How to Deposit Funds

Salary crediting is an easy way to deposit and manage your wages. When you first start a job, you will be asked to provide bank account details so your wages can be electronically deposited into your account. While most people have their wages directed into an everyday account, crediting part of them into a high interest savings account such as our Cash Management Account will let you grow your savings.

Depositing money is easy with Electronic Transfers. To transfer money from another institution, all that is needed is your BSB number (in our case, it’s 704-191) and individual account number.

With technological advances, many people can take care of their finances on a daily basis without ever stepping foot in a bank. With the convenience of Internet, Mobile and Phone Banking, you can easily deposit funds from one account into another anytime and from wherever you want.

Under our agreement with the Commonwealth Bank, you can use your encoded deposit book to make a deposit at Commonwealth Bank branches.

Make the most of your wait in line at the post office and deposit your money while you’re there with Bank@Post. Using your existing Victoria Teachers Mutual Bank or Bank First ATM, Visa Debit or Visa Credit Card you can deposit funds at one of the thousands of Australia Post outlets showing the Bank@Post symbol.

Last but certainly not least, our customers are always welcome to visit one of our Branches to deposit straight into their account.

As a customer owned bank, we are committed to the financial wellbeing of our customers. Talk to one of our consultants about depositing on 1300 654 822 or try our useful web chat.