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How to Register a Beneficiary for Internal CBD Payments? Print

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 Internal Account Transfer as the transaction type then click on Add Beneficiary.

Step 2: 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 3: 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.

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