Beneficiaries

The beneficiary management feature allows you to add, edit, or delete payment beneficiaries using the Ripple Payments UI.

Note:

This topic describes how you can manage beneficiary identities. For more information on how to manage originator identities, see Originator management.

Add a beneficiary identity

To add a beneficiary identity:

  1. From the left side navigation, select Beneficiaries > Add Beneficiary .
  2. Select whether the beneficiary identity you want to create is for a Business or Person (Individual).
  3. From the Destination Country dropdown list, select the country where your beneficiary will receive the payment.
    For an overview of all supported payout countries and currencies, see Payout network .

    United Kingdom of Great Britain and Northern Ireland only:
    In the Payout Currency field, select either EUR or GBP from the drop-down list. All other countries currently support only one payout currency, hence, the payout currency is pre-selected in those cases.

    Note:

    Bank account is currently the only supported payout category.

  4. Select Next .
  5. Fill in all fields related to identity details and then select Next .
    Note:

    When you specify the beneficiary name, make sure that it exactly matches the legal name that's registered with their bank. For example, if the beneficiary's name is registered with their bank as Dì nà in Pinyin (Chinese Phonetic Alphabet) characters, specifying Tina (in English) in the beneficiary identity field will cause the payment to fail during payout. In this example, you must specify the beneficiary name as Di na, without special characters (ì becomes i and à becomes a), so that it matches their legal name as registered with their bank.

  6. Fill in all fields related to bank information .
    Note:

    A beneficiary identity can only be associated with one payout method.

  7. Select Finish .
    This creates the new beneficiary identity.
  8. To confirm that the new beneficiary identity is available for selection when you create a new payment, view the list of identities by selecting Beneficiaries .

View beneficiary details

To view beneficiary identity details:

  1. From the left side navigation, select Beneficiaries .
  2. Locate and select the beneficiary identity for which you want to see details.

The beneficiary details will be displayed on the right side.

Edit beneficiary

To edit a beneficiary identity:

  1. From the left side navigation, select Beneficiaries .
  2. Locate and select the beneficiary identity you want to edit.
  3. In the panel on the right side, select ... > Edit .
  4. Change all info as needed and then select Save .
Note:

Grayed out fields contain the beneficiary identity's core information and can't be edited.

Your beneficiary identity is now updated with the new information you provided.

Delete beneficiary

To delete a beneficiary identity:

  1. Select Beneficiaries .
  2. Locate and select the beneficiary identity you want to delete.
  3. In the panel on the right side, select ... > Delete .
  4. In the Delete Beneficiary window, confirm that you want to delete the beneficiary identity by selecting Confirm .

Your beneficiary identity is now deleted from your identities list and will no longer be available for selection when you create a new payment.