Float Transfer

Float Transfer

Process for Float Transfer

  1. Initial Engagement

    • The agent engages the retailer to understand the reasons for the float transfer.

    • If the POS machine is faulty, the customer is encouraged to bring the machine to the office for assistance before considering a float transfer.

  2. Request Submission

    • If the machine cannot be fixed, the retailer is advised to submit a float transfer request via email.

    • The request should include:

      • Reasons for the float transfer

      • Accounts from which the float should be transferred

      • Accounts to which the float should be transferred

  3. Approval and Feedback

    • The customer care team forwards the request to the head of the sales team and accounts team for approval.

    • Feedback on the request is shared with the retailer once a decision is made.

  4. Ensuring Alternatives

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