1. EPAYMENTS CODE
The ePayments Code sets out rules for the way electronic transactions must be managed. All transactions you can make on your account are electronic transactions.
The ePayments Code:
- requires detailed terms about electronic transactions. There is a lot to it, but it is worth reading so you know your rights and responsibilities; and
- sets out rules for determining who pays for electronic transactions you did not Sometimes, you can be responsible for all or part of an unauthorised electronic transaction.
- promise to comply with the ePayments Code for all transactions covered by the Code; and
- will work out who is responsible for unauthorised transactions and liability in accordance with the ePayments
2. WHAT IS AN UNAUTHORISED TRANSACTION?
Just to make it clear, any transaction is authorised by you if:
- you make the transaction; or
- it is performed by anyone with your authority, knowledge or consent, even if the transaction was for the wrong amount or was made to the wrong person. Your consent to a transaction may be given by you directly or your consent may be clear from your conduct.
Transactions not made:
- by you; or
- with your authority, knowledge or consent,
are unauthorised transactions.
3. ACCESSING INFORMATION AND FUNCTIONALITY
We are a digital bank. You cannot make transactions on your account by phoning us. We do not issue or accept deposits of cheques, bank cheques, cash or money orders into your account.
With a Volt Save or Volt Spend Account you can make transactions from your mobile or desktop device at any time to:
- send payments from your Volt accounts to other bank accounts by using the username we give you and the passcode you choose (Pay Anyone);
- view or update your residential address;
- view your mobile number or email address;
- change your passcode;
- check the current interest rate on your account;
- add your TFN; or
- view your transaction history.
A daily transaction limit applies to Pay Anyone transactions.Those limits are set out in your Volt Save and Spend Product Terms.
Those limits may change. Information regarding daily transaction limits can also be found at voltbank.com.au/help.
Sometimes, access to your account will not be available. That could be due to routine maintenance or if we have a security concern we need to investigate. We will try to give you notice of scheduled maintenance via email or
SMS or via the Volt app or Partner app. We may not be able to give you notice of emergency maintenance.
4. VOLT SPEND
Clauses 4 and 5 apply only to Volt Spend
With a Volt Spend account you will be issued with a debit card and can make transactions:
- by using your debit card and PIN at ATMs or POS terminals until the expiry date on the card;
- using your debit card to make contactless payments at merchants that accept those payments;
- by arranging direct debits from your account.
With a Volt Spend account, you can also make Direct Entry payments and direct debits and transfers between accounts in your name
By using BPAY® you can make payments or transfer money from your Volt Spend account. If you use BPAY® to pay a bill, that bill should tell you the biller number and customer number you must use to make the payment. Please take care when you enter the details of a BPAY® payment you wish to make. We may not be able to recover BPAY® payments, made to the wrong account, or overpayments.
You cannot cancel a BPAY® payment on the day that you asked us to make that payment. Usually, if you make a BPAY® payment before our cut off time on a business Day, we process the payment that day and the Biller receives it that day. We process other BPAY® payments on the next business day.
Sometimes it takes longer to complete a BPAY® payment, like if there is a public holiday after the day you make the payment or the Biller or its financial institution does not process the transaction as the BPAY® scheme rules require.
5. Mastercard® Debit Card
You will receive a debit card to withdraw money from your Volt Spend account, or to make purchases. You must activate your card before you can use it.
The debit card may be used to purchase goods or services from merchants or withdraw cash in the following ways:
- By ATM in Australia or overseas wherever a Mastercard logo is displayed. You can withdraw cash from your Volt Spend by pressing the ‘credit’ button and entering your PIN;
- By holding your debit card in front of any contactless terminal and waiting for the transaction to be confirmed. In Australia, there is no need to sign or enter a PIN for purchases up to $100. At merchants overseas you may need to sign or enter a PIN for small value transactions.
- Online – by using the debit card number and expiry date on your card as well as the card verification number.
- Over the phone – by quoting the debit card number and expiry date on your card and quoting the card verification number on the back.
Your PIN may be a 4-digit number that you set yourself in the Volt app. You have the option of changing your PIN at any time using the Volt app.
Debit cards are only to be used until the expiry date. Just prior to expiry we will issue you with a replacement card and you should ensure that, once received, you destroy the old one by cutting it into several pieces and disposing of it securely.
Loss, theft or misuse of a Debit Card, PIN or passcode.
You must immediately notify us if your debit card, PIN or passcode record is lost, stolen or misused, or you suspect that unauthorised transactions have been made on any account. This will enable us to put a stop on your debit card straight away preventing or minimising losses resulting from unauthorised transactions and your potential liability for such losses
Locking or Cancelling your Debit Card
Contact Customer Care using live chat within the Volt app or contacting us at email@example.com or by phoning us on 13 VOLT (13 8658) during our standard business hours if you would like to temporarily suspend, unsuspend or lock your debit card. If your debit card is damaged and you need a new one Customer Care can also assist you by issuing you with a new one using the same card details. You may continue to use the damaged debit card until you get a new one
If you would like to cancel and replace a debit card that has been lost or stolen contact Customer Care at firstname.lastname@example.org or by phoning us on 13 VOLT (13 8658) during our standard business hours.
For lost and stolen debit cards your debit card will be automatically cancelled once you have notified us and a new one with new details will be sent to you in the mail. Please note that once a lost or stolen debit card is cancelled you won’t be able to use that debit card to make purchases or withdraw from an ATM until you get a replacement, however you will be able to continue to use the card details if they were added to Apple Pay / Google Pay prior to being cancelled.
We may also cancel a debit card at any time, to protect you or us from fraud or other losses, to manage regulatory risk, or for any other reason determined by us acting reasonably. If your debit card is cancelled, you must stop using it and destroy it by immediately cutting it into several pieces and disposing of them securely. If you close your accounts or cancel the debit card, as the account holder, you will remain liable for transactions made using the debit card linked to your account:
- prior to or after its cancellation or closure of the accounts; or
- using the card number for mail, online, phone and recurring transactions which have not been cancelled prior to termination.
We may issue a new debit card to you at any time and just prior to the debit card expiry on the same terms and conditions. We have the right to refuse to reissue a debit card if we choose.
Authorising debit card transactions
When you use a debit card you may need to seek authorisation from us. We may choose not to authorise a proposed transaction at any time.
Reasons why we might refuse to authorise the transaction include:
- the card has expired or is otherwise invalid;
- your account does not have sufficient funds in it to cover the transaction amount;
- acting reasonably, we consider the transaction may be fraudulent;
- based on information available to us, we consider the transaction may affect the security of your account or our systems;
- we reasonably suspect any other unlawful activity in relation to the transaction;
- we reasonably suspect the transaction is not authorised;
- you or we have closed the account;
- you have not complied with our terms and conditions;
- we reasonably believe it could cause us (or any affiliate) to breach a foreign or domestic law, including our foreign reporting obligations.
To help protect an account from fraudulent card transactions, we have set default limits on individual and daily withdrawal and card transaction amounts. You can ask us to change the daily withdrawal limits that apply to your account. We do not have to agree but if we do, those limits will apply from the time we process your request.
Note: the daily limits are expressed in Australian Dollars. If you transact in a foreign currency, the limit applied will be the Australian Dollar equivalent.
Limits set by other providers
Please note that merchants or other providers of facilities may impose additional limits.
If we authorise a transaction, we will reduce the amount in your account by the amount of the authorisation. However, some merchants, such as hotels and car rental agencies, may request confirmation that your account has sufficient available balance to meet the estimated cost of the goods and services they will supply prior to the supply of those goods or services. When that occurs the request will be treated as an authorisation even if the funds have not yet been used. That means that even though the balance of your account is a certain amount, the amount we permit you to withdraw will be reduced pending the supply of the goods and services. When the goods and services have been supplied, the merchants may request a subsequent authorisation for the actual costs. You should ensure that prior to the merchant doing this the original authorisation is cancelled to avoid the available balance being reduced twice.
As debit card transactions may take some weeks to be processed and debited to your account please take that into account when checking your balance as the available balance in your account may be less than the actual balance shown whenever you obtain a statement, mini transaction history or a balance of your account.
How Mastercard processes foreign currency transactions
When a Mastercard debit card is used to make foreign currency transactions on your account, the transaction is converted into Australian dollars by Mastercard using:
- a rate Mastercard selects from the range of rates available to it in wholesale currency markets for the date on which Mastercard processes the transaction. The rate Mastercard selects may vary from the rate Mastercard receives itself; or
- a rate a government requires Mastercard to apply to the conversion as at the date the transaction is processed.
Mastercard may convert a foreign currency transaction into US dollars prior to converting it into Australian dollars.
Dynamic currency conversion
When you make a purchase or withdraw cash from your account in a country other than Australia, the merchant or ATM provider may give you the option to complete the transaction in a different currency, usually in Australian Dollars. If you accept this offer, the merchant or the ATM operator will perform the foreign exchange conversion on the transaction on your behalf at an exchange rate they determine. This is also referred to as ‘Dynamic Currency Conversion’. We do not determine this exchange rate and it may not be favourable to you.
What to do if you want to dispute a debit card transaction
If you don’t recognise a transaction, you should contact us as soon as possible. Please email us at email@example.com or contact us by Live Chat if using the Volt app or phoning us on 13 VOLT (13 8658) during our standard business hours.
We may ask you to provide information to support your dispute. We must comply with card scheme rules which set out dispute procedures and notification timeframes. If you do not notify us promptly, we may not be able to investigate your dispute.
In some circumstances, card scheme rules allow us to charge a transaction on the account back to the merchant with whom you made the transaction. This is known as a chargeback. If it is available, we will claim a chargeback right for a transaction on your account if you ask us to do so, and you give us the information and material we require to support a chargeback. Otherwise any chargeback right we have may be lost. The timeframe for disputing a transaction may not apply where the ePayments Code applies.
In some cases under the Mastercard rules we can charge a disputed transaction back to the merchant. This is called a chargeback. Not all transactions have chargeback rights, for example, BPAY® transactions.
Chargeback rights only apply if the transaction was processed using your debit card.
If you dispute a transaction and you want a chargeback, you must report this to us as soon as possible and give us all the information that we request to support a chargeback request.
You need to make the request to us within 30 days after the date of the statement which includes the transaction (this may not apply for unauthorised transactions covered by the ePayments Code). We will then make the chargeback request if we are allowed to under the Mastercard rules. The request may not be successful.
You can deposit money into your account through Pay Anyone from another account held with another financial situation. You will need to use or give the payer our BSB (Bank/State/Branch, if you were wondering) and your account number. Our BSB is 517-000. Also, you can transfer money into your account from any other account you hold with Volt Bank.
A transfer into an account held by you with Volt through the Pay Anyone facility forms part of the available balance of that account only after it is cleared.
It may take some time to clear a transfer from another financial institution depending on the time of day you instruct the other financial institution and whether the transfer is made on a business day.
You cannot deposit money into your account by cheque or cash.
Minimum and maximum limits
We may apply limits on the minimum and maximum amount for transactions and balances on an account and vary those limits from time to time. These limits may apply to your opening and ongoing balance.
7. WITHDRAWALS AND PAYMENTS
To withdraw or make payments from your account you will need to use the Pay Anyone or NPP facility to transfer money to another account held in Australia. You will need the BSB and number of the account for Pay Anyone or PayID for NPP to make any transfer or payment. Scheduled and recurring payments are not available at this time.
Please take care when you enter the details of the other account. We will warn you to check the payment details you entered before you complete a Pay Anyone or NPP transaction and in time for you to cancel the transaction.
We may be able to recover transactions made to the wrong account. More on that in clause 9
Be aware that if a payment is made by you on a day that is not a business day, we will process the payment on the next business day.
When we do not process a withdrawal or payment
We may decide not to process a withdrawal or payment from your account if:
- the available balance is not enough to cover the transaction
- the amount is in excess of the daily limit
- based on information available to us, we consider the transaction:
- may be a fraudulent request
- may affect the security of your account or our systems
- we are aware or suspect that the security of a passcode has been breached
- would breach these terms
8. STOPPING TRANSACTIONS
We can’t stop processed transactions.
Each time you make a transaction on your account, you direct us to process that transaction.
9. MISTAKEN PAYMENTS DIRECT ENTRY ('PAY ANYONE') FACILITY
If you make a Pay Anyone payment to the wrong person, please phone us on 13 VOLT (13 8658) for the cost of a local call. We will acknowledge your report and give you a reference number, if you need to follow us up. We encourage you to report any payment you made by mistake as soon as possible after you work out there was a mistake. The earlier the report, the better the chance of recovery.
If you report a mistaken payment to us, we will investigate. You consent to us disclosing this information to other financial institutions in order to request a return of your funds.
If it looks to us like the payment was not by mistake or did not occur, we will take no further action.
If it looks to us like the payment occurred and was by mistake, we will ask the financial institution (other financial institution), to return the payment to us.
We will report to you about our dealings with the other financial institution. We cannot promise that the other financial institution will return the money to us. We will do our best.
If a mistaken payment is returned to us, we will credit your account. If you no longer hold that account, we will contact you and you can tell us how you want us to pay you the money we recover.
One way or another, we will tell you in writing about the outcome of our investigations within 30 business days after your report. We will give you the opportunity to dispute our decision, if you are not happy with it.
We will not ask you to deal with the other financial institution to sort out your complaint.
Mistaken Payment rights
The ePayments Code includes detailed rules on when another financial institution must return a mistaken payment. There are more details below.
Report within 10 business days
The other financial institution must return the amount of a mistaken payment if:
- you report to us within 10 business days after the payment was made
- it looks to the other financial institution that the payment was a mistake; and
- there are sufficient credit funds in the account of the person (the enriched person) who received the payment for the money to be returned.
Report after 10 business days, but within seven months
If you report the mistaken payment to us after more than 10 business days, but within seven months, and:
- it looks to the other financial institution that the payment was a mistake
- there are sufficient credit funds in the enriched person’s account
then the other financial institution must:
- prevent the enriched person from withdrawing funds from their account for up to 10 business days
- notify the enriched person that it will return the mistaken payment to us, unless the enriched person can prove that they are entitled to the
If you report the mistaken payment to us more than seven months after the payment was made, and:
- it looks to the other financial institution that the payment was a mistake
- there are sufficient credit funds in the account of the enriched person for the money to be returned
The other financial institution must seek the person’s consent to return the money to us. The person does not need to consent. You may be able to take other action available directly against the enriched person to recover the mistaken payment.
Mistaken payments to you
- we are satisfied that a payment made to your account is a mistaken payment; and
- you have sufficient credit funds in your account to the value of that payment; and
- the mistaken payment is reported 7 months or less after the payment; and
- for mistaken payments reported between 10 business days and 7 months of the payment, you don’t establish that you are entitled to the payment within 10 business days;
we will, without your consent, deduct from your account an amount equal to that mistaken payment and send that amount to the financial institution of the payer.
If there are insufficient funds in your account, you must co- operate with us to facilitate payment by you of an amount of the mistaken payment to the payer.
We can prevent you from withdrawing funds that are the subject of a mistaken payment where we are required to do so to meet our obligations under the ePayments Code.
10. BALANCES AND TRANSACTION RECORDS
You must provide us with a description of the transaction at the time you make that transaction. We record those details of the transaction and give you a receipt number as a record of that transaction for you to refer to in the Volt app or Partner app as and when you need it.
We add deposits to your account balance. We deduct withdrawals from your account balance.
11. FEES AND CHARGES
Volt does not charge you any fees for opening and operating an account with us. You may have to pay fees and charges on transactions you make on your account or when using your debit card. Please check your account terms for any fees that may be payable.
You may incur charges from your network service provider for using any electronic equipment for accessing your account. Those charges are your responsibility. Please raise any matters regarding those charges with your network service provider.
12. SECURITY REQUIREMENTS
To assist in keeping your account secure, we may require two–factor authentication for some dealings you have with us. Examples include when you update your residential address, the first time you make a payment using the Volt app, and when you reset your passcode. In many cases, the two–factor authentication occurs without requiring any action from you. However, in some cases, we may require you to verify your email and phone number to confirm the changes or instructions that you have requested.
If you do your banking on your mobile device, and your mobile device allows you to control access to it using biometric information, like a fingerprint or facial data, we may allow you to use this information to log into your account instead of using a username and passcode.
Volt does not collect or store biometric information stored on your device. If you wish to sign in using biometric information, please ensure that only your own biometric information is stored on your mobile device. Otherwise, another person could transact on your account using their biometric information.
Generally, Volt does not allow other people to operate on your account. If another person has access to your account using your details we will treat those transactions as having been authorised by you and conducted with your knowledge and consent.
Please take steps to ensure if using a mobile device or computer that they are secure. Also, it is important to ensure that any biometric information used in connection with your device, is always secure.
Suspending your account
If we suspect the security of your biometric information or device is breached, we may need to suspend your banking access or restrict certain features on your account to protect your account.
Choosing your passcode
You need your username and passcode to transact on your account when using the Volt app and the Partner app. When using the Volt app your username is the email address you give us when you applied to open your account. You get to choose your own passcode. You can change or reset your passcode through the Volt app, or if through the Partner app, as directed by the Third Party Partner..
When you use the Volt app or Partner app to transact on your account, you may also choose to use your biometric information to login to your account, instead of your passcode.
When using passcodes you must ensure that the passcodes are not easy to guess. You must not choose a passcode that:
- is part of your mobile number;
- is numeric and represents your birth date; or
- contains single or consecutive digits (e.g. 111111, or 123456)
If you choose one of those passcodes, you may be responsible for unauthorised transactions by use of that passcode on your account.
We will tell you if there are any other passcode requirements at the time you choose the passcode.
It is a good idea to change your passcode occasionally.
Keeping your passcode secure
You must make a reasonable attempt to protect the security of your passcode. Please keep that in mind if you decide to keep a record of your passcode. The more secure it is, the less likely that unauthorised transactions will occur on your account.
Do not disclose your passcode to anyone, including a family member or friend
If you are extremely careless in not protecting the security of your passcode, you may be liable for unauthorised transactions. One example of being extremely careless is keeping a record of your passcode in a diary under the heading “Volt passcode”. There are other examples.
Please make a good effort to keep your passcode secure.
Personal use only
Your passcode is for your use or for someone you have authorised . You must not disclose it to any other person, even if that other person is a family member or a friend.
We will never ask you to disclose your passcode to us.
13. REPORTING SECURITY BREACHES AND UNAUTHORISED TRANSACTIONS
- you lose your passcode;
- someone steals your passcode;
- you know, or you suspect that, your account is no longer secure;
- you believe someone else may have used their own biometric information to gain access to your account; or
- you are aware of unauthorised transactions on your account,
We will acknowledge receiving your report and give you a reference number, if you need to follow us up.
You are not responsible for any loss arising from unauthorised transactions that occur when our phone service is not available, as long as you report to us within a reasonable time of our phone service becoming available again. If you cannot get through to our phone number immediately, please leave a message or phone us back or email us at firstname.lastname@example.org.
When you make a report, we may:
- suspend your account until we are satisfied that your account is More on suspending your account at clause 12.
- ask you to create a new passcode
14. WHEN YOU’RE NOT RESPONSIBLE FOR UNAUTHORISED TRANSACTIONS
You are not responsible for loss from an unauthorised transaction if:
- that loss was caused by the fraud or negligence of our employees or agents;
- that loss was caused by a transaction being debited more than once to your account by mistake
- that loss was caused by:
- a passcode that is forged, faulty, expired or cancelled
- a transaction requiring the use of a passcode that occurred before you created that passcode; or
- a transaction being debited more than once to your account by mistake;
- it is clear you did not contribute to the loss
- the transaction occurred after we find out that your account is no longer secure
15. WHEN YOU’RE RESPONSIBLE FOR UNAUTHORISED TRANSACTIONS
Whenever this term refers to us having to prove an event, it means we have to prove that event on the “balance of probability”. That means the event is more probable than not.
Fraud and security requirement breaches
If we can prove that you or an authorised person contributed to a loss from unauthorised transactions due to fraud, or breaching the security requirements in clause 11, you are responsible for losses that occur before you report to us that your passcode or account is no longer secure.
Clause 13 sets out how you can report those events to us.
If we can prove that you contributed to losses from unauthorised transactions by unreasonably delaying reporting that the security of a passcode or your account is breached under clause 13, you are responsible for the losses that occur between:
- when you became aware of the security breach; and
- when we were informed of that security breach
We consider all circumstances to decide whether you unreasonably delayed reporting a security breach to us.
16. WHEN YOU CONTRIBUTE TO LOSSES FROM UNAUTHORISED TRANSACTIONS
If there are losses from unauthorised transactions that:
- required the use of a passcode; and
- are not covered by clause 13 or clause 14,
you are responsible for the lowest of:
- the sum of the available balances on accounts you can access using your passcode; and
- the actual loss at the time you report to us that the security of your passcode is breached
17. LIMIT ON YOUR LIABILITY FOR UNAUTHORISED TRANSACTIONS
In any case, you’re not responsible for losses on your account from unauthorised transactions:
- on any one day that exceeds the daily transaction limit on your account under your account terms;
- in any period that exceeds any transaction limit for that period on your account;
- exceeding your available balance; or
- on any account that we have not agreed with you to be accessed using the passcode used to perform the unauthorised transaction
Please remember that you’re not responsible for any loss set out in clause 14.
18. SHARED NETWORK
We may participate with others in shared electronic payments networks. BPAY® is an example of a shared electronic payments network. There are others.
Any other network participant’s conduct does not excuse us from any obligation we owe you.
We will not ask you to:
- raise a complaint about the processing of a transaction with another network participant; or
- have that other network participant investigate your complaint or a dispute about a transaction
19. GOOGLE® PAY TERMS AND CONDITIONS
Clauses 19 and 20 apply only to Volt Spend
Google Pay is for android users.
By adding your Debit Card to Google Pay you agree to the terms in this section which will also apply to any Device you link to Google Pay and your Account.
To download the Google Pay App visit Google Play or the app store.
Google Pay is a service provided by Google and therefore we are not responsible for use of the service such as costs associated with Google Pay or it being unavailable, or the failure of third-party merchants to accept payments using Google Pay. By using Google Pay you agree that:
For your security we require you to be verified when adding a Debit Card to Google Pay. To find out how you can be verified download the Google Pay App and follow the Get Started instructions. You can also refer to the Google Pay FAQs at voltbank.com.au.
Google Pay Payments
When adding your Debit Card to Google Pay, your Google Pay payments will be processed by debiting the Account you have linked to your Debit Card.
The transaction limits that apply to your Debit Card when making payments will also apply to your Device and will not change as a result of you making a payment through Google Pay. For your security when using Google Pay you may be requested to authorise a transaction by entering the security credentials you use on your Device.
Virtual Account Number
A Virtual Account Number is used to process Google Pay Payments. For your security when you add your Debit Card details to your Device those details are replaced with a Device Account Number used by Google Pay with Mastercard. Your Device Account Number is unique for that Debit Card and will not work outside of the Google Pay App or with any other card you may have. Whenever you pay with Google Pay, it is your Device Account Number that is sent to the merchant and not your Debit Card details. The merchant will then provide you with a receipt for the payment with a partially masked Device Account Number for your additional security.
You are required to keep the Google Pay App on your Device. If it is deleted you will not receive a Google Pay Transaction Receipt for your payments. You acknowledge that deleting the Google Pay App alone will not disable Google Pay and your Device Account Number will remain on your Device. To find out how to remove your Device Account Number refer to the Google Pay FAQs at volt.com.au.
Fees and Charges
We will not charge you any additional fees for adding Google Pay to your Debit Card or Device. You are responsible however for any third-party charges associated with the use of Google Pay (such as carrier or mobile data charges).
Protection and liability for unauthorised transactions
You must keep your Device and security information safe and secure at all times, in the same way you would with your Debit Card and PIN. The requirements about protecting your Debit Card and PIN and liability for unauthorised transactions extends to your Device and Google Pay Payments. You must not share your Device security details or allow another person to register their biometric identifier (e.g. a fingerprint or retinal scan), as that person will be able to make Google Pay Payments for which you will be held responsible.
Lost or Stolen Device and liability
If your Device is lost, stolen or misused you should immediately remove your Debit Card(s) from your Device. Refer to the Google Pay FAQs for how you can do this. This will mean that you can continue to use your Debit Card to make purchases. If you are unable to remove your Debit Card from your Device you should immediately notify us to suspend or cancel your Debit Card which will include your Virtual Account Number. We will not be liable for any loss or matters beyond our reasonable control (e.g. failed third party software and network providers) arising from your use of Google Pay (subject to your rights under the ePayments Code).
Suspension or termination
We will suspend or terminate your use of Google Pay if we receive your instructions to do so. We may also suspend or terminate your use of Google Pay without notice at any time where we suspect unauthorised transactions have occurred, Google Pay is being misused, to restore the security of a system or any Card or account, or if required by law. We will give you notice if your Card is no longer eligible to use Google Pay.
20. APPLE® PAY TERMS AND CONDITIONS
Apple Pay is for Apple users.
By adding your Debit Card to Apple Pay you agree to the terms in this section which will also apply to any Device you link to Apple Pay and your Account.
To download the Apple Pay App visit the Apple Store.
Apple Pay is a service provided by Apple and therefore we are not responsible for use of the service such as costs associated with Apple Pay being unavailable, or the failure of third-party merchants to accept payments using Apple Pay. By using Apple Pay you agree that:
For your security we require you to be verified when adding a Debit Card to Apple Pay. We may use Mastercard® to verify you on our behalf. To find out how you can be verified please refer to the Apple Pay FAQs at voltbank.com.au.
Choosing Debit Cards for Apple Pay
When adding your Debit Card to Apple Pay, your Apple Pay payments will be processed by debiting the Account you have linked to your Debit Card.
The transaction limits that apply to your Debit Card will also apply to your Device and will not change as a result of you adding Apple Pay to your Debit Card. When using Apple Pay you will be requested to authorise a transaction by entering the security credentials you use on your Device.
Device Account Numbers
Each time you add a Debit Card to your Device your Device will be allocated a new Device Account Number. When you use your Device for a payment the receipt the merchant will provide you with will contain a partially masked Device Account Number rather than your Debit Card number.
Fees and Charges
We will not charge you any additional fees for adding Apple Pay to your Debit Card or Device. You are responsible however for any third-party charges associated with the use of Apple Pay (such as carrier or mobile data charges).
Protection and liability for unauthorised transactions
You must keep your Device and security information safe and secure at all times, in the same way you would with your Debit Card and PIN. The requirements about protecting your Debit Card and PIN and liability for unauthorised transactions extends to your Device and Apple Pay Payments. You must not share your Device security details or allow another person to register their biometric identifier (e.g. a fingerprint or retinal scan), as that person will be able to make Apple Pay Payments for which you will be held responsible.
Lost or Stolen Device and liability
If your Device is lost, stolen or misused you should immediately remove your Debit Card(s) from your Device. Refer to the Apple Pay FAQs for how you can do this. This will mean that you can continue to use your Debit Card to make purchases. If you are unable to remove your Debit Card from your Device you should immediately notify us to suspend or cancel your Debit Card which will include your Device Account Number. We will not be liable for any loss or matters beyond our reasonable control (e.g. failed third party software and network providers) arising from your use of Apple Pay (subject to your rights under the ePayments Code).
Suspension or termination
We may suspend or terminate your use of Apple Pay without notice at any time where we suspect unauthorised transactions have occurred, Apple Pay is being misused, to restore the security of a system or any Debit Card or account, or if required by law. We will give you notice if your Debit Card is no longer eligible to use Apple Pay.
21. NEW PAYMENTS PLATFORM
The terms in this section will apply should you choose to make payments from your Accounts through the New Payment Platform (NPP).
NPP allows for two payment types:
- Single Credit Transfers (SCTs);and
- Osko Payments.
Currently Volt only has Single Credit Transfers (SCTs) but will be subscribing to Osko in the future. We will let you know once we have Osko functionality. In the meantime terms in this section describing Osko payments will not yet apply.
Volt transaction limits for NPP Payments will be the same as currently exist for any other types of Volt transfers.
You can use PayID to make SCT and Osko payments or BSB and account number.
If you use a PayID it must be linked to one of your Volt Bank accounts through either your e-mail address or Australian mobile telephone number.
Once you create a PayID people can use that to make a payment to your Linked Account.
Each PayID can only be linked to one account at a time. For example, you can use your Australian mobile number and email address as the PayID for one of your Volt accounts but then you can’t use the same PayID for another account at the same time. But you can have several PayIDs for that same account.
Creating your PayID
You can create a PayID for your Volt account when you log in to your account.
In creating a PayID, you must confirm that:
- you own, or are otherwise authorised to use, the PayID you choose;
- the PayID is current, accurate and complete;
- you are authorised to operate the account to which the PayID relates; and
- you agree to your PayID being created in the PayID Service.
We can refuse your request to create a PayID where:
- we have not verified your identity;
- we are not satisfied that you own or are otherwise authorised to use the PayID you choose;
- we reasonably suspect that the PayID is or has been or will be used for a fraudulent purpose;
- we consider the PayID could mislead or deceive a payer into sending you NPP Payments intended for another payee, or that we otherwise deem inappropriate;
- we are required to do so by law or by the operator of the New Payments Platform; or
- the PayID is already created.
Where your attempt to create a PayID is unsuccessful, we will tell you. This may be because the PayID is already registered to someone else, or an incorrect format has been used, or the account against which it is being registered is not in scope for the PayID Service. We cannot however disclose personal information to you in connection with duplicate PayIDs.
If the PayID is already registered to you (but on another account), you may choose to transfer that PayID to your Volt account.
If the PayID is already created by someone else for less than 6 months, we will try to assist you to resolve the issue by contacting the financial institution or other entity that registered that PayID, who is then required to contact their customer who registered the PayID to establish if that customer has the right to use the PayID. If that person cannot establish that they are the rightful owner of the PayID, their financial institution is required to close that PayID. We may share with you the details of the other financial institution but can't disclose the identity of the other customer or their account details to you.
When you create your PayID, we will issue you with a PayID Name which is a reasonable representation of your account name. For example if an account is held in the name of Jane Doe you can have a PayID Name like J. Doe, to ensure that the payer can confirm that they are sending the funds to the correct payee.
Transferring your PayID to a different account with Volt or another financial institution
You can transfer your PayID to another account with us, or to an account you have with another financial institution. You can do this through the ‘PayID’ function in our Volt app, Partner app or as otherwise directed which means that we will temporarily lock and transfer your PayID to another account. You will not be able to use your PayID while your PayID is locked.
In transferring a PayID, you are representing that you have authority to use the PayID.
A request to transfer your PayID to another eligible account with us will generally be effective immediately.
A transfer of your PayID to another financial institution will require that other financial institution’s PayID to effect the transfer.
Until the transfer is complete, payment to your PayID will continue to be directed to your Linked Account with us, unless your PayID is locked. If the other financial institution does not complete the transfer within 14 days, the transfer will be deemed to be ineffective and your PayID will remain with your current Linked Account. You can try to transfer your PayID again at any time.
Transferring your PayID from another financial institution to Volt
To transfer a PayID from an account held with another financial institution to us will require you to start the process with that other financial institution and then complete the transfer with us by creating a PayID when you log in to your account.
Maintaining and altering your PayID
You must keep your PayID details current, accurate and complete. Please notify us promptly of any change to your PayID details.
if you no longer own or have authority to use your PayID you must arrange to close your PayID immediately.
Locking your PayID
We can lock your PayID at any time without notice if we reasonably suspect that your PayID has been used for a fraudulent purpose or there is suspected suspicious activity relating to the use of the PayID.
You will not be able to transfer your PayID or receive payments addressed to your PayID while your PayID is locked.
Closing a PayID
You can close your PayID at any time through the ‘PayID’ function in the Volt app or when you log into your account.
In closing a PayID, you confirm that:
- you are authorised to operate the account to which the PayID relates; and
- you have, or had in the past, authority to use, the PayID.
Closing a PayID will result in us removing your PayID from the PayID Service.
We can close your PayID where:
- we reasonably suspect that the PayID is or has been used for a fraudulent purpose;
- there is suspected suspicious activity relating to the use of the PayID;
- your PayID has remained locked for a period that we consider to be unreasonable; or
- we are required to do so by law or by the operator of the New Payments Platform.
We will automatically close your PayID:
- if the Linked Account for that PayID is closed (unless you are working with us to open another account);
- where there is evidence that you no longer have the right to use it or it is no longer in use;
- if it has not been used in 3 years; or
- if it has been inactive for 3 months or more and we have been unable to contact you to resolve a conflict with someone else using or attempting to use the same PayID.
Receiving money to your PayID
Not all accounts and payment types support payment to a PayID. The ability for a payer to pay your PayID depends on the payer’s financial institution and on the type of account and payment to be made. As a result, in some cases you may need to provide your BSB and account number to the payer to arrange a payment.
Mistaken and Misdirected Payments
Where an NPP Payment made to your account is made by mistake, we may, without your consent, deduct from your account an amount equal to that mistaken payment. A payment made by mistake includes a fraudulent payment, an over payment, a duplicate payment, a payment error made by us or a Misdirected Payment.
Making Payments to a PayID
Not all accounts have PayID but you do not need to have PayID in order to make a payment to someone.
If you do not give us all of the information required by Volt to make a payment or if any of the information you give us is inaccurate we may not be able to make the payment.
When you enter the PayID in the payee field of the relevant service, we will check to confirm that the PayID has been created in the PayID Service. Where it has, we will display to you on screen the Shortname attached to that PayID. You must check that the Shortname displayed matches the person that you intend to pay. If you do not recognise the Shortname or the Shortname does not match who you intend to pay, you should contact your intended payee to confirm that all details are correct before proceeding to make the payment. Incorrect details could result in a payment to the wrong account and may result in loss of your funds.
Once an NPP Payment is made we will not be able to cancel it so it is important that you confirm the information you provide to us is correct.
Where you make a NPP Payment from an account that has a debit card attached to it, you are making the payment from the account and not the card and as such chargeback rights do not apply.
When you direct a payment to a PayID connected to a joint account, the other accountholders may be able to see the messages and notifications associated with the payment.
How we process future dated payments to a PayID
Volt will soon be introducing the ability to make future dated payments to a PayID. We will let you know once this functionality is enabled.
Once future dated payments are available we will attempt to make payments on the nominate scheduled payment dates. As a result you should ensure that you have sufficient funds available in your account to make the payment. We may decline to process the payment if, at the time we try to make the payment, you don’t have sufficient funds in your account.
On the scheduled payment day, before we try to make the payment we check the PayID Service to confirm whether the PayID and/or BSB and account is still registered and whether there has been a change in the name attached to the PayID since the time you set the payment up. We won’t be able to process the payment if the PayID is no longer registered or is locked, and we won’t process the payment if the name attached to the PayID has changed. You should check the payment status at the end of the day that the payment was scheduled to be made to confirm whether it has gone through
Suspension and termination
You may stop using the PayID Service at any time.
PayID may also be temporarily unavailable to enable us to make system maintenance or upgrades.
If our participation in, or the provision of, the New Payments Platform is suspended, ceases or cancelled at any time we will be required to terminate the PayID Service. We will provide you with as much notice of this as is possible if this occurs.
Notification may include by posting to our website or through direct communication with you.
Volt will be subscribing in future to Osko under the BPAY® Scheme. We will let you know once this functionality is enabled.
All eligible accounts will be able to receive or send Osko Payments. You will need to use the Volt app in order to view full remittance details or other data that is sent with an Osko Payment to your account. When making an Osko Payment, you must not enter inappropriate payment descriptions such as insulting or defamatory text. We will not be liable to you or any other person for inappropriate payment descriptions.
Payments using Osko are not BPAY payments.
For eligible accounts, you can make Osko Payments through our Volt app or other login. We will not be obliged to make an Osko Payment if you do not give us all of the information we require or if any of the information you give us is inaccurate.
You can make Osko Payments to a PayID or to a BSB and account number, provided that the account that you are paying is able to receive Osko Payments. Some payees might not be able to receive Osko or NPP Payments, depending on their account or payment type or their financial institution.
If the PayID or account that you entered does not accept Osko Payments but is capable of accepting other types of NPP Payment, we may send the payment as another NPP Payment type. In this case, we will still send the payment in near real-time but the timing of making the funds available to the payee is at the discretion of the receiving bank.
You should ensure that all information you provide in relation to any Osko Payment is correct as we will not be able to cancel an Osko Payment or other NPP Payment once it has been processed by us.
Where you make an Osko Payment from an account that has a debit card attached to it, you are making the payment from the account and not the card and as such chargeback rights do not apply.
When you receive an Osko Payment it will immediately form part of the available balance of your account, even if you receive the Osko Payment after the end of a banking day. However, where you receive an Osko Payment after the end of a banking day, that payment may not be included in the balance of your account for other purposes (such as interest, fees or overdrawing calculations) until the next banking day.
Suspension and termination of OSKO
You may stop using the Osko service at any time.
We may suspend your ability to make Osko Payments or other NPP Payments at any time where we believe on reasonable grounds that it is necessary to do so to prevent loss to Volt or you, including where we suspect that the service is being used or will be used in a fraudulent manner.
We may also make the service temporarily unavailable for the purpose of performing system maintenance or upgrades.
We will be required to terminate the Osko service if our membership with BPAY or our participation in Osko is suspended, ceases or is cancelled or if BPAY ceases to provide the Osko service. We will provide you with as much notice of this as is possible in the circumstances if this occurs.
Notification of the above may include by posting to our website or through direct communication with you.
Privacy and NPP and Osko
By registering your PayID, you agree to your registration with the PayID Service provided on behalf of Volt by Australian Settlements Limited and hosted by NPP Australia Limited.
In order to provide you with the NPP service and Osko service, we may need to disclose your Personal Information to third parties. You consent to the collection, storage, use and disclosure of information about you (such as your PayID, PayID Name and account details) for Volt and other parties to access, use, disclose and store when facilitating payments or registering and validating PayIDs, including NPP Australia Limited, BPay Pty Limited, Reserve Bank of Australia, Australian Settlements Limited, other PayID Service participants or financial institutions and service providers to these entities.
To help payers identify who they are paying, your PayID Name may be displayed alongside your PayID to any person that enters your PayID as the address for an intended payment. For example, if your mobile number is your PayID, then any person who enters your mobile number in the payee address field of their internet banking may see your PayID Name attached to that mobile number.
Where you hold a joint account, other account holders may be able to see messages and notifications associated with payments and other messages addressed to your PayID.
If we are not able to access, collect, store, use and disclose your Personal Information as set out in this section, then we may not be able to provide you with the NPP or Osko services.
22. SYSTEM MALFUNCTION
You are not responsible for loss caused by a system or equipment, supplied by any party to a shared electronic network, failing to complete a transaction that system or equipment accepted on your instructions.
If you should have been aware that the system or equipment was not available or not working properly, we may limit our liability for losses under this term to:
- correcting any errors
- refunding any fees or charges you incur relating to the failure of that system or equipment
23. GENERAL SECURITY TIPS
Here are some general thoughts on keeping your Internet Banking life safe and secure.
We recommend that you:
- use virus protection software on all electronic devices you use for access to the internet;
- be wary of emails (phishing emails) that ask you for information about you or your bank accounts or that ask you to click through a link in the They can result in giving a fraudster access to your personal information or introducing malware into your computer.
- we will never send an email asking for your username or passcode, or asking you to click on links in an email concerning these;
- it is your responsibility to make sure you have and pay for all necessary connections, like PC equipment and software, a secure telephone line, electricity and a secure internet service provider, to enable you to access our electronic banking services; and
- we will accept blame for failures by us but we are not responsible for services we cannot give you due to you not taking adequate security or anti-virus measures.
24. PRIVACY AND DATA COLLECTION
We are careful to protect the personal information we collect about you. We may use your personal information to help us manage our relationship with you efficiently and assist us to improve our service to you.
Volt may collect personal information about you to enable your Volt account to properly function, for security purposes and for Volt to:
- better assist you, if you contact us for help;
- tell you about other products or services that may be of interest to you; and
- further develop your account.
Volt also uses a number of third parties to collect information about you for your security and to tell us how you use the Volt account. Generally, they do not collect personal information about you. We will tell you if they do.
Volt uses the information third parties collect for us to:
- report system crashes;
- perform statistical analysis of aggregate user behaviour;
- give you assistance;
- further develop the Volt account;
- detect potentially fraudulent activity; and
- ensure the Volt account functions properly.
Volt will not use this information in any other manner. You agree that Volt and the third parties may collect and store various information about you for these reasons.
If you do not consent to the collection of this information you should cease using the Volt account.
We communicate with you electronically to the email address you nominated in the application for your account and in any other way we are legally permitted, including advertisement and SMS. That communication includes notification around availability of account statements and changes to these terms and details of upcoming system maintenance. We expect there will be other communication.
We want to keep up with you. If you change your:
- email address
- mailing address
- residential address or
- phone number
We may ask for additional information before we make some changes for your own protection and to ensure we have the right details about you.
26. CHANGES TO THESE TERMS
We tell you about any changes to these terms in the same manner specified under Part E of your Volt Save or Spend Terms and Conditions. Most changes under these Electronic terms will take effect immediately or on the same day as you are notified.
Transaction limit changes
If we change the terms to remove or increase a limit on a transaction, we tell you how the change may increase your liability for unauthorised transactions under clauses 14 and 15.
The current version of these terms will always be available to view at voltbank.com.au/electronicterms.html.
From time to time, we may get it wrong. If this happens, please tell us. We appreciate constructive feedback. The more information you give us, the easier it will be for us to improve.
Get in touch with our Customer Care team if you want to:
- find out the interest rates on your account
- understand terms that are not clear to you
- provide feedback on how we can improve our products or services
- make a complaint
We’ll do our best to answer your questions within one business day. It may take us a bit longer to deal with complaints if we have to investigate.
Mistaken Pay Anyone payments
You can complain to us under this clause if you are unhappy with the way we deal with your report about a mistaken payment under clause9. We will deal with your complaint as set out in this clause.
If you complain about a transaction you believe to be an unauthorised transaction, we will manage your complaint in accordance with the ePayments Code. We will ask you for certain information about:
- that transaction; and
- the way you looked after your username and passcode.
We will investigate your complaint as quickly as we can.
In most cases, we expect to determine an outcome for your complaint within 45 days after receiving it. It will help us to resolve your complaint quickly, if you give us all the information we request quickly.
Within 21 days after receiving your complaint, we will give you a status report and tell you either:
- the outcome of our investigations; or
- that we need more time to investigate.
Taking it further
If you do not agree with the outcome of our investigations or if you consider we have not complied with the ePayments Code in managing your complaint, you can take your complaint
to the Australian Financial Complaints Authority (AFCA), the external dispute resolution scheme of which we are a member.
AFCA is free to you. If you ask them to review your complaint, AFCA will discuss the complaint with you and us while they seek to resolve the complaint.
AFCA’s contact details
Australian Financial Complaints Authority (AFCA) 9:00am–5:00pm AEST weekdays
1800 931 678 (free call within Australia)
Australian Financial Complaints Authority Limited GPO Box 3
Melbourne, VIC 3001
(03) 9613 6399
If you have a complaint about the way we manage your personal information, you can make a complaint to AFCA or to the Office of the Australian Information Commissioner (OAIC).
OAIC contact details
28. GOVERNING LAW
These terms are governed by the law of New South Wales. If any term is invalid or unenforceable for any reason, the particular term will be void and the remaining terms will continue to govern your use of our account.
29. WHERE TO GET HELP
- want us to explain any of these terms to you; or
- have read these terms and any FAQs and still cannot find the answer to questions; or
- just want to chat about ideas you have for improving our products or services
please email us at email@example.com or contact us by Live Chat in the Volt app or phoning us on 13 VOLT (13 8658) during our standard business hours.
You can also visit the FAQ page on our website at voltbank.com.au/help.
You can report security breaches and unauthorised transactions by using the Volt app or by phoning us on 13 VOLT (13 8658). More details on this at clause 13.
ACCOUNT means any account you have with Volt which you can only access by way of Electronic Banking.
APPLE® means Apple Inc. and is a trademark of Apple Inc., registered in the U.S. and other countries.
APPLE PAY means the service provided by Apple that enables you to make Apple Pay Payments. Apple and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.
APPLE PAY PAYMENT means a contactless transaction used by holding your Device to a contactless terminal until the transaction is completed. This includes merchant mobile sites, mobile applications and websites which permit you to use Apple Pay to make your payment and any other method allowed by Apple from time to time. This also includes refunds processed using Apple Pay.
APPLE PAY TRANSACTION RECEIPT means a receipt which complies with the ePayments Code and provides you with details about your transaction including the Device used for the transaction.
ASIC means the Australian Securities and Investment Commission.
ATM means automated teller machine that accepts plastic cards for cash withdrawals and other account services.
BILLER is any person you can make a payment to using BPAY®.
BPAY® is a registered trademark owned by BPAY Limited ABN 69 079 137 518 and a system you can use to make payments from your Volt Spend account to others, generally, suppliers of goods or services to you.
BPAY® SCHEME means the scheme operated by BPAY which governs the way in which Osko is provided.
DEBIT CARD means a Volt debit Mastercard® we will issue to you which allows you to transfer money electronically from your Volt Spend account when making a withdrawal or purchase.
DEVICE means a device such as a phone, tablet or smartwatch which contains near field communication (known as NFC) technology and uses an operating system on which we determine, in our sole discretion, Volt debit cards may be registered.
DEVICE ACCOUNT NUMBER/ VIRTUAL ACCOUNT NUMBER means the number created by Mastercard® and Apple or Google (as applicable) and stored on your Device for use when making an Apple Pay or Google Pay Payment. This number is unique to your Debit Card stored on your Device and represents your Debit Card number for transactions using Apple Pay or Google Pay (as applicable).
DIRECT ENTRY means internet banking transactions to and from Volt accounts through use of direct debit and direct credit instructions.
EPAYMENTS CODE means the set of rules we subscribe to for the way we manage electronic transactions. All transactions you can make on your account are electronic transactions. The ePayments Code is set out in more detail in the Volt Electronic Banking Terms and Conditions.
GOOGLE® means Google Asia Pacific Pte. Ltd ABN 54 341 015 381 and/or its related bodies corporate and affiliates.
GOOGLE PAY means the service provided by Google that enables you to make Google Pay Payments
GOOGLE PAY APP means the app called by that name available from the Google Play store which you will find on your Device.
GOOGLE PAY PAYMENT means a contactless transaction used by holding your Device to a contactless terminal until the transaction is completed. This includes merchant mobile sites, mobile applications and websites which permit you to use Google Pay to make your payment and any other method allowed by Google from time to time. This also includes refunds processed using Google Pay.
GOOGLE PAY TRANSACTION RECEIPT means a receipt which complies with the ePayments Code and provides you with details about your transaction including the Device used for the transaction.
LINKED ACCOUNT’ means an account linked to a PayID.
MASTERCARD® means Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
MASTERCARD RULES are the rules Mastercard issue from time to time which we and merchants are obliged to follow.
MISDIRECTED PAYMENT means a NPP Payment erroneously credited to the wrong account because of an error in relation to the recording of the PayID or
MONTH is a calendar month.
NPP® means the New Payments Platform operated by NPP Australia Limited.
NPP PAYMENT means a faster payment cleared and settled via the NPP in near real-time and includes Osko Payments.
OSKO® means the Osko Payment service provided by BPAY Pty Ltd.
OSKO PAYMENT means a payment which can be made in only seconds to another payee using Osko. Osko Payments are unique in that the industry is committed to processing 95% of these payments into recipient accounts within 15 seconds, and 99% of transactions into accounts within one minute.
PASSCODE is any password or code that you create or that we or any third party gives you that must be used before we or the third party processes a transaction. This includes PINs, internet, phone, mobile banking, passwords and codes generated using a security token.
PAY ANYONE is a way to transfer funds, between accounts you hold in Australia, using the Direct Entry system.
PAYID means a unique identifier and which is any of the following, which can be linked to an account for the purpose of directing a NPP Payment or instructions to that account:
- a telephone number or email address; or
- any other type of identifier as permitted by NPP and supported by us.
PAYID NAME means the name registered with a PayID which identifies the owner of the account associated with the PayID Service.
PAYID SERVICE means the payment addressing service for sending and receiving a NPP Payment.
PARTNER APP means the app or other online banking access of a Third Party Partner used to access a Volt Account.
PERSONAL INFORMATION is information or an opinion about you, as an individual, and from which you can be identified.
“PIN” means a personal identification number which is a numerical code that may be required to be entered as an additional security layer to complete various financial transactions.
SINGLE CREDIT TRANSFER or SCTs means a credit payment message, other than an Osko® payment, which allows for single payments to be sent and received by NPP within a few hours for the benefit of a payee with another NPP participant.
SMS stands for Short Message Service and is the most widely used type of text messaging to your mobile phone.
STANDARD BUSINESS HOURS 8.00am – 8.00pm (Sydney
time), five days a week (excluding Australian public holidays and NSW state based holidays).
THIRD PARTY PARTNER means any third party you use to apply for an account with Volt.
TWO-FACTOR AUTHENTICATION is when we send a code to you, in order to confirm certain requests or transactions relating to your account.
USERNAME is the email address that you can use with your passcode for accessing your account via the Volt app.
VOLT ACCOUNT means, as applicable, your Volt Spend or Volt Save account.
VOLT APP means an app for compatible iOS and Android mobile phones and/or tablet devices to enable you to open and operate your account.
WE, US and VOLT means Volt Bank Limited ACN 622 375 722 Australian Financial Services Licence 504782 and our means belonging to us.
YOU is a person that applies to open or opens an account.