Built for Nigerian microfinance banks

Your BankOne reconciliation.
Done in 15 minutes.

ReconFlow auto-matches your NIP credits, POS settlements, and backlog transactions against your BankOne GL — surfacing exceptions before they become CBN penalties.

Tested on real Nigerian MFB data · 97.4% match rate on Main Account · 95.2% on full-year backlog

Results

Proven on Real Nigerian MFB Data

These results were achieved using real BankOne GL exports and Stanbic IBTC settlement statements — not synthetic data.

97.4%
Main Account match rate
95.2%
Full-year backlog (8,164 txns)
76% → 95%+
NIP Settlement after review
15 min
Daily reconciliation (vs 3–5 hrs)
How It Works

Three steps. No IT setup required.

STEP 01

Export your files

Export your BankOne GL and settlement bank statement exactly as you do today. No format changes. No new reports.

STEP 02

Upload to ReconFlow

Drop your files into ReconFlow. The engine detects BankOne, Stanbic IBTC, GTBank, Zenith, UBA, Access, First Bank, and Fidelity formats automatically.

STEP 03

Get your results

ReconFlow matches transactions, identifies exceptions, generates your BankOne C203 journal file, and produces a CBN-compliant reconciliation report — all in under 15 minutes.

Features

Everything your Finance Officer needs. Nothing they don't.

BankOne-Native Engine

Understands BankOne entry codes (C268, D265, D812), narration formats, and fee structures out of the box. No configuration required.

BankOne Journal Generator

Generates a ready-to-import C203 journal CSV for every exception — formatted exactly to BankOne bulk upload specification with validated DR/CR balance.

Switch-Dropped NIP Detection

Identifies NIP credits that arrived in your settlement account but never posted to BankOne. Shows the exact NIBSS Session ID and generates the correction journal automatically.

CBN Returns Pre-fill

Automatically calculates NIP_OUTWARD, NIP_INWARD, and POS_MERCHANT values for your monthly CBN OFIS regulatory returns.

Maker-Checker Controls

Built-in dual-control framework. No single officer can approve their own exception. Every action logged with timestamp and user ID.

Backlog Clearance

Reconcile months or years of historical exceptions with CBN-compliant ageing brackets: 0–30 days, 31–90 days, and 91+ days.

Works with your existing systems

Core Banking
BankOne (Qore)Inlaks T24Orbit CBSFern APEX
Settlement Banks
Stanbic IBTCGTBankAccess BankZenith BankUBAFirst BankFidelity Bank
PTSPs
InterswitchMoniepointNomba
Compliance

Built for CBN examination

  • Maker-Checker dual control — no single officer can approve their own exception
  • Immutable audit log — every action timestamped and permanently locked
  • Exception ageing — daily and monthly CBN brackets for all transaction types
  • CBN Returns pre-fill — monthly OFIS submission values calculated automatically
  • Draft watermark on all unapproved exports
  • Bank Reconciliation Statement format — structured exactly as CBN examiners request

Validated by a Nigerian MFB Finance Officer

“I have now completed the testing of the software, and I am pleased to confirm that it is working in line with our expectations and preferred reporting format. The output is satisfactory, and the enhancements requested have been properly addressed.”
Finance Officer · Nigerian Microfinance Bank
9.4 / 10 overall product rating

Ready to automate your daily reconciliation?

Request a demo using your own BankOne files. See your actual match rate in 24 hours.