on the Beneficiary Advice and Payment Detail Report.
7 If required, enter Additional Information up to 8000 characters. This will appear on the Beneficiary Advice and Payment Detail Report and is not included in the payment.
8 If required, enter Debit Advice Description up to 55 characters.
9 If required, tick Email Beneficiary Advice and enter email address(es) up to 255 characters, separated by a comma.
10 Click Upload Document to upload doc, docx, jpg, jpeg or pdf supporting documents for this beneficiary payment instruction, with up to five files not exceeding a total size of 5MB.
11 Click Save.
15 Do you wish to continue the payment at a later stage?
  • Yes - Click Save as Draft, then click Cancel and Close Payment to exit out to the payment and return to the Current Payments screen. Payment will be in a Draft status.
  • No - Continue steps below.
16 Click Review & Submit.
17 Click Submit.
RESULT: Payment has been submitted and pending approval.

^Beneficiary LEI is required based on the following conditions:

  • At least one Beneficiary Bank is non-ANZ India and payment amount is equal to or greater than INR 500,000,000, and
  • LEI is not already assigned to the entity
Errors and Alerts
Error and alert messages such as 'fields validations' display information about the impacted field(s) and highlights the field(s) in red. Error messages are specific to the payment method types, fields available and particulars validations. You can update the information within the impacted field(s) and continue processing the payment.

Mandatory field validations:

Mandatory Field Error Messages (2).png

Beneficiary alert notifications:

  • Error is indicated by a red triangle. Details must be corrected to proceed with payment processing.
  • Alert with Warning is indicated by an amber triangle. Details can be corrected or accepted to proceed with payment processing.
NEFT Bene Alerts error.png

Errors and Alerts within the Beneficiary Payment Details screen:

  • Error is indicated by a red triangle. Details must be corrected to proceed with payment processing
  • Alert with Warning is indicated by an amber triangle. Details can be corrected or accepted to proceed with payment processing
NEFT Bene Error & Alerts error.png

Next Steps

When the payment has been successfully submitted and is now in a Pending Approval status, you can choose from the following on-screen options:

  • Request Payment Summary Report - Download in CSV, PDF and XLSX
  • Save Payment as Template - View in Templates menu. Use Payment Template.
  • Create Another Payment
  • View this Payment in a Pending Approval status
  • Click OK to close the payment and return to the Current Payments screen

When the payment has been successfully submitted for approval(s), the next steps can be:

You may find these helpful

Guides

Videos

Need more help?

Video Transcript