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What do I need to do to migrate to the new arrangement?

No manual action or account reconfiguration is necessary from your company to complete the infrastructure migration.

Transition Details:

  • 100% Automatic Process: Our system automatically transitions your company profile, user permissions, and registered beneficiary list to the new structure.
  • No Contract Resigning: You do not need to sign new contractual terms or resubmit corporate documents to enable the new flow.
  • Automatic Balance Migration: If you have remaining balance in your old account, the amount is automatically transferred to your new Virtual Banking Account (VBA) once the migration is complete.

Your account will be ready to send batches in the new format as soon as the confirmation banner is displayed in the Payer App.

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