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When should I use batch payments?

Batch Payments within internet banking have many features which can help you better manage your day-to-day business banking payments incliuing to: 

  • Create both manual and imported Cemtex (.aba file) batches.
  • Display Cemtex batch transactions as a single summary transaction with the ability to review using the batch history feature.
  • Schedule batches to process at a later date.
  • Add internal, external or BPAY transactions to manual batches.
  • Add internal and external transactions to Cemtex batches.
  • Re-process an entire manual batch.
  • Re-process just the failed transactions in all batches.
  • Define a specific number of approvals required before a batch can be processed.
  • Setup different levels of access for each individual signatory.
  • Track each stage of the batch creation and approval process and can be audited to 
    determine which signatory performed which actions and when.