Can you direct debit from a Commonwealth Savings Account?

Can you direct debit from a Commonwealth Savings Account?

A direct debit is a regular automatic payment set up on your eligible CommBank account using your BSB and account number. To do this, you will need to arrange a direct debit authority and supply the merchant or service provider with your card number, expiry date and three digit CVV number on the back of your card.

What is a SurePay plan?

SurePay is a way for customers to pay their monthly SRP Bills automatically through their checking or savings account.

How do I set up recurring payments on CommBank?

Recurring BPAY deposit via CommBank app

  1. Select ‘Pay’.
  2. Select ‘BPAY’.
  3. Select ‘Add new biller’.
  4. Enter the Biller Code and Customer Ref generated on your *BPAY Deposit details page > Enter Biller Nickname, this can be called CoinSpot > Then select ‘Next’.
  5. Enter the Amount > Select ‘Pay’.

Can I pay a bill with my savings account?

Typically, you can’t pay bills from a savings account. Savings accounts are for long-term storage, not short-term repeat transactions. They do not have an associated debit card or checkbook you can use to make purchases.

What is an unpaid payment fee Commonwealth Bank?

Commonwealth Bank. Hi Kellie, an unpaid payment fee applies when you have a direct debit or NetBank transfer which is dishonoured due to insufficient funds. To confirm exactly why you are receiving this fee on your account, please contact us on 132221, 24/7.

How do I use SurePay?

What we do. If you have your bills with you, just hand them to the SurePay teller and tell her how much you want to pay toward each bill. We’ll then give you a total amount and you can make your one payment!

Is it good to set up automatic payments?

You’re helping keep your credit score healthy. So auto-paying bills can help ensure you don’t miss payments that can potentially ding your score. And with a better score, lenders and credit card companies are more likely to offer you better terms, such as lower interest rates.

What is the best way to pay monthly bills?

How to pay bills on time

  1. Get organised. Get a folder and keep your bills in it.
  2. Choose a payment method that suits you.
  3. Check your bills regularly.
  4. Don’t let your bills get on top of you.
  5. Make sure you’re not paying too much.
  6. Pay online or phone banking.
  7. Other payment methods.

How do I make recurring payments to an individual?

Automatic payments are made with either a checking account or credit card, and in most cases, you’ll do this with the creditor or vendor directly, but it can also be done directly from your bank. When done with a credit card, automatic payments act simply as a recurring charge on your account.

How do I set up a Direct Debit on Netbank?

Step 1

  1. Log on to CommBiz and go to Receivables > Direct Debit.
  2. If you’ve saved any templates you can create a debit from them.
  3. You can schedule a debit by changing the Process on date.
  4. To make a new Direct Debit, enter account details or search for an account in Pay to.
  5. You can pay to and pay from more than one account.