New KPMG Agentic ERP, now available with KPMG in 140+ countries Read the announcement

Bank of New Zealand

Pay out and reconcile straight from your bank accounts.

Feature overview

01
1country
02
4payment types
03
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.

  1. 01Pay suppliers, staff and tax from Bank of New Zealand in New Zealand.
  2. 02Domestic account to account, Domestic account to account express, Domestic account to account high value and 1 more — 4 payment types in all.
  3. 03Collect by direct debit, not just pay out.
  4. 04Connects over Encrypted file exchange (PGP), File exchange.
  5. 05Every payment carries its ledger reference, so the statement reconciles itself.

Where it is supported

  • New Zealand

Payment types

  • 01Domestic account to account
  • 02Domestic account to account express
  • 03Domestic account to account high value
  • 04Int. Payment
Category
Banking
Countries
1
Channels
Encrypted file exchange (PGP), File exchange
Messages
Direct debits, Outgoing payments
Formats
CSV, ISO20022, MT103
Price
Included with Light