In this tab you can enter the bank accounts you want to link with Billit. With this conection, Billit has up-to-date information which can trigger automatic reminders but it is also used as a basis for the financial overview on the dashboard.
Here are the steps to activate the CODA link in Billit:
Step 1: Navigate to the Bank Tab
Step 2: Sign the CODA Document
Step 3: Review and Sign the Mandate
Step 4: Verify Your Account
Step 5: Wait for the Bank to Process the Mandate
By following these steps, you can successfully activate your CODA link and automate financial data processing in Billit.
Q: I want to link a savings account to Billit but I can't verify it because I can't wire from this account.
A: In this case, please contact support@billit.eu to have our back office complete the verification. In the meantime, you can provide us with a RIB (bank identity certificate), which you can obtain from your bank. This certificate must contain at least the following details:
- Account number and BIC/SWIFT code
- Surname, first name and address of the account holder
- Date on which the account was opened
- Date on which the certificate was printed
- An authentication code (to demonstrate authenticity of the certificate)
Q: I verified a bank account but the link isn't yet active. What do I do now?
A: As soon as your bank(s) share(s) digital bank statements with Billit via the verified link, these details will be visible in the Bank menu and the connection will become active. The checkmark in the company settings only turns green as soon as the first CODA file is received. Depending on the time your bank takes to process your request, it may be a while before this happens. If this takes longer than 7 days, we recommend you to contact your bank.
