Heritage Finance Holdings Corporation is currently reviewing its position in relation to the RBA’s decision on 6 September to increase the Official Cash Rate. We'll make an announcement here as soon as we finalise our decision.
Frequently Asked Questions
What is Single Credit Transfer (SCT)?
Single Credit Transfer (SCT) is a service on the NPP that enables near real time payments 24/7, including weekends and public holidays.
Currently, Heritage Finance Holdings only accepts NPP Single Credit Transfers (SCT). If someone sends a NPP OSKO payment to your Heritage Finance Holdings account, most banks will convert the payment to SCT to allow Heritage Finance Holdings to receive it. However, some banks may not convert the transaction so an alternative payment method is required. In these instances, you will need to provide your BSB and account number.
To learn more about NPP and how to set up your PayID, visit our New Payments Platform faster payments page.
