Bank of New Zealand

Pay out and reconcile straight from your bank accounts.

Feature overview

1country
4payment types
Encrypted file exchange (PGP)and 1 more channel

What you get

Light pays out of your Bank of New Zealand accounts and reads the statements back. Payment files leave Light in the format Bank of New Zealand expects and the statement returns to the same ledger line, so nobody is uploading a payment file by hand or ticking off a bank statement at month end.

4 maintained formats sit behind this one entry — one per country, channel and message type Bank of New Zealand supports — and they are updated as the bank changes them, so a format change is never your project.

  • Pay suppliers, staff and tax from Bank of New Zealand in New Zealand.
  • Domestic account to account, Domestic account to account express, Domestic account to account high value and 1 more — 4 payment types in all.
  • Collect by direct debit, not just pay out.
  • Connects over Encrypted file exchange (PGP), File exchange.
  • Every payment carries its ledger reference, so the statement reconciles itself.

Where it is supported

  • New Zealand

Payment types

  • Domestic account to account
  • Domestic account to account express
  • Domestic account to account high value
  • Int. Payment