CoCoNet multi:bank review
Multi-bank payments, liquidity planning and cash visibility across web, mobile and APIs.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
CoCoNet multi:bank centralises corporate payments, account information, reporting, liquidity management and cash pooling. It is designed for SMEs through major corporations, with web, iOS, Android and API access. Treasury teams can view balances and transactions, manage statements and advice notes, authorise payments, and coordinate multiple banking relationships from one channel. Deployment options include cloud and self-hosted environments, while configurable dashboards and role-based rights support different organisational responsibilities.
Pricing follows a contact-sales model; the vendor directs prospects to request a personalised demo rather than publishing plan prices. The connectivity model is broad: EBICS and PSD2/Open Banking support multi-bank access, SWIFT adds payment-status tracking through gpi, and ERP systems, direct files and APIs provide integration paths. Supported statement formats include MT940, MT942 and CAMT. The platform also connects with multi:dashboard and multi:hub, and its native mobile apps cover balance views and payment authorisation.
The standout capability is breadth across payment operations and liquidity work. Payment entry, import and release span more than 200 formats, while real-time account data feeds liquidity overviews, forecasting and cash-pooling workflows. Secure document exchange adds a bank-client communication channel. This range suits treasury functions that need multi-entity visibility, structured rights and several connection standards in one system. Organisations seeking a simple single-bank payment tool may find its scope and integration requirements more than they need; teams with complex bank connectivity and liquidity responsibilities are the clearer fit.
CoCoNet multi:bank pros and cons
- Where it wins
- Payment entry, import and release in more than 200 formats
- Real-time balances, statements, liquidity planning and cash pooling
- EBICS, PSD2, SWIFT and ERP/API connectivity with mobile approval
- Where it doesn't
- Pricing requires a personalised sales process
- Support is listed through email
- Advanced workflows depend on bank and ERP/API connectivity
CoCoNet multi:bank fact sheet, pricing and score →
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