Adfin | Say hello to Adfin bank transfer: a smarter way to get paid

Bank transfers have been stuck in the past

Bank transfers are one of the most popular ways for businesses to get paid, but they weren't built for modern business processes.

You send your invoice, check your bank for the payment, double-check references, and manually match what’s come in with what’s still outstanding. If there's been an overpayment you need to manually create an entry on your accounting software. If there's been an underpayment you need to chase your client to pay again.

With Adfin bank transfers, that’s all handled for you. Clients can now pay directly by bank transfer through your Adfin payment link, and each payment is automatically matched.

Making bank transfers fit for the digital world

We've built Adfin bank transfers to give you all the benefits of digital payments — instant visibility, automatic reconciliation, and reduced admin — but at a lower cost and to fit with your clients' existing payable processes.

Here’s how they make life easier:

Automatic payment allocation so you never waste time figuring out which payment belongs to which invoice
No more double chasing: Adfin detects payments as soon as they’re made, so you don’t follow up on invoices that are already paid
Real-time posting to your accounting software, keeping Xero or QuickBooks fully up to date
Lower processing costs than other digital payments like cards, with the same reliability and visibility
A seamless experience for your clients, who can pay straight from their bank with no extra steps

Adfin bank transfers use unique bank account details for each client, meaning that you don't have to expose your account information externally either.

How Adfin bank transfers work

When a client chooses to pay using Adfin bank transfer through your Adfin payment link, they’re shown bank details for an intermediary clearing account that’s linked to your business. Once they send the payment, Adfin automatically matches it to the right invoice or payment request:

If the payment reference matches an invoice or request number, it’s allocated straight away
If the client pays too little, Adfin records a partial payment, we then continue chasing the client for the outstanding amount automatically
If they pay too much, Adfin creates an overpayment entry and alerts you by email
If no match is found, Adfin uses the payment amount or the most overdue invoice to allocate it automatically

Everything is then posted directly to your connected accounting software, so your books and your bank feed stay in sync.

Settlements and controls made simple

Funds from Adfin bank transfers are paid out to your bank account alongside your card and direct debit settlements.

You’re fully in control of how bank transfers work for your business. From the console, you can:

Set minimum and maximum payment limits for your account
Customise these limits for each client

Get started

Your account will automatically be enabled with Adfin bank transfer. In some cases, you may need to confirm your business details — we'll send you a notification in the console if this is the case.

New to Adfin? Book a demo or chat with our team, we’ll show you how Adfin bank transfers work and how they can save you hours of reconciliation time each week. Learn more at adfin.com.

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Say hello to Adfin bank transfer: a smarter way to get paid

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