Business Multisignature
This is a functionality enabling your company to sign transfers by multiple company members.
It is automatically added after a secondary member onboards.
Thu, 21 Jan, 2021 at 7:13 PM
First of all, set up your multisignature limit in the application. (After your first login to the application, you will have a 50,000 EUR limit set by defau...
Thu, 21 Jan, 2021 at 7:13 PM
We use the current best exchange rate available at the moment of sending or receiving the transaction.
Thu, 21 Jan, 2021 at 7:13 PM
Each person who needs to approve the transfer will receive a notification in the app.
Thu, 21 Jan, 2021 at 7:13 PM
It is visible at the main screen of the application. After the transfer is sent for acceptance you will find it in the PENDING section at the main screen.
Thu, 21 Jan, 2021 at 7:13 PM
No, representative function is not required for transfer approval. It is required for changing multisignature limits.
Mon, 15 Feb, 2021 at 4:52 PM
For standing orders and deferred transfers, the approval of other company member has to be done before the planned date of the transfer, otherwise it will b...
Thu, 21 Jan, 2021 at 7:13 PM
All types of transfers: SEPA, SWIFT, standing orders, deferred transfers, instant, as well as transfers between your accounts.
Thu, 21 Jan, 2021 at 7:13 PM
If you wish to disable this feature, go to person icon in the right corner of the screen -> select Settings -> Company Members (at the bottom of the s...
Thu, 21 Jan, 2021 at 7:13 PM
You need to have a Premium Membership with at least 2 company members, then multisignature will turn on automatically with a default limit of 50,000 EUR for...
Thu, 21 Jan, 2021 at 7:13 PM