Creditor Payments

This information and the attached form is for use by staff of the Department of Education, Tasmania when making payments to creditors for goods and services provided to the Department.

Preferred Payment Method - Electronic Funds Transfer

The preferred payment method of accounts is by way of electronic funds transfer direct to creditor bank accounts.

Creditors authorise payments direct to their bank accounts through the completion of a Bank Account Advice Form detailing:-

their bank name and branch,
the relevant bank BSB,
the bank account number, and
the name in which the account is held.

Bank account details are used for payment purposes only and are treated confidentially.

On the day of payment a remittance advice is faxed or e-mailed to creditors detailing all invoices and amounts paid. The remittance advice is mailed to those creditors who do not have a fax machine.