You need to transfer funds in to your RateSetter account before you can start lending. Login to your RateSetter account, then click ‘Transfer funds in’ to start this process. The minimum initial amount you can transfer in is $10.

You can transfer in funds by BPAY or bank transfer. If you choose to transfer in funds via bank transfer, please make sure you specify the payment reference we provide on screen during the transfer process to help us identify your funds.

We will confirm by email when your funds have been received and are available in your holding account. Funds will ordinarily be received in your holding account on the next business day after you make a transfer, depending on your bank.