Bank of Melbourne business banking

Bank of Melbourne offers a comprehensive Business Banking Online platform designed to streamline financial operations for businesses. Whether you're a sole trader, partnership, or company, this service provides a secure and efficient way to manage your business finances.

Key Features of Business Banking Online

Bank of Melbourne's Business Banking Online platform offers a range of features tailored to meet the needs of various business structures:

• Account Management: Manage multiple accounts, including transaction and savings accounts, with real-time access to balances and transaction histories.
• Payments and Transfers: Initiate same-day and overseas payments, set up direct debits, and schedule recurring transactions.
• Payroll Services: Efficiently process employee payments and manage payroll obligations.
• Financial Reporting: Download detailed financial statements and export transaction data for accounting purposes.
• Security Features: Utilize SecurID® tokens for secure login and transaction authorization, ensuring robust protection against unauthorized access.
• Customizable User Access: Assign specific roles and permissions to users, allowing for tailored access to banking functions based on responsibilities.
• Integration Capabilities: Import payment files and integrate with accounting software to streamline financial processes.

Getting Started with Business Banking Online

To access Business Banking Online, follow these steps:

1. Register: Ensure at least one person in your company is designated as a Company Administrator. This individual will have the authority to manage user access and company details within the platform.
2. Log In: Visit the Business Banking Online login page and enter your User ID and password. If you're logging in for the first time, you'll need a temporary password and a SecurID® token for activation.
3. Activate Security Device: Upon first login, activate your SecurID® token by following the prompts in the Security Centre. This step is crucial for securing your account.
4. Set Up Users: As a Company Administrator, you can add new users, assign roles, and set transaction limits to control access and permissions within the platform.

Support and Assistance

If you require assistance with Business Banking Online, you can:

• Contact the Business Banking Online Helpdesk at 13 82 66 (Mon-Fri: 8am - 8pm, Sydney Time).
• Visit the Help Centre for guides, FAQs, and troubleshooting tips.
• Refer to the Get Started Guide for detailed instructions on setting up and using the platform.

Additional Resources

For more information on Business Banking Online and its features, you can:

• Review the Business Banking Online and Payment Services Terms and Conditions for detailed information on services and fees.
• Explore the Business Banking page for an overview of products and services tailored to businesses.