> ## Documentation Index
> Fetch the complete documentation index at: https://docs.rynopay.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Bank Beneficiaries

> Add a bank account beneficiary for local or international payouts.

A bank beneficiary is a person or business whose bank account can be selected during a payout.

<Frame>
  <img src="https://mintcdn.com/ryno-26f27c8f/sKKdX1PI98-AaZfj/images/business/beneficiaries/add-bank-beneficiary.png?fit=max&auto=format&n=sKKdX1PI98-AaZfj&q=85&s=c20cf485e55ab2f5205939c2201614cb" alt="Add bank beneficiary panel" width="1920" height="809" data-path="images/business/beneficiaries/add-bank-beneficiary.png" />
</Frame>

## Bank beneficiary fields

The form may include:

| Field               | Description                                          |
| ------------------- | ---------------------------------------------------- |
| Currency            | The payout currency.                                 |
| Beneficiary Country | The country where the beneficiary is located.        |
| Beneficiary Type    | Individual or Business.                              |
| Payment Method      | The supported payout method for the selected market. |
| Account Holder Name | The name shown on the bank account.                  |
| Bank                | The beneficiary's bank.                              |
| City                | The beneficiary's city.                              |
| State/Province      | The beneficiary's state, region, or province.        |
| Beneficiary Address | The beneficiary's complete address.                  |

Additional fields may appear after you select the currency, country, and payment method.

## Add a bank beneficiary

<Steps>
  <Step title="Select Bank Account">
    Open the Add Beneficiary panel and choose **Bank Account**.
  </Step>

  <Step title="Select the currency">
    Choose the currency you intend to use for payouts.
  </Step>

  <Step title="Select the beneficiary country">
    Choose the beneficiary's country.
  </Step>

  <Step title="Choose the beneficiary type">
    Select **Individual** or **Business**.
  </Step>

  <Step title="Select a payment method">
    Choose an available method for the selected currency and country.
  </Step>

  <Step title="Enter the account holder name">
    Use the exact name registered on the bank account.
  </Step>

  <Step title="Select or enter the bank">
    Choose the beneficiary's bank where available.
  </Step>

  <Step title="Complete compliance details">
    Enter the requested city, state or province, and address.
  </Step>

  <Step title="Save the beneficiary">
    Review the information and select **Save Beneficiary**.
  </Step>
</Steps>

<Warning>
  The account-holder name should match the bank's records. A mismatch may delay or prevent the payout.
</Warning>

## Currency and country dependency

Available fields and payment methods may change based on the selected:

* Currency
* Country
* Beneficiary type
* Payout route

## Related guides

<CardGroup cols={2}>
  <Card title="Add a Beneficiary" href="/business/beneficiaries/add-beneficiary" />

  <Card title="Beneficiary FAQ" href="/business/beneficiaries/faq" />
</CardGroup>