How long does it take to transfer my PayID?
Credit Union SA will place your PayID into a state of ‘transfer’ within one Business Day of the request being lodged. You will need to contact your new financial institution to find out their process and time frames for creating a new PayID.
What if I don’t create my PayID at another financial institution after asking for it to transfer?
- If the transfer is not successfully completed within 14 days of its status being changed to ‘transfer’, your PayID will remain linked to the financial account at the financial institution you were attempting to transfer from.
- If this happens, you will need to repeat the transfer process again by contacting your financial institution if you still want to link it to an account at a different financial institution.