Direct Debit facility
A BOQ Direct Debit facility is recommended for business customers who need to collect payments direct from customer bank accounts.
Benefits include
- reduced administration time as the creation of an electronic file is generally more efficient than the handling of cheques or other bank deposit methods;
- reduced transaction fees compared to the cost of accepting and clearing individual customer cheques and credit card payments;
- improved cash flow as you receive payments quicker with fewer outstanding debtors;
- no special software required as files can be created via BOQ Internet Banking.
To apply contact your local branch.
(Approval criteria apply)
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Fees and charges are payable. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the relevant Product Disclosure Statement (PDS), terms and conditions, Financial Services Guide and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any BOQ branch or from this website.