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Sage e-Banking

Note: If you're in the Republic of Ireland, please click here for a list of compatible banks.

Sage e-Banking helps you connect Sage Instant Accounts, Sage 50 Accounts, Sage200, Line 100, MMS, and Sage 50 Payroll software to your bank's Internet or PC banking software, removing the need to manually re-enter information into their banking and accounts or payroll software

Typically, a Sage e-Banking module will help you to download statements from their Internet or PC banking software directly into your Sage accounts software for reconciliation. It will also pass payment details electronically - for example, in BACS format to your bank.

What's the difference between Internet banking and PC banking?

The majority of banks offer a range of electronic banking solutions that can be divided into two groups: Internet banking and PC banking.

  • Internet banking

    Internet banking is aimed at providing information for personal bank accounts, sole traders or Small Office Home Office (SOHO) businesses with limited electronic banking needs.

Typically, you access your personal bank account details on your bank's Internet banking website. The features available normally allow you to:

  • View your bank balance and statement
  • Make pre-defined bill payments
  • Initiate bank transfers
  • Download statement information

The service is secured through user name and password, and all activity between your browser and the bank's web servers is encrypted.

  • PC banking

For business customers, most of the major banks in the UK provide PC software. When installed on your PC, this software enables you to dial (via a modem) directly to the bank's private and secure network to access your own bank account details.

Most of these applications allow you to:

  • Make single or batched payment instructions
  • Set-up and modify direct debit instructions
  • Make international payments
  • Undertake bank transfers as appropriate

They also allow you to download balance and statement information for reconciliation purposes.

How does the Sage e-Banking plug-in work?

Sage creates a plug-in software module that acts as 'middleware' between your Sage software and the bank's software. This plug-in:

  • Converts information between the software into a format that both can understand
  • Interfaces directly with your Sage software
  • Interfaces directly with the relevant bank's Internet or PC banking software

Want to find out more?

For further information and to take advantage of the benefits Sage e-Banking has to offer you and your business, call us free on 0800 33 66 33.