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Exchange process
Send AUD payments quickly with our Easy Access AUD Account, which is linked to the New Payments Platform. This platform offers a fast, easy, and intelligent method of transferring money within Australia.
The New Payments Platform is a centralised platform that enables participating Australian financial institutions to clear and settle payments in real-time. Some benefits of using the New Payments Platform are:
- Real-time clearing and settlements of payments improve capital efficiency.
- Simplifying payment with unique account identifiers, such as PayID.
- Low-value payments outside of banking hours.