Pay and get paid faster

Regional Australia Bank is joining in on the revolution with Osko® - a new way to pay and get paid with money transferred almost immediately.

Coming soon! A new way to pay and get paid.

Regional Australia Bank Internet Banking and Mobile Banking app users will soon have a way to pay that's as fast a cash without the hassle of needing cash. It's called Osko® by BPAY and you'll be able to make and receive payments faster than ever before, 24/7 via Internet Banking or the Mobile Banking App.

Whether you're paying a tradie, splitting a bill or transferring money to a friend or relative, thanks to Osko®, the money will be there in minutes, if not seconds. Current payment transfers can take up to three business days to clear. Osko® will change this by processing payments in near real-time, even over weekends and public holidays.

The benefits of Osko®

  • Faster: It will allow you to make payments much faster than before.
  • Always available: 24/7 availability. Transfer money any time of day or night.
  • Greater information: You'll be able to send much more information with each payment, rather than be constrained to the current limit of 55 characters.
  • Simpler. You can use an email addresses, mobile phone numbers or other common information to make a payment to individuals or business, rather than BSBs and account numbers.
  • Security.Its backed by BPAY and us, so its very secure.

 

What do you need to do to be Osko® ready?

Osko by BPayRegional Australia Bank is excited to be part of this revolutionary change in banking. To be ready to use Osko® you'll need to:

What is a PayID?

A ‘PayID’ is a memorable piece of information such as your phone number or email address that makes it easy for you to send and receive payments with us, so you’ll no longer need to remember your account number and BSB for payments. It is a friendlier handle or address for your bank account details.

  • For Personal Banking a PayID can be your phone number or email address.
  • For Businesses, a PayID can also be an ABN/ACN or Organisation ID.

By registering your Regional Australia Bank account you’ll be able to take advantage of the new way to pay and get paid as soon as the service becomes available.