PayID payments are processed same day that the funds have been receipted from your bank.
For all other payments, if your payment is finalised on the Signature Business Rewards platform by 5:30pm AEST/AEDT on a business day:
• Payments made to other payees via bank account will settle in up to 3 business days
• Payments made to other payees via batch payment will settle in up to 3 business days
• Payments made to other payees via credit card will settle in up to 4 business days
• Payments made to BPAY payees via bank account will settle in up to 4 business days
• Payments made to BPAY payees via credit card will settle in up to 3 business days
Please give yourself extra time if making a payment with a specific deadline i.e. ATO or Superannuation, and be aware of the impact of dishonours (especially on weekends or public holidays).
Please also be aware that any payment made after 5:30pm AEST/AEDT on a business day may incur an additional day of processing time.
Articles in this section
- Why is an ABN required when making Payments?
- Do I get a tax invoice for a Program Fee?
- When Am I Charged For A Program Fee?
- Why can payments only be made to Australian registered businesses with a valid ABN?
- What should I do if I overpay for a Bill?
- What do I do if a Payment is not received by the Payee?
- How secure are payments on Signature Business Rewards?
- Can I pay any Bill on Signature Business Rewards
- Is there a limit to the amount I can pay for a Bill?
- Can I pay multiple Payees in one transaction?