diff --git a/src/CONST.ts b/src/CONST.ts
index 4d7049271e78..cb42f22b2d44 100755
--- a/src/CONST.ts
+++ b/src/CONST.ts
@@ -703,6 +703,7 @@ const CONST = {
         TOTAL_FILES_SIZE_LIMIT: 5242880,
         PURPOSE_OF_TRANSACTION_ID: 'Intercompany_Payment',
         CURRENT_USER_KEY: 'currentUser',
+        CORPAY_UNDEFINED_OPTION_VALUE: 'Undefined',
         STEP: {
             COUNTRY: 'CountryStep',
             BANK_INFO: 'BankInfoStep',
diff --git a/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/AverageReimbursement.tsx b/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/AverageReimbursement.tsx
index 22b1c33aa31e..ca147a474aaa 100644
--- a/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/AverageReimbursement.tsx
+++ b/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/AverageReimbursement.tsx
@@ -10,6 +10,7 @@ import useReimbursementAccountStepFormSubmit from '@hooks/useReimbursementAccoun
 import type {SubStepProps} from '@hooks/useSubStep/types';
 import useThemeStyles from '@hooks/useThemeStyles';
 import {getFieldRequiredErrors} from '@libs/ValidationUtils';
+import getListOptionsFromCorpayPicklist from '@pages/ReimbursementAccount/NonUSD/utils/getListOptionsFromCorpayPicklist';
 import ONYXKEYS from '@src/ONYXKEYS';
 import INPUT_IDS from '@src/types/form/ReimbursementAccountForm';
 
@@ -21,22 +22,13 @@ const STEP_FIELDS = [TRADE_VOLUME];
 function AverageReimbursement({onNext, isEditing}: AverageReimbursementProps) {
     const {translate} = useLocalize();
     const styles = useThemeStyles();
-    const [reimbursementAccount] = useOnyx(ONYXKEYS.REIMBURSEMENT_ACCOUNT);
-    const [corpayOnboardingFields] = useOnyx(ONYXKEYS.CORPAY_ONBOARDING_FIELDS);
+    const [reimbursementAccount] = useOnyx(ONYXKEYS.REIMBURSEMENT_ACCOUNT, {canBeMissing: false});
+    const [corpayOnboardingFields] = useOnyx(ONYXKEYS.CORPAY_ONBOARDING_FIELDS, {canBeMissing: false});
     const policyID = reimbursementAccount?.achData?.policyID;
-    const [policy] = useOnyx(`${ONYXKEYS.COLLECTION.POLICY}${policyID}`);
+    const [policy] = useOnyx(`${ONYXKEYS.COLLECTION.POLICY}${policyID}`, {canBeMissing: false});
     const currency = policy?.outputCurrency ?? '';
 
-    const tradeVolumeRangeListOptions = useMemo(() => {
-        if (!corpayOnboardingFields?.picklists.TradeVolumeRange) {
-            return {};
-        }
-
-        return corpayOnboardingFields.picklists.TradeVolumeRange.reduce((accumulator, currentValue) => {
-            accumulator[currentValue.name] = currentValue.stringValue;
-            return accumulator;
-        }, {} as Record<string, string>);
-    }, [corpayOnboardingFields]);
+    const tradeVolumeRangeListOptions = useMemo(() => getListOptionsFromCorpayPicklist(corpayOnboardingFields?.picklists.TradeVolumeRange), [corpayOnboardingFields]);
 
     const tradeVolumeDefaultValue = reimbursementAccount?.achData?.corpay?.[TRADE_VOLUME] ?? '';
 
diff --git a/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/BusinessType.tsx b/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/BusinessType.tsx
index 793748b37b15..c45d737713d3 100644
--- a/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/BusinessType.tsx
+++ b/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/BusinessType.tsx
@@ -10,6 +10,7 @@ import useReimbursementAccountStepFormSubmit from '@hooks/useReimbursementAccoun
 import type {SubStepProps} from '@hooks/useSubStep/types';
 import useThemeStyles from '@hooks/useThemeStyles';
 import {getFieldRequiredErrors} from '@libs/ValidationUtils';
+import getListOptionsFromCorpayPicklist from '@pages/ReimbursementAccount/NonUSD/utils/getListOptionsFromCorpayPicklist';
 import ONYXKEYS from '@src/ONYXKEYS';
 import INPUT_IDS from '@src/types/form/ReimbursementAccountForm';
 
@@ -22,30 +23,11 @@ function BusinessType({onNext, isEditing}: BusinessTypeProps) {
     const {translate} = useLocalize();
     const styles = useThemeStyles();
 
-    const [reimbursementAccount] = useOnyx(ONYXKEYS.REIMBURSEMENT_ACCOUNT);
-    const [corpayOnboardingFields] = useOnyx(ONYXKEYS.CORPAY_ONBOARDING_FIELDS);
+    const [reimbursementAccount] = useOnyx(ONYXKEYS.REIMBURSEMENT_ACCOUNT, {canBeMissing: false});
+    const [corpayOnboardingFields] = useOnyx(ONYXKEYS.CORPAY_ONBOARDING_FIELDS, {canBeMissing: false});
 
-    const incorporationTypeListOptions = useMemo(() => {
-        if (!corpayOnboardingFields?.picklists.ApplicantType) {
-            return {};
-        }
-
-        return corpayOnboardingFields.picklists.ApplicantType.reduce((accumulator, currentValue) => {
-            accumulator[currentValue.name] = currentValue.stringValue;
-            return accumulator;
-        }, {} as Record<string, string>);
-    }, [corpayOnboardingFields]);
-
-    const natureOfBusinessListOptions = useMemo(() => {
-        if (!corpayOnboardingFields?.picklists.NatureOfBusiness) {
-            return {};
-        }
-
-        return corpayOnboardingFields.picklists.NatureOfBusiness.reduce((accumulator, currentValue) => {
-            accumulator[currentValue.name] = currentValue.stringValue;
-            return accumulator;
-        }, {} as Record<string, string>);
-    }, [corpayOnboardingFields]);
+    const incorporationTypeListOptions = useMemo(() => getListOptionsFromCorpayPicklist(corpayOnboardingFields?.picklists.ApplicantType), [corpayOnboardingFields]);
+    const natureOfBusinessListOptions = useMemo(() => getListOptionsFromCorpayPicklist(corpayOnboardingFields?.picklists.NatureOfBusiness), [corpayOnboardingFields]);
 
     const incorporationTypeDefaultValue = reimbursementAccount?.achData?.corpay?.[APPLICANT_TYPE_ID] ?? '';
     const businessCategoryDefaultValue = reimbursementAccount?.achData?.corpay?.[BUSINESS_CATEGORY] ?? '';
diff --git a/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/PaymentVolume.tsx b/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/PaymentVolume.tsx
index 5a1758452c10..2c5ea65a143d 100644
--- a/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/PaymentVolume.tsx
+++ b/src/pages/ReimbursementAccount/NonUSD/BusinessInfo/subSteps/PaymentVolume.tsx
@@ -10,6 +10,7 @@ import useReimbursementAccountStepFormSubmit from '@hooks/useReimbursementAccoun
 import type {SubStepProps} from '@hooks/useSubStep/types';
 import useThemeStyles from '@hooks/useThemeStyles';
 import {getFieldRequiredErrors} from '@libs/ValidationUtils';
+import getListOptionsFromCorpayPicklist from '@pages/ReimbursementAccount/NonUSD/utils/getListOptionsFromCorpayPicklist';
 import ONYXKEYS from '@src/ONYXKEYS';
 import INPUT_IDS from '@src/types/form/ReimbursementAccountForm';
 
@@ -21,22 +22,13 @@ const STEP_FIELDS = [ANNUAL_VOLUME];
 function PaymentVolume({onNext, isEditing}: PaymentVolumeProps) {
     const {translate} = useLocalize();
     const styles = useThemeStyles();
-    const [reimbursementAccount] = useOnyx(ONYXKEYS.REIMBURSEMENT_ACCOUNT);
-    const [corpayOnboardingFields] = useOnyx(ONYXKEYS.CORPAY_ONBOARDING_FIELDS);
+    const [reimbursementAccount] = useOnyx(ONYXKEYS.REIMBURSEMENT_ACCOUNT, {canBeMissing: false});
+    const [corpayOnboardingFields] = useOnyx(ONYXKEYS.CORPAY_ONBOARDING_FIELDS, {canBeMissing: false});
     const policyID = reimbursementAccount?.achData?.policyID;
-    const [policy] = useOnyx(`${ONYXKEYS.COLLECTION.POLICY}${policyID}`);
+    const [policy] = useOnyx(`${ONYXKEYS.COLLECTION.POLICY}${policyID}`, {canBeMissing: false});
     const currency = policy?.outputCurrency ?? '';
 
-    const annualVolumeRangeListOptions = useMemo(() => {
-        if (!corpayOnboardingFields?.picklists.AnnualVolumeRange) {
-            return {};
-        }
-
-        return corpayOnboardingFields.picklists.AnnualVolumeRange.reduce((accumulator, currentValue) => {
-            accumulator[currentValue.name] = currentValue.stringValue;
-            return accumulator;
-        }, {} as Record<string, string>);
-    }, [corpayOnboardingFields]);
+    const annualVolumeRangeListOptions = useMemo(() => getListOptionsFromCorpayPicklist(corpayOnboardingFields?.picklists.AnnualVolumeRange), [corpayOnboardingFields]);
 
     const annualVolumeDefaultValue = reimbursementAccount?.achData?.corpay?.[ANNUAL_VOLUME] ?? '';
 
diff --git a/src/pages/ReimbursementAccount/NonUSD/utils/getListOptionsFromCorpayPicklist.ts b/src/pages/ReimbursementAccount/NonUSD/utils/getListOptionsFromCorpayPicklist.ts
new file mode 100644
index 000000000000..f1afecd9a0c2
--- /dev/null
+++ b/src/pages/ReimbursementAccount/NonUSD/utils/getListOptionsFromCorpayPicklist.ts
@@ -0,0 +1,19 @@
+import CONST from '@src/CONST';
+import type {Picklist} from '@src/types/onyx/CorpayOnboardingFields';
+
+function getListOptionsFromCorpayPicklist(corpayPicklist: Picklist | undefined): Record<string, string> {
+    if (!corpayPicklist) {
+        return {};
+    }
+
+    return corpayPicklist.reduce((accumulator, currentValue) => {
+        if (currentValue.stringValue === CONST.NON_USD_BANK_ACCOUNT.CORPAY_UNDEFINED_OPTION_VALUE) {
+            return accumulator;
+        }
+
+        accumulator[currentValue.name] = currentValue.stringValue;
+        return accumulator;
+    }, {} as Record<string, string>);
+}
+
+export default getListOptionsFromCorpayPicklist;
diff --git a/src/types/onyx/CorpayOnboardingFields.ts b/src/types/onyx/CorpayOnboardingFields.ts
index b1c1bde666e8..fabe6eccb4b7 100644
--- a/src/types/onyx/CorpayOnboardingFields.ts
+++ b/src/types/onyx/CorpayOnboardingFields.ts
@@ -32,4 +32,4 @@ type CorpayOnboardingFields = {
     picklists: Record<ValueOf<typeof CONST.NON_USD_BANK_ACCOUNT.BUSINESS_INFO_STEP.PICKLIST>, Picklist>;
 };
 
-export default CorpayOnboardingFields;
+export type {CorpayOnboardingFields, Picklist};
diff --git a/src/types/onyx/index.ts b/src/types/onyx/index.ts
index 8e859de2ae01..7588584b8322 100644
--- a/src/types/onyx/index.ts
+++ b/src/types/onyx/index.ts
@@ -18,7 +18,7 @@ import type {AddNewCompanyCardFeed, CompanyCardFeed, FundID} from './CardFeeds';
 import type CardOnWaitlist from './CardOnWaitlist';
 import type {CapturedLogs, Log} from './Console';
 import type {CorpayFields, CorpayFormField} from './CorpayFields';
-import type CorpayOnboardingFields from './CorpayOnboardingFields';
+import type {CorpayOnboardingFields} from './CorpayOnboardingFields';
 import type Credentials from './Credentials';
 import type Currency from './Currency';
 import type {CurrencyList} from './Currency';