Bank Account Validation

Time is critical for your pay runs. This is why we are introducing bank account validation to minimise returned bank payments due to incorrect account numbers. Understanding how time-consuming admin work can be, we have taken another step to alleviate the burden on you. With Timesheet Portal, you can concentrate your attention and effort on the areas that will help your business grow.

With our new bank validation feature, you can now validate contractors' bank details. There are no limitations on how they are submitted. The feature functions the same whether the contractors enter the information themselves or you enter the bank details on their behalf.

Important Information on Bank Account Validation

We want to apologise to our international clients as this feature is only available for UK accounts. Additionally, it is charged per bank account validation instead of being included in a service package. Unfortunately, we are compelled to process payments on a per-validation basis, as this is the only model we cover when you run the operation.

Charges are 8p per validation for the first 100, and then 5p for any additional lookups. Bank accounts will be validated whenever a change is made to a bank account number or sort code on the edit form for a user or within their profile.

To activate bank account code validation, navigate to Settings->Billing->Subscription Modules and enable the module. You can track usage by going to Settings->Billing->Account Usage.

Be Part of Future Developments

At Timesheet Portal, we are always looking for ways to give our clients as much value as we can. All of our updates and changes begin with you. Therefore, if you have any complaints, suggestions or would just like to provide feedback - we are waiting to hear from you.