25 February 2018
Visit www.avoka.com

Bank of New Zealand launches small business Web banking service

28 November 2003  |  3348 views  |  0 Bank of New Zealand launches small business Web banking service

Bank of New Zealand has launched a Web banking service specifically designed for small to mid-size businesses.

The bank says its Internet Banking for Business service is aimed at businesses with ten staff or less, but can also be used by customers who require two signatories on an account, or need to make multiple payments.

Mike Skilling, general manager, business, Bank of New Zealand, says prior to the launch, many business customers used the bank's PC Banking product, which is geared toward large corporate organisations.

"Customers had to either fill in a number of different forms and fax them to us, or save the data onto a disk and then courier the disk to our processing centre, so this new service will save customers time, save them money and reduce the chance of error," says Skilling.

The service will enable small and mid-size business customers to provide staff with access to online services and define the authorisation level for each user. Customers can also set up a one-off template to pay bills and payroll on a regular basis.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

New Zealand police warn of new net banking scam

New Zealand police warn of new net banking scam

02 September 2003  |  7405 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comRegister for the webinarvisit www.swift.com/your-needs/instant-payments

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12667 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10834 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
9333 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8712 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
8636 views comments | 11 tweets | 14 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job