Unlike some other banks Commonwealth Bank provides same day settlement* on
the credit and EFTPOS sales your business makes, every single day - 7 days a
week, 365 days a year. Because you'll receive your merchant sales each day, you
can:
Save money faster
Start earning interest on your sales revenue from the day your sales are
made, even on your busiest days like weekends and public holidays.
Reduce reliance on short term loans to take care of business expenses,
helping to cut down on your borrowings and reducing interest costs.
Simplify reconciliation
Keeping track of your transaction history is simple because payments will
appear in your account on the
same day, rather than having to wait up until Tuesday morning to receive the
funds from your weekend sales lumped together in a single day.
Save time and stress by knowing where you stand financially at any time and
make informed decisions for your business.
Put your money to work faster
Access your money when you need it so you can pay staff over the weekend,
order stock or pay bills.
Negotiate with suppliers for early payment discounts because with faster
access to your revenue you'll be more likely to be able to pay on time.
To find out more talk to us today on 1800
730 554 1800 730 554 or email us here.
With our dedicated switching support team, switching is simpler than you
think. We can help build the right solution to match your individual business
needs. From ensuring you have the right accounts, setting up electronic banking
to giving you information on things you may want to consider from an
administrative perspective. We are happy to help you through the process.
Our flexible payment solutions make it easier for customers to pay you. We
offer the convenience of 24 hour support and settle funds from card payments to
your Commonwealth Bank business transaction account on the same day.
Integrate with your point-of-sale system
Integrate your EFTPOS terminal with your point-of-sale system to streamline
payment processing and eliminate errors. More
info
Accept payments in your shop
Offer your customers a convenient and simple way to make payments using all
major debit and credit cards. More
info
Accept payments on the move
Accept fast, secure card payments no matter where you are with our portable
EFTPOS service. More
info
Enhanced reporting with CommBiz
Commbiz provides detailed merchant
reporting allowing you to access transaction information online anytime,
anywhere, and export your transactions to a spreadsheet for your own analysis
and reconciliation.
Coming soon
Everyday Settlement will be available for payments made over the phone and
the internet by mid 2012. Find out more about these solutions.