The Credit Union's cheque book facility operates on your Personal Account (S1), Reward Account (S8), 55Plus Account (S3) or Business Account (S2).
An application to use the facility is necessary and approval will be at our discretion. Application forms are available at any of our offices.
Approved members are issued with a cheque book - 25, 50, 100 or 200 forms - and simply write out cheques against the funds in your Account. It takes approximately 7-10 days to obtain the first cheque book from the printers.
National Bank acts as our agent to process cheques through the Australian Payments Clearing Association's system. Some cheque books will have the National Bank logo on them, others will the logo of our industry body - Cuscal. In any case, you are not able to cash cheques at the National Bank.
The provisions of the Mutual Banking Code of Practice apply to this facility. Please refer to the Terms and Conditions which apply to the Member Chequing Facility.
Members may purchase a Corporate Cheque from the Credit Union.
Our Corporate Cheques are treated as Bank Cheques.
No Stop Payments will be accepted on a Corporate Cheque unless the cheque has been lost or stolen and you sign an appropriate declaration and indemnity.
Information on Cheques
A fee will be charged for issue of a Corporate Cheque, as well as a request for any stop-payment requests, both corporate and member cheques. Member cheque withdrawals are subject to some fees, so please refer to the Schedule of Fees and Charges for more information.