Payment Facilities
What are Direct Credits?
Setting up direct credits is a smart way to manage your money. Direct credits allow you to have funds paid directly into any of your Credit Union SA accounts from any external source. For instance, this could be your pay, a tax refund, share dividends, superannuation, social security payments or foreign pension etc.
The funds are available immediately and you save money on transaction fees associated with other transfer methods such as cheques, money orders and cash deposits. It’s just smart business really!
Splitting of credits
It’s also easy to arrange for your regular direct credit payments to be split up and credited to more than one of your Credit Union SA accounts (e.g. Home Loan repayment, Christmas Savings account).
Simply let us know what your requirements are.
What are Auto Transfers ?
These are regular transfers made from a transaction or savings account to either yourself or a third party. You can preset the payments to occur weekly, fortnightly, monthly or quarterly for an indefinite or set number of occurrences.
You can set up an auto transfer from a range of savings accounts and payments can sent by cheque (posted to an address you nominate) or to a BPAY biller.
Auto transfers can be arranged yourself via internet banking or by giving us a call.
For further information call our member service centre on 8202 7777 or visit your local branch.
This is a FREE service, but fees and charges may be applicable in some circumstances.View our fees and charges and Conditions of Use - Electronic & General Access Services for further information about Payment Facilities with Credit Union SA.
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