How long does it take to transfer money to an account at another Australian bank?

It depends on what kind of payment method you’re using – there’s a couple of different ways you can make quick and easy transfers.

Faster Payments

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). You can make a Faster Payment to a BSB and account number or PayID (such as a mobile number or email address) that will go through almost instantly. Find out more about PayID.

If you make a payment using the app or online banking, we'll automatically send your payment as a Faster Payment if it's eligible (and you're registered for SMS code).

If you're not registered for SMS code, to make a Faster Payment in online banking you'll need to choose the 'Faster Payment' option when making your payment. You'll only be able to choose this option for existing payment recipients, so you can't make Faster Payments to new recipients without SMS code.

Pay AnyBody

If you make a payment using Pay AnyBody, the recipient should get it within 3 business days, unless it automatically goes through as a faster payment – this can happen if you make a payment less than $5,000. See our payment cut-off times for more info about when you need to make your payments.


BPay payments made through the app or online banking should appear in the recipient’s account within 3 business days. The biller will consider the bill paid when your account is debited.

In a branch

For cash that was deposited over the counter at another bank, the processing and clearance time is 5 business days (not including public holidays).

Need more help?

You can message us in the Bankwest App or online banking, or call us – we're here 24/7.