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The Benefits of using a Bank Payout
- Pay all Winners with one action
- Record who has been paid easily
- Improved Tracing of payments for Accountant/Treasurer
Important to note when using a bulk bank payout
- A Bank Payout will pay winners that have been allocated a Prize where the payout method has been set to Electronic Funds Transfer.
- Bank Payout must be used in conjunction with Requesting Bank Details from Exhibitors.
- Please consult with your Bank before using this option, as they may / may not support it. You will need a business account in order to use the bulk update.
- You must have Business Online Banking enabled in order to faciliate bulk bank payouts.
Payout Formats
- AIB is proven to support the XML payout option.
- A BOI EFT payout file is available with final testing in progress
- Other EFT formats can be requested via your Service Desk account
- Australian Bendigo Bank accepts csv format for EFT payouts
The Set Up
- Set up your Bank Payment Profile
- Set prize payout methods to EFT per prize
- Enable Bank Details to be requested with Exhibitor's entries
- IBAN Verification tool: Please raise a Service Desk request if you require IBAN Verification enabled - this is a paid service and is not available by default.
THE PROCESS IN SHORT
Enter Results -> Generate EFT .xml file -> Upload to Bank -> Get confirmation of successful payment from Bank -> Upload EFT .xml back into SuperShow to confirm amounts were paid in full.
Top Tips
- Pay all exhibitors at once after ALL results for EFT payouts are entered
- Creating multiple variations of your bank payout file will only add additional management strains
- Ensure your prizes are set to Electronic Funds Transfer (EFT) so that they are included in the payout
links below to page descendants
SEPA Originator Identifier Number (OIN)
These links are to help those trying to set up an OIN Number.
The following are forms, FAQs and guides provided by the banks online. For further information, please contact your Online Banking Manager.
The Originator Identification Number (OIN) is the responsibility of the Show / Treasurer / Online Banking person to create in order to use the Bank Payouts for Winnings.
LATE RESULTS ADDED
- If additional results are entered AFTER a payout file has been run and marked as paid, the next batch to be paid will include the new winners since the last payout.
LATE UPDATE OF BANK DETAILS BY WINNERS
- If the User's has logged back in to update/correct their bank account details on their Account, where previously, there were no details, they will then show in the next payout file.
- People who are already paid and have been mark as Paid, will not be included in the next payout file.