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What is the difference between Save Template and Save Beneficiary?

Save Template allows you to save a pre-filled payment request with all the relevant details. This includes payment method, debiting account, beneficiary details, references, etc.

 

Useful for frequent and similar payments to the same beneficiary, but with varying payment amounts.  When it is time to make a payment to this beneficiary, you can select this saved template, double check the pre-filled details, and just update the amount to be paid.

 

Save Beneficiary allows you to save the details of a beneficiary so that you won’t have to keep entering in the beneficiary details every time you want to make a transfer.

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