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.
- Is 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
Load 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 Appointment with the Bank. The Connection is created 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
- Is part of AutoBanking, which is a Uniconta Add-in
- Bank transactions are Downloaded Automatically 2-4 times a day
Load 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
Joint 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.
- Danish Bank and Nordea are not included in this solution
- Is part of AutoBanking, which is a Uniconta Add-in
- Ability to receive today's bank transactions
- An agreement must be made with the bank
Load more about Bank Connect and Setup in Uniconta here.
Book an appointment with Nordea
For Uniconta to be able to access and download account statements, an appointment must be made with Nordea.
One of the following two appointments 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 that must be completed with Nordea.
- Click “Order Corporate Access Lite”
- Complete the form and click send. Remember to fill in ERP/Financial system with Uniconta, as shown above.
- The agreement is sent digitally and must be signed with NemId
To be able to create a connection between Uniconta and Nordea, a Nordea Service ID (10 digits) is required.
Note: Service ID is stated in the activation email that Nordea sends in connection with the activation. The email is sent when the agreement is signed.
Corporate Access Standard
Here it is possible to register bank accounts from the other Nordic countries and there is no maximum number of three bank accounts.
To order a Corporate Access appointment, you must contact your cash management or bank adviser at Nordea.
To be able to create a connection 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 Service ID under account groups.
See attached image from Corporate Netbank Administration.
Existing Corporate Access appointment
If you already have a corporate access appointment with Nordea, you must log in to your online banking and specify that you want to transfer data to Uniconta by selecting "Uniconta (Electronic account statements)"
Creating a connection
Nordea is part of AutoBanking, which is a Uniconta Add-in. Autobanking is activated automatically when you start using the solution.
When the Nordea appointment is signed and activated, a connection to Uniconta can be created.
To be able to create a connection between Uniconta and Nordea, a Nordea Service ID (10 digits) is required, as described in the previous section.
If you have problems finding the Nordea Service ID, please contact Nordea or write to our support, they will also be able to help obtain the 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 company can be connected per Nordea appointment. However, multiple companies can be linked to the same appointment.
Nordea registration is under Functions in the menu and is called ‘Connect to Nordea’:
In the dialog box, the following must be completed:
Function
Select Register here
Service-Id
Enter the Nordea Service ID here
You will then receive the above info box if the connection is created correctly.
Otherwise, you will receive a notification that a connection cannot be established. This may be due to an incorrect Service-Id, that the appointment has not been created with Nordea, or that for some reason a connection could not be established at this moment.
Link company to existing Nordea
Multiple Uniconta companies can be connected to the same Nordea appointment.
It is relevant to use this function if the bank accounts linked to the Nordea appointment are created in different Uniconta companies.
Above is an example of a company being linked to the company 'Alt til havet'.
'Alt til havet' has had the connection to Nordea created and is thus the master company.
Note: You must be in the company that is to be linked to the master company.
It is the master company that will technically receive all bank statements. The individual statements will then be allocated to the linked companies.
Unregister the Nordea connection
A Nordea connection can be unregistered. This means that account statements are no longer downloaded.
Note: The appointment with Nordea is not unregistered. Only the connection between Uniconta and Nordea is unregistered. It is important that you contact Nordea if the Corporate Access appointment is to be deleted or Nordea should no longer send account statements to Uniconta.
Note: If AutoBanking is disabled under ‘configure application functionality’, account statements will no longer be downloaded. There will still be an active connection to Nordea and the bank will continue to generate account statements. If AutoBanking is activated again, you should be aware that all the account statements the bank has generated in the intervening period will be loaded into Uniconta.
Move the Nordea appointment to a new Uniconta company
There may be situations where you want to move your Nordea appointment to a new Uniconta company. This can be done by following the instruction note below:
- First unregister the Nordea connection for the company that should no longer be registered
- Then register the new Uniconta company with Nordea
Receiving account statements
When the connection is created, Uniconta will download account statements daily for the accounts linked to the Nordea appointment.
Uniconta queries the bank every hour in the following time interval from 6.00 to 21.00 on all bank days.
By default, the account statement will be loaded into the Bank reconciliation.
There is also the option to load the account statement directly into a journal. The setup is done on the individual bank account. A journal must be specified when ‘load bank statement into journal’ 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 only be a total.
The account statement is typically received in the morning before 7.00.
No account statements are generated on weekends and public holidays, as no clearing is run in the bank on these days, so even if transfers occur over the weekend, they will only be posted/cleared on the next bank day.
Registration of bank accounts in Uniconta
In the bank reconciliation, you must create all the bank accounts you have registered with Nordea.
Here it is important to complete the following fields:
- SWIFT and IBAN must be specified to be able to load the account statement
- Identification of agreement is completed with Signer Id (stated in the Nordea appointment). The value is used in connection with creditor payment files. Must be 10-18 digits.
- Customer id is completed with the CCM agreement number. The value is used in connection with creditor payment files. Must be 10-18 digits.
- Service-Id - it is recommended to complete Service-Id, then it will automatically be inserted in the dialog box when communicating with the bank.
Bank log
In the bank log, all communication with Nordea is registered and any errors can also be seen here.
The log is opened via the above menu item. The bank log is described in detail here.
Bank reconciliation
It is recommended to download the ‘Info’ field, as it contains additional information regarding the transaction. If foreign currency is deposited into the bank account, it is also recommended to download the Currency and Amount currency fields.
Note: To optimise the automatic bank reconciliation in Uniconta.
For creditor payments, the bank reconciliation searches for the texts Ref:, Inv: or Acc:
It is recommended to change the text in ‘our message’ to Ref:%5. A unique ReferenceId is inserted – a so-called EndToEndID. It is a referenceId that is included in the payment file and it is returned in the account statement. In this way, a 1:1 relationship is created between the bank transaction in the account statement and the transaction in Uniconta.
If you find that the bank reconciliation is not optimal or that the transaction text is not sufficient, please contact our support and we will look into it, as we want to achieve the most optimal connection between Nordea and Uniconta bank reconciliation.
Read more about setup of bank messages here