This section describes how to create new loans with DebiCheck payback instructions.

3.1 Create the Payback Instructions for the Loans

1. Navigate to MaxMoney > Client Administration > New Loan.

2. Set Payback Type to DebiCheck Receipt.

3. Proceed with the loan creation as usual.

4. On the MaxCollect section:

   • Select the Type of Authorization Required.

   • Select the Authorization Indicator.

5. Finish the loan.

3.1.1 TT 1 RealTime New Loan

For a TT1 RealTime new loan:

• The borrower must authorize the mandate via their cellphone. After authorization, click Check Authorisation Status.

• If a response indicates the user did not authorize the TT1, an RMS can be sent.

DebiCheck Creation Messages:

1. A Create Mandate message will be sent to create the Promissory on Allps.

2. Allps will send the DebiCheck message to the borrower’s bank.

3. The bank will send a DebiCheck authorization request to the borrower’s cellphone.

4. The bank will send the DebiCheck authorization response to Allps, and Allps will send the response to MaxMoney.

5. When the DebiCheck is authorized by the user, an Amend Mandate message will be sent to add the instalments on Allps.

6. If applicable, a Payout message will be sent to pay the loan amount to the Client Account on Allps.