All businesses could benefit from the ability to make same day payments, here are some of the most common use-cases:
Weekly wages: If you pay your employees weekly, you only have a short timeframe to collect and finalise timesheets before payday and you need to ensure you can pay out immediately.
Daily pay runs: If you run daily pay runs, and your customers (payees) rely on receiving payments immediately
Because it’s 2023: It feels more in-line with the modern fast moving world vs waiting a few days to have your payments sent.
For more information, check out our ultimate guide to same day payments.
You’ll need to become a Natwest Bankline customer to access higher limits including the option to make multiple payments in one go.
Becoming a Bankline customer comes with a new set of bank charges for your business. You get charged on a monthly basis. You can find updated Bankline charges here.
When having to make 100s of payments per month this can become expensive quickly.
Yes! We built Telleroo for businesses looking to make Faster Payments on a regular basis. Our web based system allows finance teams to make 100s of Faster Payments without being tied to any cut-off times. All our payments are same-day and go out immediately.
You could save £1,000 per month by using the Faster Payments option from Telleroo as opposed to Natwest Bankline.
Telleroo is automated payment software for finance teams making high volumes of supplier or employee payments. Processing payments with Telleroo is easier and faster than Corporate Banking systems.
Telleroo is designed for small to medium sized companies making payments to more than 50 payees per month. Our powerful payment platform doesn't require any training and gives you full control over your payment process. The system uses the Faster Payments network, so all payments go out immediately, 24/7 including bank holidays and weekends.
Sign up for Telleroo today to process supplier and payroll payments in minutes.
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