## Documentation Index

Access the complete documentation index at:
https://www.zoho.com/in/books/help/llms.txt

Use this file to discover all available documentation pages before proceeding.

# Integrate Zoho Books with Standard Chartered Bank

Zoho Books has partnered with **Standard Chartered Bank** to bring accounting and banking to the same platform. This integration lets you automate and simplify complex banking activities such as international vendor payments and bank reconciliation. So, you no longer have to log into your Straight2Bank (The online banking portal of Standard Chartered Bank) to initiate payments. 

**Note:** This integration is available only for users in the India edition of Zoho Books created under the **zoho.in** domain.

### Benefits 

*   Initiate payments to your vendors directly from Zoho Books.
*   Fetch bank feeds securely with direct feeds from the bank.
*   Reconcile bank statements easily with the best and exact matches of transactions.  
*   Initiate payments in bulk and reduce time spent on bill payments.
*   Make cross border payments securely in other currencies. 
*   Manage large number of transactions with virtual account numbers. 

**Prerequisite:** Ensure you have added other users to your organisation to initiate payments and perform tasks. [Learn more.](https://www.zoho.com/in/books/help/settings/users.html) 

### Set Up the Integration

Connecting your Zoho Books organisation with Standard Chartered Bank is simple and straightforward. 

*   [Integrate Standard Chartered Bank with Zoho Books](/in/books/help/online-payments/standard-chartered.html#integrate)
*   [Authenticate Integration](/in/books/help/online-payments/standard-chartered.html#authentication)

#### Integrate Standard Chartered Bank with Zoho Books

*   [New User to Standard Chartered Bank: Create an Account](/in/books/help/online-payments/standard-chartered.html#new-user)
*   [Existing User of Standard Chartered Bank: Initiate Integration](/in/books/help/online-payments/standard-chartered.html#existing-user)

##### New User to Standard Chartered Bank: Create an Account

If you are a new user to Standard Chartered Bank, you can request a new current account from Zoho Books.

**Note:** The annual turnover of the organisation should be greater than 2.5 crores to request for a new current account in Standard Chartered Bank from Zoho Books.

To request a new account:

*   Click the ![gear](/books/help/images/integrations/scb-gear.png) icon in the top-right corner and select **Online Payments**.
*   Go to the **Vendor Payments** tab and you will be able to find **Standard Chartered** listed under it.

![SCB new](/books/help/images/integrations/scb-new.png)

*   Click the **Set up Now** button. 
*   Click the **Request for a New Account** link in the pop-up that appears.

![SCB request](/books/help/images/integrations/scb-request.png)

*   Enter your **Organisation Details** and **Contact Details** in the page that follows. 

![SCB new details](/books/help/images/integrations/scb-new-details.png)

*   Verify and agree to the Terms and Conditions and click **Save**.

The bank executives will get in touch with you and help you open a new current account. After that, you can [initiate the integration](/in/books/help/online-payments/standard-chartered.html#existing-user) between Zoho Books and your Standard Chartered Bank current account.  

When you set up the integration with Standard Chartered Bank, the Contact Details and Organisation Details mentioned above will be shared with Standard Chartered Bank.

##### Existing User of Standard Chartered Bank: Initiate Integration

You can initiate integration between Zoho Books and Standard Chartered Bank easily. Here’s how:

*   Click the ![gear](/books/help/images/integrations/scb-gear.png) icon in the top-right corner and select **Online Payments**.
*   Go to the **Vendor Payments** tab and you will be able to find **Standard Chartered** listed under it.
*   Click the **Set up Now** button and a pop-up appears. 
*   Enter your **Organisation Details** and **Contact Details** on the page that follows.

![SCB Existing](/books/help/images/integrations/scb-existing.png)

*   Agree to the Terms and Conditions as well as allowing Standard Chartered Bank employees to contact you by checking the boxes. 
*   Click **Save** 

Once done, the bank executives will get in touch with you to provide a one-time token for authentication to complete the integration.

#### Authenticate Integration

Once you have initiated your integration, the status of your integration will be **Pending** until you enter the one-time token provided by the bank executives. Once you receive the one-time token:

*   Click the **Enter the token provided by RM** option in the Integrations page.

![SCB authentication](/books/help/images/integrations/scb-authentication.png)

*   Enter your **Straight2Bank Group ID**. 
*   Select your **Integration Administrator**. An Integration Administrator is an admin of the organisation who will have complete control over the integration. 
*   Enter the **One-time Token**. 

![SCB New](/books/help/images/integrations/scb-token.png)

*   Click **Save**.

After validation from the bank officials, the integration status will become **Active** and your Integration Administrator will be able to configure your integration settings. 

### Configure Standard Chartered Bank Integration

After integrating your bank account, you can configure your settings based on your organisation’s preferences. To do so:

*   Click the **Edit Settings** option in the integrations page.

![SCB edit settings](/books/help/images/integrations/scb-edit-settings.png)

*   Fill the details in the pop-up that appears.

![SCB settings page](/books/help/images/integrations/scb-settings.png)

**Field** 

**Description**

**Integration Administrator**

Select an admin of the organisation to regulate all the actions in the integration. 

**Straight2Bank Group ID**

Enter the Group ID with which you have registered your integration. 

**Allowed Payment Accounts**

Select the Standard Chartered Bank account(s) from which payments can be initiated. 

**Payment Initiators**

Select the users who can initiate a payment using Standard Chartered Bank from Zoho Books. 

**Bank Statement Accounts**

Select the Standard Chartered Bank accounts for which you want to receive the bank statements to reconcile transactions. 

*   Click **Save**.

All the users of your organisation will be able to view the configured settings but only the Integration Administrator will be able to edit the settings. 

### Make Payments to Vendors

#### 1\. Add Vendor’s Bank Account Details

Once you have completed setting up your integration, you can add your vendor’s bank account details to start making payments. To do so:

*   Go to **Purchases > Vendors**and select the particular vendor. 
*   Click the **More** dropdown and select **Add Bank Account**.

![SCB add](/books/help/images/integrations/scb-add-vendor.png)

*   Enter the vendor’s bank account details in the pop-up that appears and click **Save**. 

#### 2\. Initiate Payments from Zoho Books

Once you have added your vendor’s bank account details, you can make a vendor payment. In Zoho Books, you can: 

*   [Make Domestic Payments](/in/books/help/online-payments/standard-chartered.html#domestic-payments)
*   [Make International Payments](/in/books/help/online-payments/standard-chartered.html#international-payments)
*   [Make Bulk Payments](/in/books/help/online-payments/standard-chartered.html#bulk-payments)

##### To Make Domestic Payments:

*   Log into your Zoho Books organisation.
*   Go to the **Purchases** module in the left sidebar 
*   Select the **bill** for which you need to make the payment.
*   Click the **Pay via Standard Chartered** button in the bill options and a pop-up appears. 

![SCB pay button](/books/help/images/integrations/scb-pay.png)

*   Enter the details in the pop-up that appears. 

![SCB domestic payment](/books/help/images/integrations/scb-domestic.png)

**Fields**

**Description**

**Balance Due**

The total sum of the money **due** for payment for a particular bill. 

**Amount**

Enter the **Amount** you would like to pay. You can choose to make complete or a partial payment towards the bill.

**From Account**

Select the **From Account** from the list of Standard Chartered bank accounts from which you can initiate a payment. 

**To Account**

Select the account to which you would like to make the payment. 

**Transaction Type**

Select the **Transaction Type** from the available fund transfer options. The modes of fund transfer available are **IMPS/RTGS/NEFT** and **Book Transfer**. 

*   Click **Proceed** and the payment will be initiated from Zoho Books. 

##### To Make International Payments:

*   Go to the **Purchases** module in the left sidebar.
*   Select the bill for which you need to make the payment.
*   Click the **Pay via Standard Chartered** button in the bill options and a pop-up appears. 

![SCB international payment](/books/help/images/integrations/scb-international.png)

*   Enter the details such as **Balance Due, Amount, From Account** and **To Account**. 
*   Select **Telegraphic Transfer (TT)** as the **Transaction Type** (Zoho Books automatically recognizes a foreign currency payment and picks TT for you).
*   Select the **Purpose of the Payment** from the dropdown. 
*   Verify the **Exchange Rates**. Click **Change** to make adjustments to currency rates. 
*   Click **Proceed** and the payment will be initiated from Zoho Books. 

##### To Make Bulk Payments:

*   Go to the **Purchases** module in the left sidebar and select **Bills**.
*   Click the **All Bills** dropdown and select the **Unpaid Bills** filter.

![SCB unpaid bills](/books/help/images/integrations/scb-unpaid.png)

*   Select multiple bills for which you want to make payment and click the **Pay via Standard Chartered** button.  
*   Select the **From Account** from which you want to initiate payment for all the bills. 
*   Verify the **Transaction Details** that gets populated and select the **To Account, Payment Date** and **Transaction Type**. The amount to be paid to each vendor gets populated adjacently as **Vendor Total.**

![SCB bulk payment](/books/help/images/integrations/scb-bulk.png)

*   After validating the details, click **Initiate Payment**. Once you have initiated a payment, the status of the bill in the **Payments Made** tab will be **In Progress**. 

**Pro Tip:** You can select a different transaction type for each vendor.

#### 3\. Approve in Straight2Bank

Once you initiate a payment in Zoho Books, the next step is to approve it in the bank’s portal to process it. To approve a payment:

*   Log into your **Straight2Bank** portal using your **Group ID** and **User ID**.
*   Enter the digital **one-time token** generated using your Vasco (provided by the bank) and click **Proceed**.

![image](/books/help/images/integrations/scb-vasco.png)

*   Go to the **Transaction Statistics** section in the screen that appears. 

![scb details](/books/help/images/integrations/scb-batch.png)

*   Click the **batch number** in the **Batches** column and you will be able to see the transactions that have been initiated by you in batches. 
*   Select a transaction to view the batch details and click **Authorize Batch.** 
*   Click **Save** to authorise your transactions. In the following screen, you will be able to view the **Challenge** and **Response** field.  
*   Enter the values available in the **Challenge** field in your **Vasco** and another **one-time token** appears. Enter it in the **Response** field.
*   Click **Submit**.
*   Once done, click the **Send to Bank** option to process your transaction.   

Once your transaction has been processed, the status of your transaction in your Payments Made tab will change to **Processed.** 

### Fetching Direct Feeds and Reconciling Bank Statements

The Standard Chartered Bank integration has also brought in direct bank feeds that imports transactions automatically from your bank account into Zoho Books. You can also reconcile transactions easily. To reconcile:  

*   Log into your Zoho Books organisation. 
*   Navigate to the **Banking** module and select your **Standard Chartered** bank account. 
*   Bank feeds will be refreshed automatically.
*   Click the **Uncategorised Transactions** tab in your bank statement and you will be able to view the list of transactions. 
*   Select a transaction and Zoho Books will prompt the **Best Match** for you automatically. 

![scb details](/books/help/images/integrations/scb-reconciliation.png)

*   Click the **Match** button to match a transaction.  

### Virtual Accounts

Zoho Books lets you assign a virtual account number to each customer for easier payment identification and reconciliation. So, when you receive multiple payments from customers, you can easily track which customer has paid you and match them easily in Zoho Books. All you have to do is request a virtual account number from the Standard Chartered Bank and set it up in Zoho Books. To do so:

*   Enable **Virtual Account Number** in your Standard Chartered Bank. 
*   Log into your Zoho Books organisation. 
*   Click the ![gear](/books/help/images/integrations/scb-gear.png) icon in the top right corner and select **Templates**. 
*   Go to the **Invoices** tab and click **Edit** on your default template. 
*   Go to the **Footer** section and click **Add Your Bank Details**. 
*   Enter your **Bank Name, Account Number**, and **IFSC Code.** 
*   Add the **Account Number** and enter the four-digit virtual account number prefix given to you by Standard Chartered Bank. 
*   Click **Insert Placeholder** and select **Virtual Account Number Suffix.** 

![scb details](/books/help/images/integrations/scb-placeholder.png)

*   Click **Save**.

![scb details](/books/help/images/integrations/scb-bank-details.png)

A unique auto-generated number will appear on the invoice you send to each customer. And when your customer makes an online payment, the bank feed will contain this unique account number. So, when you reconcile the transaction, Zoho Books will find the **Best** matches for you automatically.

### Delete the Integration

You can delete the integration if you don’t want to make payments to vendors using Standard Chartered bank. Here’s how:

*   Go to **Settings > Online Payments**.
*   Navigate to the **Vendor Payments** tab and you will be able to find **Standard Chartered** listed under it.
*   Click **Delete** icon.

![scb details](/books/help/images/integrations/scb-disable.png)

*   Enter a reason for deleting the integration and click **Delete** to confirm.

![scb details](/books/help/images/integrations/scb-confirm-delete.png)

**Note:** If you have any queries regarding the Standard Chartered bank integration, write to us at [scb-support@zohofinance.com](mailto:scb-support@zohofinance.com).