No – as the transfer is a one-off direct debit arrangement, daily limits aren’t applicable.

Some high interest savings accounts may not be appropriate as they do not accept direct debit. Check with your issuing account institution to find out.

If you bank with Macquarie, any of the below accounts will be able to accept an Auction Pay payment:
  • Cash Management Account (CMA)
  • Transaction Account
  • Savings Account
  • Home Loan Offset Account.

For more information, please visit DEFT Auction Pay.
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Thank you. If you’d like to provide further feedback about your recent experience, please head to our Feedback and Complaints page.

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