Commonwealth Bank cut off times

Commonwealth Bank cut-off times are crucial for ensuring timely processing of your payments. These times vary depending on the type of transaction and the recipient's bank. Below is a detailed guide to help you understand the cut-off times for different payment methods.

Domestic Payments

• Transfers to CommBank accounts: Payments can be processed any time during the day. Funds are usually available shortly after the transfer.
• Direct credits to other bank accounts: Payments received by 7:00 PM are processed that day. Funds are typically available in other financial institutions by 9:00 AM the next business day.
• Direct debits: Payments received by 7:00 PM are processed that day. Funds from other financial institutions are posted to CommBank accounts by 9:00 AM the next business day.
• BPAY® payments: Payments received by 5:55 PM are processed that day. Funds are usually available by 9:00 AM the next business day.
• Priority payments: Payments received by 4:00 PM are processed that day. Same-day processing applies.

International Payments

• Currency-specific cut-off times: Cut-off times vary depending on the currency. For example, payments in Australian Dollar (AUD) are processed by 4:00 PM, while payments in Euro (EUR) are processed by 4:30 PM. Refer to the official CommBank documentation for a comprehensive list of currencies and their respective cut-off times.
• Processing times: International payments are usually available for payment to the recipient within 1–3 business days (Australian time) after CommBank accepts your instruction. However, this timeframe may be extended due to the requirements and practices of overseas banks and regulators.
• Public holidays: Payments made on a public holiday will be processed the next business day.

Understanding these cut-off times is essential for managing your payments effectively. Ensure that you initiate your transactions well before the specified cut-off times to guarantee timely processing.