Commonwealth Bank

Pay out and reconcile straight from your bank accounts.

Feature overview

2countries supported
4payment types
Encrypted file exchange (PGP)connection

What you get

Light pays out of your Commonwealth Bank accounts and reads the statements back. Payment files leave Light in the format Commonwealth Bank 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.

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

  • Pay suppliers, staff and tax from Commonwealth Bank in Australia, New Zealand.
  • Domestic account to account, Domestic account to account express, Domestic account to reference and 1 more — 4 payment types in all.
  • Connects over Encrypted file exchange (PGP).
  • Every payment carries its ledger reference, so the statement reconciles itself.

Where it is supported

  • Australia
  • New Zealand

Payment types

  • Domestic account to account
  • Domestic account to account express
  • Domestic account to reference
  • Int. Payment