Card Payments Setup - 6. Adding a bank account for payouts

This article guides you through the fifth step in setting up card payments in Arbor, which involves adding a nominated bank account for payouts.

This guide is the sixth in a series. The guides in this series are:

1. Introduction
2. Verifying school details
3. Uploading school documents
4. Entering Controller/Owner details
5. Entering Representative details
6. Adding a bank account for payouts
7. Checking your details
8. Confirming and troubleshooting verification
9. Enabling Customer Account Types
10. FAQs and further reading

Top Tip: Unsure about where to start with payments in Arbor, or need assistance with your setup? Why not try our In-App Payments Help Guide! 

Which bank account should I use?

You will need to use a bank account that accepts BACS and direct debit payments to use Payments in Arbor.

We recommend adding your school bank account at this step; you will be able to add any other bank accounts later on.

You must add a bank account in order to receive payouts via card transactions.

Adding Bank Details

To add a bank account for payouts:

• Click the green Add new bank account for payouts button
• On the slide-over, add:
  • The Account holder's name - match this exactly to the name and format on record with the bank
  • The Account number
  • The Sort code
  • The Country where the bank account is registered
  • The Currency
• Click the green Add bank account for payouts button to confirm your changes.

Now that you have added the bank details, press the green Next button to proceed to the next step in the setup: Checking your details