Hi pivotprosper,
Thank you for your post. I'd like to extend you a warm welcome to the Community forum. I hope you find it a great source of information.
Once you've set up electronic payments, you can pay your suppliers directly into their bank accounts. You'll do this by creating a bank file. From the prepare electronic payments window (this article is for Australian only, but you can also refer to this as it is the same process), click in the select column next to those payments you want to process. Then select Process (New Zealand). You can open the file in Excel and save it as a CSV file, or simply adjust the extension: bankfile.csv. You should be able to upload this to your bank. It's also crucial to reach out to ANZ Bank to obtain specific information on the file format and requirements they have for electronic payments.
I hope this helps! Please let me know if you require any further assistance with this. I'm happy to help.
Cheers,
Princess
