How to Add a New Payee in Morney

Learn how to accurately add employee and supplier payees for disbursements in Morney, verify bank details, and initiate a payment request.

July 8, 2026 By Ayomide Adegebo

This guide shows how to accurately create and save new payees for disbursements. Following these steps ensures accurate vendor or employee bank details are verified before issuing payments.

This applies to finance team members and administrators responsible for managing company disbursements. Use this workflow whenever you need to onboard a new employee, supplier, or other entity for payment processing.

Getting Started

Navigate to the payee management area from your dashboard to begin setting up a new disbursement target.

Step #1: Click Finance in the left-hand navigation sidebar. — Click **Finance** in the left-hand navigation sidebar.

Step #2: Click Payee. — Click **Payee**.

Step #3: Click Add Payee in the top right corner. — Click **Add Payee** in the top right corner.

When adding a new payee, you must first select the appropriate payee type.

Payee Type	Description
Employee	Someone who works internally within your company.
Supplier	An external vendor or business providing goods or services.
Others	Any other payee that does not fit into the Employee or Supplier category.

Adding an Employee Payee

Step #4: Select Employee as the Payee Type. — Select **Employee** as the Payee Type.

The employee's tax ID is optional, but their full name is strictly required.

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Type the employee's name into the Name input field.

Step #6: Click the Country/Territory dropdown and select the payee's country (e.g., Nigeria). — Click the **Country/Territory** dropdown and select the payee's country (e.g., Nigeria).

Step #7: Click the Currency dropdown and select the appropriate currency (e.g., NGN). — Click the **Currency** dropdown and select the appropriate currency (e.g., NGN).

Step #8: Search for and select the correct institution from the Bank Name dropdown. — Search for and select the correct institution from the **Bank Name** dropdown.

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Enter the employee's exact account number in the Account Number field.

Step #10: Click Verify Bank Information to validate the provided banking data. — Click **Verify Bank Information** to validate the provided banking data.

Upon successful verification, the verified account holder's name will automatically display on the screen.

Step #11: Click Save Payee at the bottom right to complete the employee setup. — Click **Save Payee** at the bottom right to complete the employee setup.

Adding a Supplier Payee

The process for adding a supplier is highly similar, but requires slightly different basic information.

Step #12: From the Payee dashboard, click Add Payee. — From the Payee dashboard, click **Add Payee**.

Step #13: Select Supplier as the Payee Type. — Select **Supplier** as the Payee Type.

Fields like Company Type are optional, but the supplier's name, email address, and phone number are compulsory.

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Type the supplier's company name in the Name field.

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Enter the supplier's email address.

Step #16: Click the country flag icon in the phone number field and select the correct country code. — Click the country flag icon in the phone number field and select the correct country code.

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Type the supplier's phone number.

Step #18: Select the supplier's banking country from the Country/Territory dropdown. — Select the supplier's banking country from the **Country/Territory** dropdown.

Step #19: Select the appropriate Currency. — Select the appropriate **Currency**.

Step #20: Select the correct Bank Name from the dropdown options. — Select the correct **Bank Name** from the dropdown options.

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Type the supplier's account number into the Account Number field.

Step #22: Click Verify Bank Information to confirm the details match the supplier. — Click **Verify Bank Information** to confirm the details match the supplier.

Step #23: Click Save Payee to finish onboarding the supplier. — Click **Save Payee** to finish onboarding the supplier.

Using a Payee in a Payment Request

Once your payees are correctly saved, they are immediately available for disbursement requests.

Step #24: Click Home in the left-hand navigation sidebar to return to your dashboard. — Click **Home** in the left-hand navigation sidebar to return to your dashboard.

Step #25: Click Payment Request in the center area. — Click **Payment Request** in the center area.

Step #26: Click the Payee dropdown menu and select the newly added payee. — Click the Payee dropdown menu and select the newly added payee.

Q: Are tax IDs required when adding a new employee payee?

A: No, providing an employee's tax ID is optional, though their full name is strictly required.

Q: Is it necessary to add the payee's physical address?

A: No, filling out the address information is optional and you can save the payee without it.

Q: Do I need to verify the bank account information before saving?

A: Yes, it is highly recommended to click "Verify Bank Information" to ensure the account holder's name validates correctly before you save the payee.

Term	Definition
Payee	An individual or company that receives a payment or disbursement.
Disbursement	The act of paying out money from a company's funds to a payee.