*OTP is a “One time password” used for transferring funds & paying bills from the beneficiary list. SMS OTP has made Transferring funds to your favorite accounts, credit card payment and mobile numbers simpler. Transactions with beneficiaries won’t require your Access app or hardware token. Your transactions will be verified with an SMS code (OTP) sent to your registered mobile number. Enter the OTP when requested when transferring to beneficiaries for Fund Transfer & Bill Pay.