My Osko payment was also rejected. Maximum amount limits. Call us Monday to Friday 8:00am – 6:00pm and Saturdays 8:00am – 1:00pm AEST. To increase the daily limit to $100,000 please follow the below steps. If the payee is registered for PayID, their name will be displayed on your screen to reassure you that the correct person is being paid. It will also enable you to send a 280-character message with your payment, making it easier for both parties. ) to buy a car from my Bendigo account, and he had it in his account before I'd even texted him. Flexible Payments: Use a registered PayID (mobile number, email address or. It is just the start but shows the little ways Osko will make a big difference. I asked to do it by Osko but he wasn't able to as the bank he was with did not allow outgoing Osko, only incoming payments (confirmed and checked). PayID types. in the mobile app. Your recipient’s account may be able to receive fast payments or payments to a PayID but not via Osko. You can make instant payments with the old BSB/Account number system provided. How to identify if it is a future payment? A. User #80666 15669 posts. Payments made after 11:30pm will be processed after 9am the next day. This means that the same level of security that protects your payments to BSB and account numbers applies to payments made using Osko and PayID. In saying this, we are working on incorporating the New Payments Platform and OSKO into our systems, which will allow near-instant payments to come through to ME. Other payments (not Osko) are generally available on the next business. This will usually take 24 - 48 hours to arrive in the destination account. Osko gives even more control to banks as to what they can do with the payment. Osko enables 24/7 online bank transfers in under a minute. Guessing it won't go through until next week now. 4. All branches are open: 9:30am - 4pm, Mon - Thurs. I was told by my Bank that Osko payments can not be refunded in any way as it is instantaneous and if you get the numbers wrong in the transfer kiss your money goodbye. If their mobile number has been registered as a PayID, the logo will display alongside. Osko by BPAY lets you send and receive payments and have the funds clear in as little as 15 seconds. NAB is the only bank at the moment which allows Osko transfers up to $20,000 a day. For a payment to be sent via the Osko service it requires both of the accounts to be registered to send and receive Osko payments. ANZ to UBank, 6 hours ago and still hasn’t come through - anyone have any experience with this? granted it’s a first time payment but i thought the point of. Go to Digital Surge. We determine the payment method based on the payment details. From there, it got more complicated again — with the buyer claiming PayID had sent them an email saying they had to transfer an additional $500 to Ella's PayID to upgrade her account to a. You can tell if a payment was completed using Osko by logging into your internet banking and viewing the payment receipt, on which the Osko logo should be displayed. While most NPP payments are Osko payments (Graph 1), some financial institutions are alsoOpen an everyday account and put in the promo code CNW116 in the promo box (you must use the code to get the $50 bonus) Deposit $1,000 into the account such as your income or Centrelink payments. All the major Australian banks, including Commonwealth Bank, Westpac, ANZ and NAB, faced major delays sending and receiving money through the. Select Next to continue. Here is a list of other banks and lenders who offer real-time payments using Osko: Unfortunately, if you bank with the likes of Adelaide Bank, Heritage Bank, HSBC, RACQ Bank, and RaboBank, Osko is not available. Send and receive funds 24/7 – and yes, that includes the weekends. You will see the transaction appear as Osko or. ANZ had a limit of 100 or 1000 for a new osko payee, so the $1 test transfer was instant. Osko payments are sent independently of the PayID system. Unsecured Personal Loan. Also, keep. Both banks have to accept Osko payments for them to go through (and some banks still do not have it), and some have limits on the amount, so if the payment exceeds that amount (or they have made other Osko payments the same day to exceed the amount cumulatively), it'll be sent as a standard transfer and this won't show up in your account. . If its the first time it can take 24 hours just as a security measure, or with that amount. Maximum amount limits. Here is a list of other banks and lenders who offer real-time payments using Osko: Unfortunately, if you bank with the likes of Adelaide Bank, Heritage Bank, HSBC, RACQ Bank, and RaboBank, Osko is not available. Login and select Payments and select ‘PayID register’. “The RBA is currently affected by an issue affecting OSKO payments, they’re looking into this and we will. Osko payments ; Card payment processing; Customer onboarding; Lending applications; We'll reach out if we experience any delays restoring our services. The Platform. One of the first services to use the NPP technology is Osko by BPAY. Select Create PayID and select an account you would like to use with your PayID. Have sent through verification to allow access to my account with the photo (which coinspot advised the account wasnt locked) and now i am unable to log in with a continuous try again later message. You can register in the system in one of the following ways: in online banking. Payments to a BSB and account number will only. Call 13 13 86. FAQ Commonwealth Bank. ) PayID types. 3. Transfers are processed immediately and are available straight away. In the two years since launch, the NPP and FSS have delivered the capacity for customers of 91 institutions to make fast payments 24/7. Osko is brought to you by BPAY and works alongside this existing operator, but with a focus on person-to-person payments over paying or issuing bills. ; Set your company authorisation mode. (Apple/ Google Pay) Total amount of payments that can be made using a card (all channels – present, not present, wallets). Pay your eligible gas, electricity and phone bills, rates and more, with Post Billpay. Apparently APCA imposes its own rules upon banks for payment clearing and the voluntary e-payments code and legal obligations must also be abided by, but at the end of the day, each financial. Corporate Cheque Account - Basic. Transfer seemed legit. PayWay Batch Payment processing lets you process large volumes of online and periodic credit card payments by simply uploading a file. Does anyone know how long it would take an OSKO payment to go through for that amount. It should take no longer than 1 business day to receive the payment. Pretty much anything over a few hundred dollars to a new payee gets held up. Great features and fee free as long as you do the $1000 and 5 taps. I like Macquaries internet banking, though they don't have EFTPOS on their card (Mastercard debit only), and you can't do OSKO payments. Obviously not ANZ who likes to hold onto the money for as long as possible. All Direct Deposits are free and transfers that are processed via OSKO Payment services will need to be used on both ends of the transaction for instant deposits. PayID payments can be made to the following types of PayID: mobile number, email. Step 2 Search ‘Police Credit Union Banking’ and click download. Payments for today made before 6pm are usually processed on the same day, while payments. However at Macquarie PayID transactions cannot go over Osko they have to use SCT which means the institution you're sending to or sending money to Macquarie needs to also support SCT. > The SWIFT instruction is correctly formatted to meet our STP requirements. Pay&Save at the same time with a BCU Access Account and BCU iSaver account. Payments to a BSB and account number, PayID or international payee from $1,000 to $10,000 per day depending on your chosen limit. Pay almost anyone using their PayID or bank details. I'm pretty convinced it's CBA playing shenanigans. they may let through $100, but then hold $1000) for 24 hours After the first PayID. m. Please do not attempt to redo a payment if it is still pending. Funds will hit the account tomorrow or after. Instant money transfers. PaleDeathSaracens. 3. 1800 221 815. Osko enables a payment to appear in the recipient’s account within a matter seconds, rather than days. First deposit was with poli, instant. It’s designed to facilitate the real-time transferring of funds between individuals or businesses and was one of the first services to operate using the New Payments Platform (NPP). Call us Monday to Friday 8:00am – 6:00pm and Saturdays 8:00am – 1:00pm AEST. From a business who trades under a different name from the one shown in your transaction history. Osko enables 24/7 online bank transfers in under a minute. we and the financial institution of the person who wishes to make a payment to you both support Osko payments. Easy to deal with, fast turn around times. Make fast bank transfers – 24/7, 365 days a year. Sometimes OSKO does not provide the instant payment service which results in an unexpected delay, like a bank, sometimes delays occur and are worked on to resolve. The NPP was built using ISO20022. Banks took heat from customers, who. A PayID is a smart address for Osko payments. These could be: The BSB or account number used may be incorrect The payee’s account or financial institution may not accept Osko Payments The PayID may be incorrect There may be an issue with the system. Note: Osko payments are processed 24 hours a day, 7 days a week and are typically received in a few seconds but. It will stop you from. Our current default limits are. The only thing I will say is that CBA. You can also find out more about Osko here. Osko Payments can be made to an account using either a PayID or BSB and Account number. The payment will come through immediately. As it stands, Osko has yet to make a statement through their social media platforms. ) than cash. Step 2. Osko by BPAY ® is a secure payment service which enables you to send and receive near real-time payments on the New Payments Platform The service is available within the CommBank app You won’t need to look for. All payments made on the platform are also subject to participating financial institutions’ own real-time fraud screening and detection capabilities. Once you create a PayID, you can give it to customers instead of your BSB and account number to make paying and getting paid easier. This indicates that the payment was sent via the New Payments Platform (NPP) infrastructure using Osko ®. Add a new PayID or choose an existing PayID payee, and enter the amount. It’s designed to facilitate the real-time transferring of funds between. Those are just some of the ways BPAY is in your corner. Yep, exactly, nothing to do with Osko delaying it, that's the bank holding back the transfer for fraud protection. The idea of the payments platform is to take care of all the security, fraud management, billing and customer experience issues, leaving you to focus on your business and your customers. BECS is a reusable, delayed notification. I was very hesitant but he showed me all the receipts of the transaction and even emailed them to me. A PayID is a smart address for Osko payments which links our bank account to our email address. Osko® sends money between participating banks fast within online banking. Osko payments to PayID. Find out more about the New Payments Platform, Osko and PayID. When they go to pay you with it, they’ll see your PayID name displayed. Both the sending and receiving bank accounts must be enabled for faster Osko payments. ING all the way. Fast Osko payments will not be available on some STG accounts (including credit accounts), to offshore bank accounts or for transfers in a foreign currency. For example, if you want to pay 5 different accounts, you can transfer $5,000 to each account per day. Osko payments typically transfer in less than a few minutes. When sending money to the countries listed below, you will need to select a "Reason for payment" from the list available for each country. Noting that if you make the payment after business hours, it could take an extra day (depending on the other bank’s processing times, too). For a Payment using a BSB and account number to a Westpac account (other than an Osko Payment) we. > Correct details are quoted. I'd only send payment while meeting for pickup but I guess this buyer may have wanted to secure the item before they could collect. Additionally, when you make a payment to a PayID, the recipient’s name will automatically appear. Automatic Payments 31 12. Yes – as Osko is an entirely electronic payment system, and software doesn’t need a day off (yet), payments can be sent and received on the weekends. My wife made an Osko payment to to a wrong account number for over $5000, she contacted our bank straight away and was told it could take awhile to recover your money. It is just the start but shows the little ways Osko will make a big difference. Enjoy an improved cash flow and reduced administration costs 1. The near real-time payment platform is built on. Tap Share to email, message or print the Transfer receipt or simply. You know they need to make sure it’s not suspicious. George has rolled out fast payments to our eligible customers, an increasing number of your payments that you make or receive will. 4. 1800 221 815. How do I use my PayID to receive payments? Once you've registered your PayID, you’ll be able to provide it to your payers. User #470609 16537 posts. This means that Kraken clients can deposit AUD to their Kraken account using an account number & BSB, and see it confirmed within a few minutes. PayTo was developed by the New Payments Platform (NPP) alongside the banks, fintechs, and payment service providers as a digital. Corporate Cheque Account - Regulated Interest. No, Osko and PayID payments are only available for AUD transactions within Australia (domestic payments), find out more. 55 % pa comparison rate. 24-48 hours for transfers made at or after 7. Thanks heaps! Have given it a go and it aint there. To make payments using the New Payment Platform you will use Osko which is a payment service. Call us on 132 888 for any questions, we're here until 8pm AEDT or between 8am and 8pm AEDT Thursday and Friday. Debit Cards 4 4. Find out more about the New Payments Platform, Osko and PayID. More than 85 Australian banks offer this feature, allowing fast and easy payments. If you used an email address or a mobile number as your. It will stop you from making further transactions based on: The amount of money you are transferring. Do OSKO payments always go straight through? Osko sends transfers fast between participating banks, which is perfect for when you need to get a fast payment over to someone. When you make or receive an Osko payment the transaction will appear as Osko or you will see the Osko logo. It allows users to plug in phone numbers and emails to send money rather than bank details. If it is the first time you are sending to that account from CommBank they take at least 24 hours. For interbank transfers, apps like OSKO work because your bank has set aside a fund of extra money that it can pull from, if necessary, at the end of the day to balance the OSKO transactions. > The payment details have no Anti-Money Laundering (AML), Counter Terrorism Financing. Osko only works up to $1000 per day, anything over will be a normal transfer. Figure 1. Do OSKO payments always go straight through? Osko sends transfers fast between participating banks, which is perfect for when you need to get a fast payment over to someone. Take cash out at any teller and is great internationally-- fee free (If we can travel anytime soon!) Has instant payments- osko- NPP and instant pay. “The RBA is currently affected by an issue affecting OSKO payments, they’re looking into this and we will. Osko payments: Allow consumers and businesses to send payments to and from eligible accounts at participating financial institutions. The hold is up to 24hrs and occurs for payments CBA to CBA accounts and OFI payments made via payid/Osko. Earn up to 4. Yeah pretty much hang on 24 hours the two payments came through. Q. Choose who to pay by selecting the BSB & account number tab. Go to Digital Surge. In some cases, payments can be delayed as a result of issues within the NPP system. 2. If you sign in to Westpac Online Banking as a Business customer, your PayID name will be your Business name. You could reverse a transfer if you made a payment to the wrong account. Segment Account. 8:00am to 6:00pm. Within 3 business days. 1. Occasionally, we aren’t able to send it via Osko. Osko payments are subject to available funds and are included within your St. Manage and access your funds while earning interest. Ideal for phone and high-volume mail orders or donations. There are more than 100 banks,. Now with osko yes it does go through straight away, however if you make multiple transactions like you have, commbanks fraud system is really strict. BPAY and BPAY View 25 11. If the recipient’s PayID is a mobile number: Select 'Mobile number' from the options and locate the person you want to pay from your phonebook, or press the + sign to enter their mobile number. You can choose which account to pay bills from, and schedule payments on a date that works for you, so long as you have funds available in your account on the scheduled date. Other payments (not Osko) are generally available on the next business day. I sent the payment through as an old-style direct credit. Find out more about the New Payments Platform, Osko and PayID for. A faster payment is a type of Pay AnyBody payment that will be processed instantly via the Osko service, which operates using the New Payment Platform (NPP). Unsure if I need to call the bank or not. Tap ‘Create PayID’, read and accept the PayID Terms and Conditions, and choose your eligible mobile number. You can make payments to anyone at most Australian banks using their BSB and account number or to a PayID. Select Create PayID and select an account you would like to use with your PayID. No. Up for example mentioned above does not support SCT. Once the funds land in our system they will instantaneously reflect in your CoinSpot accounts Available AUD balance. English. These Terms and Conditions 3 2. Depending on your bank, PayID may also appear under the names: NPP or Osko or Fast Payments. Payments made to a PayID or BSB and account number will be sent via our standard way of making payments (Payee Transfer) or Osko where possible. One bank sent me an SMS to reply to in order to confirm the transfer. 1/1/23 was a Sunday so the transfer would go through on the next business day (2nd was a public holiday), hence why it came through on the 3rd. When paying to a BSB and Account number and PayID, you’ll know it will be an Osko payment as the ‘Payment method’ will be Osko or the Osko logo will appear on the Payment review page in Online Banking. Or select Phone number, Email address, Business number or Organisation ID tabs to pay using a PayID. PaleDeathSaracens. 8am-6pm, Mon - Fri (Sydney time) From overseas. When you arrange an international money transfer (IMT), the payment is sent through the SWIFT network of banks. While CommBank aims to resolve these transactions in 3-5 days, it can take up to 10 business days. "NPP Payment" means a payment processed through the NPP and includes Osko Payments and Basic NPP Payments. Bulk processing of credit card payments. During this period, customers might experience some intermittent disruptions affecting: - Osko payments - Card management - Card payment processing We'll reach out if we experience any delays restoring our services. As it stands, Osko has yet to make a statement through their social media platforms. Apparently they only use SCT payments which means some banks can't send fast payments to or receive from. If you sent the wrong amount of money, you can also reverse the transfer and rectify the errors. Osko by BPAY lets you send and receive payments and have the funds clear in as little as 15 seconds. Hi Joker G. Other things to note: - Payment to another Commonwealth Bank account are direct, i. Not entirely true. How to use Osko You can make Osko Payments from your accounts that allow payments such as BPAY,Osko is a payment service that uses the NPP. As we’re fully digital without any branches, you need to transfer money into your account from another Australian bank account or have your salary paid directly into your account. 47pm AEDT on Wednesday night were either delayed or not sent. Your bank, building society or credit union can tell you if they offer Osko. To use Osko, you don’t need to do anything differently, just send the payment via Internet Banking using the ‘Pay Anyone’ feature and ANZ will route the payment the fastest way possible. Banks are scrambling to process a. On average, international payments take between 1-5 business days⁷. To change your limit in Internet Banking, simply go to Payments and Change my Pay Anyone limit then follow the prompts. They ask you to post the item somewhere after you receive payment. Where, you can view, pay and store bills securely. For Bankwest users, a 4 hour hold is placed on first time payments to a new PayID. When you make a payment to someone via the app or internet banking, we usually send the payment via Osko which means the payee will receive the funds instantly. This can be between your own bank accounts, or between your own account and another person or business’ account. Choose the PayID name you would like to use for your business. Make a deposit into the Savings Maximiser. Key points: "Real-time" payment system Osko was taken down by a technical fault on Wednesday night. Not saying it's not suss but it's not 100% nessecerrily suss Here's a list of Australian banks that have joined the New Payments Platform (NPP) and offer real-time payments using Osko and PayID. This can be between your own bank accounts, or between your own account and another person or business’ account. com. through the NPP, so that these payments are now also processed individually in real time. Buyers have 'supposedly' paid part of the deposit in drips and drabs over a period of a week. BPAY transactions can include up to 15 BPAY payments. and. Other banks use osko system and it's instant up to $1000. I was paid via Osko in real time for a car sale. They class it as a security feature which none of the other banks have - effectively defeating the purpose of instant payments that Osko and PayID provide. ING customers will be able to receive real time payments on the following accounts: Orange Everyday, Savings Maximiser, Savings Accelerator, Business Optimiser, Orange Advantage and Mortgage Simplifier. One bank sent me an SMS to reply to in order to confirm the transfer. The Osko payments service has experienced an industry-wide outage, and it’s left Aussies without pay and money. No, Osko and PayID payments are only available for AUD transactions within Australia (domestic payments), find out more. Forget waiting days for a payment to go through. Open the CommBank app. Should you enter another site through such links, the content will not have been produced, checked for accuracy, or reviewed by the Credit Union. If it says date 27 Feb 2019 then it was a transaction made at the time of printing the. CryptoOver the past month we have come a long way, having just hit $4 billion and the growth rate continues to climb daily as Osko is rolled out to more and more customers at participating Financial. "PayTo" - The NPP functionality which enables us to process NPP Payments from your account in accordance with and on the terms set out in a Payment Agreement. Most banks limit the amount of money made through Osko, usually $1000 a transaction with a max of $5000 a day. The BPAY service typically allows users to make payments from one account to another almost instantly, with customers of most major banks such as CommBank, ING, NAB,. Australia's New Payments Platform (NPP) went live in February last year; the platform allows for the transfer of money from one person to another in near real-time, using an email address or phone. Before you confirm a ‘Pay Someone’ transfer in Internet Banking, we will let you know if it will be sent. PayPal is first major payment platform in Australia to enable instant transfers across the New Payments Platform (NPP) and Visa Direct. Otherwise what’s the highest amount I could do that is still an instant payment. It’s a fast, simple and smart way to move money in Australia. Payments made from an Orange Everyday bank account through the New Payments Platform will be capped at $1,000 per day per account. Sending money anywhere in the world should be as quick and painless as sending an email. Osko is a form of BPay payments that has been developed to be faster and. You can make a. Processing payments. Login to the App, click on the ‘cog wheel’ at the top left corner of the Banking page and select ‘PayID’. A funds transfer is the electronic movement of money from one bank account to another. 2) The Osko system always does transfers instantly. Branch opening hours. Mistaken internet payments . It lets you make and control payments from your bank account. Payments made outside of Osko must be made to a BSB and account number. The New Payments Platform (NPP) is a major industry initiative to develop new infrastructure for payments. Against my better judgement I let a guy walk away with my Ipad I was selling after doing a bank transfer. They are the worst for it. Now we have been told that the problem with Osko payment system might have affected these!Why Do OSKO Payments Get Rejected. Osko by BPAY is a near real time payments service built on the New Payments Platform which enables payments to a PayID or an eligible BSB and account number. “The RBA is currently affected by an issue affecting OSKO payments, they’re looking into this and we will. Osko payments are made within your online banking and backed by BPAY, so you know that it’s super safe. Not entirely true. Find out more about the New Payments Platform, Osko and PayID. If it says date 27 Feb 2019 then it was a transaction made at the time of printing the. The rejection code was AC27. Each bank does PayID payments a little differently – for some, PayID will automatically appear as an option, for others you may have to select an Osko payment (or another. Instant payments and transfers are not available at the moment. Pretty sure when I bought a car for roughly 17k it went through straight away. User #873703 611 posts. Not sure I would use PayID/OSKO for larger ticket items based on my experience below: I sold a used car for $3500. Can pay to PayID via web portal. For interbank transfers, apps like OSKO work because your bank has set aside a fund of extra money that it can pull from, if necessary, at the end of the day to balance the OSKO transactions. Osko ® is a registered trademark by BPAY Pty Ltd ABN 69 079 137 518. The NPP is a distributed switch of individual ‘Payment Access Gateways’ that route and. The outage stopped payments being made by bank customers via Osko, which uses the new payments platform (NPP) to send money in the retail market in real time. OSKO is a fast-payment service that provides users with close to real-time payments between other users and banks that support OSKO. I only had $20 in there like haha, I have sent money over from Westpac to that but that hadn't got there yet. We’ve listened to your feedback and have improved the Pay Anyone experience to make it easier to use. Available funds can be cleared in near real-time (typically in less than a minute) Allow for rich data and confidence in delivery, 24/7Can't even do OSKO payments from their accounts. Sorry for the inconvenience and thanks for your patience while our team were investigating. How often you transfer that amount. Westpac is one of over 60 Australian financial institutions connected to the New Payments Platform. Bendigo Phone Banking 7 5. A PayID is a smart address for Osko payments which links our bank account to our email address. Nah this was more of a rant haha missus is sick of hearing me talk about it haha. We determine the payment method based on the payment details. I have done this before, was selling a phone, buyer put in $20 which went through straight away. The account name is not used to transfer the payment. 99 % pa variable rate. Why does money transferred online take days to turn up? WHEN you transfer money, it vanishes from your account instantly - and takes days to turn up at the other end. You could reverse a transfer if you made a payment to the wrong account. Pay Anyone (including Osko and Fast Payments) 11 8. Very frustrating when they do not go through, but I suppose it. They just don't ask for extra payments to release. Reason for payment. They just don't ask for extra payments to release. Ensure both you and the buyer understand this and agree if you will release the car before or after receiving the money. 3 If we are not able to offer you Osko, you will not be able to send or receive Osko Payments through us. • 2 yr. What you can do with Osko ®. , they have one debit and up to 99 credits). We do not verify that the account number is valid. and. Simpler for people to pay you. Osko payments ; Card payment processing; Customer onboarding; Lending applications; We'll reach out if we experience any delays restoring our services. Yes – as Osko is an entirely electronic payment system, and software doesn’t need a day off (yet), payments can be sent and received on the weekends. Osko only works up to $1000 per day, anything over will be a normal transfer. It's common for a lot of exchanges. Payments made between and 7. Then put $500 which was instintajkous and the next $4500 went through straight away as well. Initially, the platform includes an instant payment service called Osko, and a smart ID service called PayID – but the list of services will continue to grow over time. so commbank can hold onto it for a day to make a little interest. Should probably have skimmed less and read more. Step 1. Super in Macquarie Wrap Manager with a Vanguard index fund is cheap as chips. . There's been odd occasion it's lagged overnight. PayID for business. Osko is backed by BPAY for added security. 1 million payments worth $1 billion made per day in January 2020. We do have PayID and Osko payments available via Internet Banking and the latest version of the ANZ app. Step 2. As expected, the big-four banks - NAB, CommBank, ANZ, and Westpac all use Osko. Fast Osko payments will not be available on some STG accounts (including credit accounts), to offshore bank accounts or for transfers in a foreign currency. No need for cash or bank cheque, and the seller could see the money straight away. Depending on your account, you may be able to request a wire transfer at a branch which will be received within 2 hours if processed before 4pm AEST (payments processed after this time will be received the next business day). There may be a number of reasons why an Osko Payment has failed. Tap Pay. This is known as account-to-account or bank payments. A payment can only be made to a PayID when the payment is made via Osko. 30pm AEST. I hadn't seen it when I had looked through that article. Sign into Online Banking or the Westpac App and go to the payment section. What you can do with Osko ®. -The payment is not a valid OSKO purchase. You can check the list below to see if your bank offers real. 00 p. Cash Management Account. They send you an image file that shows various payment methods considered safe by Gumtree. Saturday 8:00am to 1:00pm AEST. 1 An Osko Payment instruction is irrevocable. All branches are open: 9:30am - 4pm, Mon - Thurs. However at Macquarie PayID transactions cannot go over Osko they have to use SCT which means the institution you're sending to or sending money to Macquarie needs to also support SCT. Simple Osko payments can be made to a BSB and Account. I do OSKO transfers on the Netbank website several times per month and they are instant. It's been over 24 hours and I just googled osko scams to find that with first payments, osko withold the money for 24 hours to make sure it's not fraud. All payments made on the platform are also subject to participating financial institutions’ own real-time fraud screening and detection capabilities. If both the sending and receiving accounts are Osko enabled, the payment should be made fast – even between different banks. Therefore, you won’t be able to make a fast payment to that recipient or pay to their PayID. Osko payments: Allow consumers and businesses to send payments to and from eligible accounts at participating financial institutions. To make an Osko payment using a PayID, simply: Head to the Pay Anyone menu within Greater Bank’s Online Banking or App. Call centre is 24hrs but offshore.