In some cases you may need to pay for a SMSF expense with personal funds. This may be because the expense or Investment must be paid for by credit card for example and it is not possible to do this with your SMSF. It is preferable that expenses or SMSF Investments are not paid with personal funds. However where this is unavoidable then it is possible for you to pay an expense on behalf of the SMSF. In this case you must ensure that the receipt for the expense or Investment is in the name of the SMSF. If that is the case you can reimburse yourself for the expense or Investment. The reimbursement should however happen soon after the personal payment (preferable limited to only several days). If you would like to setup an electronic funds transfer please contact us by emailing info@bondadviser.com.au.