In order to use bank transactions, i.e., open a bank articulation in the service, you must submit a bank connection authorization.
Why do we ask you to send an authorization to your bank?
Bank statements handling and payment functions require opening a bank articulation for your company account. (Note! Some banks refuse to add a private bank account in Solo).
The implementation of payment transaction automation requires the bank account owner to authorize the Procountor service, which acts as the Solo backend system, to perform the data transfer functions required by payment transactions. The bank then issues the required IDs and adds the services to the Procountor banking credentials.
We recommend submitting the authorization with your accountant or having your accountant submit it for you.
Submitting the authorization:
- Download and fill out your bank’s authorization form and submit it to your bank as soon as possible after you make the Solo order.
- Your bank will take care of the rest. After your bank has processed your authorization, the bank transactions will appear in Solo.
General advice on filling out the bank connection authorization form
Each bank uses its own bank connection authorization form. You can download the bank connection authorization form here.
Print the form to paper and fill out the necessary information. Deliver the signed authorization form to your bank’s office or the e-mail address specified in the authorization. You can withdraw the authorization by contacting your bank.
When the bank connection authorization is submitted, the bank will make a separate contract with the customer. Additional information about this is available from the bank.
Information to be filled out:
Enter the company’s/corporation’s name, code and banking details here. The account number is given in the IBAN/BIC format.
The payment transactions services to open
Select the services you wish to use through Procountor. The invoice payment service enables sending payments and receiving their feedback data. Incoming reference payments enable receiving reference payments.
The periodicity of the bank statement service
Specify how often you want to receive the bank statement data from the bank in the periodicity section. We recommend retrieving the data at least once per week, which is a good and economical choice. Retrieving the bank statements daily ensures they are always up to date, but banks charge extra for this service.
If you cannot find a suitable option on the form, please contact your bank.
Banks charge the payment transactions and bank statement service fees directly from the customers, in accordance with their own price lists. The price of the bank statement service depends on how often the bank statement data is updated in the service.
E-invoice agreements to be opened
Do not check any of the boxes in this section, as Solo will serve as your e-invoice service, which means that we will give you an electronic invoice address and you can send your sales invoices directly from our service.
Implementation date of the service
Enter here the start date of the selected data transfers operations through Procountor. This is also the date when they will be visible in Solo.
Enter here the contact information for the bank to send the customer identifier, i.e., the authorizations you have granted. The default is Accountor Finago Oy, but please add the contact information for your accounting office here, as well.