Short answer: Two to three days.
When a bank account payment is made through Sniip, it will move to the processing stage within two business days. This component of the transaction utilises the BPAY scheme and is subject to the BPAY terms.
The cut-off times for Sniip to receive your payment for processing within two business days is as follows:
6pm AEDT/5pm AEST
Please allow sufficient time for your payment to be processed. Funds take roughly 24 hours to finalise and be deposited into the billers account. We suggest always paying your bills three days in advance.
You can find a time stamped receipt under the ‘Receipts’ in the Sniip app. Here, you’ll see the exact time your payment was made to your biller via BPAY. The biller must recognise the BPAY payment as the date that the bill was paid.