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EFT - Electronic Funds Transfer

Payroll Services

All your EFT's are just a click away

Bendigo Bank provides a bulk electronic funds transfer service.

If you require more information, send us an email.

Or call us on 1300 720 356.

 


Bendigo Bulk Payments

Direct Crediting is the electronic payment of credit funds between bank accounts within Australia. Direct Crediting using our Bulk Payments product is suitable for Business Customers seeking to process multiple EFT payments at any one time.

The most common uses for Direct Crediting are:

  • payment of salaries
  • payments to creditors
  • payment of share dividends.

Applications for Bulk Payments are subject to terms and conditions. Fees and charges apply.

Bulk Payments


Bulk Payment Fees
Establishment Fee

$99 (per facility)

Processing Fees  16.5 cents per transaction
* Above fees are GST inclusive

Bulk Payments system requirements

  • ABA file creation software# (most accounting and payroll packages enable user to create file)
  • Microsoft Internet Explorer 5.5 (or greater) or Netscape 7 (or greater).

The above are minimum system requirements to use Bulk Payments.

# Bendigo Bank can provide ABA file creation software (if required)

More information

Download the Bulk Payments Fact Sheet and Instruction Manual below:

Bulk Payments Fact Sheet - Approx. 46Kb
Bulk Payments Instruction Manual - Approx. 1.90Mb

If you require more information, send us an email.

Get Acrobat ReaderThe above documents are available as a PDF document which can be viewed and printed using Adobe Reader®. If you do not have Adobe Reader®, simply click the Get Adobe Reader button to download a free version from the Adobe website.
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As the information in the website has been prepared without taking into account your objectives, financial situations or needs, before acting on the information, you should consider how appropriate it is having regard to your objectives, financial situations and needs. All rates subject to change.