Fund Payback & Settlement

Insurance payment receipt, settlement tracking, and fund distribution

8 Steps
Production Ready

Journey Steps

Step-by-step breakdown of the fund payback & settlement process

1

Insurance Payment Monitoring

Arab National Bank

Monitor incoming insurance payments to virtual account through Arab National Bank

2

Payment Reconciliation

Match received payments with outstanding claims

3

Fee Calculation

Calculate Claim.sa fees based on funding terms

4

Fund Splitting Setup

Arab National Bank

Configure payment splitting via Arab National Bank

5

IBAN Verification

Single View

Validate clinic bank account details through Single View before disbursement

6

Payment Distribution

Arab National Bank

Execute payment distribution to Claim.sa and clinic via Arab National Bank

7

Settlement Confirmation

Taqneyat

Send settlement confirmation SMS to clinic

8

Settlement Complete

Settlement process completed, records updated

Step Detail

Selected: Step 1

Insurance Payment Monitoring

Monitor incoming insurance payments to virtual account through Arab National Bank

Type:
integration
Integration:
Arab National Bank

Journey Statistics

8
Total Steps
3
Integrations
0
Validations
3
Screens