A 'Beneficiary' is a bank account or financial account that is designated to receive fiat funds.
Beneficiaries do not operate the platform. They are only used as the destination for payments or settlements.
In the 'Beneficiary' section, you can view detailed information of the fiat beneficiary accounts you have added, and perform edit and delete actions for these accounts. You may also view those beneficiary accounts that are under review or invalid.
Additionally, you can set up your Refund Account to receive the returned funds in the event of a failed transfer.
To add a new beneficiary, you may click the 'Add Beneficiary' button in the top right corner to complete the process.