How to update banking or add details on CSD

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Maintaining accurate bank details on the Central Supplier Database (CSD) is vital for efficient payment processing, particularly for suppliers working with government departments. Here’s how you can update or add bank details on the CSD:

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  1. Log in to the CSD and navigate to the “Bank” tab.
  2. If you need to edit an existing bank account, click the edit icon next to the relevant account.
  3. Correct the bank details as necessary.
  4. Click the “Re-submit Bank Details” button. The existing CSD details will be sent for re-verification with the updated bank details at the financial institution.

If you’re adding a new bank account:

  1. Click “Add Bank Account.”
  2. Enter the bank details and click “Send OTP.” A One Time Pin (OTP) will be sent to the preferred contact’s cellphone number.
  3. Enter the OTP and click “Save.”
  4. A message confirming “Bank Account Added Successfully” will appear.

The new bank account number will now be visible on the account list.

Remember, while managing bank details on the CSD, you can have multiple bank accounts, but it’s essential to designate one as the preferred account. This ensures that your payment transactions proceed smoothly. Keeping your bank information up to date is a key aspect of maintaining a seamless relationship with government departments and organizations that rely on the CSD for supplier information.