Bank accounts

Collect payroll-ready bank account details with built-in validation, so employees are paid correctly from their first pay run. Employees can split pay across multiple accounts with flexible rules for fixed amounts and percentages.

What's collected

• For each account: account name, BSB and account number.
• How pay is split across accounts, if more than one is allowed.

How pay splitting works

• Each account gets either a fixed dollar amount or a percentage.
• Fixed amounts are paid first, in the order the employee sets. Percentages share what's left and must add up to 100%. If there's only one percentage account, it's shown as "the remainder".
• At least one account must take a percentage, so every dollar of pay has somewhere to go.

Features

• BSBs are checked against the Australian BSB directory, which is refreshed regularly. The bank's logo and branch are shown so the employee can confirm it.
• Limit the total number of accounts and how many can be fixed or percentage accounts, through bank_details_configuration on your product. See Dynamically create products.
• Optionally restrict accounts to specific BSBs. Contact us to set this up.
• The onboarding session returns bank_accounts with each account's details, branch, order and split.
• Data is encrypted at rest and never leaves Australian borders.

Coming soon

• Confirmation of payee integration for certainty on payroll payments.
• Inline bank account origination.

Missing something? Get in touch and tell us what you need.