Log in from the User Token.
Step 1: Click on the Transact Tab in the top Menu
- Click on Funds Transfer>> Other CBD Accounts option on the left side menu
Step 2: Select the debit account and click on Add Beneficiary option.
- If the beneficiary is already registered, click on the Search Beneficiary option and proceed to Step 5
Step 3: Enter the Beneficiary Details and click on Validate Account Details to ensure that the Account Number is correct.
- The screen will automatically populate the Beneficiary Name based on the Account Number validation
- Click on Submit
Step 4: Enter the PIN + RSA Token and click Submit
- The approval process will depend on the setup done by the iBusiness System Administrator
- You can monitor the request under the Queue tab
- Once the beneficiary registration is approved, you can proceed with the payment
Step 5: Go to Transact >> Fund Transfer >> Other CBD Accounts
- Select the Debit Account Number
- Click on Search Beneficiary
- The system will display the list of registered beneficiaries
- You can enter the beneficiary name or nickname to narrow the results
- Select the Beneficiary required and click Submit
Step 6: The system will go back to the main payment screen. You can proceed with entering the remaining required details.
- For foreign-currency transfer, the equivalent amount in the respective currency will reflect on the screen
- Under Other Details, you can input the reference number or reference details reflected in both debit and credit accounts.
- If required, you can also attach a supporting document which will go to the authorizer/s by clicking on the Attach Document option
- Click on Initiate once you are done filling out the transaction details
Step 7: Review the details and click Confirm
Step 8: Enter the PIN + RSA Token and click Submit
- The approval process will depend on the setup done by the iBusiness System Administrator
- A reference number will be generated which can be used to track the status of the payment
- You can monitor the request under the Queue tab
