Transaction Country Identification

A new Country of Origin/Destination field is now available when editing transactions in both Bank Accounts and Portfolio. Whenever a transaction contains a valid payer or beneficiary IBAN, the country is automatically identified from the corresponding country code.

The country can also be defined or modified manually at any time, giving you greater flexibility and control over transaction information. When no country is associated with a transaction, it appears as Not Defined.

To make the field convenient to use, you can search directly by country or continent or browse the selection list, organized alphabetically by continents and countries.

A visual indicator has also been added to the Bank Accounts transaction list. Whenever a transaction's country of origin or destination differs from that of the associated bank account, the country flag is displayed, so you can spot it immediately.

With this functionality, bank transactions gain an additional geographical dimension, enabling richer and more detailed analysis. Identifying where transactions come from and go to becomes simpler, supporting faster review, validation, and reconciliation, especially in environments with frequent international operations.

Benefits:

• Country of origin/destination available on every bank transaction;

• Automatic country identification from valid payer or beneficiary IBANs;

• Manual country assignment for full flexibility and control;

• Quick search by country or continent, plus an alphabetically organized list;

• Country flag shown when a transaction differs from its bank account's country;

• Richer geographical analysis of financial flows;

• Faster review, validation, and reconciliation for international operations.

Available in all geographies.

You can try this feature here.