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  • Australian businesses to gain faster access to $10 billion
  • March 24, 2012
  • Commonwealth Bank merchant customers are now benefiting from faster access to their money, with the Bank to provide businesses with same day access to approximately $10 billion* across weekends and public holidays over the next twelve months. Everyday Settlement has been successfully introduced to over 100,000 merchants who now get same day access to their funds, seven days a week, 365 days a yea

    Commonwealth Bank is the only bank to offer same day, every day settlement together with the benefits of real-time banking for its merchant customers.

    Everyday Settlement ensures that funds processed through merchant terminals are deposited in a business’ linked Commonwealth Bank transaction account by midnight same day, every day. This gives businesses far greater access and control of their money, enabling them to make use of their money without having to wait until a weekend or public holi...
  • View more at: http://www.1888pressrelease.com/australian-businesses-to-gain-faster-access-to-10-billion-pr-384455.html