Use this guide to set up a standing order between your own accounts within CBD.
Step 1: Start a transfer
1. Log in to iBusiness
2. Navigate to: Payments & Transfers ➜ Transfers
3. Click Initiate Transfer
Step 2: Select standing order type
1. Click Standing Orders
2. Select Standing Order to Own Account
Step 3: Enter transfer details
Complete the required transfer information:
- Debit Account: The bank account from which the money will be deducted for the transfer.
- Credit Account: the bank account that will receive the transfer
- Transfer Amount: The amount of money you want to send to the beneficiary. (Example: AED 5,000.00)
- Save Draft: this will save the transfer for later use. Learn More
- Schedule:
- Period – Select the transfer frequency (e.g., Daily, Weekly, Monthly).
- Start Date – Specify when the recurring transfer should begin.
- End Date – Specify when the recurring transfer should stop.
Once completed, click Continue.
Step 4: Review and submit
1. Review the details on the Summary screen
2. Accept the Terms & Conditions
3. Click Submit
Step 5: Authenticate the transaction
• A notification will be sent to your paired mobile device
• Approve the request to proceed
Step 6: Approval (if applicable)
• If your organization uses a maker/checker process, the request must be approved
• The approver should:
1. Log in to iBusiness
2. Go to Transactions Hub ➜ Pending Your Authorizations
3. Locate the request under Within Your Accounts
4. Review and Approve or Reject the request
Helpful Tips
• Double-check all recurring details (amount, frequency, dates) before submission
• Ensure sufficient balance is available to avoid failed transfers
• Use the reference number to track the request if needed