Easily transfer funds with NAB Internet Banking (+ video)

Posted in Banking tips
65

Take the fuss out of transferring money with NAB Internet Banking.

Transfers made easy

With NAB Internet Banking, you can transfer funds to:

  • any of your other NAB accounts instantly; and,
  • any other Australian account at no extra cost, so long as you have Pay Anyone access. (This is one of the Basics of NAB Internet Banking.)

And you can add an extra layer of security with NAB SMS Security.

Read more about setting up Pay Anyone and SMS Security.

What you need

  • Your NAB Internet Banking login details:
    • NAB ID (which is on the back of your credit card or debit card)
    • NAB Internet Banking password
  • BSB, account number and name of account holder you are transferring to.

What to do

In NAB Internet Banking, open the Funds Transfer menu and select New Funds Transfer. You should be able to guide yourself through the process or the short video above tells you what to do.

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Comments

65 Responses to Easily transfer funds with NAB Internet Banking (+ video)

  1. Kristen says:

    I need to transfer money from my account to another and I don’t know were to find how to do this on here

  2. Leila says:

    Hi there,
    I have transferred money from my NAB savings account to another individuals NAB account on a public holiday and it still has not cleared?
    Because the money was transferred to another individuals account (but still with NAB) will the transfer/ clearing time be the same as transferring money to a completely different bank?
    Kind regards
    Leila

    • NAB says:

      Hi Leila, did the funds go through? If not, please send through your contact details to social.media@nab.com.au and I’ll have the team investigate – NAB to NAB transfers without SMS Security may take up to 24 hours to process ^LB

  3. May says:

    Is there any other ways to deposit money into my visa debit card other than going to the bank teller?

  4. Robert says:

    Hi,
    How long it will take to transfer money via internet banking from NAB to other bank account within Australia with sms security?
    Regards, Robert

    • NAB says:

      Hi Robert,

      Depending on when it was submitted and whether it’s a single funds transfer or part of a multiple funds transfer, it could be one to two business days. More information here ^SN

  5. Ashok Karadi says:

    I have transferred yesterday with SMS security but the funds have not gone into the account which I transferred. How long does it usually take??

    • NAB says:

      Hi Ashok, it depends on the account – if you transferred to a third party account(to another financial institution) it can take up to 2-3 business days ^LB

  6. Chandan says:

    How long does it take for a payment, from one persons nab account to another persons nab account to clear?

    • NAB says:

      Hi Chandan,

      Generally speaking, a funds transfer from a NAB account to a non-linked (or 3rd party) NAB account can take 24 to 48 hours to be cleared through, depending on whether it is a first time transfer or not.

      First time single transfers will be delayed by a minimum of 24 hours. Transfer processing times are also dependent on when the transfer was submitted and whether it is a part of a multiple transfer (as would be the case with an

      employer paying wages for example); you might find the following useful ^SN

  7. Cristina balderama says:

    Hi! Transferred funds to another person’s nab account using nab internet banking yesterday.funds has been deducted to my account but hasn’t been credited to the other persons account.how long will that take to clear and if it isn’t credited to the other person, what should i do next? Thank you

    • NAB says:

      HI Cristina,

      Generally speaking, a funds transfer from a NAB account to a non-linked (or 3rd party) NAB account can take 24 to 48 business hours to clear through, depending on whether it is a first time transfer or not.

      First time single transfers will be delayed by a minimum of 24 hours.

      Transfer processing times are also dependent on when the transfer was submitted and whether it is a part of a multiple transfer (as would be the case with an employer paying wages for example); you might find the following useful.

      Should you find that the funds have not cleared into the other person’s account after the 48 hours, please check the account details you’ve input in the transfer and if they’re correct, you could raise a dispute on the funds transfer.

      Here is how you can raise a dispute via your Internet Banking.

      Alternatively, you can call us on 13 22 65 8am-7pm Mon-Fri and 9am-6pm Sat-Sun AEDT/AEST ^SN

  8. Nicola Hall says:

    My daughter who is a nab customer has transferred money to me, I’am also a nab customer but the funds have not cleared in my account, I would understand this if it were a first time transfer, but it isn’t. why have the funds not cleared instantly as has happened previously??

    • NAB says:

      Hi Nicola,

      Did your daughter submit the instructions later than usual?

      Have the funds cleared through as yet?

      If the funds don’t appear in your account by COB today, please ask your daughter to follow up from her end, as she’s the sending party ^SN

  9. Sylvia says:

    is there any daily limit as to how much I can transfer between my own NAB accounts?

    • NAB says:

      Hi Sylvia, as long as your accounts are linked under one NAB ID there is no limit to what you can transfer between these linked accounts ^TC

  10. Meriel says:

    Hi there, I transferred money from nab account to ANZ on 4th July. It is now 10 July and the funds have still not reached the ANZ account. What is going on?

    • NAB says:

      Hi Meriel, transfers should only take up to 3 business days – I suggest you give the team a call on 13 22 65 to look into this ^TC

  11. Mandy says:

    Hi there,

    I’ve been waiting over 5 business days for my employer to transfer my rental subsidy into my account. Dose it usually take more than 5 business days for it to clear in my account?

    • NAB says:

      Hi Mandy, I’m unable to advise time frames for other banks but generally a funds transfer will take up to 3 business days – as soon as the funds reach your account they are available ^TC

  12. Meenu says:

    Hi,
    My husband(who is also a NAB customer) have transferred money to my NAB account yesterday morning and its not yet cleared.Why it is not instantly cleared.Its very difficult for us to go to bank each time to with draw money and deposit it again into my NAB account in case of urgency.

    Regards
    Meenu

    • NAB says:

      Hi Meenu,

      Have the funds arrived in the account yet? When were the funds transferred? You can check out our cut off times via this link http://nab.co/1tSEeNv. If the funds still haven’t been credited to your account it’s best to contact us on 13 22 65. ^RL

  13. Clare Furness says:

    I need to transfer funds to another persons account. Their account is with a credit union and the account number includes a dot.

    I can’t get the online transfer to work as it won’t accept anything other than numbers. How do I transfer these funds
    Clare

    • NAB says:

      Hi Clare,

      This doesn’t sound right.

      You’ll need to speak to their Financial Institution and confirm the funds would successfully transfer to one of their accounts if the dot was omitted ^SN

  14. Rosanna says:

    Hi I did a first time transfer found from my nab account on Friday 2 pm to another nab account but he did not recive the amount I had transfer so what appen then between same bank how long it will take ? Thank you

    • NAB says:

      Hi Rosanna,

      NAB payments to first time NAB payees will be delayed by a minimum of 24 hours.

      If you transferred the funds on Friday at 2pm, we’d expect the funds to clear into the receiving NAB account at 2pm the next business day, in your case on Monday ^SN
      ^SN

  15. Lisa says:

    Hi I am expexting a payment from
    Another bank to my nab account. The person has sent it on sunday night and i still havent received it and it after wed midnight. Is it possible that it can take longer to process?

    • NAB says:

      It can take up to 2-3 business days, Lisa – as soon as it’s received, it will be processed to your account within that same day ^LB

  16. kia wasley says:

    Hi, I am trying to transfer $30 from my NAB savings account to my mums ANZ account under New Funds Transfer but when I press ‘Next’ after filling in all the details, the next page displayed says ‘The NAB Internet Banking Page cannot be displayed’. I’ve tried lots of times, what’s happening please.

    • NAB says:

      Hi Kia, this may be due to the browser that you are using- Can you please try using a different browser, or alternatively clearing your browsing history, cookies and cache and try again ^NJ

  17. Allison Roe says:

    A periodical funds transfer has been made to my daughter. The money has left my account. The request was set up the day before and this is not the first time a payment has been sent to that account. When will the money be available in her account?

    • NAB says:

      Hi Allison, there are a number of things to take into account, including the financial institution that your daughters accounts are held with and the day/ time of the transaction (generally allow for 24/48 business hours)- here’s a link of the cut off times http://nab.co/1v703Kk ^NJ

  18. Carly says:

    Hey, how long does it take for money to be transferred from NAB account to a Credit union account?

  19. Eden Hitch says:

    Hi there,

    I transferred $300 from my nab account to Westpac account on the 8/10/14 also another $200 on the 9/10/14. The money still has not been received. I actually know for a fact that I typed the correct details. Is the four business days the normal time it takes to transfer money from one account to another?

    I did not have the Westpac account saved as a normal payee, but it is very distressing that $500 is now in limbo!!

    Please help!

    • NAB says:

      Bank to bank transfer shouldn’t take anymore than 3 business days. I recommend calling us on 13 22 65 to lodge a dispute on the transactions. ^RW

  20. Jemma says:

    When I go to log onto NAB internet banking it keeps coming up the following
    (There are no selected accounts for your NAB ID) Error 400106… I don’t understand because I used it yesterday and all the times before and today is the first day I have seen this…

    • NAB says:

      Hi Jemma, the best thing to do is to contact our Internet Banking Specialist team so we can look into this matter further. You can reach them on 13 22 65 from 8am-7pm Mon-Fri, or 9am-6pm on weekends (AEST/AEDT). If you’re overseas, the number to call is +61 3 8641 9083 ^DH

  21. brad nichols says:

    Hi, my partner recently started a new job, her boss also banks with the nab, she said she transferred the her first pay on Sunday, when will it arrive in my partners account

  22. Peter G says:

    I transferred $150.00 from my NAB classic account to another institution (Telstra Credit Union) at 2:45pm today. The money arrived same day at 7:30pm (less than 6 hours) into the credit union account. This was my first ever transfer with my new NAB account only opened last week. No complaints or worries here. Top work NAB!! Very happy customer.

  23. Dee says:

    Hi. I transferred $400 to a 3rd party account for the first time at 12:30am on a Saturday which is also happens to be a public holiday but the funds have not shown up in the account. When will they clear in the 3rd party account?

    • NAB says:

      Hi Dee, third party accounts are considered a non-linked NAB account and transfers to such accounts can take up to 2 business days to be processed – you can expect the payment to appear by close of business on Monday ^DH

  24. Patricia says:

    I have had money transferred into my account from a an another nab account that has done so previously so why has it not gone through yet

    • NAB says:

      Hi Patricia, transfers to non-linked NAB accounts can take up to 48 hours – if the funds still haven’t arrived, it’s best to have the sender contact us on 13 22 65 and lodge a trace on the transfer ^BH

  25. Laura says:

    I transferred between two of my own accounts online but the transferred amount is not available when will this become available

    • NAB says:

      That’s strange, Laura – did you do this with SMS Security? If not, it can take up to 24 hours to process ^LB

  26. Jacqui says:

    Hi how long does it take for money to clear my boss has put money from another bank to my nab account on Monday and it’s still not in my account

    • NAB says:

      Hi Jacqui, a transfer can take up to 3 business days – you will need to follow this up with the beneficiary if this transfer is outside of this timeframe ^DK

  27. Chey says:

    I just opened a nab everyday account for my househol. This was so everyone can transfer money into the one account and the rent be paid via that account. My house mates have transferred funds but it hasn’t come through
    They are all from different banks, how long will it be until it comes through and will it be like this every time they transfer funds into the account?

    • NAB says:

      Hi Chey, as soon as we receive the funds; it does get deposited into your account within the same day. If they are with other banking institutions, it may take longer depending on their processing times. Usually it takes 2-3 business days ^LB

  28. Doug says:

    Hi,

    How long does it take for ‘Pay Anyone’ access to be approved? I’ve applied for it and when I go to add payees bank details, it says that the page is unauthorized – I assume this is because the access is still being approved??

    • NAB says:

      Hi Doug, the changes should be immediate – if you’re having issues you can always contact the Internet Banking specialists on 13 22 65 ^DK

  29. Darren says:

    Hi I am receiving funds into my account from the nab bank itself after a sale of property and the bank discharge of loan and was wondering if there is a 24 hr wait period from the deposit time it was delivered ( say 9.30 am) does that mean it would be clear 9.30 am the next business day or is it cleared straight away thanks

    • NAB says:

      Hi Darren, once the settlement has gone through and the discharge forms have been processed the funds are credited to your account. If they haven’t arrived yet, please send an email through to social.media@nab.com.au and we’ll see how we can help ^BH

  30. Daniel says:

    Hi so I’m a nab customer and what I want to know is why does the time Cary in which my pay goes through? My employer puts my pay insane time every day within 5 minutes and my pay clears at all sorts of stupid times, some times it’s there at 7am other days it’s not there till 9pm. Why is this? Why do all my mates who bank with other banks get paid before me? I have noticed that nab have longer than other banks waiting times and have heard it’s because man play with the money before you get it?

    • NAB says:

      Hi Daniel, with our same day processing, the funds are credited to your account as soon as we receive them so the times can vary ^BH

  31. Rebecca Cordes says:

    I transfered money from my mother account to mine normally it is a instant transfer this time its hasnt gone through, I also tried ringing Nab and couldnt get anyone on the phone for over 15 minutes .

  32. Reza B says:

    Hi there. I need to transfer my funds to an ANZ account. After putting the BSB and account number and clicking next to proceed, it kept stopping and said my request can’t go through and it said “invalid account type for transfer to account”. Could you please advise?

    • NAB says:

      Hi Reza,

      Are you trying to transfer funds directly from your isaver account?

      Please first transfer the funds to your transactional account and then to the ANZ account.

      If you need further assistance, please email us at social.media@nab.com.au ^SN

  33. Sam Willis says:

    My sister who is with Nab has transferred $2,000 into my account but it hasn’t immediately gone in. She has transfered money to me previously and it has gone in. Why wouldn’t it do the same now?

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