Link one or more bank accounts to Ponto (Entrepreneur)

Disclaimer

All screenshots in the article were taken in the Dutch version of Yuki.

Ponto enables bank accounts from more than 30 banks to be securely and reliably linked to Yuki according to PSD2 and GDPR regulations.

For more information about Ponto see https://myponto.com/en/products/account-information-service/.

ATTENTION!

Bank accounts from multiple domains in Yuki can be linked to one Ponto account.

Only a user with the 'Management' role can link one or more bank accounts to Ponto, reauthorise a linked bank account or disconnect the link of bank account(s).

Only the account holder of a bank account can authorise (grant Yuki access) and link the relevant bank account in Ponto. 

Costs

For each bank account authorized in Ponto (granted access to Yuki), a monthly fee of €1.00 will be charged.

How does it work?

Once a current account is linked to Ponto, all relevant bank transactions (including opening and closing balances) are automatically added to your administration daily.

Immediately after linking, the day's transactions are automatically retrieved. After that, bank transactions will be retrieved every six hours through automatic bank account synchronization.

Restrictions and conditions

• It is not possible to link savings accounts with Ponto.
• Yuki advises against linking checking accounts in foreign currencies at this time.
• Only Dutch, Belgian, and Spanish accounts can be linked via Ponto.
• Bank accounts must be linked one at a time from Yuki. Start with one bank account until the linking is complete before linking the next.

ATTENTION!

Simultaneously linking a bank account to Ponto and one of the four accounting links (Rabobank, ABN AMRO, ING, or Knab) can result in duplicate transactions in your administraion.

The accounting link in question must be terminated.

When you try to link a bank account to Ponto that's already connected via the ABN AMRO, ING, Rabobank, or Knab accounting link, the following message appears on the screen (in this example, for an ING account):

Follow the on-screen instructions to disconnect the relevant accounting link.

Access to Ponto

All settings for Ponto are centralized within your domain and divided into logical categories.

To access these settings:

• click on the Settings icon in the navigation bar
• then, in the now-opened screen, in the Bank section click on Ponto.

Ponto PSD2-links overview

In the overview screen, you can see the status of the Ponto link for each bank account. The possible statuses are:

• Connected: The bank account has been successfully linked to Ponto.
• Not connected: There is no active connection to Ponto yet.
• Expires soon: The current connection will expire soon and requires reauthorization.
• Expired: The connection is no longer active and requires reauthorization.

From this screen, a user can:

• link one or more bank accounts to Ponto
• if necessary, reauthorize a linked bank account
  (see article Reauthorize linked Ponto bank account (Entrepreneur)

• Disconnect bank account(s).
  
  

Link bank account(s) to Ponto

Go through the following steps: 

Step 1. Hover your mouse over the line of the bank account you want to link to Ponto and click on the Connect button.

In the screens below, a new Ponto account is created and then an ING bank account is linked to Ponto.

ATTENTION!

When 'EXPERIMENTAL' is shown after a bank, it means that Ponto does not currently have sufficient information to guarantee that the linking will work properly.

Step 2. In the now-opened screen, find and select the bank where the bank account to be linked is opened:

The following screen is opened:

Step 3. Enter your email address and then click on the Continue button.

Step 4. In the now-opened screen, enter your personal details:

Then click on the Continue button.

The following screen is opened:

Step 5. Enter the verification code you received in your mailbox. Then click on the Verify my email button.

The following screen is opened:

Step 6. Acknowledge that you have read the Terms and Conditions and Privacy Statement and then give your consent by clicking on the I give consent to Ponto button.

Then follow the steps in your Online Banking environment to grant access to Ponto. 

ATTENTION!

Only select the bank account you currently want to link. If you want to link more than one bank account to Ponto, complete the linking process of the first bank account completely. Then, in Yuki, click on the Connect button behind the next bank account you want to link.

Step 7. In the now-opened screen, click on the slider for the bank account you want Ponto to access and then click on the Confirm button.

The following screen is opened:

In Yuki, the screen below is opened automatically:

You can retrieve past transactions immediately if required. This can also be done at a later date.

TIP!

We recommend retrieving past bank transactions by year, e.g. first the bank transactions from August to December 2023 and then all bank transactions from 2024.

For a detailed description, see article Retrieve Ponto transactions (from past) manually in Yuki.

The bank account linked to Ponto now has the 'Connected' status.

ATTENTION!

The bank account number may not be changed in Yuki after the bank account is linked to Ponto.

Disconnect bank account(s)

To disconnect a bank account:

• hover your mouse over the relevant bank account
• click on the button with the three dots
• then select the Disconnect menu option from the dropdown menu.

The following message appears on the screen::

From this moment on, the bank account is no longer linked to Ponto.

ATTENTION!

The authorization granted (access to Yuki) by the account holder of the bank account also expires.