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. Select 'Pay someone' from the homepage. Osko sends bank transfers between participating banks and financial institutions quickly. This page provides a little extra information on the code: RJCT AC27 - Invalid Creditor Account Customer to check payee account and send new payment if applicable. Up for example mentioned above does not support SCT. BPay transfers can take up to 72 business hours to arrive, make. Add a new PayID or choose an existing PayID payee, and enter the amount. 30pm AEST. $5,000 in 24-hour period. The New Payments Platform (NPP) is a major industry initiative to develop new infrastructure for payments. Osko enables a payment to appear in the recipient’s account within a matter seconds, rather than days. It should take no longer than 1 business day to receive the payment. 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. You can check the list below to see if your bank offers real. International payments also have varying cut-off times depending on the currency. Osko by BPAY TM is a near real-time payment. Where you instruct us to make a Payment to another financial institution, or an Osko Payment, using a BSB and account number we only verify that the BSB is valid to accept payments. We use this world class messaging schema to bring payments innovation to life through the Platform, the Fast Settlement Services and Business Services. 1 million PayIDs registered and an average of 1. . All the major Australian banks, including Commonwealth Bank, Westpac, ANZ and NAB, faced major delays sending and receiving money through the. 2. g. I also told her to ring commbank. ) than cash. Or select Phone number, Email address, Business number or Organisation ID tabs to pay using a PayID. With Osko Payments funds are available in under 60 seconds and if you provide 280 characters of description text, the receiving party will see the full description. Note: Osko payments are processed 24 hours a day, 7 days a week and are typically received in a few seconds but. If you send money to. 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. Takedown request | View complete answer on osko. You may have heard about the upcoming ‘New Payments Platform’. 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. to enable more data to travel with a payment. BPAY payments made before 6 pm on a working day are credited the same day. Payment method. 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. Please select the reason that best matches the purpose of your. 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. When I query it with CBA it miraculously appears. Step 2. User #873703 611 posts. Bendigo Bank urged its customers not to re-try transactions, but to wait for the backlog caused by the outage to clear. Some branches now open weekends. BPAY® is an easy and secure way to manage and pay your bills through BCU iBank or the BCU Bank app. If the payee is registered for PayID, their name will be displayed on the payment screen to reassure you that your payment is going to the right place. I would never do Osko on a purchase as you have zero chance of recovering your money. Pay your eligible gas, electricity and phone bills, rates and more, with Post Billpay. The thing that messes it up is the banks that delay the payment for 24 hours when it's a new recipient (which of course a Gumtree buyer/seller is likely going to be) which defeats the purpose of instant payments. 7. Nah this was more of a rant haha missus is sick of hearing me talk about it haha. Figure 1. Payments for today made before 6pm are usually processed on the same day, while payments. Call us on 1300 131 844 or visit your local branch and we’ll get you set up today! Step 1 Go to your favourite app store. PayPal’s new instant transfer feature gives Australian small businesses an easy way to access their earnings almost immediately. I have also done large sums via Osko by ringing the bank that raises the limit. Although the money is immediately. Whether you’re paying a phone bill, or chipping in to pay for a meal at a restaurant, more of the payments you send and receive can happen almost instantly 24 hours a day, seven days a week! With Osko, you don't need to do a thing. My other account is actually with CommBank and I could send an OSKO payment through them. “Sent money to myself with Osko two hours ago. Similar, as they go through the NPP, but not the same. Now we have been told that the problem with Osko payment system might have affected these!Why Do OSKO Payments Get Rejected. by calling on 1300-236-344. A purchase made by an additional cardholder. But the win they transferred the $800 bank must flagged it and it got stuck for 24 hours. 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. 10 Suspension of Osko Fast Payments and delays (a) We will notify you in writing if, for any reason, we are no longer able to offer you the ability to make Osko Fast Payments, in which case you will not be able to send or receive Osko Fast Payments through us. 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. Find out more about the New Payments Platform, Osko and PayID for Corporate customers. This indicates that the payment was sent via the New Payments Platform (NPP) infrastructure using Osko ®. Transfers using Pay ID go through pretty much straight away, otherwise it will take around 2 days. The near real-time payment platform is built on. View community ranking In the Top 1% of largest communities on Reddit. choose the BPAY or bill payment option. 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. Once all of Australia’s big four banks are utilising the full range of services, BPay forecasts that its current run rate of around 300,000 Osko payments a day will ramp up to 1-1. Most Relevant is selected, so some replies may have been filtered out. 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. Keeping you and your money safe. Tap ‘Create PayID’, read and accept the PayID Terms and Conditions, and choose your eligible mobile number. Osko payments to participating Australian banks are typically received within. Not entirely true. ago. Manage and access your funds while earning interest. Brand New Car, Great rate. "NPP Payment" means a payment processed through the NPP and includes Osko Payments and Basic NPP Payments. Send and receive money fast. I also told her to ring commbank. We do not verify that the account number is valid. I did this a while back, took multiple days to receive the money. 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. 1. Never had a osko payment take longer than 10 seconds. payments. They have a first time payment hold if the payment is over $150. m. Pay your bills via BPAY ® 2. au The first time I used Osko I made two payments from separate banks on a Sunday night and it was all done within 15 or so minutes. ago. NAB has signed up to Osko Payments. User #80666 15669 posts. 4 When using Hume’s internet banking or mobile banking, you can perform the following Osko Payment transactions: (a) receive or send single or multiple Osko Payments; and (b) add or modify scheduled and recurring Osko Payments. Drive away with our special new car rate. However, reports emerged around 7pm on Wednesday that payments being sent were not being received at all. On average, international payments take between 1-5 business days⁷. Mine can't at least. You can check the list below to see if your bank offers real. It doesn’t replace your BSB and account number which stay exactly the same – it’s like a nickname for your account. What you can do with Osko ®. The money wasn't in my account but I thought with the screenshotted statement showing $850 out of her account, it was safe to go ahead and I assumed I'd get the money later in the day. Yes! Someone can reverse an Osko transfer in Australia. It lets you make and control payments from your bank account. Send and receive funds 24/7 – and yes, that includes the weekends. Simplicity – If you have a PayID, get paid or send money to someone without. Go wherever you want with our 1-5yr variable rate. 4. First time it is delayed 24 hours. Determine the payment channels you will use to send payments. Osko by BPAY ® is the first overlay service delivered via the NPP. He transferred it but then he said it did not go through via Osko. hiwever it never made it to the recipient, I have contacted Westpac several times,they supposedly investigated the matter ;There result was they say it arrived to recipient s ACC however it has not and recipient has ordered a. Instantaneous payments (aka Osko) and PayID are both features of the new National Payments Platform. We determine the payment method based on the payment details. I’ve confirmed with my bank the money was sent. > Correct details are quoted. Select Create PayID and select an account you would like to use with your PayID. Whether you’re paying a roommate, a good mate, a workmate or even a tradie’s rate, it’s handy to know that paying or getting paid is easy with Osko. Whether or not the payment is sent via the Osko service depends on whether your account is. 9 million people have created a PayID, making Osko payments even simpler^ - 75% of Osko payments are between individuals such as friends and family* - The typical Osko payment between individuals is $25* “Osko by BPAY is proof that together as an industry we can deliver ground-breaking innovation that benefits customers. Does anyone know how long it would take an OSKO payment to go through for that amount. Before 5. Therefore, you won’t be able to make a fast payment to that recipient or pay to their PayID. 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). I was very hesitant but he showed me all the receipts of the transaction and even emailed them to me. Step 1. You can also receive fast payments via Single Credit Transfers. Osko payments: Allow consumers and businesses to send payments to and from eligible accounts at participating financial institutions. “Sent money using PayID (Osko) nearly two hours ago and it hasn’t landed in the other bank account yet,” one user commented on DownDetector, which monitors outages on websites. Over 50 financial institutions will offer Osko® from early 2018, including the four major banks. Temporarily lock your card or block certain transactions such as overseas purchases or Visa payWave. Should probably have skimmed less and read more. Make a deposit into the Savings Maximiser. 7 ETH (Over $2000 at time, and more as time passes) - Shakepay Wallet. Open a Savings Maximiser. Bulk processing of credit card payments. You will see the transaction appear as Osko or. 30pm AEST. See moreOsko and PayID can be used to make and receive payments in Australia. Still waiting over 48 hours. Most banks limit the amount of money made through Osko, usually $1000 a transaction with a max of $5000 a day. Osko payments are submitted in batches but are processed using individual debits which results in a separate debit on your account for each payment instruction. PayID is an easy, low cost digital payment option for receiving Fast Payments from your customers. Some Westpac customers were impacted by an unspecified issue involving secure payment service Osko early Monday morning. Call us on 1300 131 844 or visit your local branch and we’ll get you set up today! Step 1 Go to your favourite app store. Simpler for people to pay you. Pay&Save at the same time with a BCU Access Account and BCU iSaver account. CapnBloodbeard. The rejection code was AC27. Westpac business accounts eligible for Osko Payments are. . No need for cash or bank cheque, and the seller could see the money straight away. 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. You can request an increase to your Telegraphic Transfer daily limit up to $30,000 by contacting us on 1300 236 344 or visiting your local branch. How will I know I've received a near real-time Osko® payment? If the payment is an Osko payment, you will see the transaction described as ‘Osko’ and the payment method described as ‘Osko’. PayTo was developed by the New Payments Platform (NPP) alongside the banks, fintechs, and payment service providers as a digital. Transfers to another financial institution using Fast Payments (Osko) Make a Fast Payment using someone’s BSB and account number, or their Pay ID (email, mobile phone. Corporate Cheque Account - Basic. For Bankwest users, a 4 hour hold is placed on first time payments to a new PayID. Be confident your payment is secure within the Mobile App. However, reports emerged around 7pm on Wednesday that payments being sent were not being received at all. When will a transferred osko payment take from a comm bank account to a Newcastle Permanent account? Made a transfer of $250, the recipient is saying they haven't received it sent 2 hours ago, is it delayed because of the. I like Macquaries internet banking, though they don't have EFTPOS on their card (Mastercard debit only), and you can't do OSKO payments. Debit Cards 4 4. f) If We are no longer able to offer You Osko Payment services (for example, during scheduled maintenance window) You will not. Should you enter another site through such links, the content will not have been produced, checked for accuracy, or reviewed by the Credit Union. 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. It will also enable you to send a 280-character message with your payment, making it easier for both parties to know what the money is for. While other times it takes a long time (half a day maybe). -The payment is not a valid OSKO purchase. Digital wallet payments with Apple Pay, Samsung Pay or Google Pay. Unsure if I need to call the bank or not. We determine the payment method based on the payment details. Keeping you and your money safe. Osko provides the option to use a PayID to make a payment instead of a BSB and Account number. If both the sending and receiving accounts are Osko enabled, the payment should be made fast – even between different banks. The rejection code was AC27. Online & Phone Banking Secure banking 24/7 from your computer, mobile or landline phone; NICU App Do your banking when and where it suits you; Apple Pay Apple Pay available at Northern Inland; Google Pay The convenience of a mobile wallet, is now in your hands; bank@post Access to your accounts remotely; Osko Fast Payments Pay and. 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. This answers whether someone can reverse. Our current default limits are. I OSKO'd a dealership $30k yesterday (was meant to be $35k, but $30k is the max you can transfer unless you go into a branch, and it was a public holiday here yesterday in Geelong. But the win they transferred the $800 bank must flagged it and it got stuck for 24 hours. Osko payments ; Card payment processing; Customer onboarding; Lending applications; We'll reach out if we experience any delays restoring our services. Step 2. Ideal for processing regular mail or phone orders. 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. It is important to get the BSB and account number right, because banking systems only use the account number when processing the payment. This page provides a little extra information on the code: RJCT AC27 - Invalid Creditor Account Customer to check payee account and send new payment if applicable. 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. Osko is a service built on the New Payments Platform which will enable near real-time payments, typically in less than a minute, 24/7, including weekends and public holidays. The payment will come through immediately. With Osko®, you can include up to 280 characters of text to describe your. Choose who to pay by selecting the BSB & account number tab. Segment Account. I can transfer $5k between my own accounts with different banks, via Osko, a transfer that I have done before, and CBA still holds it up. You could effectively make a payment via traditional means to an OFI and it could be in the recipient account prior to an Osko payment. The money wasn't in my account but I thought with the screenshotted statement showing $850 out of her account, it was safe to go ahead and I assumed I'd get the money later in the day. In some cases, payments can be delayed as a result of issues within the NPP system. 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. OSKO is a fast-payment service that provides users with close to real-time payments between other users and banks that support OSKO. > The SWIFT instruction is correctly formatted to meet our STP requirements. Payments made using Osko will allow you to make and receive instant payments between participating banks in Australia using an eligible BSB and account number or a PayID. Step 2 Search ‘Police Credit Union Banking’ and click download. Getting started. 1. You get a message on whatsapp, enquiring about the item on Gumtree. Reason for payment. NAB: Instantly or occasionally within 24 hours when sending to other banks using the Pay anyone feature. Faster payments. 4. 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. 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. Can you cancel an Osko payment? You can’t cancel a payment with Osko unfortunately. -The payment is not a valid OSKO invoice. The only thing I will say is that CBA. Q. 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. Set-Off Account. Both Pay Anyone and Osko are available via Bendigo e-banking. If you sent the wrong amount of money, you can also reverse the transfer and rectify the errors. 1. All major banks and financial institutions in Australia support Osko payments. You could reverse a transfer if you made a payment to the wrong account. It’s designed to facilitate the real-time transferring of funds between. Open the CommBank app. Make a payment in near real-time – in most cases only a few seconds – 24/7, even on weekends and public holidays, between eligible accounts at participating financial institutions. There is a variety of reasons why OSKO payments are rejected. The ability to make an Osko payment will be provided in Internet Banking and the App. No. Go to AusFinance r/AusFinance • by DrippinSoTrippy. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. Business customers looking for options to make single transaction payments. Osko enables 24/7 online bank transfers in under a minute. 2) The Osko system always does transfers instantly. Osko payments ; Card payment processing; Customer onboarding; Lending applications; We'll reach out if we experience any delays restoring our services. One bank sent me an SMS to reply to in order to confirm the transfer. It offers easier account identification by phone number and email. You probably need to hassle your friend to call them, if it's an urgent issue. Only customers in New Zealand can use our PayID for OSKO. Then put $500 which was instintajkous and the next $4500 went through straight away as well. A Pay Anyone payment is a funds transfer made via electronic banking from your Macquarie account to another Australian bank account. It's just that the sending bank can choose to hold the transaction for security purposes before they put it through or simply choose not to put it through Osko for whatever reason. 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). Extremely concerned that the account has. If it says date 27 Feb 2019 then it was a transaction made at the time of printing the. If the receipt says, due date in cba receipt then that means it was a future payment which may have deleted after printing the receipt. No need for cash or bank cheque, and the seller could see the money straight away. Watch the video to learn how to make a payment between $5,000 to $100,000 by downloading and using Macquarie. NAB is the only bank at the moment which allows Osko transfers up to $20,000 a day. Set-Off Account. Step 3 Enter your Police Credit Union member number and access password (same password used for Online Banking). Westpac is one of over 60 Australian financial institutions connected to the New Payments Platform. User #470609 16537 posts. Either using account number and BSB or. Tap Share to email, message or print the Transfer receipt or simply. But note: can only do Osko / fast payments to BSB/Acc No via Mobile App, not Web Online portal on computer. (b) Where we are reasonably able to do so, we will tell you:This new payments infrastructure allows you to send money almost instantly to most bank accounts in Australia. Instructions. Commbank have a very annoying policy regarding first time Osko and PayID payments - namely a delay for instant payments. You will see the transaction appear as Osko or the Osko logo (see below) when you make or receive an Osko Payment. 2. They insists other payment methods (Bank transfer, PayID, PayPal etc. 3. As long as you're sending funds to a participating bank, when you make a pay now Pay Someone external. So in this case, since you're selling for something over that amount and are already feeling like this sitch is a bit fishy, just politely decline unless. This can be between your own bank accounts, or between your own account and another person or business’ account. Pay a bill. Cash Management Account. After all that fuss about them allowing criminals to launder money. The reason that this got started is mostly because of how cheap money is right now. To deposit money in your betting account, you must log into your banking app and go to the make a payment section. Osko is a form of BPay payments that has been developed to be faster and more secure way of sending money from payer to payee. Call 13 13 86. To other banks in Australia. What is an Osko, near real-time payment? Osko by BPAY ® allows these fast payments to be made, typically in less than a few seconds, between eligible accounts at participating financial institutions, 24/7 – even on weekends and public holidays. They are the worst for it. Common reasons PayID/Osko transactions can be delayed: First time deposits: Your bank may halt your transfer for up to 24 hours if you are sending it to a new PayID destination. 1. I do OSKO transfers on the Netbank website several times per month and they are instant. (b) Where we are reasonably able to do so, we will tell you:OSKO payment system enables a customer to send money within Australia in several seconds. Choose which account to pay from using the Pay from drop down list. Scamwatch is urging people to watch out for texts impersonating Australian banks, saying you've made an OSKO payment to a new payee and asking you to click a link to cancel the payment. 99 % Variable Interest Rate. BPAY is offered by over 60,000 businesses, which means you can pay bills such as your utility bills (think phone, internet, electricity or gas), your insurance premiums, or even your rent!If its the first time it can take 24 hours just as a security measure, or with that amount. Obviously not ANZ who likes to hold onto the money for as long as possible. -The payment is not a valid OSKO order. Has Google pay and all that as well. PayID types. Osko uses world-leading technology certified to the highest data security standards and monitored 24 hours a day, seven days a week. You can register as your PayID your ABN, email or phone number to your eligible transaction. Online Banking frequently asked questions. 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. 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). Find out more about the New Payments Platform, Osko and PayID. Ideal for processing regular mail or phone orders. Commonwealth Bank and NAB bank branches. However more on Pay ID below. Pretty sure when I bought a car for roughly 17k it went through straight away. 47pm AEDT on Wednesday night were either delayed or not sent. Savings_Knee5092. PayID for business. PayPal is first major payment platform in Australia to enable instant transfers across the New Payments Platform (NPP) and Visa Direct. Make fast bank transfers – 24/7, 365 days a year. This is known as account-to-account or bank payments. Choose who to pay by selecting the BSB & account number tab. I'm with combank and pretty randomly payment to new accounts gets held up for 24hrs. so commbank can hold onto it for a day to make a little interest. We will not be able to cancel an Osko Payment once it has been processed. 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. Having OSKO payments straight from my bank account that appear in my spot account in seconds is very handy, plus the low fees. You can read more about how it all works here. You can access Osko from within your internet and mobile banking. A PayID is a smart address for Osko payments which links our bank account to our email address. OSKO facilitates near-instant bank transfers from your online banking platform. 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. Eligible ANZ accounts can send and receive Osko payments. Bendigo e-banking 8 6. It may involve bank accounts at the same financial institution or bank accounts at different financial institutions, as well as transfers to. Value was over $40k. The New Payments Platform is a centralised platform that facilitates real-time clearing and settlements of payments between participating Australian financial institutions. 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. Osko is an Australian payment service that allows real time transfers. 3pm. You can increase your Pay Anyone daily limit up to $50,000 in e-banking. Cash Management Account. You know they need to make sure it’s not suspicious. Tap Pay. 8. Otherwise what’s the highest amount I could do that is still an instant payment. How often you transfer that amount. Yeah pretty much hang on 24 hours the two payments came through. After that, it can take up to three business days to get to your recipient. If we are no longer able to offer you Osko, you will not be. Send and receive money fast. Osko is backed by BPAY for added security. I hadn't seen it when I had looked through that article. 30pm AEST. Easy to deal with, fast turn around times. Step 1. What you can do with Osko ®. Illawarra Credit Union will not be held responsible for the information contained within a site accessed via this site. Osko payments typically transfer in less than a few minutes. In this case, your. Thanks heaps! Have given it a go and it aint there. The remaining amount was done at the meeting point which didn't clear straight away. We don’t accept cash or cheques. There's been odd occasion it's lagged overnight. This limit operates as a sub-limit of the Pay anyoneA major outage in Osko’s online banking system has created chaos for millions of Australian customers, leaving “unbelievable numbers of people without money”. It came to the Australian market in 2018. Login and select Payments and select ‘PayID register’. The money wasn't in my account but I thought with the screenshotted statement showing $850 out of her account, it was safe to go ahead and I assumed I'd get the money later in the day. “The RBA is currently affected by an issue affecting OSKO payments, they’re looking into this and we will. Nah it's OSKO now. Can you cancel an Osko payment? You can’t cancel a payment with Osko unfortunately. 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. 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. Sorry haven't tried the app. 11. While this is 100% a scam, OSKO payments often get blocked or delayed by banks thinking it may be a scam. If your other bank supports Osko payments, the money should arrive in your ubank account in under a minute. Most banks limit the amount of money made through Osko, usually $1000 a transaction with a max of $5000 a day. 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. Value was over $40k. although the payment can be slower without Osko. I can confirm that when payments are made to ME, we do allow up to 1 - 3 business days for the payment to come through and we don't have a way to speed this up at the moment I'm afraid. He gave me about 15% of the price as cash and transferred the rest, sent me two receipts (two screenshots of same receipt), and since it was a weekend, obviously there are delays for. Osko only works up to $1000 per day, anything over will be a normal transfer. 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. Other banks use osko system and it's instant up to $1000. More "Switches to throw" so to speak. As it stands, Osko has yet to make a statement through their social media platforms. .