Pay Together allows UBS clients to have payment orders entered in their accounting software by third parties such as their accountants and the files sent directly to the client’s E-Banking.

The payment solution at a glance

Convenient

Convenient

Uses tried-and-tested software

Secure

Secure

Transmitted using secure channels

Legally compliant

Legally compliant

Meets the requirements of the Anti-Money Laundering Act

Here’s how it works

  • The accountant receives invoices and enters them in their accounting software.
  • The payment files are sent automatically to the company’s E-Banking via UBS KeyPort.
  • The authorized person receives a notification and can check and approve the invoices.

This is more efficient, quicker and meets anti-money laundering requirements.

Requirements

  • The accountant needs a new UBS KeyPort agreement with limited rights. This is the case even when an existing UBS KeyPort agreement is already being used.
  • The client (principal) must confirm the accountant’s access to its accounts (for entering payment instructions and account reporting) via UBS KeyPort in a “power of attorney governing third-party items.”