FAQs
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What are the payment processing times?
Processing times for Australian payments depend on when and how it was sent, and may be affected by scheduled maintenance, outages, or factors beyond our control (e.g. other financial institution).
The table below shows typical processing times for a Westpac customer making a payment (‘payer’). These timings are a guide only and may vary in some situations, including where additional checks are required or where other financial institutions process payments differently.
Osko®, Pay Anyone or Funds Transfer*
| Received | Interest and fees calculation on Westpac account | |
|---|---|---|
| Osko®, Pay Anyone or Funds Transfer* to a Westpac account on a Business Day | Immediately | Same day for payer and payee |
| Osko®, Pay Anyone or Funds Transfer* to a Westpac account on a non-Business Day | Immediately | Next Business Day for payer and payee |
| Osko® to other Australian banks on a Business Day | Immediately | Same day |
| Osko® to other Australian banks on a non-Business Day | Immediately | Next Business Day |
| Pay Anyone to other Australian banks before 6pm^ on a Business Day | Same day | Same day |
| Pay Anyone to other Australian banks after 6pm^ on a Business Day, or on a non-Business Day | Next Business Day | Next Business Day |
BPAY®
| Received | Interest and fees calculation on Westpac account | |
|---|---|---|
| BPAY® before 6pm^ on a Banking Day | Same day | Same day for payer and payee |
| BPAY® after 6pm^ on a BPAY Processing Day, or on a non-Banking Day | Next Banking Day | Next Business Day for payer, next Banking Day for payee |
Real Time Gross Settlement (RTGS)
| Received | Interest and fees calculation on Westpac account | |
|---|---|---|
| RTGS payment before 3pm^ on a Banking Day | Same day | Same day |
| RTGS payment after 3pm^ on a Banking Day, or on a non-Banking Day | Next Banking Day | Next Banking Day |
* Transfer between our eligible Westpac accounts that are accessible through Online Banking. BT Invest, BT Cash Management and BT Panorama accounts will take up to 3 Banking Days.
^ Sydney time
Note: Make sure you have sufficient cleared funds on the day your payment is due to be processed. If a payment is rejected, it will appear in your Payments list with a rejected status. You can also check the status of future-dated payments here.
BPAY® and Osko® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.