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Direct Debit Application

You authorise First Option Bank Ltd (User ID: 048654) to allow direct debits from the account listed in section 2 to be credited to the First Option Bank account/s linked to your Member Number(s) listed in section 1 through the Bulk Electronic Clearing System (BECS). Payments to First Option Bank processed through this system are subject to a clearance period.

First Option Bank takes your privacy seriously. To see how we handle your personal information, please download and retain a copy of ourĀ Privacy Notification.

1. Member Detail(s)

The name(s) below must match the external bank account.

Is there another Member?

2. External Account to be Debited

We require a statement of the external account, verifying all account details below.

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3. Access Options

Choose one option

4. Payment Request

Please complete this section if you would like First Option to set up a regular Direct Debit payment on your behalf.

AUD

OR

5. Terms and Conditions Acceptance

  • Direct Debit Request Service Agreement
  • Account and Access Facility Conditions of Use

By ticking below for this Direct Debit request you acknowledge that you have read and understood the Terms and Conditions governing the Direct Debit arrangements between you and First Option Bank Ltd as set out in the Account and Access Facility Conditions of Use document. Please ensure that the account information you have provided is correct and that this Direct Debit request includes ALL account holders of the nominated account. *

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Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. All loan applications are subject to First Option Bank standard credit approval criteria. Please review our 'Account and Access Facility Conditions of Use' and Financial Services Guide. © Copyright 2021 First Option Bank Ltd | ABN 95 087 650 735 | AFSL / Australian Credit Licence 236 509

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