Beneficiary Management is an API layer that is used to interface between the bank's modern platform and the user (Corporate Client) to view and maintain their beneficiaries. Domestic and International payments currently makes use of the Beneficiary Management API to enable corporate clients to make payments.

Beneficiaries are captured against a combination of the bank's company profile and client/legal entity. For example if a company has more than one client/legal entity then the user will only see the beneficiaries for the selected client/legal entity. When the user logs into Beneficiary Management, they are presented with a list of client(s)/legal entity(ies) from which they need to select to view beneficiaries.