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Streamlined protection

eLockbox assigns your business an 'off system' BSB for the receipt of EFT payments so you don’t have to disclose your actual BSB and account number.

Each of your customers will be allocated a virtual account number that will double as their customer reference number, so their payments can be uniquely identified.

EFT payments are made directly to the dedicated BSB number and theallocated account number.

We then consolidate the total value of the EFT receipts received and process a bulk credit to your nominated account.

Business Benefits

eLockbox

Each of your customers are allocated their own unique reference number, so reconciling your accounts is simple and streamlined.

With one bulk credit entry for all transactions received in each exchange, at up to six credits per business day, your total number of transactions is reduced, saving you money.

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Important information

As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Merchant Agreement, Financial Services Guide and Operator and User Guides at our Merchant Support Centre.

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