Bank Accounts
A business bank account helps businesses receive payments, separate personal and business finances, and keep financial records organized.
For most businesses, bank accounts are used for receiving customer payments, paying suppliers, processing salaries, settling invoices, and managing day-to-day business transactions. Keeping business payment accounts properly organized also makes accounting, reconciliation, and financial tracking easier.
BrandDrive allows you to either create a BrandDrive Wallet or continue using your existing business bank account.
If you prefer to continue using your existing bank account, you can add it directly to BrandDrive and use it across your invoices, quotations, and payment records.
[IMAGE 1: Finance dropdown showing Bank Accounts]
Adding a Bank Account
[IMAGE 2: Add Bank Account modal]
To add your bank account, click on Finance from the top navigation menu and select Bank Accounts.
From there:
1. Click Add a new bank account
2. Select your currency
3. Enter your account number
4. Select your bank name
5. Choose whether to make it your default account
6. Click Save
Once saved, the account becomes available across your business operations inside BrandDrive.
Using Bank Accounts in BrandDrive
After adding your bank account, BrandDrive automatically displays those payment details on invoices, quotations, and Point of Sale transactions.
This means customers can immediately see where to make payments without you manually entering your account details every time.
Your default bank account can be used across:
– Invoices
– Quotations
– Point of Sale transactions
– Customer payment records
This helps keep payment information consistent throughout your business.
Important Note About External Bank Accounts
When you add a bank account in BrandDrive, you are adding it as an external business account reference only.
BrandDrive does not directly connect to or sync with your bank account. Because of this, the system cannot automatically confirm whether payments have been received.
For example, if a customer transfers money into your account after receiving an invoice, you would still need to manually verify the payment before marking the invoice as paid.
This setup is useful for businesses that want to professionally display payment details while still managing their existing bank accounts independently.
Managing Multiple Bank Accounts
If your business operates with multiple accounts, you can add more than one bank account inside BrandDrive.
This is useful for businesses managing:
– Different banks
– Multiple branches
– Separate business accounts
– Different currencies
You can also choose which account should remain your default payment account across the platform.
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- Accepting payments (link, card, bank transfer)
- Creating and sharing a payment link
- Handling part-payments and outstanding balances
- Multi-currency transactions and cross-border invoicing
- Payment failed — what to do next
- Reconciling payments with invoices
- Sending payment receipts to customers
- Understanding settlement timelines