How do I transfer funds to or from my CDIA?
The easiest way to transfer funds to or from your CDIA is via NetBank. You can also transfer funds to or from another financial institution.
How to transfer funds into your CDIA using NetBank:
- Log in to your NetBank account and click on "Transfers & BPAY" in the main menu.
- In the "From" field, use the dropdown menu to select the account you would like to transfer from.
- In the "To" field, use the dropdown to select your CDIA.
- Enter the amount you want to transfer, and enter a description if required.
- Click on "Next" to proceed with the transfer.
How do I transfer funds from my CDIA account?
To transfer funds from your Commonwealth Direct Investment Account (CDIA), follow these steps:
- Log into Netbank (you can access NetBank from your CommSec account by selecting the NetBank tab in the top left corner of your screen).
- Select Transfers & BPAY in the main menu.
- In the "From" field, use the dropdown menu to select the CDIA you would like to transfer from. In the "To" field, use the dropdown to select the account you would like to transfer to (or click "Add new" to add a new account).
- Enter the amount you want to transfer and enter a description if required.
- Click on "Next" to proceed with the transfer.
If you need help with transferring funds, please call the Commonwealth Bank on 13 22 21 or +61 2 9999 3283 if calling from overseas (8am-8pm AEST).
How to transfer funds from another financial institution:
- Log into your NetBank account and select 'View accounts' in the main menu.
- Click on 'Account information' and use the dropdown menu to select your CDIA account.
- Contact your other financial institution to do the transfer, or complete it yourself online if this service is available.
- Here, you'll see your CDIA BSB and account number - make a note of these.
Most transfers made to a BSB and account number are usually processed instantly, or within a few minutes. First-time transfers and some other transfers may be held for 24 hours as a security measure.
Learn more about how long it takes to transfer money to and from your CommBank accounts.
If you’re not registered with NetBank, you’ll need to contact the Commonwealth Bank and speak with a Customer Service Representative. They’ll provide you with the account details once you’ve been identified.
