How to add the bank details in the legal entity?

Ensuring smooth payment transactions is essential for maintaining a healthy business on Noon. A key ...

Ensuring smooth payment transactions is essential for maintaining a healthy business on noon. A key step in this process is accurately entering and linking your payment method to enable proper fund transfers. Follow this guide to add or update your payment method details and link them to your store for hassle-free payments.

Step 1: How to Add the Bank Details to your Legal Entity

Adding your bank details to your Legal Entity allows Noon to process payments directly to the correct account. Follow these steps to add and submit your payment method for approval.

There are two ways you can access the Legal Entity to add the payout method.

If the Legal Entity is already linked:

Go to the Navigation Menu, click on Store Management and then click on Payments.
You will see a card that mentions your linked Legal Entity.
Click on Select Payment Method.
The following popup will appear. Select Create new payment method and press Proceed.
This will take you to the Payout Methods Section of the Legal Entity. Click Add New to add a new payout method. Once the details are added click on Save Changes.

If the Legal Entity is not linked:

Go to the Navigation Menu, click on Store Management and then click on Legal.
On the following page, click on the Legal Entities tab.
You will see a list of Legal Entities, select the one you want to add the payout method to.
You will be taken to the Legal Entity Details page. Click on Payout Methods.
Click on Add New to add another Payout method. Once the details are added click on Save Changes.

Once the payout method has been added, the Submit for Approval button will appear in the top right of the screen. Click on it to send your Payout method for approval.

Step 2: How to link the Payment Method to your Invoicing Profile?

Once the Payout method has been added and approved, you need to link the payout method to your store. Please note that you must link the Legal Entity to your Invoicing Profile and sign the Terms and Conditions before linking a payout method. Only one Payout method can be linked at a time to an invoicing profile.

If your Legal Entity has only one payout method, we automatically link it to your store at the time of approval. However, if you have more than one payout method added to your Legal Entity, you will need to manually link it.

To link the payout method:

Open the left hand Navigation, click on Store Management and then click on Payments.
There will be cards displaying your Invoicing Profiles. Find the Invoicing Profile you want to link the payment method.
Click Select Payment Method.
The following popup will appear. Select the payout method and click proceed.
The Payout method should get linked successfully. The status on the card should change to Payment method linked.

That’s it!

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