Edge/ECR Direct Debit Account

Details

If you use EDGE to lodge documents that have a fee, you can pay by direct debit or credit.

Agents have the ability to set up a direct debit account with ASIC. The direct debit account is used for payments for lodging certain forms with ASIC including the following:

• Prepare the Application for voluntary deregistration of a company - Form 6010/407
• Company Name Change - Form 205 / 409
• Reservation of a Name 410, 410B and 410F
• Name Registrations Form 201

To set up direct debit or credit payments you will need to complete a Direct Debit Request Form RA04. Form RA04 is a manual form. This authorises us to debit money from the company's account.

Once a direct debit account has been created with ASIC, the above documents which are lodged and accepted using CAS 360 will receive an ASIC invoice into the program and any required fees will be automatically deducted from your ASIC Agent Debit account.

Navigation

Select Form RA04 - Direct Debit Request

Instructions

Field	Explanation
Agent	Select your Registered Agent
Daily ASIC credit limit	Enter the limit your firm will authorise ASIC to charge their bank account each day. You will not be able to lodge documents that will cause this limit to be exceeded   ASIC Extract: It is your responsibility to have sufficient clear funds available in your account up to your daily ASIC credit limit to permit the payment of debit items initiated in accordance with your Direct Debit Request. If a transaction will cause your agreed daily ASIC credit limit to be exceeded, the transaction(s) will be rejected. If at any time, one or more transactions have previously failed, upon request from you, ASIC will consider negotiating an arrangement allowing you to exceed the agreed daily ASIC credit limit for a limited period of time.
Document date	Date of the document
Funds to be debited for	Select to allow the nominated bank account to be charged for Company Registrations and/or Company Name Changes, Deregistrations
Bank details	Input the nominated bank account details
	To cancel the Form RA04
	Click to prepare the Form RA04

I have set up my Direct Debit Account. What do I do now?

Once your Direct Debit Account has been set up, ensure the direct debit option is on to notify ASIC to charge the Debit account when a lodgement is made.

Beside the Agent, click 

Select Edit.

Select  for the ASIC Direct Debit option.

Click .