Companies in ATLAS must be connected to at least one bank account, to be used in the settlement process when transferring funds from the auction to the seller.
Follow this guide for detailed instructions on adding a bank account to ATLAS.
Note: only primary users can add bank accounts. You can check your permissions under Users & Roles.
📌 You can set up a bank account when:
- Your company is set up in Efficy and ATLAS
- The primary user created an ATLAS account
- A KYC procedure has been completed for the company
How to add a bank account in ATLAS
1. Enter bank account details
a) Go to ATLAS > Company tab > click Bank accounts in the left side menu
b) Click Add Bank Account in the top-right corner of the screen
c) Add your bank account details in the pop-up window (see below)
d) Click Select files to upload proof of account ownership. This will be checked by the finance department in the approval process for new bank accounts
e) Click Send Verification Code
2. Complete the verification procedure
After completing the steps above, the primary user will receive an e-mail containing a verification code.
Enter the verification code from the email (see below). Click Submit to complete the registration of the bank account.
3. Link the bank account to a sales agreement
ATLAS allows you to link different bank accounts to different sales agreements. The funds related to a sales agreement will then be paid out to your chosen bank account.
To link a bank account to a sales agreement:
a) Open ATLAS > Companies > Sales Agreements. Click Change bank account, next to the sales agreement
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b) Choose the bank account you want to link to this sales agreement (see below)
c) Click Send verification code and follow the same verification procedure as described in step 2 above.
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Funds for this sales agreement will now be paid out to your chosen bank account.
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