Connecting a Bank of Scotland Business account for Online for Business users
You must connect a Bank of Scotland (Business or Commercial) account before you can connect accounts from other providers.
Please have your card and reader ready. You’ll need them to complete this process.
- Login to Business Finance Assistant
- Click ‘Connect Bank Account’ in the ‘Recent Transactions’ widget, or click ‘Bank Transactions’ in the left-hand menu, then select ‘Connect Bank Account’
Fig (ii – 1) Connecting additional accounts or creating a statement account
Fig (ii - 2) Connecting accounts from other providers
For the full list of providers supported by our software please refer to https://token.io/coverage and filter 'United Kingdom' from the list of countries.
Please do let us know if a provider you require is not currently supported.
- Enter your Online for Business User ID and select ‘Continue’
Fig (iii) Online for Business credentials
- Enter your Online for Business password and select ‘Continue’
- Follow the on-screen instructions using your card and reader. Then enter the 8 digit code displayed on your card reader, before clicking ‘Continue’
- Select the account(s) you wish to connect and select ‘Continue’
Fig (iv) Accounts selected for sharing
- Business Finance Assistant will now import your transaction data for the previous 12 months. You can extend or define the transaction period later if you want. Click ‘Next’.
- The selected account(s) will be added to Business Finance Assistant. This may take a few moments if you are importing multiple accounts or a large number of transactions. Please wait until the sync has completed. Do not click ‘Back’ in the browser or refresh the page
- Once complete, the ‘Bank Transactions’ page will load and your connected accounts and transactions will be listed.
Connecting a Bank of Scotland Business Account from the Payment Methods Page:
From Company Settings, you can set up your payment methods and connect a new bank account. Your bank information and payment method will appear on your customer invoice templates.
- Select Company Settings from Your Profile.
- Go to the Finance Settings section.
- Select Payment Methods and choose the bank account you wish to use.
- Press Connect a bank account and follow the onscreen steps.
- Enter Other Payment Methods if relevant.
Note: Invoices paid in cash can be added to the Payment Methods section in Company Settings.
Please note that it is the user's responsibility to ensure that all invoices and credit notes issued to customers are compliant with HMRC’s rules on the issuance of invoices and credit notes. For more information and to familiarise yourself with the latest advice, please refer to the government’s website.
Watch our Video Guide: Connect a bank account to Business Finance Assistant