Connect your bank account to Accountable

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It is indeed an important step towards more automation...and less time spent looking for lost receipts 😎

In this article, we take the time to explain you the ins & outs of connecting your professional bank account to Accountable.

Why should you connect your account?

Connecting your bank account to Accountable opens a new world of automation. Concretely, we use the connection to your bank account to:

1. Eliminate most manual work: with your account connected, you never have to type in a merchant name, nor correct an amount again. We also assign the relevant accounting categories better.

2. Make sure you never lose a paper receipt again: you make a payment, we notify you, you can attach the receipt;

3. Tell you when your invoices have been paid by your clients, without having you to open your banking app;

4. Compute how much cash is actually available on your account, based on your balance and upcoming tax deadlines.

Concretely, how can you connect it to Accountable?

There are several ways for you to start the bank connection procedure:

• From the blue "Bank Account" screen, select your bank under "Connect your bank account" or click on "search for more banks"

• From the settings, in "Bank settings", click on "add new".

From there, the exact procedure might differ from bank to bank. Indeed, the market for bank connectors is gradually maturing but no standard has yet emerged.
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How safe is it?

It is extremely safe, and this for several reasons:

1/ We only have a "read" access on your bank transactions, meaning that we cannot technically initiate transactions on your behalf.

2/ As a payment institution regulated under the National Bank of Belgium, we have the strictest data security processes in place to protect your data. We are regularly audited and have strict reporting obligations.

3/ Your trust is our biggest asset. We know we don't have the right to mess this up.

How many bank accounts can I link to one Accountable account?

This depends on your subscription.

Which banks are supported by Accountable at the moment?

We currently support most banks like ABN-AMRO, Aion, Argenta, Axa, Bank de Kremer, Belfius, Beobank, BNP Paribas Fortis, BPost bank, CBC, CPH, Crelan, Deutsche Bank, Europa bank, Fintro, GLS, Hello Bank, ING, KBC, KBC Brussels, Keytrade, N26, Nagelmackers, Paypal, Revolut, Sparkasse, Triodos, VDK, Van Breda, Wise. Other banks will be added as soon as they are ready to be connected in the app.

We are working extensively to increase the coverage of banks. Come back often to see if your bank was added.

And if I still have questions?

No worries, we are available on the chat here, or via email at hello@accountable.eu

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Author - Sophia Merzbach

Sophia has been a key member of the Accountable team for many years, bringing a unique blend of journalistic precision and in-depth tax expertise to her work.

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