Cheques.

There are only a handful of banks that have direct access to the chequing network. Most banks rely on agreements with these banks to participate in chequing services. Given the reduction in cheque usage and upcoming national exit of cheques, many of these agreements, including Beyond Bank's, are not being renewed.

Any leftover cheques can be destroyed. You don’t need to return these to us. Here are some ways that you can securely destroy unused cheques:


Tear off the signature section

• Start your tear from just left of the ‘OR BEARER’ text, close to the middle of the cheque.
• Dispose of the signature and cheque sections separately.


Shred the entire chequebook

• If you have access to a paper shredder, simply shred the entire chequebook!


Write ‘CANCEL’ all over the chequebook

• You can render a chequebook void by simply writing the word ‘CANCEL’ on each individual cheque.

Be sure to retain any cheque stubs for cheques you have written for your records.

You can continue to deposit non-Beyond Bank cheques into Beyond Bank accounts. However, please contact us to discuss safer and more efficient ways to receive your pay. 

Ask them for their BSB and bank account number so you can pay them directly into their bank account instead. This is the fastest, easiest, and most secure way to pay them.

Ask if the payee has a PayID which would be their mobile phone number, email address or ABN linked to their account. This is another secure and fast way to pay, with the added benefit of allowing you to confirm the payee’s name before processing the payment.

You can also ask them what other forms of payment they accept.

All valid corporate cheques and personal cheques will need to be presented before 17 May 2024, after which the cheque will not be honoured.   

You can use the Mobile App or Internet Banking to pay someone or pay a bill. There are daily limits, so you’ll need to get in touch if it’s a large amount, but we can help get you sorted. Just give us a call on 13 25 85. 

Our online banking service allows one signatory to set up a payment and a second signatory to authorise the payment before it can be processed.

For those who use two-to-sign cheques on joint accounts, if online banking is not a suitable option, our team can talk you through other options.

Currently, active customers can continue to bank Foreign Exchange cheques issued by other financial institutions. However, international payments, also known as telegraphic transfers, are a faster and more secure way to send and receive money to and from overseas. This process usually takes approximately three to five working days (for common currencies) once initiated by the remitting bank, and the funds are deposited as clear funds into your account. Find out more about International Payments.