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IBFT4 – Beneficiary

This guide provides step-by-step instructions for Beneficiary institutions to test IBFT4 (Interbank Fund Transfer Scenario 4) transactions using PayNet-provided terminals and the Developer Portal.

IBFT4 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​

ItemProvider
PayNet TerminalPayNet
Login CredentialsPayNet
Test Card (BIN 9000 09XX)PayNet
Beneficiary Account NumberYour Organization
Developer Portal AccessPayNet
FIIDYour Organization

Step 1: Execute Transaction on PayNet Terminal​

1.1 Terminal Login​

  1. Open PayNet ATM application
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  1. Enter Email and Password provided by PayNet
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  1. Click Login
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1.2 Interbank Fund Transfer Scenario 4 (IBFT4) Transaction​

  1. Click “Fund Transfer”
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  1. Select Account Type to Transfer From
    • Saving
    • Current
Important

Match this selection with your test case title

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  1. Select transfer type → Transfer to Other Bank (IBFT4 requirement)

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  1. Select Beneficiary Bank
    • Scroll through the bank list
    • Select your own bank (from your organization)
    • Click Confirm
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  • Click Confirm

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  1. Select Account Type to Transfer To
    • Review your test case details
    • Select according to test case specification
Critical

Incorrect selection will cause execution failure.

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  1. Enter Beneficiary Account Number
    • Use account number from your organization
    • Click OK
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  1. Enter Transfer Amount
    • Click Charge
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  1. Card Authentication

    • Insert PayNet-provided card (BIN 9000 09XX XXXX XXXX)
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    • Enter PIN
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  • Click OK

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  1. Confirm transfer details:

    • Beneficiary Name
    • Beneficiary Bank
    • Account Number
    • Amount
    • Click CONFIRM
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  2. Retrieve Receipt with RRN

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Important – Two RRNs Required
  • Beneficiary Inquiry RRN (Step 1) → Obtained from your own system
  • Fund Transfer RRN (Step 2) → Obtained from terminal receipt

📌 Key Transaction Details​

StepFieldNote
Account FromSaving / CurrentMust match test case
Transfer TypeTransfer to Other BankIBFT4 requirement
Beneficiary BankYour own bankFrom your organization
Account ToPer test caseCheck test case details
Beneficiary AccountYour organizationFrom your institution
CardPayNet provided (BIN 9000 09XX)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
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  1. Scroll to Scenario 4 – BEN
  2. Click the relevant test case title
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2.2 Submit RRNs (Two-Step Validation)​

You will see 2 steps in the Test Execution tab.

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Step 1 – Submit Beneficiary Inquiry RRN​

  1. Enter Beneficiary Inquiry RRN from your own system in Step 1 field
  2. Click Run Test Case for Step 1
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  1. Wait for validation
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Critical

You must complete and pass Step 1 first, otherwise Step 2 cannot be run.

Step 2 – Submit Fund Transfer RRN​

  1. After Step 1 shows Passed
  2. Enter Fund Transfer RRN from terminal receipt in Step 2 field
  3. Click Run Test Case for Step 2
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  1. Wait for validation
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Note

This is a multi-step validation.
Step 2 is only enabled after Step 1 passes successfully.

2.3 Review Results​

  • Passed: Status badge displays a green Passed label

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

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Step 3: Complete All Test Cases​

Completion Checklist​

  • Repeat Steps 1–2 for each test case in Scenario 4 – BEN
  • Complete all account type combinations specified in test cases
  • Ensure all test cases show Passed
  • Review test logs for any failures