15 April 2024
We have been notified that cheque services for selected financial institutions (FIs), some of which are our Bank@Post partners, will change from Monday 27 May 2024.
As a result, from 17 May 2024, changes will apply to cheque acceptance at Australia Post.
Impacted Bank@Post financial institutions:
Bank of Sydney Ltd
AMP Bank Limited
Australian Military Bank Ltd
Bank Australia Limited
Community First Credit Union Limited
Credit Union Australia Ltd (t/as Great Southern Bank)
Defence Bank Limited
Members Banking Group Limited t/as RACQ Bank
Rabobank Australia Limited
Teachers Mutual Bank Limited
Police Bank Ltd
Australian Mutual Bank LTD
Australian Unity Bank
AWA Credit Union Limited
BNK Banking
Central West Credit Union
Family First Credit Union
FIRST OPTION BANK LTD
G&C Mutual Bank
Illawarra Credit Union
Macquarie Credit Union
MyState Bank
Northern Inland Credit Union
People’s Choice Credit Union
Police & Nurses Limited
Police Credit Union
Queensland Country Bank
Regional Australia Bank
Transport Mutual Credit Union
Unity Bank Limited
Woolworths Employees' Credit Union
For customers of our Bank@Post partners this mean that:
- we will be unable to deposit cheques issued from these FIs into an account via the Bank@Post service.
- cheques from these FIs can no longer be accepted at Australia Post for the payment of accounts, such as a Post Billpay account.
- importantly, Bank@Post cash transactions for these FIs remain available.
As the cheque industry continues to evolve, further changes may occur as financial institutions assess their cheque service strategies. We encourage you to speak to your financial institution about any change in services that may impact you.
For more information, please speak to a team member.
Please contact your:
- financial institution or cheque drawer / issuer for assistance with cheque services and available Bank@Post services.
- agency biller for BillPay enquiries including alternative methods of payment.
