Do I need to change banks?

When you choose Tyro as your EFTPOS provider, your funds will settle into your Tyro Bank Account. There are benefits with settling your funds into the Tyro Bank Account such as having access to your funds the same day*, at a time of your choosing (from 8pm), and earning interest on your funds. You can simply setup recurring transfers to your accounts with other banks to suit your cash flow needs. However, if you prefer, your settlement funds can automatically sweep into your Linked Account in the same name, which can be with any Australian bank account.

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