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An example of a periodic payment is a home loan or personal loan repayment. This may sound similar to a direct debit, however, direct debits are arrangements made between a member and a business that authorise the business to deduct agreed amounts from a nominated account.
These are easy to set up and manage yourself through either Internet Banking or the Mobile App.
Once you set up periodical payments you never need to worry about remembering due dates. Just remember to contact our Member Banking Specialists if any biller details change, or if you have finished paying an agreement.
Please note: We will receive commissions when you make payments using BPAY. We receive an amount of $0.55 per transaction.
