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».

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A loan is a personal commitment. It engages you to due repayment.

Check your repayment capacity before you commit to a loan.