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Related ticket: IBACC-92 Bank Catalog | Aha!
Table of Contents
Introduction
Whether your colleagues prefer the trust and familiarity of major banks, or the flexibility and customisation offered by smaller, lesser-known ones, a good accounting system should support both.
Indigo Business comes equipped with a built-in list of well-known banks found in Settings & Preferences > Global Setup > Banks, making it easy to get started with familiar names. But it doesn’t stop there—you can also add other banks to the grid, customising your setup to reflect all the banks your business uses.
You can edit or remove these entries at any time—for example, if a bank changes its name after a merger or is no longer relevant to your operations. You can filter and manage the grid's data, along with its visibility, using the available buttons at the top of the grid. More on this 👉 here.
Default Banks
Default Banks
APS Bank
Bank of Valletta
HSBC (Malta)
Lombard Bank
BNF Bank
Central Bank of Malta
Moneybase Ltd
Revolut
Managing a Bank Record
To access the list of default banks and create or edit one on your own, navigate to Settings & Pref. > Global Setup > Banks. A grid will be displayed, reporting the bank Code, BIC, Name and whether the code is Active or On Hold. A Description will be visible too, if added to the bank record.
Creating a Bank
Click on the ➕ Add button on the top left of the Banks grid.
In the Add Bank drawer 👇, fill in the mandatory fields:
Code (unique identifier),
BIC
Name
The Description field is optional but useful, if you need to specify something about the record.
Tick the On Hold checkbox to prevent the bank from being used. You can untick it at any time.
When ready, click on Save on the bottom left of the drawer.
🎉 Congrats! You are ready to use the newly created bank when creating a nominal bank account.
Editing and Deleting a Bank
You can edit and delete a bank by:
Either highlighting the record in the grid and clicking on the ✏️ pencil (Edit) or 🗑️ trashcan (Delete) icons. Or;
By selecting the bank Code to open the side drawer and clicking on the same icons there.
When editing an entry from the list, you're allowed to modify the BIC, Name, Description and On Hold fields, but not the Code.
⚠️ You can delete a bank as long as it isn't linked to any other entity within the system. (e.g. Bank Account)
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