Creating a Transaction in Basefund
A comprehensive guide to setting up, managing, and completing secure transactions in Basefund.
6 articles
Creating a New TransactionLearn how to create new transactions in Basefund. Choose from One-Time, Ongoing, Transfer, or Closing types and complete required transaction fields.
Assigning Participants to a TransactionManage transaction participants in Basefund. Add contacts, assign roles, and organize participants according to the flow of funds for secure transfers.
Setting Up the Receipt of FundsConfigure incoming funds for your transaction. Learn how to add senders and clearers, specify amounts, and connect the flow of funds between parties.
Setting Up the Disbursement of FundsSet up fund disbursements in Basefund. Add receivers, specify amounts and purposes, link to funding sources, and maintain complete audit trails.
Inviting Participants to a TransactionInvite participants to your Basefund transaction. Existing users are auto-invited, while new participants receive onboarding instructions via email.
Adding Bank AccountsAdd and verify bank accounts in Basefund. Enter account details, complete microdeposit verification, and assign accounts to transactions securely.