Explain your business payment needs
Tell the team whether the payment relates to imports, exports or another lawful business purpose. Confirm the currencies, fund location, recipient, amount and expected frequency before proceeding.
- Business type and the parties involved.
- Payment purpose and the relevant countries.
- Funding and recipient bank arrangements.
- Amount, frequency and any payment deadline.
Prepare company and authorised-person information
The required information depends on the business structure and risk assessment. The team may ask for company details, ownership or control information, identification for relevant people, and evidence that a person is authorised to act for the business.
Provide information about the transaction
A proposed payment may require supporting contracts, invoices or other documents explaining its purpose and funding. Ask which documents are suitable for your transaction and whether certification or translation is needed. These are examples of information to discuss, not a universal checklist.
Confirm the quote and processing conditions
Check the execution rate, total payable, expected receipt, fees and quote validity. Processing can depend on onboarding, receipt of funds, review and the banking route. Ask how any third-party charges or delays will be handled.
Keep payment and approval records
Follow the instructions confirmed by Skyline, verify the payee and payment reference, and retain the quote and payment record. If company details, authorised persons or payment information change, tell the team before the next transaction.