Same Day Settlement

Get your EFTPOS funds settled to your BankSA business transaction account 365 days a year*

BankSA Same Day Settlement allows you to access your BankSA EFTPOS terminal's settlements on the same day, 7 days a week including weekends and public holidays.

Don't wait until Monday

If your business trades daily, including weekends, don't wait until Monday to receive your weekend EFTPOS settlements. Switch to BankSA now to receive your EFTPOS funds on the same day, every day of the year.

What are the benefits of Same Day Settlement?

  • Improved cash flow
  • Access to funds, 7 days a week - pay suppliers, pay staff or place orders
  • Simplify reconciliation – keeping track of payments is made easy as payments will appear in the your account on the same day
  • Get a better understanding of your financial position at any time

*Eligibility

Settle your BankSA EFTPOS terminal into a BankSA Business transaction account before 9PM Sydney time. (Terminals can only be settled once in a 24 hour period). Excludes UnionPay transactions.

Important information

Applications for merchant facilities are subject to approval. Conditions, fees and charges apply.

You can only settle a BankSA issued EFTPOS terminal once within a 24 hour period. Settlement can take place 7 days a week, 365 days a year - subject to system maintenance and availability.