Paid in before each stage starts
Your client gets the payment options with the quote, and pays into CheckVault.
Buyer your client pays in before the stage
Funds secured
Escrow agent: Perpetual Corporate Trust
Seller paid when the stage is approved
Ways your client can pay
Many clients feel safer paying with BPAY. Either way the money goes to Perpetual Corporate Trust, not to CheckVault.
- Bank transfer
- No limit
- BPAY
- Up to $500,000 a payment
- Not accepted
- Cash, cash deposits and cheques
Your client may ask
How does my client get the payment details?
The payment options go to them by email, with your quote.
Why does my client verify their identity?
Anti-money laundering law requires it. It’s online and takes under two minutes in most cases.
Is the money invested anywhere?
No. It sits in at-call accounts, segregated and under Perpetual’s control.
Next, how approvals work
Your client approves by SMS, and it settles in 1 to 3 days.
ApprovalsAlready trading with us? Log in, or call 1800 CVAULT.