Log in from the User Token.
Step 1: Click on the Transact Tab in the top Menu.
- Click on Beneficiary Maintenance>> Add Beneficiary option on the left side menu.
- Select CBD Domestic Transfer Beneficiary as the transaction type then click on Add Beneficiary.
Step 2: Select the Beneficiary Type and input the required details marked with an asterisk.
- Select Individual if you're paying an individual account or select company if paying a corporate/business account.
Step 3: After entering the IBAN number, click on Validate IBAN to populate the bank details.
- Beneficiary Bank Info will reflect automatically.
- Review the details and click on Submit.
Step 4: Enter the PIN + RSA Token and click Submit.
- The approval process will depend on the setup done by iBusiness System Administrator.
- You can monitor the request under the Queue tab.
- Once the beneficiary registration is approved, you can proceed with the payment.
