EECU can initiate automatic payments from your account. You can set payments to be made once only, weekly, fortnightly, monthly or annually to an individual or company account at EECU or another Australian financial institution.
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Uses for periodic payments include:
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- Repayment of EECU loans.
- Regular transfers to other saving accounts within EECU.
- Payments to an account of a third party (e.g. for rent, school fees) at another financial institution.
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- Payments are made automatically.
- Payments can be stopped or altered at any time by contacting EECU.
- Members can set up payments in internet banking or we can set it up for you.
- Members can alter or delete payments in internet banking (excluding EECU loan repayments).
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If there are insufficient funds in your account on the due date, EECU's system will attempt to make the payment for the next 5 times. Your payment may still be made in the event of a delay on the funds being deposited to your account.
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Review EECU's Everyday banking General information and Terms and Conditions.
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