Rule Configuration: “Do This”

The Do this section defines what action the rule should perform once triggered. This includes how much money to move, whether to leave a balance in the origin account, and where to send the funds.

The first step is to decide whether you want to leave a minimum balance in the origin account. Enter the balance that you would like to always remain in the account.

If you don't require a minimum balance to be in the account, leave the amount as €0, e.g.:

Sweeping a Percentage

If you are sweeping a fixed percentage of the funds that have landed:

1. Select Percentage
2. Select the destination account (internal, beneficiary or external account)
3. Enter the percentage amount

For example, this is what your action section would look like if you wanted to transfer 23% of incoming funds to an internal VAT account, and don’t need to retain a balance:

Sweeping a Fixed Amount

If you are sweeping a fixed amount of the funds that have landed:

1. Select Fixed amount
2. Select the destination account (internal, beneficiary or external account)
3. Enter the amount

Sweeping a Fixed Amount + Percentage

If you are sweeping both a fixed amount and a percentage of the received funds, you must first select the fixed amount. The percentage will then be applied to the remaining balance.

1. Under Fixed amount:

• Select Add fixed amount destination
• Select the destination account (internal, beneficiary or external account)
• Enter the amount

2. Under Percentage:

• Select the destination account (internal, beneficiary or external account)
• Enter the percentage amount

Choosing Destination Accounts

You can send funds to one of three destination types:

1. Internal NoFrixion Account: Select one of your existing NoFrixion accounts from the dropdown list:

2. Saved Beneficiaries: If you have already saved beneficiaries, you can choose one from the list:

3. New External Destinations: To send funds to a new recipient not saved as a beneficiary, enter their IBAN and name.

Please note: This destination will not be saved for future use. If you want to reuse it later, you’ll need to add the recipient as a beneficiary in a separate step.

You can continue adding as many destination accounts as required - mixing internal and external destinations to suit your needs.