A 'Beneficiary' is a bank account or financial account that is designated to receive fiat funds. Here we'll show you the step-by-step process for adding new beneficiaries.
- Enter the Velafi Dashboard, locate the 'Beneficiary' option in the sidebar. On the detail page, click the 'Add Beneficiary' button on the top right.
- On the 'Add Beneficiary' page, select the beneficiary's Country / Region, target fiat currency, receiving channel, as well as the corresponding merchant account.
- Enter the verification code to complete 2FA security authentication, then click 'Confirm'.
- After the beneficiary is added, you can view it on the 'Beneficiary' main page, and you may also edit or delete the beneficiary information subsequently.