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Getting started with Beam: Bank details

by Beam

|

02/07/2024

Beam is an integrated solution within your software provider’s payroll platform. So, you simply login to your software provider’s payroll platform to register with Beam. From there, you can easily add or update your bank details.

Providing your bank details

During registration, you’ll have to provide some bank details for your chosen business. These details are used for super contributions and any refunds we may have to send you.

Why do I need my to provide bank details?

Why do I need my to provide bank details?

Beam will use this bank account for direct debit when selected as a payment method to pay the super contribution. Because of its automation, Direct Debit minimises human error like the risk of typos, so the money paid matches the data. 

I'm planning on paying with Bpay® or EFT

I’m planning on paying with Bpay® or EFT

If you’re paying with either of these methods, Beam may still need your bank account details to refund any contributions your chosen default fund/s return. We’ll notify you of the return, including the reason for the return.

Beam sends refunds back to your selected bank account

We’ll notify you of the return, including the reason for the return. This happens via your software provider. We refund the amount back to your chosen bank account.

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