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How to set up a bank account connection with ApprovalMax

It takes three steps to connect a bank account and ApprovalMax
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  1. Select a bank and country from the list of available options (banks that support open banking)
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  2. Confirm the connection in your banking app (mobile or web-based)
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  3. Match the connected bank account to your Xero bank account to have payments correctly reflected on the Xero side
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This is how you select a bank and country from the list:

  • Find your ApprovalMax Organisation in the main menu and open Bank Accounts under Workflows And Settings:
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  • Click on either the +NEW BANK ACCOUNT or +ADD BANK ACCOUNT button:
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  • Select the country and bank, then click on NEXT:
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This is how you confirm the connection in your banking app (mobile or web-based):

  • Log in to your banking application from a desktop computer, or from a mobile device using the QR code:
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  • Authorise the connection to ApprovalMax.
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  • Proceed to matching your connected bank account to your Xero bank account.
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This is how you match your connected bank account to your Xero bank account:

The connected bank account must be matched to your Xero bank account for further reconciliation purposes: every transaction that you execute in ApprovalMax Pay using a connected bank account will appear in Xero against the bank account that you have specified in this section.
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  • Select the respective Xero bank account and click on MATCH:
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  • If you don't have a Xero bank account, click on the +NEW XERO BANK ACCOUNT button to create one. State an account name, the sort code and account number, then click on CREATE:
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Please note: you also need to set up Contact payment details to enable Bill payments in ApprovalMax Pay. Only users with the respective permissions can add Contact payment details.


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