Benefits

Get paid on time

Debit funds straight from your customers' accounts.

Improve cash flow

Reduce the time and costs associated with chasing up late payments.

Reduce admin

Move away from handling cheques by automating periodic payments, like subscriptions.

Features

  • Forecast your cash flow with certainty of payment due dates.

  • Submit files up to 30 days in advance.

  • Import payment files from other accounting programs.

  • Same-day deposits for files received before our 4.30pm (AEST/AEDT) cut-off time.

  • Process up to 10,000 accounts in a single payment.

Rates and fees

In order to give you the pricing, we'll need to gather more information about you and your business. Enquire online or call us on 1300 338 767 to discuss the right price for you.

How to sign up

Step 1

Enquire online or give us a call to discuss your needs.

Step 2

We’ll have a chat about your business and set up your business to accept direct debit payments.

Step 3

Get permission from your customers to debit their nominated bank account.

Step 4

Generate and submit customer's bank account details along with the debit amount via NAB Connect.

Step 5

We debit your customers' bank accounts and credit your nominated business account.

Fraud protection

It's important to understand how to protect your accounts if accepting Direct Debits. Read our tips to help reduce the risk of Direct Debit fraud.

Business tips

Business calculators

NAB has a range of business calculators and tools, along with a national network of business bankers to help you.

Growing your business

Whether you’re hiring staff or securing financing, our tips can help you grow your business.

Customer credit application template

A way to help minimise bad debt for your business.

Related products

Business savings and term deposit accounts

Savings and deposit accounts designed for businesses. They're easy to use and will help you make the most of your extra cash.

NAB BPAY

Let your customers pay the familiar way, using their own financial institution’s telephone or online banking service.

NAB Connect

NAB Connect is a powerful online banking solution that gives you total control over your business.

Terms and Conditions
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Any advice on our website has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, consider whether it is appropriate for your circumstances and view the Product Disclosure Statement or Terms and Conditions available online or by contacting us. Credit applications are subject to credit assessment criteria. Interest rates, fees and charges are subject to change. Target Market Determinations for our products are available at nab.com.au/TMD. Products issued by NAB unless stated otherwise.

© National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686