Non-Cash Payments include; direct debits and credits , External Funds Transfers (EFTs) , and Auto Transfers.

Direct Debits

A direct debit is established by you with a third party (eg Telstra) for the automatic payment from your Account to the third party. It can be either a one-off or regular payment.

Benefits and Features:

• There is no need to arrange individual payments/transfers each time.
• No need to attend our branch or the third party.

Direct Credits

A direct credit is established by you with a third party (eg your employer) for the automatic credit of funds to your Account. It can be either a one-off or regular credit.

Benefits and Features:

• No need to arrange individual deposits/transfers each time.
• No need to attend our branch or the third party.

External Funds Transfers (EFTs)

An External Funds Transfer (EFT) is an instruction from you, performed either on PCaccess or at a branch, to send funds from your Account to an external Account at another financial institution.

Benefits and Features:

• Enables you to make individual payments/transfers to third parties without having to go to the third party, or our branches
• Funds can be transferred to an external Account in less than the usual time, via the Credit Union Irrevocable Payments System (CUIPS).

Auto Transfers

An auto transfer is a payment made by us upon your request, authorising us to make a payment of a specified identical amount from your Account to another Account at regular intervals for a defined period.

An auto transfer can be set up by yourself on PCaccess or by using a Auto Transfer Authority at any branch.

If an auto transfer is sent to an external Account then it is classified as an EFT.

Benefits and Features:

• There is no need to arrange individual payments/transfers each time.
• No need to attend our branch or the third party.