What it can do for you

You’re working hard to meet your customers’ needs – and we’re doing the same for you. Our Business Online service is designed to streamline your banking.

Key benefits

Additional benefits

  • Make transfers and some payments until 11.30pm for same-day processing to other banks (Mon – Fri). Transfers to Westpac bank accounts occur immediately 365 days per year.
  • Select from a one-, two- or three-to-authorise rule for all online transactions
  • Manage access for multiple users – each user has an unique login ID and password and can have access restricted to only the accounts and functions they need
  • View account balances for up to 120 accounts – includes transaction, savings and loan accounts, business credit cards and foreign currency accounts
  • More efficient payments and transactions to anyone in New Zealand – make a single payment, automatic payment or create a direct credit schedule for multiple payees
  • Make International Payments from your New Zealand Dollar Accounts as well as your Foreign Currency Accounts, send money overseas in a selection of currencies and know the exact NZD value of your payments. See the demonstration.
  • Import payroll or creditor files from office payroll or your accounting package for processing
  • Export transaction information to common accounting packages

Take control with Business Online

Manage user access:

  • Assign different roles to users: Creator/Viewer, Authoriser or Administrator
  • Select single or dual administration. Dual administration requires a second administrator to authorise changes to user access to Business Online
  • Create access restrictions at account and function level
  • Create daily transaction limits
  • Allow third party Business Online users to access your account information, e.g. your accountant. Business Online Third Party Access

Manage your account authorisation:

  • Select from a one-, two- or three-to-authorise rule for all online transactions

 

Manage your payments and transfers

Plan your business cash flow and transfer funds

  • Make a payment today or schedule a payment or transfer up to 180 days in the future
  • Transfer money between accounts or to multiple accounts all in one transaction

Pay anyone using Business Online

  • Set up and authorise payments to anyone in New Zealand
  • Make single payments or set up automatic payments
  • Create a direct credit schedule for multiple payees e.g. payroll
  • Save multiple payment details as a payment template for future use
  • Make notes on transactions through Business Online for your future reference

International Payments

  • Send funds to payees overseas at the current rate of exchange
  • Send money overseas in a selection of currencies and know the exact NZD value of your payments
  • Make an International Payment 24 hours a day, 5 ½ days a week (between the hours of 8am Monday until 11am Saturday)
  • Make International Payments from your Foreign Currency Accounts as well as your New Zealand Dollar accounts
  • Save beneficiary’s details if you’re making regular payments to the same person
  • Send a confirmation email to the payee

Import payment files

  • Import payroll or creditor files from office payroll or accounting package for processing
  • Direct debit initiators can upload and authorise a Direct Debit file to debit NZ debtor’s accounts
  • Files can hold up to 3,000 accounts for payments or receipts

Pay your tax online

Make over 25 types of tax payments, including GST and income tax for:

  • your business
  • personal tax
  • your employees

Check on transactions to and from your accounts

  • For any period in the last 10 years
  • Up to the last 180 days for foreign currency accounts

Search your transaction information by

  • Account
  • Date
  • Amount
  • Serial number

Export your transaction information

  • Use one of 10 formatting options
  • Compatible with most common accounting applications
  • Or store permanently on your computer

Business Online import and export file format help

Download information on importing and exporting files in Business Online (PDF 250 kB)

 

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