You might find you need to record multiple bank accounts for the same counterparty. A reason for why could be that your counterparty needs to receive or send funds for different uses and keep them separated.
Once you’ve signed up a counterparty, you can view existing details and past payment orders, as well as add additional bank accounts.
To add additional bank accounts to a counterparty
- Navigate to the counterparty page and click on the "Bank Accounts" tab
- From the 'Actions' dropdown menu, click "Add or Edit Bank Accounts"
- From there, you will see all of the existing external accounts for that counterparty which you can edit
- To create a new account, from the "Add Bank Account" dropdown menu, select the type of account you wish to create
- Begin filling out the form for the additional account
- Click "Save" to finish creating the account
- please note: In order to ensure you are using the right account, you will want to ensure you record the external account IDs to be used for each specific purpose