Solution Properties
Solution ID:
201127115651823
Last Modified Date:
Mon Jun 22 13:01:40 UTC 2026
Taxonomy Path:
Case category//How do I...//setting up
Author:
[email protected]
The Bank record bank details tab
Description

You can store all your bank account information on the Bank Details tab. 

TIP:

You can include these bank details on your invoices or orders, making it easier for your customers to pay you.

Cause
Resolution

Bank Address

Bank Name Enter the name of your bank. Up to 60 characters.
Address  Enter your bank's address. Up to 60 characters per line.
Contact Enter the name of the person you contact if you have a query about your bank account.
Telephone Enter the number you use to contact your bank.
Fax Enter a fax or telex number. Up to 30 characters.
Email

Enter the email address you use to contact the bank.

If you use Microsoft Outlook, you can send an email to this address using the icon to the right of the field.
Website

Enter the bank's website.

You can access this website using the icon to the right of the field.

Account Details

Account Name The name of the account, as on your cheque book. For example, your business trading name.
Account Number The bank account number. You can enter up to 60 characters.
Sort Code The bank sort code.  
Expiry If this account is for your company credit card, enter the expiry date of the card.
BACS/SEPA Ref If you use Bank Automated Clearing System(BACS) to make payments with e-banking, enter your reference number. The reference is to identify the payer.
IBAN

The International Bank Account Number (IBAN). It uniquely identifies a specific bank account in cross-border transactions. This helps banks process international and SEPA transfers safely, reducing the risk of routing or transcription errors.  

The software validates the number when you enter it in the record.

Enter 34, alphanumeric characters broken down to:

  • Two letters for country code
  • Two check digits
  • Up to 30 alphanumeric characters for the bank number

You can check if the format of the IBAN is correct at TBG 5 finance.org.

If this is your default company bank account, this information appears under your company name and address on any invoices and orders you print.

Use an IBAN when you make or receive payments across country borders in the European Union (EU), European Economic Areas(EEA) and Switzerland.

An IBAN is always with a Bank Identifier Code (BIC).
BIC/SWIFT

Enter the BIC number or SwiftCode for this bank account. The BIC, or SwiftCode is a way of identifying financial organisations.

The software validates the number when you enter it in the record.

It can be between 8 and 11 alphanumeric characters broken down to:

  • Four letters for bank or institution code
  • Two letters for country code
  • If the second character is 0, it's usually a test BIC rather than a BIC on the live network
  • If the second character is 1, it denotes a passive participant in the SWIFT network
  • If the second character is 2, it's usually a reverse billing BIC. This is when the recipient pays for the message rather than the more usual mode where the sender pays for the message
  • Three alphanumeric characters for the branch code, which is optional and you can enter the value 'XXX'

If this is your default company bank account, this information appears under your company name and address on any invoices and orders you print.
Roll Number Enter the roll number for this account. This is an additional reference used by some building societies.
Additional Ref  Enter any additional information for your bank account. Enter any text, up to three lines of 60 characters.

Electronic Banking

This is only available if you have enabled e-banking in Settings.

Bank Type Choose the required bank software.
Configure button Use this option to change the names and locations of the e-banking files.
[BCB:99:Limitless - 50 Accounts - Bank:ECB]

 

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