Payment Instructions

Overview

Payment instructions vary widely depending on the payment type, recipient location, and service provider. This guide covers key scenarios including international transfers, tax payments, government payments, and business invoicing.

International Money Transfers

Key Requirements

• Recipient Information: Full name, address, and contact details
• Bank Details:
  • IBAN (for SEPA countries)
  • SWIFT/BIC code
  • Bank name and address
• Purpose of Payment: Required for cross-border transfers

Steps for Sending

1. Select payment type: SEPA, non-SEPA euro, or non-euro
2. Fill in recipient details
3. Check country-specific requirements (e.g., China/Russia require extra validation)
4. Submit payment through banking channels

Receiving Payments

Provide payers with:

• Your IBAN (e.g., FI1234567890123456)
• SWIFT code (e.g., OKOYFIHH)
• Bank address (e.g., Gebhardinaukio 1, Helsinki)

Online Payment Systems

Tax Payments

Many governments offer online portals for tax payments. For example:

• Tax Payment Cart: Add multiple bills (up to 50) for single-transaction payments
• File Upload: Submit payment files via pre-registered accounts with specific formatting requirements

Government Payments

For payments to government agencies:

1. Access payment portal
2. Select payment type (annuity credit, life insurance, etc.)
3. Enter required account numbers (e.g., ASC-A12345678)
4. Complete payment via bank transfer or card

Business Payment Tools

Invoice Payment Instructions

To set up payment instructions for customers:

1. Navigate to payment settings
2. Enable desired methods (check, wire transfer, etc.)
3. Customize instructions per payment method
4. Save and activate settings

Client Workflow

• Customers view instructions after selecting payment method
• Option to notify businesses when checks are mailed
• Record payments manually upon receipt

Key Takeaways

• Always verify recipient details and banking requirements
• Use official payment portals for government transactions
• Customize payment instructions for different business scenarios
• Keep records of all payment confirmations

For specific requirements, always consult official provider documentation.