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  1. Help Centre
  2. Deposits & Withdrawals
  3. EFT T&Cs

EFT T&Cs

1. Electronic Funds Transfer (EFT) is available for both Australian and International Customers and can be used to withdraw funds from your TAB Account to be deposited to a nominated financial institution account held in the name of the TAB Account holder. Withdrawal fees may apply for withdrawals made to international bank accounts. See making a withdrawal for details.

2. You can nominate a financial institution account to be linked to your TAB account for withdrawal purposes by:

(a) entering your financial institution account details at My Account/Withdrawal on www.tab.com.au or the TAB Apps; or

(b) contacting TAB Customer Service on 131 802.

3. By accepting these terms and conditions, TAB Limited (ABN 17 081 765 308),

Tabcorp VIC Pty Ltd (ABN 95 668 057 056) and Tabcorp ACT Pty Ltd (ABN 19 167 957 002) (collectively, Tabcorp) to link the bank account that you nominate to your TAB account for future withdrawals from your TAB account ( Linked Account). Your Linked Account will be the bank account that funds are transferred to by EFT from your TAB account upon your request. You may only nominate one bank account to be a Linked Account at a time. and you can change your Linked Account by contacting TAB Customer Service on 131 802.

4. Tabcorp urges you to take care when entering and submitting details of a Linked Account. Tabcorp does not validate any BSB, account or bank details that you provide to ensure that the details are correct for your bank account. If you nominate a Linked Account by entering details electronically or otherwise, you do so at your own risk. You should be aware that if incorrect BSB, account or bank details are provided to Tabcorp, future transactions made to your Linked Account may result in:

• funds being incorrectly paid to the wrong account, which may not be recoverable;

• a processing failure; or

• interest, charges, fees or penalties imposed by third parties.

5. Tabcorp uses BSB data obtaining from Australian Payments Clearing Association Limited (APCA) to provide you with an opportunity to check the BSB that you enter into My Account/Withdrawal on www.tab.com.au. While Tabcorp regularly obtains updates to this BSB data from APCA, Tabcorp does not accept any responsibility and will not be liable for incorrect BSB information. You are responsible for entering correct details for Linked Accounts. If you receive an error message advising that your nominated BSB number is invalid and have checked that it is correct please contact the TAB Customer Service team on 131 802.

6. EFT Withdrawal will be available once your nominated financial institution account details have been linked, please see Making a Withdrawal for processing times. Your funds will be credited to your nominated account in accordance with the processing timeframes of your financial institution. Requests received after 12pm (AEST), or over the weekend, will be actioned the following working day and the funds will normally be available for your use the next morning (subject to financial institution processing times).

7. By linking your nominated financial institution account with your TAB Account, either electronically or by contacting the TAB Customer Service team, you acknowledge that you have read and agree to Tabcorp's Privacy Policy.

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If you can’t find what you need, call us on 131 802 and have your account number and PIN ready.

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