Disburse Check to Fund Loan

Transaction Examples > Disburse Check to Fund Loan

Use this request to disburse a check to fund a closed- or open-end loan.

  • Target WSDL: TransactionsService
  • Operation: newLoan
  • Available Credential Types: AccountNumber, HomeBanking, Card, MICR, Lookup, UserNumber, Administrative

XML Request

<soapenv:Envelope xmlns:soapenv="http://schemas.xmlsoap.org/soap/envelope/"
    xmlns:tran="http://www.symxchange.generated.symitar.com/v1/transactions"
    xmlns:com="http://www.symxchange.generated.symitar.com/v1/common/dto/common"
    xmlns:dto="http://www.symxchange.generated.symitar.com/v1/transactions/dto">
   <soapenv:Header/>
   <soapenv:Body>
      <tran:newLoan>
         <Request MessageId="newLoan">
            <Credentials>
               <AdministrativeCredentials>
                  <Password>SYMXADMIN</Password>
               </AdministrativeCredentials>
            </Credentials>
            <DeviceInformation DeviceType="CLIENTSYSTEM" DeviceNumber="20000"/>
            <dto:AccountNumber>13421</dto:AccountNumber>
            <dto:LoanId>15</dto:LoanId>
            <LoanAmounts>
               <dto:TotalAmount>200.00</dto:TotalAmount>
               <CheckAmount>200.00</CheckAmount>
            </LoanAmounts>
            <dto:CheckIssuer>SYMITAR</dto:CheckIssuer>
            <dto:Comment>Check Loan Disbursement</dto:Comment>
            <dto:Payee>
               <PayeeLine dto:PayeeLineNumber="1">
                  <LineValue>ABC MOTORS</LineValue>
                  </PayeeLine>
               <PayeeLine dto:PayeeLineNumber="2">
                  <LineValue>123 ALPHABET LANE #123</LineValue>
                  </PayeeLine>
               <PayeeLine dto:PayeeLineNumber="3">
                  <LineValue>SAN DIEGO, CA 92123</LineValue>
               </PayeeLine>
            </dto:Payee>
         </Request>
      </tran:newLoan>
   </soapenv:Body>
</soapenv:Envelope>

Required elements in the request include the following tags:

  • dto:AccountNumber
  • dto:LoanId
  • LoanAmounts
  • dto:TotalAmount
  • CheckAmount

XML Response

<soap:Envelope xmlns:soap=
"http://schemas.xmlsoap.org/soap/envelope/">
   <soap:Body>
      <ns4:newLoanResponse xmlns:ns4="http://www.symxchange.generated.symitar.com/v1/transactions"
      xmlns:ns3="http://www.symxchange.generated.symitar.com/v1/transactions/dto"
      xmlns:ns2="http://www.symxchange.generated.symitar.com/v1/common/dto/common">
         <Response Confirmation="08000000000134" SequenceFrom="157569" TransactionPostDate="
         2016-12-15" MessageId="newLoan" StatusCode="0"/>
      </ns4:newLoanResponse>
   </soap:Body>
</soap:Envelope>
Last updated Fri Mar 3 2023