NAB Payments from Xero
Here’s how it works: Once you’ve loaded your bills into Xero, it’s time to pay them from your bank account. But there’s no longer any need to manually download ABA files and upload them separately to your bank. Together with NAB, we’ve designed a more automated process that sends your payment instructions from Xero directly to NAB, Australia’s largest business bank.
You just approve the payments in a few steps on the NAB mobile app, whether you’re in the office or on the go. The payment is then recorded automatically in Xero, ready for you to reconcile. You can send payment instructions of up to $40,000, depending on your daily NAB limit.
Simply put, Xero NAB Payments enables small businesses to pay multiple bills quickly, seamlessly and securely. That leaves more time for your business, knowing that your bills have been taken care of and your suppliers have been paid.