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Creating a New Transaction

Updated over a month ago

Creating a new transaction in Basefund is straightforward using our secure transaction management platform:

How to Create a Transaction

  1. Access the Transaction Creation Tool

    • From the Secure Transactions Dashboard or the My Transactions view, select the "Add Transaction" button

  2. Choose Your Transaction Type

    • Select one of the following transaction types:

      • One-Time

      • Ongoing

      • Transfer

      • Closing

  3. Complete the Required Fields

    • For One-Time, Ongoing, and Transfer transactions:

      • Fill in all required information

      • In the "On Behalf Of" field, select the appropriate organization from the dropdown menu

      • Note: Organizations must be added through Contact Management before they appear in this dropdown

    • For Closing transactions:

      • Complete all standard fields

      • Additionally, fill in the "Closing Details" field with relevant information such as:

        • Wire fraud advisory statements

        • Specific closing instructions

        • Any other pertinent details

  4. Submit Your Transaction

    • Review all information for accuracy

    • Click the "Submit" button to finalize your transaction

Important Notes

  • Organizations must be entered through Contact Management before they can be selected in transactions

  • The system will validate all required fields before allowing submission

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