Bank connections (Open Banking)
Once your bank is connected, Demona fetches your accounts' booked transactions three times a day and matches them to your invoices as a bank import — no statement file to upload. You approve the access at your bank, for up to 180 days.
Connecting. In the Bank connections (Open Banking) block of the Currencies page, pick your bank with Connect a bank; you log in at your bank, approve the access and come back to Demona. Only a team admin can connect a bank. Demona links the accounts the bank returns to the bank accounts you have recorded, by IBAN; an account not recorded yet can be added in one step with Add.
Syncing. The first fetch brings the last 90 days; after that new entries arrive three times a day (at 7, 13 and 19 o'clock in the team's local time), and Sync now asks for an immediate refresh. Only booked transactions of linked accounts are brought in. Every sync with new entries creates its own import on the Bank Import page, exactly like an uploaded statement: you match and book it the same way.
No duplicates. A sync skips entries it already brought in. If you also upload a statement file for the same period, matching entries are tied to the existing payments, so nothing is booked twice.
Expiry. Bank access is valid for up to 180 days (a bank may grant less). The team admins are notified 7 days before and on the day it expires. On an expired connection, Re-authorize approves it again at the bank; account links and earlier imports are kept and syncing picks up where it stopped. Meanwhile you can still upload the statement as a file.
Disconnecting. Disconnect also revokes the access at the bank; statements already imported are kept.
Own application. At the bottom of the block, under Own Enable Banking application, a team admin can enter the ID and private key of the team's own Enable Banking application; new connections are then made through it. First add the redirect URL shown there to the application in the Enable Banking control panel; on saving, Demona checks the key and the URL. Connections made through a previous own application have to be re-authorized after a change.
Banks allow at most four unattended reads a day per account; Sync now does not count towards them.