Activate the module and prepare your bank
The SEPA area (Single Euro Payments Area) allows electronic euro transfers between accounts in participating countries. This standardised system streamlines operations and ensures fast, secure payments.
Compatibility
The Avantio export module works exclusively with ISO 20022. Before starting, contact your bank to confirm whether they use ISO 20022 and, if so, send us their technical specifications so we can assess the compatibility of your account.
Activating the module
The SEPA export has a one-time activation fee of 350€
To begin, contact the Customer Experience team to accept the activation fee and request activation.
Once activated:
Go to Accounting → Export data.
In the "Required data" section, select:
The company name (if you manage several).
The type of bank fees (currently only “According to bank settings”).
In New export, you will see the list of pending payments. Tick those you want to include in the XML file.
Download the generated file from Completed exports and upload it to your bank’s platform.
How the module works
The process is designed to eliminate manual tasks and can be done by accessing Accounting > Payments > List of payments to be made:
From the list, select the owner payments you wish to export.
Select the "Export transfers" button.
The system will generate an XML file with the transfer orders.
Download the file and upload it in your bank's intranet.
Complete the transaction directly with your bank.
In addition, with the latest update you can start generating the SEPA file directly from the settlement page for a smoother workflow.
Attention to detail
If any selected owner does not have a SEPA account, the system will display an automatic notification to prevent errors.
Frequently Asked Questions
What is the cost of the module?
What is the cost of the module?
The “Make payments via bank file” module is an optional add-on with an activation fee of €350. Contact our team to add it to your plan.
What happens if an owner does not have a SEPA account?
What happens if an owner does not have a SEPA account?
The system will display an automatic warning to prevent you from attempting to process an incompatible payment.
Can I use the module with any bank?
Can I use the module with any bank?
It depends on whether your bank works with ISO 20022. We recommend confirming this before activating the module.
Are payments processed automatically from Avantio?
Are payments processed automatically from Avantio?
No. Avantio generates the XML file, but you must upload it to your bank’s intranet to complete the transfer.
Where do I start generating the file from a settlement?
Where do I start generating the file from a settlement?
From the settlement page, you can directly start generating the SEPA file, which speeds up the workflow.