SCAM ALERT: News of the merger between Auswide Bank and MyState Bank can attract scammers. There is a possibility you could receive emails, texts or phone calls from fraudsters about the merger and asking you to verify account information. To avoid becoming a victim of a scam, it’s important to stay vigilant and to keep an eye out for information about the merger and scam awareness via our official channels.
Auswide Bank home loan redraw is available online via internet banking or on application at a branch or by completing the Redraw of Advance Funds form*.
When making a redraw request the following payment methods+ are available:
- Transfer to an Auswide Bank account
- BPAY®
- Real Time Gross Settlement
- External Payment
Payment by bank cheque is also available when making a redraw request in writing or at a branch.
NOTE:
- Any redraw will be debited to your loan account and will incur interest on the same basis as the principal owing under your loan.
- Where multiple signatories are required to operate the loan, all signatories will be required to authorise. For internet banking, this will require all signatories to be registered for Internet Banking.
* A redraw fee may apply to redraws performed at branches or upon written request.
+ Depending on the access method you choose to receive redraw funds, other fees & charges may apply
® Registered to BPAY Pty Ltd (ABN 69 079 137 518).