Bank Details - Step 9

This bank account will receive your net raffle proceeds after conclusion.

🏦 Account Requirements

• Must be beneficiary organization's account (preferred)

• Not personal or business accounts unless authorized

• See following pages for exceptions/custom arrangements

⚠️ Important Notice

• Double check all details carefully

• Incorrect transfers cannot be retrieved

• Verify:

  • Account name

  • BSB

  • Account number

📅 Payment Schedules

Standard Payment

• Single lump sum at raffle conclusion

State-Specific Requirements

• Victoria: Weekly installments (default)

• Western Australia: Weekly installments (default)

• Note: Can opt out of weekly payments for single payment in admin portal

✅ Best Practices

• Use organization's official account

• Confirm details with treasurer

• Review details before submission

🔄 Custom Arrangements

• See following section for:

  • Alternative recipient options

  • Custom payment arrangements ( e.g. invoicing, international)

Need to discuss payment arrangements? Contact our support team for assistance.