Switching made easy
Switching your regular payments to RAMS is easy - the steps below provide you with all the information you need.
If you need help at any stage of the switching process, simply call 13 RAMS, that’s 13 7267.
Step 1 - Open an account with RAMS
Visit myRAMS.com.au to open a deposit account. The myRAMS website allows you to pay bills, transfer your
funds or manage your RAMS accounts, all in a secure environment. To access the site you simply need to
register by calling 13 RAMS, that’s 13 7267.
Please note myRAMS is currently not available to company or trust account holders.
Step 2 - Identify your regular payments to and from your old transaction
account
You can ask your old financial institution to issue you with a list of regular payments (“Regular Payments List”)
you’ve made over the past 13 months.
Alternatively, if you wish, you can ask us to obtain this from your old financial institution. All you need to do is
complete the Request for a Regular Payments List form included in this flyer. We will mail this to you when we
receive it from your old financial institution.
If you already know the regular payments to and from your old transaction account, you can skip this step.
A sample Regular Payments List could look like this:
RAMS Financial Group Pty Ltd ABN 30 105 207 538 AR 405465 Australian credit licence 388065
promotes and distributes RAMS deposit products as an authorised representative of Westpac Banking
Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (“Westpac”). Westpac is the
credit provider for RAMS home loans and the issuer of RAMS deposit products. Updated 1 July 2012
The list will outline the following types of payments:
x
Regular direct debit and direct credit arrangements (as above). Regular debits to your account could be
bills and memberships. Regular credits could be your salary and dividends.
x
Periodical payments of any standing instructions (e.g. pay rent on 3 day of each month). This could be a
regular payment you make to another person.
rd
Note that recurring payments made to your providers or merchants where you have supplied your credit or debit
card details, and ‘pay anyone’ payments (e.g. pay my child’s pocket money each week) may not be included in the
list of regular payments from your old bank. You will need to identify these from your bank statements and contact
the organisation to make changes.
Step 3 – Set up payments to your RAMS account
There are two ways you can switch – doing it yourself or getting help to make the switch.
Option 1. Switching the ‘DIY’ way
x
For direct debits or direct credits (direct payments):
ƒ
Contact each organisation (e.g. employer, local council, gym etc) on the Regular Payments List
and ask them to switch the old account details to your new RAMS account.
ƒ
Follow the organisation’s instructions or send them a ‘Change Advice’ letter (see sample provided
with this flyer).
x
For periodical payments or ‘pay anyone’ instructions, go to myRAMS and set up the payment. Remember
to contact your old financial institution to cancel the periodical payment or future ‘pay anyone’ instructions
from your old account.
x
For salary payments, you will need to tell your employer of your new RAMS BSB (032-885) and your
account number.
x
Where you have given your credit or debit card details to an organisation for direct payments, contact the
organisation to give them your new RAMS account details.
Option 2. Getting help to make the switch
x
x
For direct debits or direct credits (direct payments):
ƒ
Complete and sign Page 1 of the attached ‘Notice of Variation of Account Details’ form.
ƒ
If you have more than one direct payment, photocopy the Schedule (Page 2) of the attached
‘Notice of Variation of Account Details’ form for each payment you wish to switch.
ƒ
Using the information from your Regular Payments List, complete a separate copy of Schedule
(Page 2) for each payment.
ƒ
If you wish to cancel a direct payment, complete the attached ‘Direct Debit Cancellation Request’
form.
Post, email or fax the completed ‘Switch’ forms and a copy of your Regular Payments List to us at:
Post- RAMS Switch Accounts, Locked Bag 5001, Concord West NSW 2138
Email- [email protected]
Fax- (02) 9736 5273
x
For periodical payments or ‘pay anyone’ instructions, you will need to go to myRAMS and set up the
payment. Remember to contact your old financial institution to cancel the periodical payment or future
‘pay anyone’ instructions from your old account.
x
For salary payments, you will need to tell your employer of your new RAMS BSB (032-885) and your
account number.
x
Where you have given your credit or debit card details to an organisation for direct payments, you will
need to contact the organisation to give them your new RAMS account details.
Checking your accounts
To make sure your payment has successfully switched over, check both your new RAMS account and the old
account when you expect a payment to be credited or debited to your account. To help you keep track of these
payments, you can use the Checklist provided with this flyer.
If needed, contact the relevant organisation to find out if your instructions have been received. A list of common
service providers with their website address is provided with this flyer.
IMPORTANT: Please remember that the relevant organisation is responsible for updating their records. They
generally should contact you to confirm that their records have been updated or if there are any
issues. Unfortunately, RAMS has no control as to when the organisation will switch over your
payments to your new RAMS account.
And don’t forget to make sure you have enough money in both your old account and your RAMS
account to cover your payments until all have been switched over or cancelled.
Step 4 - Close your old accounts
Once you are sure that all your regular payments have successfully switched over to your new RAMS account, you
can close your old accounts.
Switching the ‘DIY Way’: Sample ‘Change Advice’ Letter.
<Your name>
<Your address>
<Date>
<Organisation name>
<Organisation address>
Dear Sir/Madam
RE: Change of Account Details – Reference No <insert reference / policy number>
With immediate effect, please use the new account details provided below for future regular payments.
Old Account Details
Financial Institution:
Account Name:
BSB:
<insert>
<insert>
Financial Institution:
Corporation
Account Name:
<insert>
Account No:
New Account Details
<insert>
BSB:
Westpac Banking
<insert>
032-885
Account No:
<insert>
I/We confirm that I am/we are authorised to operate the new account as described above.
<For direct debits, I/we authorise you to debit the new account in accordance with the terms of the existing Direct Debit
request.>
<For direct credits, I/we authorise you to make further payments due by crediting the new account.>
If you have any questions, please contact me on <insert contact details>.
Yours faithfully
<Your name>
RAMS Financial Group Pty Ltd ABN 30 105 207 538 AR 405465 Australian credit licence 388065
promotes and distributes RAMS deposit products as an authorised representative of Westpac Banking
Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (“Westpac”). Westpac is the
credit provider for RAMS home loans and the issuer of RAMS deposit products. Updated 1 July 2012
List of Common Service Providers
To assist you further, we have compiled a list of common service providers and their website addresses. You
can use this information as a starting point to contact the organisation you use, to follow up your switching
instructions.
Health Insurance
Telco & Internet
HBA
www.hba.com.au
3
www.three.com.au
HBF
www.hbf.com.au
AAPT
www.aapt.com.au
HCF
www.hcf.com.au
iiNet
www.iinet.com.au
BUPA
www.bupa.com.au
Optus
www.optus.com.au
Medibank Private
www.medibank.com.au
Telstra
www.telstra.com.au
NIB
www.nib.com.au
TPG
www.tpg.com.au
Vodafone
www.vodafone.com.au
General Insurance
AAMI
www.aami.com.au
Gas & Electricity
Allianz
www.allianz.com.au
AGL
www.agl.com.au
CGU
www.cgu.com.au
Energy Australia
www.energyaustralia.com.au
GIO
www.gio.com.au
Integral Energy
www.integral.com.au
Just Car
www.justcarinsurance.com.au
Origin Energy
www.originenergy.com.au
NRMA
www.nrma.com.au
TRU Energy
www.truenergy.com.au
QBE
www.qbe.com.au
Water
Government Departments
Sydney Water
www.sydneywater.com.au
Centrelink
www.centrelink.gov.au
Melbourne Water
www.melbournewater.com.au
Australian Taxation
Office
www.ato.gov.au
SA Water
www.sawater.com.au
Water Corporation
(WA)
www.watercorporation.com.au
Queensland
Check your water bill for details
Northern Territory
www.powerwater.com.au
Gym Memberships
Financial Institutions
Fitness First
www.fitnessfirst.com.au
American Express
www.americanexpress.com.au
Virgin Active Health
www.virginactive.com.au
ANZ
www.anz.com.au
Energize Health Club
www.energizehealthclub.com.au
Bank of Queensland
www.boq.com.au
E-Tolls
BankSA
www.banksa.com.au
RTA (NSW)
Bankwest
www.bankwest.com.au
Donations
Citibank
www.citibank.com.au
World Vision
www.worldvision.com.au
Commonwealth Bank
www.commbank.com.au
Unicef
www.unicef.com.au
ING Direct
www.ingdirect.com.au
Others – use website below to search for contact details
NAB
www.nab.com.au
Local Council
www.whitepages.com.au
St George Bank
www.stgeorge.com.au
Share Registry
www.asx.com.au
Suncorp
www.suncorp.com.au
Westpac
www.westpac.com.au
06//2012
www.rta.nsw.gov.au
Switch to RAMS Checklist
This checklist will help you keep track of when each payment has successfully switched over to your RAMS
account. Remember that RAMS has no control as to when these payments are switched over. You will need to
contact the organisation to follow up any delays or errors.
Organisation
eg. Local Council
06//2012
Transaction
Type
Reference
Last
payment
amount
Last
payment
date
Next
payment
date
Switch
instructions
sent
Switch
completed
Debit
X87609
$453.82
28/08/11
28/11/11
15/09/11
9
RAMS – A Division of Westpac Banking Corporation ABN 33 007 457 141
AFSL and Australian credit licence 233714
Request for a Regular Payment List
Customer request and authority to disclose a Regular Payment List
I/we consent to RAMS obtaining a Regular Payment List from <Please type in the name of your old bank> showing regular payments
to and from my/our account(s) held with <Please type in the name of your old bank> described in the Schedule.
I/we consent to <Please type in the name of your old bank> compiling a Regular Payment List for the account(s) described in the
Schedule, and disclosing the list to RAMS.
I/we understand and acknowledge that:
• The Regular Payment List contains my/our personal information;
• I am/we are authorised to operate the accounts described in the Schedule;
• The accounts listed are personal accounts held in my/our name(s).
• This completed Request for a Regular Payment List form will be sent to my/our old financial institution
To our customer:
• You need to be aware of your continued responsibility for ensuring your direct debits and credits are fulfilled correctly. While
RAMS is assisting you with the new account switching service by passing on your requests to other financial institutions and
users of Direct Entry services, RAMS does not take responsibility for the accuracy, or completion of your requested account
switching changes, for example it may not include all regular or one off payments.
• Please note some cancelled arrangements may appear on the list
• The switching service applies only to direct debit arrangements, direct credit arrangements and not to periodical payments, BPAY
payments, internet banking ‘Pay Anyone’ payments, scheme debit card and scheme credit card arrangements;
• You are responsible for switching your own internet banking ‘Pay Anyone’ payments by
• re-entering your ‘Pay Anyone’ payments into your new online banking account; and
• You are responsible for switching any scheme debit card or credit card arrangements by advising your provider or merchant of
your new debit card or credit card number.
RAMS BSB & Account Number
Schedule (details of accounts held with <Please type in the name of your old bank>)
BSB & Account number
Account name
Customer’s signature(s)
(if joint account all signatures may be required)
X
Customer’s signature(s)
(if joint account all signatures may be required)
X
Customer’s full name(s) (please print)
Customer’s full name(s) (please print)
Date
Date
/
¨
/
/
/
Email completed form to: [email protected]
Or
Fax completed form to: (02) 9736 5273
Page 1 of 1
P/C 2426 RAMS (06/12) 279396
RAMS Financial Group Pty Ltd ABN 30 105 207 538 AR 405465 Australian credit licence 388065 promotes and distributes RAMS deposit products as an authorised representative of Westpac
Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (“Westpac”). Westpac is the credit provider of RAMS home loans and the issuer of RAMS deposit products.
Notice of Variation of Account Details
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Page 1 of 2
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P/C 2425 (06/12) 279410
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RAMS Financial Group Pty Ltd ABN 30 105 207 538 AR 405465 Australian credit licence 388065 promotes and distributes RAMS deposit products as an authorised representative of Westpac
Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (“Westpac”). Westpac is the credit provider of RAMS home loans and the issuer of RAMS deposit products.
Page 2 of 2
P/C 2425 (06/12) 279410
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Page 1 of 2
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P/C 2527 RAMS (06/12) 279418
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Page 2 of 2
P/C 2527 RAMS (06/12) 279418