The Direct Payment Form is a critical document used in Australian business operations to establish and maintain automated payment arrangements between parties. It serves as both a legal authorization and a practical tool for managing recurring payments, whether they're for services, subscriptions, loan repayments, or other regular financial commitments. The form must comply with Australian banking regulations, BECS rules, and privacy laws, making it essential for businesses that process regular payments from customers. It typically includes comprehensive details about the payment arrangement, including account information, payment schedule, and terms and conditions. This document is particularly important in today's digital economy where automated payments are increasingly common, providing businesses with a secure and efficient way to collect payments while offering customers convenience and clarity about their financial commitments.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Account Holder Details: Full legal name, contact information, and address of the account holder
2. Payment Authorization: Express authorization from the account holder to debit their account
3. Bank Account Details: BSB, account number, financial institution name, and account name
4. Payment Schedule: Frequency, amount, start date, and duration of payments
5. Privacy Notice: How personal information will be collected, used, stored and disclosed
6. Terms and Conditions: Standard terms governing the direct payment arrangement
7. Declaration and Signature: Formal declaration of understanding and agreement, with signature block
1. Variable Payment Details: Used when payment amounts may vary - includes maximum amount and notification requirements
2. Credit Card Authorization: Alternative section for credit card payments instead of direct debit
3. Business Details: Required when the account holder is a business entity rather than an individual
4. Joint Account Authorization: Additional authorization section required when the bank account has multiple signatories
5. International Payment Details: Additional information required for international bank accounts (SWIFT codes, etc.)
1. Schedule of Payments: Detailed breakdown of payment dates and amounts if multiple or varying payments are involved
2. Direct Debit Service Agreement: Standard terms and conditions of the direct debit service as required by Australian banks
3. Privacy Policy: Detailed privacy policy referenced in the main form
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Retail
Utilities
Telecommunications
Insurance
Real Estate
Education
Healthcare
Professional Services
Subscription Services
Non-Profit Organizations
Government Services
Relevant Teams
Finance
Legal
Compliance
Customer Service
Operations
Administration
Sales
Treasury
Credit Control
Accounts Receivable
Payment Processing
Contract Administration
Relevant Roles
Finance Manager
Accounts Receivable Officer
Compliance Officer
Legal Counsel
Customer Service Manager
Banking Operations Manager
Credit Controller
Financial Controller
Administration Manager
Business Development Manager
Sales Administrator
Contract Administrator
Payment Services Manager
Treasury Manager
Find the exact document you need
Request Deposit Back Letter
An Australian jurisdiction formal letter requesting the return of a rental bond or security deposit from the relevant authority or landlord.
find out more
Rental Bond Receipt
An Australian-compliant template for documenting rental bond payments in residential tenancy arrangements, meeting state-specific legal requirements.
find out more
Foreign Direct Deposit Enrolment Form
An Australian-compliant banking form for establishing foreign direct deposit arrangements for international payments and transfers.
find out more
Bond Deposit Form
An Australian legal document for registering and lodging residential rental bond payments with relevant state/territory authorities.
find out more
Security Deposit Itemization Form
An Australian legal document detailing deductions from a tenant's security deposit, providing itemized charges and final settlement amounts in accordance with state/territory tenancy laws.
find out more
Earnest Money Agreement Form
An Australian legal document formalizing a buyer's commitment to purchase property through earnest money deposit, outlining terms for holding and releasing funds.
find out more
Statutory Declaration Deposit
An Australian legal document providing a sworn statement about a financial deposit, verified by an authorized witness under the Statutory Declarations Act 1959.
find out more
Business Direct Deposit Form
An Australian business banking form for establishing direct deposit arrangements and electronic fund transfers in compliance with local banking regulations.
find out more
Security Deposit Receipt
An Australian-compliant template for documenting security deposit receipts, meeting state and federal legislative requirements.
find out more
Real Estate Deposit Receipt
An Australian legal template acknowledging receipt of property purchase deposits, ensuring compliance with national and state-specific real estate regulations.
find out more
Holding Deposit Agreement
An Australian legal agreement governing the payment and handling of property holding deposits, setting out terms for securing a property during the initial purchase phase.
find out more
Deposit Receipt
An Australian-compliant template for documenting and acknowledging receipt of deposit payments, ensuring legal protection for all parties involved.
find out more
Deposit Contract
Australian-compliant deposit contract template establishing terms between financial institutions and depositors, aligned with local banking regulations and consumer protection laws.
find out more
Certificate Of Deposit
An Australian-compliant template for Certificate of Deposit agreements between financial institutions and depositors, incorporating all necessary regulatory requirements and terms.
find out more
Rental Deposit Agreement Form
An Australian legal document establishing terms for rental deposit/bond management between landlords and tenants, ensuring compliance with state residential tenancy laws.
find out more
Recurring Deposit Form
An Australian-compliant banking form for establishing recurring deposit arrangements, capturing deposit schedules, terms, and customer details.
find out more
Paycheck Direct Deposit Form
An Australian-compliant authorization form for setting up automatic paycheck deposits into employee bank accounts.
find out more
Fixed Deposit Receipt
An Australian-compliant banking document evidencing a time deposit, specifying deposit amount, interest rate, term, and maturity details.
find out more
Fixed Deposit Form
An Australian banking document that establishes the terms and conditions for a fixed-term deposit account, compliant with Australian banking regulations.
find out more
Fixed Deposit Account Opening Form
An Australian banking form for establishing a fixed deposit account relationship, complying with local banking regulations and customer documentation requirements.
find out more
Dispute Security Deposit Deductions Letter
An Australian legal document used to formally dispute and detail security deposit deductions made from a rental bond, complying with state-specific tenancy laws.
find out more
Direct Deposit Form
An Australian-compliant form for setting up electronic fund transfers, capturing banking details and authorization for automatic deposits.
find out more
Vendor Direct Deposit Form
An Australian-compliant form for setting up electronic payment arrangements with vendors through direct deposit.
find out more
Security Deposit Return Form
An Australian legal form for processing and documenting the return of security deposits (bonds) at the end of a tenancy, compliant with state tenancy laws.
find out more
Security Deposit Refund Form
An Australian-compliant form for processing rental bond refunds between landlords and tenants, including payment instructions and party agreements.
find out more
Security Deposit Agreement Form
An Australian-law governed agreement establishing terms and conditions for security deposit arrangements, including payment, holding, and release conditions.
find out more
Direct Deposit Application Form
An Australian-compliant form for establishing direct deposit arrangements with financial institutions, including banking details and necessary authorizations.
find out more
Deposit Request Form
An Australian-compliant form used by financial institutions to process and document customer deposit requests, including relevant terms and declarations.
find out more
Deposit Refund Form
An Australian-compliant form for processing deposit refunds, capturing essential transaction details and authorization requirements.
find out more
Deposit Application Form
An Australian-compliant banking form for opening new deposit accounts, meeting regulatory requirements and capturing essential customer and account information.
find out more
Confirmation Of Deposit Receipt
An Australian banking document that officially confirms and records the receipt of deposited funds, complying with local banking regulations.
find out more
Certificate Of Deposit Form
An Australian-compliant banking document that establishes the terms and conditions for a time deposit account, including deposit amount, interest rate, and maturity terms.
find out more
Cash Deposit Receipt
An Australian-compliant banking document that serves as legal proof of cash deposit, meeting local banking and AML/CTF requirements.
find out more
Voided Check Form
An Australian-compliant form used to verify bank account details through a voided check attachment for setting up financial transactions.
find out more
Direct Payment Authorization Form
An Australian-compliant authorization form for establishing recurring direct debit payments between customers and businesses.
find out more
Direct Deposit Change Form
An Australian-compliant form for updating electronic payment banking details for regular fund transfers, meeting local banking regulations and privacy requirements.
find out more
Direct Deposit Bank Account Change Form
An Australian-compliant form for updating bank account details for direct deposit payments, meeting local banking and privacy regulations.
find out more
Security Deposit Deduction Form
An Australian-compliant form for documenting and claiming deductions from a tenant's security deposit, used by landlords and property managers in accordance with state/territory tenancy laws.
find out more
Printed Electronic Deposit Receipt
An Australian-compliant electronic receipt confirming bank deposit transactions, meeting all regulatory and security requirements under Australian banking laws.
find out more
Direct Deposit Form Voided Check
An Australian-compliant form for establishing direct deposit arrangements, verified by voided check, enabling secure electronic fund transfers between parties.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)