Benefits for your business
Run your business more efficiently by accessing your card sales as soon as possible. Your cash flow will be optimised with same day access to settled funds seven days a week.
Don’t miss out on payments for late night sales
Not all businesses operate 9 to 5, so it's good to know you'll be able to access the funds from night time sales when you need them. Just settle by 9.30pm and you’ll see your sales on your statement by 11.30pm the same day (AEST/AEDT).
Get a better view of your business
With same-day merchant settlement, you can see your receipts and cash position more easily . You can transfer your funds to another account, pay your bills, staff and suppliers, and get a more accurate view of your cash position any day of the year.
Start benefitting today
If you already settle your transactions into a NAB account, you’re probably already seeing same day settlement.
If you don’t currently settle into a NAB account, we can help you set one up in no time at all.
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NAB eCommerce Merchant Account
Combine your gateway provider with a NAB eCommerce Merchant Account, so your transactions are submitted to us for quick authorisation and settlement.
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NAB Gateway
NAB Gateway is a total solution for all your online and virtual payments. We’re powering eCommerce payments for your business, with a world-class platform designed to make every transaction safe and easy.
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Contact us
Talk to a Transactional Banking Specialist
Let us help with your business banking needs, Monday to Friday, 8:00am to 6:00pm (AEST/AEDT)
24/7 Terminal support
Call us for terminal support 24/7.
eCommerce and Online support
Call us for NAB Transact support Monday to Friday, 8:00am to 8:00pm (AEST/AEDT)
Call us for NAB Gateway support 24/7.
Terms and Conditions
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Same day settlement' refers to the timing of us making funds visible and available to you.Interest accrual has not changed, and will still be calculated from when the money is posted into your account, not from when it is made visible.
This means that you can draw on your money as soon as you can see it in your account. If you complete transactions and settle on the weekend you can still draw on it, but it will not earn interest until the following Tuesday morning.
This article was originally published in Talking Shop Winter 2012.