Yes, you can choose the option of paying your account by bank transfer or cheque (cheque payments are only available to NZ based customers).
Both of these payment methods will generate an invoice when the sign up process is completed. Your site account will be created immediatley and you can begin using it straight away. We will expect the first invoice to be paid within 14 days, otherwise you run the risk of having your account disabled until payment has been made.
When making a payment by way of Direct credit, please make sure you add the invoice number as the reference on the payment.