IBFT3 – Beneficiary

This guide provides step-by-step instructions for Beneficiary institutions to test IBFT3 (Interbank Fund Transfer Scenario 3) transactions using PayNet-provided terminals and the Developer Portal.

IBFT3 simulates instant transfer scenarios where customers transfer funds to accounts at your institution using the SAN network infrastructure.

Who should use this: Banks, Non-Banks, TPA, EMI, Digital Banks receiving funds as Beneficiary

Prerequisites

Item	Provider
PayNet Terminal	PayNet
Login Credentials	PayNet
Test Card (BIN 9000 08XX)	PayNet
Beneficiary Account Number	Your Organization
Developer Portal Access	PayNet
FIID	Your Organization

Step 1: Execute Transaction on PayNet Terminal

1.1 Terminal Login

1. Open PayNet ATM application

   

2. Enter Email and Password provided by PayNet

   

3. Click Login

   

1.2 Interbank Fund Transfer Scenario 3 (IBFT3) Transaction

1. Click Fund Transfer

   

2. Select Account Type to Transfer From:

   • Saving
   • Current
   Important

   Match this selection with your test case title

   

3. Transfer Type screen appears → Select Transfer to Other Bank (IBFT3 requirement)

   

4. Select Beneficiary Bank

   • Scroll through the bank list
   • Select your own organization bank
   
   • Click Confirm
   

5. Select Account Type to Transfer To

   • Review your test case details carefully
   • Select according to test case specification
   Critical

   Incorrect selection will cause execution failure.

   

6. Enter Beneficiary Account Number

   • Use account number from your organization
   • Click OK
   

7. Enter Transfer Amount

   • Click Charge
   

8. Card Authentication

   • Insert PayNet-provided card (BIN 9000 08XX XXXX XXXX)
   
   • Enter PIN
   
   • Click OK
   

9. Confirm Transfer Details

   • Verify:
     • Beneficiary Name
     • Beneficiary Bank
     • Account Number
     • Amount
   • Click CONFIRM
   

10. Retrieve Receipt with RRN

    

📌 Key Transaction Details

Step	Field	Note
Account From	Saving / Current	Must match test case
Transfer Type	Transfer to Other Bank	IBFT3 requirement
Beneficiary Bank	Your organization bank	From your institution
Account To	Per test case	Check test case details
Beneficiary Account	Your organization	From your institution
Card	PayNet provided (BIN 9000 08XX)	From PayNet

Step 2: Submit Test Case in Developer Portal

2.1 Navigate to Test Case

1. Return to PayNet Developer Portal
2. Open SAN Instant Transfer test suite

3. Scroll to Scenario 3 – BEN
4. Click the relevant test case title

2.2 Submit RRN

1. Click Test Execution tab

2. Enter Beneficiary Inquiry RRN from your own system in the Retrieval Reference Number field
3. Click Run Test Case

4. Wait for validation

Note

IBFT3 requires only Beneficiary Inquiry RRN.
This is a single-step validation.

2.3 Review Results

• Passed: Status badge displays a green Passed label

  

• Failed: Click View Test Logs to identify the issue and error details

  

Step 3: Complete All Test Cases

Completion Checklist

• Repeat Steps 1–2 for each test case in Scenario 3 – BEN
• Complete all account type combinations specified in test cases
• Ensure all test cases show Passed
• Review test logs for any failures