Import bank transactions into Business Central

Bank feeds from over 2,000 banks in 31 European countries: transactions arrive in the payment reconciliation journals with Open Banking. No bank statement files to download.

30-day free trial. No payment method required.

  • 2,000+ banks
  • 31 countries
  • Read-only access under PSD2
  • Standard reconciliation journals

How it works

Three steps, all from the Business Central client.

  1. Link the bank account

    Choose the bank from the bank account card and authorise the access on the bank's page. Business Central continues as soon as the bank confirms.

    The Authenticate User page in Business Central, confirming that the bank authorised the access
  2. Import the transactions

    The automatic import runs on the job queue schedule you set and brings the new transactions into the payment reconciliation journal or the bank account reconciliation. Every import is saved as a statement with the data received from the bank.

    A Banking Central statement with its totals and the imported transaction lines
  3. Reconcile and post

    Transaction reason codes propose the account for each line. The standard automatic application matches the rest, and you post from the journal as usual.

    The Transaction Reason Code list with the default codes and their reconciliation account types

Transaction recognition

Each bank describes transactions in its own way. Transaction codes read the codes and texts sent by the bank and assign a reason code to every line.

  • Fixed G/L accounts for fees, interest and taxes, applied with high confidence
  • Matching limited to customer, vendor, employee or bank entries, depending on the type of transaction
  • Vendors recognised by the SEPA creditor identifier sent by the bank
  • Default reason codes for generic use, ISO 20022, CBI and ZKA

Bank connections under control

Every linked bank account shows its connection status, its expiry and the balance reported by the bank.

The Bank Account Link page showing a connected bank account with its bank balance, ledger balance and link expiration
  • Email notification before a connection expires, with the link to renew it
  • Bank balance compared with the ledger balance
  • Duplicate transactions discarded using the ID assigned by the bank
  • Statements reprocessed without downloading again
  • Activity log of the operations with the banks

Pricing

One licence per tenant, for all its companies. VAT excluded.

See the pricing details
Up to 3 bank accounts€40 per monthor €400 per year
Each additional bank account€10 per monthor €100 per year
Free trial30 daysAll the features, up to 3 bank accounts, no payment method required

Frequently asked questions

More answers in the documentation.

Does it work with my bank?

Check the list of supported banks for your country. Coverage can change over time; the list in the app is the authoritative source.

Can I make payments?

No. The access is read-only: Banking Central reads transactions and balances.

Do I need a developer?

No. The assisted setup creates the default configuration, and bank accounts are linked from the bank account card.

How often are transactions imported?

As often as you schedule the automatic import in the job queue. Banks limit the number of downloads per account per day, typically to four.

Do I need a licence for each company?

No. One licence covers all the companies of the tenant.

Is there a trial?

Yes. 30 days with all the features and up to 3 bank accounts, started from the assisted setup after installing the app from AppSource. No payment method is required.

Try Banking Central with your banks

Banking Central is developed and supported by Memento, a Microsoft partner based in Milan.