If you need to pay regular bills, consider direct debits so you wonât have to worry every time a bill is due.
You can also direct funds from your salary, pension, share dividends or regular payments from other banks to your BankVic account by setting up direct credits.
Pay your regular bills (i.e. gas, electricity, rates or phone) through a direct debit and allocate portions of your payroll deposit to different accounts. Our service enables you, after making arrangements directly with your supplier, to pay your bills automatically from your nominated at-call account.
All you have to do is arrange the direct debit with the supplier and all your direct debits will be drawn from your account on the due date, with all your payments automatically recorded on your account statement.
An automatic direct debit can only be deducted from an at-call account, so make sure the nine-digit number you provide is for your preferred account, eg Everyday.
Most organisations that provide services such as gas, electricity, rates or phone are usually more than happy to accept direct debit arrangements.
To commence using this convenient bill payment service from your account, you (or your authorised signatory) simply need to complete and return a direct debit authority form from the biller organisation to be paid .
Make sure you have the available funds in your account on the due date. In the event you have an enquiry or dispute regarding a direct debit transaction, we can advise you if the transaction was processed or dishonoured however you should contact the biller organisation that's holding your direct debit authority with other queries.
To cancel a direct debit authority or stop an individual direct debit transaction, you should contact either the biller organisation or us or both.
It is up to the biller organisation to stop drawing on your account, however we can sometimes take steps to ensure this happens. please contact us and let us know if you are cancelling a direct debit.
You can direct credits from your salary, pension, share dividends or regular payments from other banks to your account.
When organising a direct credit to an account, you'll need to provide your supplier with the following information:
If you wish to allocate portions of your payroll deposit to different accounts, you'll need to contact us.
If you wish to make changes to an existing payroll deduction, you will need to do this with your employer. For reasons of security and confidentiality, only the person whose salary is being paid into the account is authorised to make alterations to the allocation or to be provided with details of the salary. No other signatory to the account will be able to obtain this information.
This advice is general, so it may not be right for you. Before acting on the advice you should consider whether the advice is appropriate for you. Before you make any decision to acquire a At-Call Savings Account you should obtain and consider the relevant Product Disclosure Statement available from our website, any branch or by calling us on 13 63 73
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