The transition period from Westpac Deposits to Australia Post Bank@Post has been extended which is outlined below:
Presentment of cheque withdrawals on the 034-866 BSB is allowed until 31 January. Any presentment of a cheque after this date will be dishonoured.
It is encouraged clients start using the cheque book on BSB 704-922 as soon as it has been received. This is to mitigate cheques being dishonoured on the old BSB as much as possible.
Credit books on the 034-866 BSB are able to be used at all Westpac branches until 26 February 2021. This will mean clients will be able to use Westpac deposit facilities until that date.
Reminder: When depositing cash at Westpac there is a maximum deposit limit of $7,500.00.
If a Westpac branch refuses a deposit please inform us so we can advise the Westpac branch of the updated extension period.
We require the below information to inform Westpac:
- Branch details (suburb, state)
- Date and approx. time of day
- Type of deposit (Cheque, cash or cheque and cash)
- Approx. amount if known
- If they refused service or warned it was ending soon
Australia Post facilities are able to accept deposits from now using the new encoded credit books.
All credit and cheque books have been ordered and posted on accounts that had active facilities with Westpac. These have been posted and are being received by clients, if you have not received one yet or wish to order one please contact us on clients@bfs.org.au.
For further information or assistance with this, please contact our Client Services Team.