How do I set up a future or recurring transfer?

You can schedule a future or recurring transfer using NetBank or the CommBank app.

A recurring transfer can be set up to deposit extra money into your saving or home loan account each payday, or to make a regular payment to someone's account at another financial institution.

To set up a future or recurring transfer in NetBank:

  1. Log on and click ‘Transfers & BPay®’
  2. Complete your transfer details
  3. Under ‘Payment details’, select ‘Later’ or ‘Set up regular payments’, follow the prompts and click ‘Next’

To see upcoming scheduled transactions in NetBank, go to the ‘View accounts’ tab and select ‘Future transactions’.

To set up a future or recurring transfer between your accounts in the CommBank app:

  1. Log on, tap ‘Pay & transfer’, then tap ‘Transfer between accounts’
  2. Enter your transfer details and tap ‘Transfer’ at the top-right of your screen
  3. Tap ‘Transfer later’ or ‘Create a recurring transfer’ and follow the prompts

To see upcoming scheduled transactions in the CommBank app, tap ‘Accounts’, then tap your account, then under ‘Activity’ you can tap to see your scheduled payments.

 

Note: Scheduled transfers don’t replace any existing direct debit repayments that you may have set up.