Instant interbank payments

Discussion in 'Loans & Mortgage Brokers' started by Noobieboy, 30th Apr, 2018.

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  1. Possumcreek

    Possumcreek Well-Known Member

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    Does anybody know if ING has their PayID up and going?
     
  2. Perthguy

    Perthguy Well-Known Member

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    As far as I know, they do. Every time I log in they bug me about it
     
  3. Noobieboy

    Noobieboy Well-Known Member

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    Yes they do. But you don’t need it to get instant payments as far as I understand. I didn’t actually activate PayID but getting instant payments from ING and NAB. I don’t bank with any of them.
     
  4. Simon Hampel

    Simon Hampel Founder Staff Member

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    UBank (owned by NAB) doesn't seem to - I've not received any notification about PayID and the last transfer I did from UBank to a NAB account actually took quite a long time to process - it's usually instantaneous.

    Hopefully one day NAB will actually spend some money on UBank :rolleyes:
     
  5. Possumcreek

    Possumcreek Well-Known Member

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    Thanks for the replies.
    It sounds like a great idea but for some reason ANZ seems to be dragging its heels. :(
     
  6. Simon Hampel

    Simon Hampel Founder Staff Member

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    Well there's your problem right there.

    ANZ have always been miles behind the other big banks when it comes to technology implementation, so it doesn't surprise me that they are dragging their feet with PayID.