To connect a new bank or credit card account securely with Plaid, please follow these steps:
From the Baselane Banking tab
Click on 'Add Account' in the top right
Select on 'Connect External Account' in the drawer
A pop will appear for you to connect your accounts securely using Plaid, which is trusted by over 7,000 companies to safely connect financial accounts to their apps and services
In the pop-up, press ‘Continue’, and find the banking institution for the account you would like to connect
Once you have entered your bank credentials and Plaid has validated your information, you can select the account(s) you would like to connect to Baselane
Once connected, you can edit the nickname and decide if you would like to Import Transactions (which we recommend for Baselane’s Bookkeeping feature), as well as define a rule to auto-tag all transactions from the selected account to a specific unit or property
From the External Accounts tab
Click on 'Add External Account' in the top right
Select ‘Add securely with Plaid’
A pop will appear for you to connect your accounts securely using Plaid, which is trusted by over 7,000 companies to safely connect financial accounts to their apps and services
In the pop-up, press ‘Continue’, and find the banking institution for the account you would like to connect
Once you have entered your bank credentials and Plaid has validated your information, you can select the account(s) you would like to connect to Baselane
Once connected, you can edit the nickname and decide if you would like to Import Transactions (which we recommend for Baselane’s Bookkeeping feature), as well as define a rule to auto-tag all transactions from the selected account to a specific unit or property
Alternatively, you can also manually add External Accounts via account and routing number by following these steps:
Go to the External Accounts tab
Click on ‘Add External Account’
Click on ‘Add manually’
Fill in all required account information
Click ‘Add Account’ to confirm
How do I access my external bank accounts?
Your external bank accounts can be accessed from the External Accounts tab, which is divided into two sections:
My Accounts
This will include all of your external bank accounts and will have a sub-section for the accounts you’ve added through Plaid and also for accounts that you’ve manually added with their account and routing numbers.
3rd Party Recipients
This section will only be displayed if you have opened a Baselane Banking account, and will show all of the 3rd party bank accounts that you’ve transferred funds to.
Where possible, we always recommend connecting securely with Plaid, as Manually Added External Accounts offer limited functionality (can only receive rent payments or transfers from Baselane Banking; cannot be used to send funds to Baselane Banking, or import balances/transactions for Bookkeeping). You can read more about the differences between the two approaches here.