NAB Payments

An integrated solution for outsourcing accounts payable. Suitable for companies issuing high volumes of cheque and direct credit payments with accompanying remittance advices.

You can access the NAB Payments solution via NAB Connect, NAB Direct Credit, NAB Direct Link or the National Online Corporate Service.

Benefits
  • Maximise resources – outsourcing the preparation, production and dispatch of paper based payments allows for more effective utilisation of internal resources.
  • Minimise accounts payable costs – reduce the expenses associated with the purchase of stationery for the production and mailing of cheques.
  • Minimise bank transaction fees – the use of NAB Corporate Bank Cheques and bulk payment files reduces fees applicable to your operating account.
  • Improve cash management and account reconciliation.
Features
  • One single electronic process for issuing both cheque and direct entry payments.

  • You can choose from three different methods for paying your accounts:

    • NAB Corporate Bank Cheque – we prepare and distribute a NAB Corporate Bank Cheque on A4 stationery incorporating a detachable remittance advice. The remittance advice may be personalised to include your business logo and other relevant details.

    • NAB Corporate Cheque – we prepare and distribute a NAB company cheque on A4 stationery incorporating a detachable remittance advice. The cheque and remittance advice may be personalised to include your business logo and other relevant details.

    • NAB Direct Credit – we process an electronic direct credit payment to your creditor’s bank account overnight Monday to Friday, excluding public holidays. We then post, email or fax a remittance advice to the beneficiary confirming the payment.

    • You can also include advice only instructions in your file

More information

Enquire online

Submit your enquiry to us online.

Enquire online

Call 13 10 12

Mon-Fri: 7am-9pm
Sat-Sun: 8am-6pm
(AEST/AEDT)

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