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Commonwealth Bank

Pay out and reconcile straight from your bank accounts.

Feature overview

01
2countries supported
02
4payment types
03
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.

  1. 01Pay suppliers, staff and tax from Commonwealth Bank in Australia, New Zealand.
  2. 02Domestic account to account, Domestic account to account express, Domestic account to reference and 1 more — 4 payment types in all.
  3. 03Connects over Encrypted file exchange (PGP).
  4. 04Every payment carries its ledger reference, so the statement reconciles itself.

Where it is supported

  • Australia
  • New Zealand

Payment types

  • 01Domestic account to account
  • 02Domestic account to account express
  • 03Domestic account to reference
  • 04Int. Payment
Category
Banking
Countries
2
Channels
Encrypted file exchange (PGP)
Messages
Outgoing payments
Formats
APCA, BPAY, CSV, ISO20022
Price
Included with Light