i am a small business with 2 employees total, as we have 2 different super funds can I pay super directly to the super funds via eft or bsb, I report via STP weekly and previously used the SBCH
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There's no problem with paying super guarantee by EFT or BPAY but you will need to check with the superfund and also check your payroll software if you are compliant with SuperStream. Something about sending data
Hi @john183,
Always very helpful, @YellowPotato. I just wanted to add some further context to the discussion.
As covered in the link provided, a contribution can be paid direct to the fund. Most super funds have online portals for employers, which work in the same way as a clearing house.
If you want to pay direct to each super fund, you'll need to contact each fund for their payment details and to get their agreement as you also need to provide all the required data under SuperStream.
There's also messaging portals that can manage the SuperStream data requirements for you and they generate payment reference numbers you can use in your online banking.