Seamless Banking Integration
with Bank Stream

Bank Stream is an innovative bank integration tool designed to automatically download your bank transactions directly into our system. This powerful tool allows you to allocate your transactions effortlessly, providing a comprehensive view of your financial activities. With Bank Stream, you can:

This integration ensures that your financial data is always up-to-date, enabling you to make informed decisions quickly.

Bank Stream currently supports integration with 4 major banks in South Africa: Standard Bank, ABSA, First National Bank and Nedbank. The bank login details get encrypted and are not stored in the system. The data is secure and only accessible through the system after you have logged in.

If your bank is not one of the four major banks supported by Bank Stream, you still have a reliable alternative. You can manually import your bank transactions using a CSV file. This flexibility ensures that all users can benefit from Bank Stream's robust features, regardless of their banking institution.

In addition to importing transactions into the system, you can also match them to invoices. This functionality ensures that all payments are accurately recorded against the corresponding invoices and constantly updates the status of the invoice with the balance until it is fully paid. You can match one transaction to multiple invoices as long as the invoice amount left to be paid is less than the payment amount. The system will split the payments automatically.

Not all transactions have associated documents, but they still need to be recorded. Bank Stream allows you to allocate these transactions directly to General Ledger (GL) Accounts. This ensures that every financial activity is accounted for, maintaining the integrity and accuracy of your financial records.

What's more, Bank Stream offers a smart feature that allows you to set up patterns for recurring transactions. Once you assign a transaction with a specific pattern, the system will recognize and automatically allocate similar transactions in the future. This automation saves you time and reduces the potential for human error, making your financial management more efficient.

From secure integration with major banks to efficient transaction management and pattern recognition, Bank Stream is your reliable partner in financial management. Embrace the future of banking with Bank Stream and experience a new level of financial efficiency and security.