How the Open Banking feature in Qoyod imports your bank statements directly, making bank reconciliation easier and reducing manual entry.
What the integration does
- Pull bank transactions directly from supported banks into Qoyod.
- Display the new transactions on the bank reconciliation page for matching against your Qoyod statement.
- Reduce the need to upload bank statements manually in Excel.
Path in Qoyod
Settings › Integrations › Saudi Banks
Connection requirements
- A bank account at one of the Saudi banks that support Open Banking.
- Official approval from the bank to share data with Qoyod (under SAMA’s Open Banking framework).
General steps
- Open integration settings in Qoyod and choose “Saudi Banks”.
- Pick your bank from the list of supported banks.
- Log in to your bank account via the bank’s official page to approve data sharing.
- Return to Qoyod and link the bank account to its corresponding accounting account.
Notes
- The service is available for selected banks. Check whether your bank is on the supported list before starting.
- Data is pulled in read-only mode. No permissions to edit accounts or transfer funds are granted.
