This guide explains how to add and verify bank accounts for transactions in BaseFund.
For Coordinators and Owners
Coordinators and Owners who are assigned to enter account information can do so from:
The Transaction Details view
The My Transactions dashboard
For Participants
Accessing Account Setup
Upon login, Participants will see a red "Assign" button under "My Actions" on the Secure Transactions Dashboard
Clicking this button opens a modal showing:
All line items they are associated with
A blinking green plus sign for items requiring account information
Adding a New Account
Click the blinking green plus sign to open the account entry view
Select "Add New Account"
Complete all necessary fields in these sections:
Account Information
Beneficiary Information
Contact Information
Note about the OBI/Further Credit To field:
This field is optional
Only required for transactions needing further routing after reaching the bank (e.g., Investment Accounts)
Cannot be edited once saved
Saving and Assigning the Account
Click "Create" at the bottom right to save the entered account information
After saving, you'll return to the previous screen with the new account displayed
To assign this account to a transaction:
Click the radio button to the left of the account
Click the "Assign" button to associate it with the transaction line item
Verifying an Account
Find the account needing verification
Click the blue "Get Verified" button on the right side of the account
This initiates:
A micro-deposit (less than $1) into the account
An email with further verification instructions
Complete verification by entering the micro-deposit amount in the BaseFund platform
Confirmation of Verification
Once an account is verified and assigned to a line item, the Transaction Details view will display:
A green checkmark
A green shield icon
These indicators confirm the account is both verified and assigned properly