1.1.P.73 Payment delivery day (FTB)

Definition

For the purposes of FTB, the payment delivery day is the day an FTB instalment is normally directly credited to an applicant's account. Funds are available to the applicant on this day. The FTB payment delivery day must be a weekday.

The standard FTB payment delivery day is 2 days after the end of the instalment period. This is the time it takes for Centrelink and the financial institution to process the payment and make it available.

Last reviewed: 4 January 2016