Nordea

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Uniconta banking solutions

Nordea is one of the three banking solutions Uniconta offers. Below is a brief description of the three solutions. You can read more about the individual solutions via the link under each item. Nordea Is a direct integration to Nordea. As a Nordea business customer, you will be able to make an agreement with them so that Uniconta retrieves yesterday's bank transactions every morning, which are loaded directly into the bank reconciliation.
  • Part of AutoBanking, which is a Uniconta Add-in
  • Danish, Swedish, Norwegian and Finnish accounts available with Nordea
  • Yesterday's bank transactions only
  • An agreement must be made with the bank
Read more about Nordea and the setup in Uniconta in this article. Mastercard Open Banking (formerly Aiia) Mastercard Open Banking creates a connection between the bank and Uniconta. It does not require an agreement with the bank. The connection is established via mobile banking login and Mitid/NemId
  • The solution covers most Danish banks and many foreign banks. Find a list of all Aiia supported banks via this link
  • Part of AutoBanking, which is a Uniconta Add-in
  • Bank records are automatically retrieved 2-4 times a day
Read more about Mastercard Open Banking Aiia and the setup in Uniconta here. Bank Connect Bank Connect is a collaboration between the Regional Bankers Association, Local Banks and the three data centers:
  • TCS
  • OCI
  • Bank data
Common solution for the majority of Danish banks. Thanks to the collaboration between the three data centers, the joint solution Bank Connect will apply to more than 60 banks. Among them are 14 of the 16 largest banks in Denmark - including Jyske Bank, Nykredit Bank, Sydbank, Handelsbanken, Spar Nord Bank and Arbejdernes Landsbank. Uniconta will retrieve bank statements daily or several times a day for the accounts that are registered. The bank transactions are loaded directly into the bank reconciliation.
  • Danske Bank and Nordea are not included in this solution
  • Part of AutoBanking, which is a Uniconta Add-in
  • Ability to receive today's bank transactions
  • An agreement must be made with the bank
Read more about Bank Connect and the setup in Uniconta here.  

Book an appointment with Nordea

In order for Uniconta to have access to retrieve bank statements, an agreement must be made with Nordea. One of the following two agreements must be set up with Nordea.
  • Corporate Access Lite
  • Corporate Access Standard
Corporate Access Lite Note: A maximum of three bank accounts can be registered. You can read more about and order Corporate Access Lite here Above is the form to fill out at Nordea.
  • Click on "Order Corporate Access Lite"
  • Fill in the form and click submit. Remember to fill in the ERP/financial system with Uniconta, as shown above.
  • The agreement is sent digitally and must be signed with NemId
In order to connect between Uniconta and Nordea, a Nordea Service ID (10 digits) is required. Note: The Service ID is stated in the activation email sent by Nordea in connection with the activation. The email is sent when the agreement is signed. Corporate Access Standard Here you can register bank accounts from the other Nordic countries and there is no maximum number of three bank accounts. To order a Corporate Access agreement - write an email to integration@nordea.dk or contact your bank advisor. In order to connect between Uniconta and Nordea, a Nordea Service ID (10 digits) is required. Service ID can be found in Corporate Netbank Administration. Under 'Services' select Corporate Access Account Reporting and then you can see the Service ID under account groups. See the attached image from Corporate Netbank Administration. Existing Corporate Access agreement If you already have a corporate access agreement with Nordea, log in to your online banking and indicate that you want to transfer data to Uniconta by selecting "Uniconta (Electronic bank statements)"

Establishing a connection

Nordea is part of AutoBanking, which is a Uniconta Add-in. Autobanking is automatically activated when you start using the solution. Once the Nordea agreement is signed and activated, you can connect to Uniconta. In order to connect between Uniconta and Nordea, a Nordea Service ID (10 digits) is required, as described in the previous section. If you have problems finding Nordea Service ID, please contact Nordea or write to our support, they will also be able to help you obtain Service ID from Nordea. The connection is then created under Bank reconciliation. At least one bank account must be created in the bank reconciliation. Read more here. Only one Uniconta account can be linked per Nordea agreement. However, multiple accounts can be linked to the same agreement. Signing up for Nordea is located under Tools in the menu and is called 'Connect to Nordea':   In the dialog box, the following must be filled in: Function Select Register here Service ID Enter Nordea Service ID here You will then receive the above info box if the connection has been established correctly. Otherwise, you will receive a message that a connection cannot be established. This may be due to an incorrect Service ID, that the agreement has not been created at Nordea or that for some reason the connection could not be established at this moment.  

Connect accounts to existing Nordea

Multiple Uniconta accounts can be connected to the same Nordea agreement. It is relevant to use this feature if the bank accounts associated with the Nordea agreement are created in different Uniconta accounts. The above is an example of an account linked to the account 'Alt til havet'. 'Alt til havet' has been connected to Nordea and is thus the main account. Note: You must be in the account to be linked to the main account. It is the main account that will technically receive all bank statements. The individual bank statements will then be distributed to the associated accounts.

Cancel the Nordea connection

A Nordea connection can be canceled. This means that bank statements will no longer be retrieved. Note: The agreement with Nordea is not canceled. Only the connection between Uniconta and Nordea will be canceled. It is important that you contact Nordea if the Corporate Access agreement is to be deleted or if Nordea no longer needs to send bank statements to Uniconta.   Note: If you deactivate AutoBanking under 'Turn functions on/off', account statements will no longer be retrieved. There will still be an active connection to Nordea and the bank will continue to generate bank statements. If AutoBanking is reactivated, you should be aware that all the bank statements created by the bank in the intervening period will be loaded into Uniconta.

Move the Nordea agreement to new Uniconta accounts

There may be situations where you want to move your Nordea agreement to a new Uniconta account. This can be done by following the instructions below:
  • First disconnect the Nordea connection for the accounts that should no longer be enrolled
  • Then register the new Uniconta accounts to Nordea

Receiving bank statements

Once the connection is established, Uniconta will retrieve daily bank statements for the accounts linked to the Nordea agreement. Uniconta queries the bank every hour in the following time interval between 6:00 and 21:00 on all banking days. By default, the bank statement will be loaded into the bank reconciliation. It is also possible to load the bank statement directly into an Accounting journal. The setup is done on the individual bank account. A Draft must be specified when 'Load bank statement in accounting draft' is activated. Nordea offers the following format: CAMT.053 extended Contains yesterday's transactions. The file also contains a detailed specification of all incoming payments i.e. (FIK payments, domestic and foreign bank transfers etc), by default the detailed specification will be loaded. If you do not want this, please contact our support and we will change it to just a total. The bank statement is typically received in the morning before 7:00 am. Bank statements are not generated on weekends and public holidays as the bank does not run clearing on these days, so even if a transfer is made on the weekend, it will not be posted/cleared until the next business day.

Registering bank accounts in Uniconta

In the bank reconciliation, you need to create all the bank accounts you have registered with Nordea. Here it is important to fill in the following fields:
  • SWIFT and IBAN must be entered to load the bank statement
  • Identification of the agreement is filled in with Signer Id (found in the Nordea agreement). The value is used in connection with creditor payment files. Must be 10-18 digits.
  • Customer ID is filled in with the CCM agreement number. The value is used in creditor payment files. Must be 10-18 digits.
  • Service ID - it is recommended that the Service ID is filled in, it will automatically be inserted in the dialog when communicating with the bank.
 

Bank log

In the bank log, all communication with Nordea is registered and any errors will also be visible here. The log is opened via the menu item above. The bank log is described in detail here.  

Bank reconciliation

It is recommended to select the 'Info' field, as it contains additional information about the transaction. If foreign currency is deposited in the bank account, you can also download the Currency and Currency amount fields. Note: To optimize the automatic bank reconciliation in Uniconta. For vendor payments, the bank reconciliation searches for the texts Ref:, Fak: or Kto: It is recommended to change the text in 'Our message' to Ref:%5. A unique ReferenceId is inserted - a so-called EndToEndID. This is a ReferenceId that is included in the payment file and will be included in the bank statement. In this way, you have created a 1:1 relationship between the bank entry in the bank statement and the transaction in Uniconta. If you find that the bank reconciliation is not optimal or that the posting text is not complete, please contact our support and we will look into it, as we want to get the most optimal connection between Nordea and Uniconta bank reconciliation. Read more about setting up bank messages here