Guides

End-to-End Process Flow

Phase 1 – Corporate Onboarding:

Responsibility: Sending Partner

  • Corporate customer onboarding.
  • Corporate KYC and due diligence.
  • Compliance approval.
  • Corporate activation.
  • Salary processing agreement executed.

Phase 2 – Funding & Treasury:

Responsibility: Sending Partner

  • Corporate submits salary batch.
  • Sending partner validates:
    • Salary file
    • Total amount
    • Fees
    • Funding availability
  • Sending partner funds the salary batch.

Phase 3 – Salary Transaction Creation:

Responsibility: Sending Partner

  • Generate employee salary transactions.
  • Populate:
    • Remitter (Corporate)
    • Beneficiary (Employee)
    • Amount
    • Corridor
    • Delivery Mode
    • Purpose = Salary
  • Submit transactions to IC Corporate (B2C) REST API.

Phase 4 – IC Validation & Compliance:

Responsibility: IC

  • Validate request structure.
  • Validate beneficiary details.
  • Validate corridor and delivery mode.
  • Perform:
    • AML screening
    • Sanctions screening
    • Watchlist checks
  • Reject or accept transaction.

Phase 5 – Salary Disbursement:

Responsibility: IC / Payout Partner

  • Account credit.
  • Beneficiary receives salary.

Phase 6 – Status & Reporting:

Responsibility: IC

  • Status updates available via API.
  • Success / Rejection notifications.
  • Reconciliation reports.
  • Settlement reporting.