How To enter new Bank Accounts

Bank accounts used for ACH payments are stored by customer. A customer can have multiple bank accounts on file, all bank accounts can be used for transactions, unless those bank accounts are blocked. New bank accounts can be setup from the Customer List by selecting Customer > Bank Accounts to open the Bank Account List and then selecting the action New. They can also be setup from the Customer Card by selecting New Document > Bank Account action or Customer > Bank Accounts to open the Bank Account List and then selecting the option New. The minimum information required to enter a new bank account is displayed on the page.

After you enter the bank account information, the data is sent to the gateway for tokenization.

The actual bank account number and routing number are never stored in Microsoft Dynamics 365 Business Central. Only a token, a unique identifier for this bank account, is stored. Once the token is generated, the bank account and routing numbers are masked.

One of the payment methods (bank accounts and credit cards) per customer can be set to Default. A default bank account will automatically be selected for any new sales transactions, if the customer is set to pay by bank account. Only one payment method can be the default. If another payment method is already set to Default, a warning is displayed and you can select to change the default.

If bank accounts should not be used anymore, they can be Blocked. This will not allow any transactions against the bank account anymore.

The bank account page and list have a fact box defined, which shows statistics on the bank account. You can drill down to the individual transactions. Alternatively, you can also access the payment transactions through the Entries action.

First Name	The bank account holder's first name.
Last Name	The bank account holder's last name.
Type	Please select, if this bank account is either a checking or savings account.
Routing No.	The routing number for this bank account. This can be easily retrieved from a voided check. Please enter only numbers. Once the bank account information is tokenized, the routing number is masked, which means that only the last 4 digits are shown.
Account Number	The account number for this bank account. This can be easily retrieved from a voided check. Please enter only numbers. Once the bank account information is tokenized, the routing number is masked, which means that only the last 4 digits are shown.
Driver's License No.	This field is optional. You can enter the driver's license number of the account holder for additional validation and security.
Driver's License State	This field is optional, but must be filled in, if the Driver's License No. is provided.
Default	One payment method per customer can be defined as the Default, which will automatically be added to all transactions. The actual payment method used can be changed on a transaction basis. If a payment method is already defined as default, you will be asked, if the default should be changed to this new payment method.
Blocked	You can block a bank account, if the bank account should not be used anymore. This bank account will not be shown on the list of available bank accounts for this customer anymore.