Multiple Approval Transfers
What is a multiple approval transfer?
Multiple approval transfers are available to SME or corporate clients. This type of transfer requires that a designated validating party controls and then confirms the execution of a transfer initiated by an instructing party in the name of the company.
How to perform a multiple approval transfer?
- Under either the « Local Transfers » or « International Transfers » menu where an authorized instructing party can perform a multiple approval transfer.
- The validating party can approve or cancel any transfer initiated by the instructing party.
- To approve or cancel, validating party must go to the tab « transfers to be validated” then confirm or cancel a transfer initiated by the instructing party.
- As soon as a transfer is approved it becomes visible under the tab « Transfers in progress».