What is the New Payments Platform (NPP) and Osko fast payments, and how do they work?
You can make an Osko fast payment from most Suncorp Bank personal and business accounts to another eligible account* by using a BSB and account number or a PayID (PayID is available for personal accounts only).
Just transfer money as you usually would, and Osko will be enabled automatically, sending your funds in under a minute. Fast payments are eligible with these Suncorp Bank accounts:
- Everyday Basics
- Everyday Essentials
- Everyday Options
- Everyday Options sub-accounts*
- Carbon Insights Account*
- Carbon Insights sub-accounts*
- Growth Saver
- eOptions Account*
- 55 Plus Account (except passbook accounts)
- Business Premium Account
- Business Saver Account*
You can make Osko payments using the Suncorp App or with the help of staff at a branch. We’re currently working on adding Osko in Internet Banking, but it may not be available for all eligible accounts until the rollout is complete. Before you confirm a ‘Pay Someone’ transfer in Internet Banking, we will let you know if it will be sent via Osko.
*Staff assisted withdrawals in branch via Osko are not available for these products.
If your account is not listed above, please refer to the relevant Product Information Document & Terms and Conditions or Schedule of Fees and Charges applicable to your account to see if it is able to send and receive Osko fast payments.
It’s important to note that transaction limits apply, as per the Suncorp App Terms and Conditions. You may also be prompted to use the Suncorp Secured App and a Security Token to make some higher-value transfers. Read this guide for more information on how to use a Security Token.
Commonly asked questions
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