CheckVault for Individuals | Business | Construction | Marketplaces
Individuals
CheckVault for individuals is only available to Australian residents.
Escrow Fees (paid by the buyer)
Domestic escrow transactions: 1.00% (inc. GST)
Minimum Fee: $15
Maximum Fee: $99
International escrow transactions: Subject to risk assessment. Contact CheckVault for further information.
Inward Payments:
Australian bank transfer: Free
BPAY from savings/transaction account: Free
Visa and MasterCard: 1.5% (inc. GST)
Inward overseas payments (TT/IMT/Swift Message): $15 (inc. GST)
CheckVault cannot accept cash, money orders or cheques. Funds will be returned to you at your expense.
Outward Payments:
Standard overnight payment (BECS/CS2) – FREE
Same day payment (RBA RTGS or domestic SWIFT) – $25 (inc. GST)
Bank cheque or international draft made payable to account holder – $25 (inc. GST)
CheckVault for Business & Construction
CheckVault for Business and CheckVault for Construction is only available to Australian resident ABN/ACN/ARBN holders.
Escrow Fees (paid by the buyer or seller as agreed)
Domestic escrow: Free
Domestic escrow in a supported foreign currency: 1% (inc. GST)
International escrow in a supported currency: Contact CheckVault
Supported Currencies:
AED, BDT, CAD, CHF, CNY,CZK, DKK, EUR, FJD, GBP, HKD, JPY, INR, KES, MUR, NOK, NZD, QAR, SEK, SGD, THB, USD, XPF, ZAR
Inward Payments:
Australian bank transfer: Free
BPAY from savings/transaction account: Free
Visa and MasterCard: 1.5% (inc. GST)
Inward overseas payments (TT/IMT/Swift Message): $15 (inc. GST)
CheckVault cannot accept cash, money orders or cheques. Funds will be returned to you at your expense.
Outward Payments:
Standard overnight payment (BECS/CS2) – FREE
Same day payment (RBA RTGS or domestic SWIFT) – $25 (inc. GST)
Bank cheque or international draft made payable to account holder – $25 (inc. GST)
Marketplaces
For customised pricing please contact CheckVault at 1800 28 28 58 or register your interest here.
How does CheckVault offer this service for free?
We earn the bank interest on the money while it is securely held for your job. We also receive a small amount of the credit card merchant fees, plus the satisfaction in the knowledge that we are helping businesses and individuals feel secure about their business and cash-flow.
Where’s the catch? This seems too easy.
It is easy and available online 24/7. We take our responsibility seriously, so all payments must be made electronically and all users must be identified. This enables us to comply with AML/CTF regulations which we are bound to as an Australian Financial Services Licensed company and registered AUSTRAC remittance provider.
Escrow rate schedule
| Payment Method | Surcharge |
| Bank Transfer | $0 |
| BPAY from a bank account | $0 |
| BPAY from a Credit Card | 1.5% inc. GST |
| Direct Credit Card | 1.5% inc. GST |
More Questions?
Visit our Frequently Asked Questions page or get in touch
If you feel that this is a service which may work but have some questions, you can try searching for an answer in our frequently asked questions or giving us a call on our support line 1800 CV AU LT (1800 28 28 58).
For individuals
Purchase with confidence using CheckVault Secure Escrow.
For businesses
Start accepting CheckVault Secure Escrow for your business today.
For construction
Use CheckVault to secure deposits, manage progress claims, and protect retentions.
For marketplaces
Rapid integration into existing marketplaces and classifieds.