New Payment Method - ANZ Customers

New Payment Method - ANZ Customers

New Payment Method Coming- ANZ Fileactive Service

ANZ will be decommissioning the use of payroll letters of credit (PLOC’s) later this year.

Therefore we are creating a new payment method for our ANZ customers which uses ANZ’s Fileactive service.  The Fileactive service is a direct connection between iPayroll and ANZ, which initiates payroll transactions directly from the cleared funds in your bank account on your behalf.  The Fileactive service ensures we can continue to manage the net payments to your staff on a same day confirmation deadline, regardless of the payroll value. 

You will need to ensure there are sufficient available funds in the bank account by the 3pm cutoff, so that when the payroll file is automatically sent to ANZ at 3.45pm for processing, it is not rejected. 

In preparation for your change to the ANZ Fileactive service, please arrange for the ANZ Third Party Authorisation form to be signed, found under Setup > Onboarding > ANZ Third Party Authorisation Form

ANZ will validate the signatures on the form against their own account records so please ensure the correct signatories sign the form. If the bank account requires dual signatories, then both parties will need to sign the form.

Please send the signed form to documents@ipayroll.co.nz at your earliest convenience.

Please let us know if you do not wish to use ANZ Fileactive service so we can discuss the other payment method options available to you.

If you have any questions, please contact Sharon Bailey on 04 890-6541 or via email  sharon.bailey@ipayroll.co.nz   



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