Detailed Guide for Connecting PayID to BankWest

The goal of the New Payment Platform PayID BankWest is to simplify payment transactions, speed up processing, and maximize transaction security on the green continent. However, users’ lack of knowledge about setting up a PayID account often deters them from experiencing the financial instrument’s benefits. We will help you understand the ease of setup in Australia.

PayID BankWest: What is it?

The PayID payment system is the possibility of direct bank transfers using a unique identifier, in the role of which you set your email address or mobile phone number. Users can register one mobile ID or 5 emails to set up PayID.

BankWest with PayID will make your life and online transactions much easier, as users only need to submit their ID with an attached name to receive payment. At the same time, the system has a high level of security and encryption of transfers. Even if transactions are intercepted, the company promises to compensate for your losses.

Setting up PayID in BankWest for Newbies

Our experts initially conducted their tests to provide instructions. Setting up your PayID with BankWest is quite simple:

1. Create your PayID – users will use the BankWest app or online banking. Visit the Advanced tab at the bottom of the main menu in the app. Therefore, click the PayID button, select Add PayID, and then follow the instructions to enter the data and complete the registration. For those who appreciate registration through online banking, everything is also simple: go to Self-Service and then find PayID. You need to select Add PayID and enter vital information to complete registration.
2. Making a payment to someone through PayID BankWest – the procedure requires going to your online platform and entering authorization data. You will then see the name of the PayID owner or company registered with the service. After checking all the details and the recipient’s name, enter the payment amount and click Send. Bank transfers are processed instantly.
3. Receive Payments via PayID BankWest – To receive funds, you must provide your ID to the payer. If you don’t remember it, go to your bank’s app and tap More. Find the PayID tab and copy the ID. A Share option will allow you to select the recipient and the platform through which the message will be sent: Facebook, Whatsapp, Messenger, etc. Once they receive your ID, the sender will enter your ID into their banking app and send the funds once they receive it.

PayID BankWest Limits

As with any other payment instrument, PayID BankWest has limitations for instant transfers. You will always see this information in the settings, but we will publish the data found just in case.

The Bankwest PayID limit is AUD 1,000 per transaction, and the default daily transfer limit is AUD 5,000.

Are There Possible Delays When Paying Through PayID BankWest?

Based on personal experience with PayID, analysts of our resource say any transfers using the system are processed in a few seconds through Osko. But we also encountered some delays due to the following factors:

• Additional security checks – the banking establishment has the right to delay the transaction for up to 24 hours for detailed security checks and user identification – KYC
• Incorrect ID or data – the sender entered incorrect information or incorrectly indicated the recipient’s PayID

PayID BankWest: What is 4 Hours?

BankWest PayID 4 hours is a situation that most users of this bank face when trying to transfer money to a new PayID. According to our observations, the first transfers using BankWest are delayed by up to 4 hours. This is necessary for detailed verification of the transfer and the security of further transactions with confirmation of the user’s identity.

Final Line

We helped you quickly create your PayID and link it to a banking establishment in a few minutes. Now you can use PayID in pokies online. This will allow you to complete instant transactions anonymously through secure channels. If you encounter problems at this stage or BankWest PayID is not working, don’t hesitate to contact your bank’s 24/7 support.