Enabling bank account verification

  • 11/11/2025
  • 5 Minuten Lesedauer

You can enable bank account verification in the Security module to strengthen payment security in Continia Banking. Bank account verification lets you monitor and verify changes to key bank details, such as bank account number, IBAN, or SWIFT code, to detect suspicious activity and reduce the risk of fraud.

When the Security module is activated, the Use Bank Account Verification field becomes available in the Continia Banking Setup. If this option is enabled, users can’t approve payments to unverified bank accounts.

Requirements

The minimum requirements for setting up bank account verification are:

  • The Payment Approval Workflow module is activated.
  • The user has one of these permission sets:
    • CTS CB Export Admin - Banking Export - Admin
    • CTS CB Export Edit - Banking Export - Edit

To enable bank account verification

To enable bank account verification using the assisted setup:

  1. Search (Search) for and select Assisted Setup.
  2. In the Continia Banking section, click Set up Security.
  3. Follow the steps in the guided setup to enable bank account verification.

Alternatively, you can enable the feature directly in the setup:

  1. Search (Search) for and select Banking Export Setup.

  2. On the Approval FastTab, navigate to Use Bank Account Verification and enable it.

    Tipp

    You can now choose to trust all banks that have been used in previous payments. Selecting Yes assigns these accounts a Verified status automatically.

f any of the following fields are changed for a verified account, the Verified status is removed and the account must be reverified:

  • Bank Branch No.
  • Bank Account No.
  • IBAN
  • Swift Code
  • Transit No.
  • Bank Clearing Code

To verify a new bank account

After enabling bank account verification, you can verify new or changed bank accounts.

To verify a new bank account:

  1. Open the Vendor Bank Account Card, Customer Bank Account Card, or Employee Card.
  2. On the action bar, click Verify Bank Account.
  3. On the Bank Account Verification page you can review the key bank account fields.
  4. In the Verification Method field, choose one of the following options:
    • Email
    • Phone
    • Other
  5. (Optional) Add information in the Comments field.
  6. Select Ok to confirm and mark the bank account as Verified.

To view the verification status of bank accounts

Once you enable the bank account verification, you can view the verification status on pages such as Payment Journals and Payment Approval Entries. The following fields are available:

  • New Bank Account - indicates whether any prior payments were made to this account using the current details.
  • Bank Account Verification Status - shows the current verification status of this bank account.

These fields help you assess the security of the accounts you’re working with. For example, if New Bank Account is unchecked, payments have previously been made to this account and it’s trusted.

If New Bank Account is checked and the verification status is Pending Verification, it may indicate that the account details have changed and verification is required.

To view verification status history

You can track all past verifications and changes to bank account details.

To view the verification status history:

  1. Open the relevant Vendor Bank Account Card, Customer Bank Account Card, or Employee Card
  2. On the action bar, click Verification History.
  3. On the Bank Account Verification Entry page, review all verification records. The page shows each field change in the Field and Value columns, along with information about the user who validated the change.