If I make a Direct Credit to an account at another financial institution, when will the funds be available in the recipient's account?

Direct Credits ’to’ and ‘from’ other financial institutions are not instantaneous. If you complete a Direct Credit via CommBiz to other Australian financial institutions before 7pm (Sydney time) on a business day, the funds will generally be available in the recipient's account on the next business day. If you make a Direct Credit via CommBiz to another Australian financial institution after 7pm (Sydney time) on a business day, or on a weekend/public holiday, it can take up to 2 business days to appear in the recipient's account.

If I make a Priority Payment to an account at another financial institution, when will the funds be available in the recipient's account?

Priority Payments enable you to make urgent same day payments to any Australian financial institution. If you complete a Priority Payment via CommBiz to other Australian financial institutions before 4pm (Sydney time) on a business day, the funds will generally be available in the recipient's account within 2 hours.