Paying business bills shouldn't be limited by whether a supplier accepts cards. We're excited to introduce External Transfers, a powerful new feature enabling you to seamlessly convert your Cape credit line into cash by transferring funds directly to your ANNA Money business account.
Transform how you pay business expenses
Australian businesses face a universal challenge: not every vendor accepts credit cards. From ATO payments to commercial rent, many essential business expenses require bank transfers. That's why we're thrilled to introduce External Transfers—a game-changing feature that lets you move Cape credit directly to your ANNA Money account, effectively turning your credit line into cash for any business payment.
Why External Transfers matters:
- Full Payment Flexibility: Settle any expense, whether it’s ATO payments, rent, supplier invoices, or professional services—without being restricted to card acceptance.
- Optimise Working Capital: Preserve your cash reserves and use Cape credit strategically for all business costs.
- Free ANNA Money Business Account: Every Cape Credit Card customer enjoys a 6 month free ANNA Money account, featuring instant BSB and account number, virtual cards, invoice management, built-in tax support and much more.
- Simplified Operations: Manage all business payments through one integrated system instead of juggling multiple payment methods.
How External Transfers work
Step 1: Set up your ANNA Money account
If you haven't already, sign up for your free ANNA Money business account at https://annamoney.au/services/business-account. Cape customers receive:
- Instant BSB and account number
- Virtual cards for online payments
- Invoice management system
- Built-in tax tracking
- No monthly fees
Sign up at https://annamoney.au/services/business-account if you haven't already.
Step 2: Initiate your transfer
Send your request to support@getcape.io including:
- Transfer amount
- ANNA account BSB and account number
- Brief description of the intended payment purpose
Step 3: Cape handles the rest
Our team will:
- Update your Cape ledger, recording "ANNA Payment (External Transfer)" for easy tracking
- Process the funds through our trusted banking partner
- Notify you immediately upon completion
Step 4: Funds available
Within 2 business days, your transferred funds appear in your ANNA Money account, ready for direct bank payments.
What can you pay?
External Transfers allow you to easily pay a wide range of expenses typically unavailable to credit card holders:
- Government & Compliance: ATO, ASIC fees, council rates, and licenses
- Property & Operations: Rent, utilities, insurance, and leases
- Professional Services: Legal, accounting, consulting, and marketing
- Suppliers & Vendors: Domestic and international trade partners, suppliers, and service providers
Fast facts
- Daily Cut-off: Midnight (processed next business day)
- Settlement Time: Funds received within 2 business days
- Security: Existing robust protections and agreements apply
Proven security and compliance
External Transfers uphold the highest standards:
- Existing agreements: No additional paperwork needed; your current Cape terms already cover external transfers.
- Business use only: Funds remain strictly for legitimate business expenses.
- Full transparency: Every transaction clearly tracked and documented for ease and accuracy.
Get started now
Ready to transform your business payments?
- Ensure your ANNA account is active or sign up at https://annamoney.au/services/business-account
- Plan your upcoming payments that need bank transfers
- Request your first transfer at support@getcape.io
- Easily monitor and manage funds in both your Cape and ANNA dashboards
External Transfers from Cape empower your business with unprecedented flexibility, ensuring you're never restricted by payment methods again. With a free ANNA Money account included, you have Australia's most innovative and integrated solution for all business payments.
If you have questions or want to explore more features, contact our team at support@getcape.io or book a demo today.
