Solely-held transaction accounts
To prevent unauthorised access to our customer's accounts, once we have actioned the notification, we will place a restriction on any solely-held transaction accounts.
- No money can be withdrawn from the account(s)
- Outgoing payments will be stopped. This includes direct debits, BPAY, recurring payments and quick debits
- Cards, including credit card, cheque books, internet and mobile banking will be cancelled
- Credits will continue to the account(s)
- Power of Attorney or Signatories will no longer be able to act on the account(s)
https://www.beyondbank.com.au/need-help/solely-held-transaction-accounts
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