Phone/Email Password & Nominated Account

Our October 2008 edition of BIFNEWS indicated that the terms and conditions associated with a Phone/Email Password changed, and this occured effective from 22 October 2008.

Phone/Email authorised withdrawal transfers between induemoney Cheq accounts and/or BFS accounts are unlimited. Withdrawal transfers paid into a Nominated Financial Institution Account with an external financial institution may now be made for an unlimted amount using your Phone Email/Password. The amount of a Phone/Email authorised withdrawal transfer paid into any other external financial institution account is now limited to $2,000 per account per day.

BFS's Product Information Statement - Offer Document provides full details. The new Phone/Email Password & Nominated Account form can be accessed from the Forms section of this website.