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FAQs

Maker-approver

General Information

What is Maker-approver?

How can Maker-approver impact my transfers?

How does the transfer approval flow work?

Do all transfers need to undergo the approval process?

Roles and Permissions

What are the user roles available on the Statrys business account?

What can a Transaction Approver do?

What can an Approver Admin do?

What can a Reader do?

Can I delegate my employees or team members to authorize payments?

What are the changes to the previous roles?

How do I change user roles on my Statrys Business Account?

Can a person be both a Transaction Maker and a Transaction Approver in Maker-approver?

Can I prepare a payment for received invoices now and complete the payment later if I don't have enough balance in my account?

What happens if the Transaction Approver accidentally approves a transfer?

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Statrys Singapore Pte. Ltd. is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act 2019 (Licence No. PS20200692).