You can send money to another Australian bank or financial institution in Australia using the Pay someone function in internet banking or the mobile app.
From the main menu, go to Transfer/Pay > Pay someone. You can send money to:
- A saved payee (someone you've paid before and saved their details)
- A new payee, using a BSB and account number
- A new payee, using a PayID
- Another P&N Bank account, using a PayID or BSB and account number
Information about each additional field:
- Payee nickname (optional): Tick 'Add to Favourites' to save the payee’s details for future use.
- Description: Add a note to help you identify the payment on your statement.
- Reference (optional): This will appear on the payee’s statement.
Using saved payees:
To transfer money to a saved payee, just select their name from your favourite payees list. You can sort the list by payee name, account name, or last payment date, or search for a payee by clicking the search icon in the top right corner.
Remember, transfers between different financial institutions can take up to 48 business hours. However, if the receiving bank accepts Osko payments, your funds could be sent and received in minutes.