CommBiz Fast Payment

  • Fast Payment is a CommBiz feature that lets you send money to most Australian financial institutions through the New Payments Platform (NPP).

    • A Fast Payment can be addressed to a PayID or BSB and account number
    • Money can be sent between participating domestic banks in less than a minute, 24/7, 365 days a year, in most instances
    • Make payments up to $150,000,000 AUD per transaction
    • Add a free text description up to 280 characters
    • Make your payment easier to recognise by including a unique payment reference, like an invoice number or purchase order

How do I make a Fast Payment?

How much does it cost to send a Fast Payment?

  • See the rates and fees section of the CommBiz Terms and Conditions for information about CommBiz fees.


  • NPP transaction data is provided in the BAI2, BTRS and BTRS Enriched Reports. See the CommBiz Reporting Guide for further information.


  • Do I need a PayID?

    PayID registration is optional. You can send payments to a PayID without having one yourself, and you can still use BSB and account number to receive payments if you'd like.

  • How many types of PayID are there? 

    There are four types of PayID:

    • Mobile number
    • Email address
    • Business number
    • Organisation ID
  • How do I register a PayID?

    CommBiz customers can only register for a PayID in NetBank or the CommBank app. However, in CommBiz you can use PayID to make a payment.

    For CommBank customers without CommBiz, discover how to register a PayID with a mobile number, email and business number.

  • Which CommBank accounts are eligible for PayID registration?

    There are a number of CommBank accounts which can be linked to your PayID.

    See eligible accounts

  • Can I send batch payments using Fast Payment?

    You can only make single Fast Payments at the moment. This will be available in the future.

  • Will Fast Payments be sent in real-time?

    Fast Payments are available 24/7, 365 days of the year and will typically be settled in under 60 seconds. Payments may be subject to checks and holds at the sending or receiving bank.

  • What goes in the Reference field?

    This is your own unique way of identifying any Fast Payments you make that can help identify and reconcile payments, like an invoice number

  • How do I save PayID details in my address book?

    For now, you’re not able to store PayIDs in the CommBiz address book. 

  • What’s next for Fast Payments?

    We’re focused on expanding the capability of Fast Payments in CommBiz e.g. to include batch and file payments. We’ll provide further updates as this work progresses. 

Things you should know

  • 1 Some BSB and/or account numbers of other financial institutions are not eligible to receive Fast Payments. In this instance, when processing a Fast Payment you will be advised to choose a different payment method.

    PayID® is a registered trademark of NPP Australia Limited.