EBICS with LLB (Schweiz): your LLB transactions in your accounting every morning
LLB (Schweiz) offers EBICS access to its business customers, and YESbusiness connects to it directly: nobody between your bank and your accounting. Every morning, yesterday's statement of your LLB account arrives on its own and your entries are prepared for you. Here is how to activate it, what you get and what it does not do.
LLB (Schweiz) in a few words
LLB, the Liechtensteinische Landesbank, is present in eastern Switzerland and Zurich through its Swiss unit, after Bank Linth was integrated into the group, and serves private customers, SMEs and freelancers there. EBICS access is requested from your adviser; the bank opens it on your business contract.
Connecting LLB to YESbusiness: the five steps
Two steps depend on you, one on YESbusiness, two on LLB (Schweiz). Allow a few minutes on your side and a few business days on the bank's.
- 1Ask LLB (Schweiz) for EBICS. Through your adviser or the corporate e-banking desk. The bank opens the access on your contract and gives you a customer number (Customer ID or Partner ID) and a user identifier (User ID).
- 2Pick LLB in YESbusiness and enter the two identifiers. YESbusiness generates the keys of your connection, registers them with LLB (Schweiz)'s EBICS server and opens the initialization letter, which carries the fingerprints of your public keys.
- 3Print, sign and send the letter to LLB (Schweiz). Your signature is what authorizes the bank to activate the access. The letter contains no secret: only the fingerprints the bank compares with what it received electronically.
- 4LLB (Schweiz) checks and activates the access. Usually within a few business days. On activation, YESbusiness fetches the bank's public keys, verifies their fingerprints and runs the first download.
- 5Your LLB accounts are connected. The bank sends the IBANs covered by the access; you link each one to a cash account. From there, every morning, yesterday's statement arrives and is booked with your rules.
Nobody between LLB and your accounting
YESbusiness carries its own EBICS client. It generates your keys, announces itself to LLB (Schweiz)'s EBICS server, verifies the bank's keys and downloads your statements itself. Your data travels from LLB's server to YESbusiness's server, encrypted end to end, with no aggregation platform and no robot on your e-banking.
Your LLB e-banking username and password are never asked for. EBICS rests on keys generated for your connection and on a signed letter LLB (Schweiz) verifies.
What to know before signing the letter
- Read-only. YESbusiness reads your LLB statements; it sends no payment order. Your transfers continue to be made in LLB (Schweiz)'s e-banking.
- Daily, not real time. The channel delivers the end-of-day statement (camt.053) of the previous business day. A movement from this morning appears tomorrow morning.
- LLB (Schweiz) opens the channel. EBICS is requested from the bank, not from YESbusiness. Most Swiss banks open it free of charge for business customers; a few charge for it. Ask your LLB adviser.
- A few days to activate. Between sending the signed letter and LLB (Schweiz)'s activation, allow a few business days. In the meantime, the camt.053 file downloaded from LLB e-banking can be imported by hand.
Frequently asked questions about EBICS with LLB
Does LLB (Schweiz) offer EBICS?
Yes, to its business customers. It is a service the bank opens on your contract; ask your adviser or LLB's corporate e-banking desk.
How much does EBICS cost at LLB?
On the YESbusiness side, nothing beyond the subscription: the connection is included. On the bank side, EBICS is usually free in Switzerland; a few banks charge a setup fee or a flat rate. One call to your LLB adviser is enough to find out.
Do I have to give YESbusiness my LLB e-banking login?
Never. EBICS works with a dedicated access LLB (Schweiz) opens in your name and keys generated for your connection, not with your e-banking login.
Can I pay my LLB invoices from YESbusiness?
No. YESbusiness uses EBICS read-only: it fetches your statements, it sends no payment orders. Your transfers stay in LLB (Schweiz)'s e-banking.
I have several accounts at LLB, or other banks?
One LLB EBICS connection can cover several accounts at the bank; each IBAN is linked to a cash account. Every other bank has its own EBICS connection, and a company can have as many as it has banks.
Other banks
YESbusiness is Swiss accounting, the EBICS connection to LLB (Schweiz) and VAT returns from CHF 12.90 per month. Two-week free trial.
Try YESbusiness with LLB