How to Add a Beneficiary in SiFi
Adding a beneficiary in SiFi is quick and secure. You can add new beneficiaries anytime and also update their details whenever needed.
Steps to Add a New Beneficiary
Log in to your SiFi account.
Go to Transfers.
Click on Add Beneficiary.
Enter the following details:
Name of the beneficiary
IBAN
Alias (a nickname for easy identification)
Email (optional – if provided, the beneficiary will automatically receive a paid receipt once a transfer is completed)
Address of the beneficiary
Click Add Beneficiary.
You will receive a One-Time Password (OTP) on your registered mobile number.
Enter the OTP to confirm and add the beneficiary.
Beneficiary Activation
You cannot transfer funds to a newly added beneficiary until they are activated.
To activate, go to Beneficiary Options → Activate.
You will receive a verification call from SiFi.
Follow the instructions on the call to confirm and complete activation.
After Activation
✅ Once your beneficiary is activated, you can transfer funds to them anytime.
✅ If an email was added, the beneficiary will automatically receive a payment receipt whenever a transfer is made.
Key Notes
Ensure the IBAN and details entered are correct to avoid delays.
Only activated beneficiaries are eligible for transfers.
You can edit beneficiary details anytime from the Beneficiaries section.
📌 Need Help?
If you face issues adding or activating a beneficiary, contact our support team at:
📞 920 031 030 | ✉️ support@sifi.sa
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