1. Accounting
  2. Banking
  3. Bank Feeds SuiteApp
  4. Setting Up Bank Feeds Integration
  5. Connecting a Financial Institution in Other Supported Countries (Salt Edge) to NetSuite

Connecting a Financial Institution in Other Supported Countries (Salt Edge) to NetSuite

Important:

The Bank Feeds SuiteApp includes third-party applications provided by Salt Edge Limited. Your access to and use of such portions of the SuiteApp may be subject to separate terms and conditions and a separate privacy policy between you and Salt Edge Limited. Any such separate terms will be made available for your review before you enable the relevant portion of the SuiteApp.

You must carefully read these terms before enabling this functionality, and if you're not willing to be bound by these terms or you're not authorized to accept these terms on behalf of your company or organization, don't enable this functionality.

The following procedure describes how to connect one or more financial institutions in other countries to NetSuite. The SuiteApp lets you connect to financial institutions in the following countries:

You can use the same procedure if you want to connect to financial institutions that operate globally and aren't country-specific.

Important Things to Note

Before you connect your financial institution to NetSuite, take note of the following:

  • Not every financial institution connection experience is the same and not all financial institutions can be accessed, or accessed reliably, using the Bank Feeds SuiteApp. Several factors may affect whether the Bank Feeds SuiteApp can connect to your financial institutions, including factors outside of NetSuite's control.

    Also, the Bank Feeds SuiteApp only supports certain bank or payment accounts. Selecting an unsupported account type such as a loan, mortgage, or investment may not work with your bank feeds setup.

  • You'll need Administrator access or a custom role with required permissions to set up bank feeds. For more information, see Roles and Permissions for Bank Feeds.

  • You must enable popups in your browser so the configuration window can open during bank feeds setup.

To connect NetSuite to a financial institution operating in other countries:

  1. Go to Setup > Accounting > Financial Statements > Financial Institution > List.

  2. On the Financial Institution page, click View next to the Bank Feeds financial institution record.

  3. On the Format Profile: Configuration subtab, click Edit next to Accounts in Other Countries (Salt Edge).

  4. On the Accounts in Other Countries (Salt Edge) Format Profile page, click the Connectivity Configuration subtab.

  5. Click Connect New Institution.

  6. In the popup window, do the following actions:

    1. Search for your financial institution by entering a name or keyword.

    2. Select your preferred financial institution from the list of results.

    The Connectivity Configuration subtab is masked, and you can't make any changes until you have completed the configuration setup. To close the popup window, click Cancel, or close the window to go back to the Connectivity Configuration subtab.

  7. Depending on your selected financial institution, enter your log in credentials or grant NetSuite access to your account.

    Click the Show Instructions expandable content for more information.

  8. Click Next.

  9. Read the data sharing notice and then acknowledge by clicking Confirm to grant consent to Salt Edge Limited.

    The system will then validate your login credentials and start setting up a secure connection to your financial institution.

    You may also be redirected to your financial institution's website to give NetSuite access to your account before the system can set up a secure connection.

  10. A progress of your configuration process appears.

    If you're setting up a multifactor authentication (MFA) account which requires additional validation, enter the required confirmation and then click Next.

  11. The setup retrieves all bank and credit card accounts from your financial institution. In some situations, your financial institution will require you to select accounts you want to include for bank feeds integration.

    To proceed, check the box next to each bank or payment account you want to include.

    Note:

    Select only bank or payment accounts supported by the Bank Feeds SuiteApp. Selecting an unsupported account type such as a loan, mortgage, and investment may not apply to your bank feeds setup.

    When the configuration process is done, the configuration window closes automatically and you’ll be redirected back to the Connectivity Configuration subtab.

    The Connectivity Configuration subtab refreshes with your new connection. All active financial institution connections are listed under the Connections subtab, and all connected bank and credit card accounts are listed under the Accounts subtab.

  12. To add another financial institution account in NetSuite, click Connect New Institution. You can connect to a different financial institution or the same financial institution with a different login credential.

  13. After entering the required configuration data, go to the Account Linking subtab. From the Linked GL Account list, select a bank or credit card account in NetSuite you want to link to the adjacent accounts. For more information, see Linking Accounts for Financial Institution Connectivity.

  14. Click Save on the format profile record.

Related Topics

General Notices