Please refer to the table below to see payment cut off times and processing dates for each transaction type. It’s important you check your account terms and conditions to see what transaction type(s) are available for you.

Valid transaction requests must be submitted by the times outlined below to ensure same day processing. If a request is unclear, incomplete or requires additional information, we may not be able to process it on the same business day.

All times in the table below refer to Sydney time.
Transaction TypeCut off timeProcessed by us
Internal Transfers made via Electronic Banking between your Macquarie Transaction, Offset, Savings and Home Loan (BSB starting with 182) accounts n/aImmediately
Internal Transfers made via Electronic Banking between your Macquarie Home Loan (that doesn’t have a BSB starting with 182) or Macquarie Cash Management Account to another Macquarie accountn/aPayments made on a business day will be processed on the same day

Payments made on a non-business day will be processed on the next business day
Pay Anyone Payment from your Macquarie account to an account held with another Australian bank for payments processed via direct entry or made to a recipient you've never paid before5pm on a business daySame business day1
After 5pm or on a non-business dayNext business day1
Pay Anyone Payment from your Macquarie account to an account held with another Australian bank for payments processed via NPPNPP Payments are available 24 hours a day, 7 days a week

There’s no applicable cut off time		Immediately, as long as the account you’re paying is NPP enabled

You can contact the receiving bank for more information
PayID Payments from your Transaction, Offset (with a BSB starting with 182) or Savings Account to another Australian bank AccountPayID Payments are available 24 hours a day, 7 days a week

There’s no applicable cut off time		Immediately
BPAY® from your Macquarie account
5pm on a business dayProcessed and treated as received by the Biller on same business day2
After 5pm on a business day or on a non-business dayProcessed and treated as received by the Biller on the next business day2
Schedule a Pay Anyone Payment or BPAY® payment from your Transaction, Offset and Home Loan (BSB starting with 182) or Savings Account5pm the day before the payment is scheduled to be madePayments scheduled for a business day will be debited to your account on that day1

BPAY® payments will be treated as received by the Biller on the same day2
Payments scheduled for a non-business day will be debited to your account on that day1

BPAY® payments will be treated as received by the Biller the following business day2
Schedule a Pay Anyone Payment or BPAY® payment from your Macquarie Home Loan5pm the day before the payment is scheduled to be madePayments scheduled for a business day will be debited to your account on that day1

BPAY payments will be treated as received by the Biller on the same day2
Payments scheduled for a non-business day will be debited to your account on the following business day1

BPAY® payments will be treated as received by the Biller the following business day2
Schedule a Pay Anyone Payment or BPAY® payment from your Macquarie Cash Management Account5pm the day before the payment is scheduled to be made

Payments scheduled for a business day will be debited to your account on that day1

BPAY® payments will be treated as received by the Biller on the same day2
Pay Anyone Payments scheduled for a non-business day will be debited and processed on the previous business day1

BPAY® payments scheduled for a non-business day will be debited to your account and be treated as received by the Biller on the following business day2
Modify a scheduled Pay Anyone Payment or BPAY® payment from your Macquarie Home Loan or Macquarie Cash Management Account

(Note: We're unable to process a request to modify or cancel an immediate payment once you have authorised the payment in Macquarie Online or Mobile Banking)		11pm the day before it is scheduled to be madeImmediately
Modify a scheduled Pay Anyone Payment or BPAY® payment from your Macquarie Transaction, Offset and Home Loan (with a BSB starting with 182) or Savings Account

(Note: We're unable to process a request to modify or cancel an immediate payment once you have authorised the payment in Macquarie Online or Mobile Banking)		11:59pm the day before it is scheduled to be madeImmediately
Cancel a scheduled Pay Anyone Payment or BPAY® payment from your Macquarie Home Loan

(Note: We're unable to process a request to modify or cancel an immediate payment once you have authorised the payment in Macquarie Online or Mobile Banking)		3pm the day before it is scheduled to be madeImmediately
Cancel a scheduled Pay Anyone Payment or BPAY® payment from your Macquarie Cash Management Account

(Note: We're unable to process a request to modify or cancel an immediate payment once you have authorised the payment in Macquarie Online or Mobile Banking)		11pm the day before it is scheduled to be madeImmediately
Cancel a scheduled Pay Anyone Payment or BPAY® payment from your Macquarie Transaction, Offset and Home Loan (with a BSB starting with 182) or Savings Account

(Note: We're unable to process a request to modify or cancel an immediate payment once you have authorised the payment in Macquarie Online or Mobile Banking)		11:59pm the day before it is scheduled to be madeImmediately
Transfer through Real Time Gross Settlement (RTGS)For a Macquarie Transaction, or Savings Account: 12pm on a business daySame business day
For a Macquarie Cash Management Account: 12pm on a business day
For a Macquarie Home Loan or Offset with a BSB starting with 182: 2:30pm on a business day
For a Macquarie Home Loan or Offset with a BSB starting with 183:
11am on a business day
Bank chequesLodged by 9am on a business dayCollect after 11:30am on the same business day
Lodged by 12pm on a business dayCollect after 2:30pm on the same business day
For a Macquarie Home Loan with a BSB starting with 182: lodged by 3pm on a business dayCollect 2 hours after form submission on the same business day
Overseas transfers

You can access overseas transfers via OzForex Limited ABN 65 092 375 703 AFSL 226484 (OFX)

You can register and view the terms and conditions for this service online at internationalmoneytransfers.com.au		12pm on a business daySame business day

Delays in processing a transaction

Delays may occur in processing a transaction due to the following scenarios:
  • the transaction or instructions to make a transaction is made on or the day after a public or bank holiday
  • authorisation of the transaction needs to be verified
  • another BPAY Scheme participant isn’t complying with its obligations
  • there’s a system malfunction
  • inactive accounts – if this is the first transaction to your account after a long period of inactivity.

Please note we try to address any delays with processing a transaction as soon as possible.

Additional information on cut off and processing times:
  1. After the transaction is processed by us, Pay Anyone Payments are generally received the following business day. Pay Anyone Payments to Building Societies and Credit Unions may take up to two business days to be received
  2. Although funds may be treated as received by the Biller, they may not be available in the Biller’s account for up to three business days.

Click here to find out more information on Payments and Transfers.

® BPAY is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
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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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Unless stated otherwise, this information is provided by Macquarie Bank Limited AFSL and Australian Credit Licence 237502 (MBL) and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. Finance is subject to our credit approval criteria. Terms and conditions apply and may change without notice.

Apple Pay, the Apple logo & iPhone are trademarks of Apple Inc, registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android Pay, the Android Logo and Google Play are trademarks of Google Inc. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. BPAY is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.

Other than MBL, none of the Macquarie Group entities referred to are authorised deposit-taking institutions for the purposes of the Banking Act 1959 (Cth), unless noted otherwise. Their obligations do not represent deposits or other liabilities of MBL. Unless otherwise stated, MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity.

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