How can I add a new bank to the payment gateway for settlements?

To enable fee settlements into a new bank account, you must first add the account in NextOS and then complete verification through the support team. Follow the steps below:

Steps to Add Bank Account

1. Navigate to Settings > Finance > Fee > Banking.
2. Click Add New and enter the bank account details:
   • Account Number
   • IFSC Code
   • Account Holder’s Name
   • Other mandatory fields as prompted
   • Verify the details for accuracy and click Save (this stores the bank account temporarily).

Send the KYC documents to the support team:

You can share the following list documents:

• Cancelled cheque image
• Cheque cancellation video (if required)
• Authorization letter from the school/trust stating the account will be used for fee collection
• Wait for confirmation from the support team.

Support Team Integration

• Support team will add the new bank account to the Payment Gateway portal for settlements.
• Once completed, you will receive confirmation.