Employer superannuation contributions – paying super for your staff
Employers need to make Super Guarantee (SG) contributions for eligible employees at least 4 times a year. With Nationwide Super it’s simple and easy to make employer superannuation contributions – simply use your existing clearing house solution, or the whole process can be managed online through EmployerAccess.
If you have employees that are not members of Nationwide Super, and don’t already have an existing clearing house service, we’ve partnered with SCH Online* to offer you a free ‘clearing house’ solution – where you make one super contribution for all your employees, regardless of which fund their super is with, and we’ll take care of the rest!Click here for more about SCH Online
For regular super contributions to us, the following payment method is encouraged for our contributing employers:
Telephone and Internet Banking – BPAY®
BPAY is the quickest and easiest way to pay contributions to your employees’ Nationwide Super accounts.
Using telephone or internet banking from your bank or financial institution, it takes just a few simple steps to make a payment from your business cheque, savings, debit, or transaction account.
- Log on to phone or internet banking provided by your financial institution and select BPAY payments
- Nominate the account you want the contribution to come from (credit card accounts are not permitted)
- Enter the Biller Code shown below and your business’ unique Biller Ref/CRN
- Enter the payment amount and submit the transaction
NOTE: Employers who were making contributions to Nationwide Super before 1 December 2018 via BPAY should note that your CRN has changed. Please login to your online account to see your new CRN.
|Biller Name:||Russell Investment Master Trust|
|Customer Reference Number (CRN):||Please login to EmployerAccess or contact Nationwide Super on 1800 025 241 to obtain your unique CRN|
® Registered to BPAY Pty Ltd ABN 69 079 137 518
Please note that your financial institution may apply payment limits; payment may take up to 2 days to be received by us, depending on the cut-off time for your financial institution.
All contributions need to be accompanied by a Contribution Summary to confirm the payment details. Again, the simplest way to do this is online with EmployerAccess. You can also view your transaction history, update your contact details and add or delete employees online.Click here for EmployerAccess
If you would like more information on making contributions or other matters, simply get in touch.