---
title: What is a Transfer Approval Policy?
description: Transfer Approval Policy helps your business have better control over spending on the Aspire platform. It works as a gatekeeper to the outgoing finances of your business.
---

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3. [Approval Policy](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#approval-policy)

# What is a Transfer Approval Policy?

## Transfer Approval Policy helps your business have better control over spending on the Aspire platform. It works as a gatekeeper to the outgoing finances of your business.

Companies can create their payment approval matrix on Aspire in three easy steps. Once the approval matrix is set up, payments are automatically routed to the right approvers before transferring to the beneficiary.

Click **[here](https://support.aspireapp.com/faq/how-can-i-create-an-approval-policy?hsLang=en)** to see the **guide on how to create a Transfer Approval Policy.**

**Questions?** Please log in to the app and reach out in the chat at the bottom right corner of the screen.

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