Manage your business accounts online with Business Banking.
Dnister provides a tailored functionality for Business Banking called – Batch Transfers.
This features allows you to process a combination of transactions at the one time with multiple signatories on the business accounts.
For example a batch can be created by one signatory, but it will stay in a pending status until the second signatory logs in and applies the necessary authorisation.
This makes for a more secure mode of banking for any business.
The different level of access which can be set for each signatory is as follows:
- Batch View Only – allows a signatory to view a batch only
- Create & Update Only – allows for a signatory to create and update a batch but not approve or submit for processing
- Create, Update & Approve – allows a signatory to create, update and approve a batch but not submit for processing
- Full Access – allows a signatory to create, update, approve and submit a batch for processing
The batch functionality also allows members to upload and process a ‘cemtex’ or direct entry batch which has been created in a member’s accounting package (eg. MYOB, Xero or Quicken). This functionality is most ideal for accounts owned by businesses, groups, schools or organisations.