Beneficiary
📌 Who is a Banking Beneficiary?
In HelloMe, a Banking Beneficiary is the person or business who will receive money from a remitter or the HelloMe system.
A beneficiary could be:
- A customer
- A supplier
- A partner
- Or any final recipient of a payout
✅ Purpose of the Beneficiaries Module
The Manage Banking Beneficiaries page lets you:
- See who has been onboarded to receive payments.
- View and search for beneficiaries.
- Check beneficiary details (like account numbers, country, and status).
- Confirm if they are active, pending, or inactive.
- Open full details for each beneficiary.
📋 Search Filters
You can filter beneficiaries using the search fields at the top:
| Field | What It Means |
|---|---|
| Provider | Choose the payment provider the beneficiary is linked to. |
| Remitter ID | Filter by the sender’s ID who registered this beneficiary. |
| Beneficiary Name | Search by the beneficiary’s full name. |
| Beneficiary Account Number | Find a beneficiary using their bank account number or IBAN. |
| Onboarded Date | Filter by the date the beneficiary was added to the system. |
| Status | Filter beneficiaries by status (e.g., Active, Inactive, Pending). |
Click Apply to run your search or Reset to clear it.
📊 Beneficiaries Table — Column Details
| Field | Description |
|---|---|
| Date | The date and time the beneficiary was added to the system. |
| Beneficiary | Full name of the beneficiary. |
| Account # / IBAN | The bank account number or IBAN for receiving payments. |
| Sort/Swift | The beneficiary’s Sort Code or SWIFT code (used for routing international payments). |
| Country | The country where the beneficiary’s bank account is located. |
| Remitter | The remitter who added or uses this beneficiary. |
| Provider | The payment provider or channel linked to this beneficiary (e.g., Tribe Wallet). |
| Status | Shows if the beneficiary is Active, Pending, Inactive, or Suspended. |
| Action | Click View to open and review full beneficiary details. |
✅ Example
| Field | Example Value |
|---|---|
| Date | 2024-12-17 14:51:46 |
| Beneficiary | Pascale Spencer Jeanne |
| Account # / IBAN | Personal/10 |
| Country | Nigeria |
| Remitter | Jack |
| Provider | Tribe Wallet |
| Status | Active |
In this example, Pascale Spencer Jeanne is an active beneficiary in Nigeria, linked to Jack as the remitter and uses Tribe Wallet as the payment provider.
✅ Why Manage Beneficiaries?
- To ensure payments are only sent to verified and onboarded recipients.
- To help admins check account details for accuracy.
- To track which provider and remitter is linked to each payout.
- To manage and update statuses if accounts change.
📌 Key Point
A beneficiary is always the final receiver — managing them correctly ensures smooth payouts, proper compliance, and fewer payment failures.