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ANSWER ID:9195

This support note This page provides the cut-off times for transaction processing using M-Powered services. This information is correct as at 22/08/2011. Please check our website to confirm these details.

 

Payments and transfers

The following cut-off times apply to payments and transfers made through M-Powered Services. Payments and transfers made prior to these times will be effective that day. If submitted after these times, on weekends or on public holidays, payments and transfers will be processed the next business day.

M-Powered Superannuation 

  

Employee contributions 

3:30pm each business day 

M-Powered Payments 

  

Commonwealth Bank customers 

5:30pm each business day 

Westpac customers 

4:45pm each business day 

ANZ customers

4:45pm each business day 

All other banks 

5:30pm each business day 

 

The following cut off times applies to customer payments made through M-Powered Invoices. Payments made prior to these times will be effective that day. If submitted after these times, on weekends or on public holidays, payments will be effective the next business day. Payments are sent to you on the day following the effective date.

M-Powered Invoices

 

Postbillpay

5:00pm each business day

BPay

6:00pm each business day

Credit Card by internet

9:00pm each business day

Credit Card by phone

9:00pm each business day

 

Statement information

Bank statement information is available each day following a business day. For example, Monday's statement information is available Tuesday morning.

M-Powered Bank Statements 

  

Bank statement information 

9:00am each day following a business day 

 

Advice notification

Every business day MYOB Australia provides an email notification of all payments made by customers the prior day. For example, information on payments made on Tuesday will be in the Payment Advice delivered Wednesday.

M-Powered Invoices 

  

Payment Advice 

3:30pm business days
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