Verification flow
New beneficiaries can require review, confirmation, or step up authentication before payment use.
Payments
Beneficiaries
Trusted payees, saved safely.
Save trusted payees for faster, safer future payments.
Overview
About Beneficiaries
OBS Beneficiaries store the people, businesses, and institutions you pay frequently, with verified account details and controls for who may use them.
A saved beneficiary reduces repeated entry, lowers payment error risk, and gives high value payments a cleaner review trail.
Feature highlights
Built for the details
Reusable profiles
Save account details once, then reuse the beneficiary across supported transfer types.
Change history
Edits to beneficiary names, accounts, and addresses remain visible for review.
Fees
Fee schedule
- Beneficiary management
- $0
Values shown are illustrative examples for this preview and do not constitute an offer, approval, or contractual quotation. Actual rates and fees depend on your profile, region, and eligibility.
How it works
Getting started
- 1
Add details
Enter the beneficiary name, destination account, and optional address or payment purpose.
- 2
Verify safely
Complete any required verification before the beneficiary can receive payments.
- 3
Use with confidence
Select the saved beneficiary when sending transfers, wires, or recurring payments.
Requirements
- Recipient name
- Destination institution
- Account details
- Payment purpose where required
FAQs
Frequently asked
Still have a question? Message an OBS specialist from Secure Messaging any time.
Related
Also consider
International Transfers
Send funds abroad with visible rates, fees, and delivery times.
Explore International TransfersWire Transfers
Domestic and international wires with reviewed instructions and traceable status.
Explore Wire TransfersScheduled Payments
Schedule a payment for a future date with confirmations before it sends.
Explore Scheduled PaymentsEducational resources
Learn more before you decide
- Fraud Prevention
Recognise common scams and protect your accounts and personal information.
Security
How OBS protects this experience
- Multi-Factor Authentication
Add a second factor to your OBS sign in.
- Trusted Devices
Manage the devices allowed to access your OBS account.
Ready to begin
Manage Beneficiaries
Open your OBS profile and add Beneficiaries in minutes.