Business Portal: Business Settings


PORTAL: Entering or updating your bank details for settlements


The Business Details section allow you to add or change your personal details at any time. 

You can add or edit your bank details easily via the Business Portal.

If you signed up as a Sole Proprietor


  1. When logged into your Business Portal, select Business Settings from the menu.
  2. Select the correct checkbox:

    a. I own this account - this means the bank account is listed under your personal capacity

    b. Another individual or business owns this account - the account is not listed under your personal capacity.
  3. You can add or edit the following information under the Bank Details section: 
    • The Account Holder name
    • Your Account Number
    • Your Banking Institution
    • Your Account Type
  4. If you do not own the account please provide the following documents

    a. A Bank statement or Account Confirmation Letter, this must show the bank account details including the owner of the account.

    b. A Letter of Authority from the Account holder, giving you permission to use their bank account for your Yoco Settlements.

  5. Once you provide your bank details or edit existing ones, and have uploaded the necessary documents please click submit, we will review the information for security reasons.

  FIND OUT more about how we check and verify your banking details.

If you signed up as a Registered Company


  1. When logged into your Business Portal, select Business Settings from the menu.
  2. Select the correct checkbox:

    a. This account belongs to my business - this means the bank account is listed under your registered company that you signed up for Yoco

    b.This account doesn't belongs to my business  - the account is either listed under a different registered business, or under an individual's personal capacity
  3. You can add or edit the following information under the Bank Details section: 
    • The Account Holder name
    • Your Account Number
    • Your Banking Institution
    • Your Account Type
  4. If you do not own the account please provide the following documents

    a. A Bank statement or Account Confirmation Letter, this must show the bank account details including the owner of the account.

    b. A Letter of Authority from the Account holder, giving you permission to use their bank account for your Yoco Settlements.

    c. A Board Resolution from your Business, giving authority for your Yoco settlements to be paid into this bank account.
  5. Once you provide your bank details or edit existing ones, and have uploaded the necessary documents please click submit, we will review the information for security reasons.

  FIND OUT more about how we check and verify your banking details.

 

Once you have submitted your bank details, are team will run account holder verification checks and provide a response within 1 business day.

 

 

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