A Beneficiary is a person or a legal entity/company that you designate to receive funds in payment for the exchange of goods and/or services.
Go to the Payments tab / Payments Management. Click on Beneficiaries and select either Domestic or International.
Make sure you have the Account Details/IBAN for the receiver account.
Enter the Beneficiary details and follow the onscreen instructions to Authorise or Save for Authorisation.
A beneficiary that has been saved for authorisation or requires a second authorisation in the Beneficiary Management screen by selecting the Beneficiary and clicking Authorise,
You will be prompted to confirm the request using your Digipass.
Please note, when creating a Beneficiary to make an International Payment within the SEPA zone, the BIC will be added automatically based on the Beneficiary IBAN entered. If a BIC cannot be found for the IBAN entered, you will then be prompted to enter the corresponding BIC.
When creating a Beneficiary to make a payment outside the SEPA zone, the required account details are specific to the country you are paying.