How long does it take for a Direct Debit to clear?

For Employer-initiated Direct Debit, all you need to do is click Confirm and Send in the portal.  This triggers a request for the Clearing House to debit your nominated financial institution account for the exact amount of the submission.  You control when the payment occurs as it depends on when you complete the upload process.

Timing

If you submit your contribution data before 4pm AEST on a business day, the Clearing House will debit the nominated account that day.  A standard clearance period of 3 Banking Days is in place to protect against any dishonours before sending contributions to the super funds.

The above timing assumes the submission was made before 4pm AEST and all days are business days.