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Update to Cleared Funds Processing
On Wednesday the 22nd of October we will be introducing new rules for cleared funds processing for transactions initiated by tenants using Credit Cards, BPay or POSTbillpay.
For POST Billpay and BPAY, if we receive the funds prior to the normal 3pm cut-off time, we will transfer the funds to you the same day.
For Credit Cards (MasterCard and Visa Card) if the transaction is processed prior to the normal 3pm cut-off time, we will transfer the funds to you same day.
Funds received or transactions processed after this time will be transferred on the next business day.
Please click here play a presentation for more information about the change and to find out more about this change and the new reports.
Please note, your speakers must be on, and for security purposes you will be required to enter your name before listening to this message.
Chat to you over coffee again soon!
For POST Billpay and BPAY, if we receive the funds prior to the normal 3pm cut-off time, we will transfer the funds to you the same day.
For Credit Cards (MasterCard and Visa Card) if the transaction is processed prior to the normal 3pm cut-off time, we will transfer the funds to you same day.
Funds received or transactions processed after this time will be transferred on the next business day.
Please click here play a presentation for more information about the change and to find out more about this change and the new reports.
Please note, your speakers must be on, and for security purposes you will be required to enter your name before listening to this message.
Chat to you over coffee again soon!
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