Key features
BPAY is a registered trademark of BPAY Pty. Ltd. ABN 69 079 137 518
Convenience
No Software to Install
Business Banking Online is an Internet based service which means there is no software to install - you can do all your banking from within your current browser over the Internet, anytime and anywhere you have Internet access.
No Daily Limit on Funds Transfers
To meet the needs of our small business customers, BankSA Business Banking Online gives you the flexibility to pay suppliers and contractors - in fact, anyone - directly into their account. As a BankSA business customer, you can transfer any amount on a daily basis.
Account Information
Summary Information
At a glance, you can view a summary of the balances of all your linked accounts, and even print this information to keep as a permanent copy for your records. This information is up to the minute, and will include ATM and EFTPOS transactions that you make today, as well as any real time electronic credits processed today.
You can also view the consolidated position of all your linked accounts which reflects the sum of credit and debit balances of the accounts listed and the net position of these. For example:
Total Credit Balance - Total Debit Balance = Net Position
Transaction History
You are able to view transactions on your linked BankSA accounts for any period within the last 14 months. This includes your loan account, and overdrafts. This is an easy way to monitor payments from your accounts, such as, direct debits for utility bills, insurance etc, allowing you to manage your money much more effectively. Business customers can also check direct debits for suppliers, and whether an expected payment has been credited to an account.
In addition, you are able to export your transaction information into Personal Financial Managers, such as, Microsoft® Money or Quicken®, or into a spreadsheet, for permanent storage on your computer.
This feature will be particularly useful around tax time. If you have exported your transactions during the year, you will be able to see a full year's transactions at a glance. This saves you time and effort in the search for details of interest and taxes paid on these accounts during the financial year.
Compatibility with Financial Packages
Business Banking Online allows for customised formatting of account statement information to allow you to export the information to existing accounting systems.
Scheduled Payments
Periodic Funds Transfer
You can set up a regular or 'periodic' funds transfer through Business Banking Online, between your linked BankSA accounts or other third party accounts (at BankSA or another Australian financial institution). This is very handy if you find it difficult to get to a BankSA branch to make your loan repayments.
Periodic Bill Payments - BPAY®
You can also set up a regular or 'periodic' bill payment which is great if you have trouble remembering to pay those bills on time. This function will let you make regular bill payments to any Biller participating in the BPAY® scheme.
For example, you can set up a bill payment with Business Banking Online to make your monthly car or lease payment to a finance company. No more sending cheques or visiting the Bank, and you can cancel the payment request at any time.
Search for Information
You are able to search your transaction history and account information for any relevant data you may require. You can also search for Branch numbers and Branch addresses where relevant.
International Payment Services
Overseas Telegraphic Transfers
International Payment Services allows you to transfer funds overseas via telegraphic transfer, through BankSA Business Banking Online. To use these services, you must have selected 'yes' to the telegraphic transfer option when applying for Business Banking Online.
Real Time Gross Settlement Payments
RTGS allows you to transfer funds to any Australian bank account on a ‘real time basis’, i.e funds will arrive in the receiving account on the same day (depending on recipient institutions capabilities). For example, this functionality is ideal for transferring proceeds of property settlements on the day of settlement.
Make Payments to Creditors and Payroll
Pay creditors, employees or other 3rd parties by transferring funds to any bank account in Australia.
Payroll/Direct Entry Templates
To assist you in the creation of Payrolls and other Direct Entry files you can create and save up to 20 Payroll/Direct Entry files for later use.
Create Direct Entry files from 3rd Parties
To assist you in the creation of Direct Entry files you can add third party accounts into Direct Entry files by right clicking on the Direct Entry record and selecting the third party from the displayed list.
Search Functions
To allow for easier access to required information within Business Banking Online extra “search” functions are now available within many functions
Foreign Exchange Rates
Updated Foreign Currency Rates are now available in the menu of Business Banking Online.
Telegraphic Transfer Templates
Up to 1500 Telegraphic Transfer Templates can be saved.
Foreign Currency Accounts
The functions available to foreign currency accounts include statements, transaction history and account details. You can also complete an overseas telegraphic transfers (TT), transfer between foreign currency accounts with the same foreign currency as well as transfer between foreign currency accounts and certain Australian dollar accounts.
Documentary Letters of Credit
Apply for and/or amend Irrevocable Documentary Letters of Credit for your International business requirements. You also have the flexibility & control to have dual authorisation for your letter of credit applications and amendments.
View export/import transactions
Ability to view any outstanding export and import transactions.
Security
Browser Based Secure Online Banking
Browser based Online Banking means your banking is safe and secure with 128 bit encryption on all transactions and information.
Password Setting
You are able to change and reset passwords on all access at anytime - ensuring Business Banking Online remains secure.
Digital Certificates
This functionality allows another level of security for Business Banking Online, ensuring that the digital certificate is authenticated before any transaction can be completed.
Extended Validation Certificates
You can be confident you are on a secure BankSA website when you logon to Business Banking Online with a compatible browser and see a green address bar. View more details and how to upgrade if you cannot see the green address bar.
User Access Times
You can limit the times that your Users can log on to Business Banking Online by assigning them Access Times. This means the User can only log on and use Business Banking Online when you want them to. If you don’t mind when your Users log on, select ‘27 hr 7 days’ access. Just remember, the times are Eastern Standard times so make sure the times selected suit your time zone.
Control
Online Application Forms
You are able to download the application forms from Business Banking Online, complete and submit to your closest branch. There is no requirement to visit your branch to acquire the relevant forms.
Dual Authorisation of Transactions Allowed - Access Control
With BankSA Business Banking Online, you have the flexibility to set the operating authority for each of your accounts as one or two to authorise a payment.
Consolidated Reporting
At a glance, you can view a summary of the balances of all your linked accounts, and even print this information to keep as a permanent copy for your records. This information is up to the minute, and will include ATM and EFTPOS transactions that you make today, as well as any real time electronic credits processed today.
You can also view the consolidated position of all your linked accounts which reflects the sum of credit and debit balances of the accounts listed and the net position of these. For example:
Total Credit Balance - Total Debit Balance = Net Position
Maintain Accounts Lists
A new function has been added that will allow you to choose which of your BBO registered accounts are displayed on your desktop. This facility is similar to a favourites function.
Link to Personal Accounts
Customers are able to view their Personal account information within Business Banking Online
Multiple Company Access
To assist customers who have more than one company registered with Business Banking Online, a combined “global” view of all associated accounts in the multiple companies incorporating "real-time" transferring is available.
DE Audit Log
This feature gives you the ability to print a report that will show details of any amendments made to any of your Direct Entry payment files
Support
Working Hours Support Line 1300 554 004
For support on any Business Banking Online issues, feel free to contact our support centre on 1300 554 004, or speak with your relationship manager. The support centre is available 8:00am - 8:00pm (AEST), Monday to Saturday.
E-mail Support
For times when support is unavailable - feel free to e-mail a support centre representative at bbonline@banksa.com.au, who will get back to you as soon as possible.