1. Internet Banking for Business includes most of the functionality available in Internet Banking with the addition of direct credit (including payroll) and direct debit transactions. Direct credits (including payroll) are payments to one or more accounts in a single transaction i.e. one debit from your account and multiple credits to other accounts e.g. a payroll transaction. Internet Banking for Business enables you to make such payments using a template, comprising up to 2,000 payees, or a file with up to 99,998 transaction items.Direct debits are collections from one or more accounts in a single transaction i.e. one credit to your account and multiple debits from other accounts.2. With Internet Banking for Business you can set up Users with different access levels and specify how many people are required to authorise transactions.
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