Business Payments

Summary: 
  • Suncorp Business Payments gives your business the ability 24/7 to make credit payments via Internet Banking.
  • Suncorp Business Payments Credit enables you to transfer funds from your business account to multiple accounts and is useful for regular transactions such as payrolls.

Features

Transfer funds 24/7
  • Able to transfer funds to employees, suppliers and creditors with accounts at any financial institution in Australia and other accounts held by you.

Regular multiple payments
  • Set up payment transfers to multiple accounts
  • Useful for regular payments such as payrolls
Future-dated payments
  • Set up a payment to occur at a future date giving you greater flexibility in managing your funds
Large file size capabilities
  • You can process files containing up to 1,000 transactions
Reconciliation tools
  • Interface with most payroll and accounting packages
  • Check and trace payments simply and more efficiently
Set Account and Personal limits
  • Apply for an account and/or personal limit(s) to meet your business needs. You can specify a limit for how much money can be processed out of each of your accounts for business payments as well as assigning a personal limits to staff who may be processing business payments on your behalf.
  • Provides greater security and control of your account

Fees

The fee structure is tiered, with the fee per transaction you pay decreasing when you make more transactions of that type per month.

Transactions per month Fee per transaction
0-200 $0.20
201-500 $0.15
501+ $0.10