Transfer Funds

To Transfer Funds between the accounts you have registered for Rural Bank Internet Banking choose the Transfer Funds category from the top navigation menu and click the Transfer Funds item in the side navigation menu (if not already selected).

The Transfer Funds screen will be displayed, where you will need to complete the following information:

From

The drop down list labelled From shows all your accounts registered with Internet Banking that permit a transfer. Select the account you wish to transfer from (i.e. the account from which you want to withdraw the funds).

Note:
Only those accounts where you have an Access Limit of Full Access will be available for selection in the From Accounts list. Those accounts where you have an Access Limit of No Withdrawal will not be shown in the From Accounts list. You can view the Access Limit on each of your accounts by using the Account Signatories function under the Accounts menu.

A minimum transfer amount of $1.00 applies while the maximum transfer amount is equivalent to your account's available balance. Transfers are not permitted from Mortgage Loan, Personal Loan or Term Deposit accounts.

To

The drop down list labelled To shows all your accounts registered with Internet Banking. Select the account you wish to transfer to (i.e. the account in which you want to deposit the funds). Transfers to Term Deposit accounts are not permitted.

Accounts available in the To Account list will include your CLN accounts. You can transfer To but not From these accounts.

Note:
The account you are transferring From must be different to the account you are transferring To.

Amount

Enter the amount you wish to pay including the decimal point e.g. $99.45.

When

Three radio buttons allow you to choose when the transfer is to take place. Click inside the appropriate radio button to indicate:

Now

The default is Now. Funds will be withdrawn from your nominated account as soon as Internet Banking processes the transaction.

Once on

A one-off transfer to occur up to 1 year in advance.

Select the day of the month, month and year from the drop down boxes to the right of the "Once on" field. The amount will be withdrawn from your account the morning of the date you have nominated.

Recurring

A scheduled transfer to be repeated at a regular frequency.

Use the Frequency option to select how often the transactions should occur. Options available are Weekly, Fortnightly & Monthly.

Use the Starting option to select when the transactions should commence and the Ending option to select when they should cease.

Note:
Your monthly transfer, if scheduled for the 29th, 30th or 31st, will be processed on the last day of the same month if that date is not valid.

For example, if you select a monthly transfer for the 29th, January's transfer will be processed on January 29th, while February's (if not a leap year) will be processed on February 28th, etc.

You can review and/or cancel future dated transactions by selecting the Future Transfer List option from the side navigation menu. For further details see Future Transfers List.

Action Buttons

There are two action buttons available:

Transfer

Pressing the Transfer button will return you to the Transfer Funds Approval screen where you can Approve the Transfer or Cancel if details are not correct.

Clear

Pressing the Clear button will clear the input fields on the screen.

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Transfer Funds Approval

A transfer approval screen will be displayed with the information you have selected.

Action Buttons

There are two action buttons available:

Approve

Pressing the Approve button will submit the transaction for processing. This is the final point where you can decide whether or not to proceed, so you should ensure the details are correct before selecting this option.

If you choose to approve the transaction you will be advised the details have been accepted and issued with an Acknowledgment Number for use as a reference, should you need to inquire on the transaction at a later date. You will also be presented with a Print Receipt option. For further details see Print Receipt.

Cancel

Pressing the Cancel button will cancel the transaction and return control to the initial Transfer Funds screen.

Note:
If a second signatory is required to authorise the payment, you will be presented with additional input boxes where one of the other signatories can enter their AccessId and PIN. If this is not entered at this time, any of the other authorised signatories can review the transfer later by logging on to Internet Banking and choosing the Accounts category from the top navigation menu and then selecting the Authorisations Pending item in the side navigation menu.

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Print Receipt

To print a receipt for a financial transaction simply press the Print Receipt option and you will be presented with a new window containing the details of the transaction. To print these details you should use the Print button on the screen or you can use the standard Print function of your browser which is located on the File menu (i.e. click on File and then Print).

When finished you should shut down the new Print Receipt browser window by using the Close button on the screen, the Close function on the file Menu, or the Close Window button at the top right hand side of the screen