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.
While the Direct Debit account is optional for ASIC payments, it is a requirement for Company Registrations
Users preparing and lodging Company Registrations must have a Direct Debit account
Navigation
| From the Main Toolbar, go to Company. | |
| Select Prepare Agent Form |
Select Form RA04 - Direct Debit Request
Instructions
The Form RA04 - Direct Debit Request screen will display
Field |
Explanation |
|---|---|
| Agent | Select your Registered Agent |
|
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.
|
|
| Date of the document | |
| Funds to be debited for | Select |
| Bank details | Input the nominated bank account details |
| To cancel the Form RA04 | |
| Click to prepare the Form RA04 |
Lodgement of the RA04
The RA04 is a manual form and cannot be lodged electronically.
Refer to the lodgement section in the RA04 for the appropriate address to send the form
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.
| From the Main Toolbar, go to Settings | |
| Select Lodgement/Agent Settings |
If you have not added an agent yet, click 
to create a new agent. Refer to Setting up an ASIC Agent for detailed instructions.
Beside the Agent, click 
Select Edit.
Select 
for the ASIC Direct Debit option.
Click 
Processing time
Once ASIC receives the RA04 form, processing is not immediate.
In general, processing may take:
- A few business days after receipt by ASIC
- Up to approximately 1–2 weeks depending on workload and form completeness
Processing time may vary depending on:
- Postal delivery time to ASIC
- Accuracy and completeness of the submitted form
- ASIC’s internal processing queue
Confirmation and status
ASIC does not provide real-time status updates for RA04 processing.
In some cases, ASIC may:
- Provide written correspondence confirming the direct debit arrangement has been set up
- Contact the sender if the form is incomplete or requires correction
However, a formal confirmation is not guaranteed in all cases.
The direct debit arrangement is typically confirmed in practice when:
- ASIC fees are successfully debited from the nominated bank account
If a significant amount of time has passed and there is uncertainty, you can contact ASIC directly to enquire about the status of the direct debit request.