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

M&T Bank

Pay out and reconcile straight from your bank accounts.

Feature overview

01
1country
02
2payment types
03
File exchangeconnection

What you get

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

The format behind this entry is maintained and updated as M&T Bank changes it, so a format change is never your project.

  1. 01Pay suppliers, staff and tax from M&T Bank in United States.
  2. 02Domestic account to account, Int. Payment — 2 payment types in all.
  3. 03Connects over File exchange.
  4. 04Every payment carries its ledger reference, so the statement reconciles itself.

Where it is supported

  • United States

Payment types

  • 01Domestic account to account
  • 02Int. Payment
Category
Banking
Countries
1
Channels
File exchange
Messages
Outgoing payments
Formats
ACH
Price
Included with Light