Beneficiary Access (Sub Level) role
An organization can now invite a limited number of Beneficiaries to access ZEscrow so that they can confirm an account exists and is earning interest, and that there’s a record of transactions and documents/statements.
Assumptions:
- There is a valid email address where the invite can be sent.
- The sub/beneficiary is associated with a valid Tax Id or SSN.
Steps to invite a beneficiary to access the subaccount:
- Open the subaccount for whom the beneficiary needs access.
- Navigate to the dashboard and click on the “Add User” icon next to the email address if one is provided already as shown below.
- You will now see the “Invite Beneficiary” window which allows you to edit the email address if needed and also provides the information if there was already an invite sent to the beneficiary or not. Click on “Send Invite” in order to send the invitation to that email address.
- Clicking on “Set Up Your Account Now” will allow the user to set a password and upon success they will be able to view the platform. The beneficiary user will now be able to use their credentials and login.
- They will be asked to verify their identity.
- Upon verification you will then view the T&Cs and then be able to view the subaccount.
They will only have access to view the transactions and their statements but will not be able to perform any transfer funds or update their information.
- If the org user now goes to that subaccount’s dashboard clicking invite user icon again will show the updated status.
- In case the invite needs to be sent again “Resend Invite” can be used.
Other Features
- The release will also include some minor bug fixes and enhancements.