We recently added support for levy payment by BPAY for our DIY bodies corporate. However, the issue of bank expenses for the body corporate will be difficult to justify for many small bodies corporate. Firstly, there is a bank setup fee, typically $150. Then there are monthly banking charges, typically $10 per month. Lastly, there are individual transaction fees (~ 80 cents) everytime a lot owner makes a payment by BPAY. An easier alternative is to use the Tracsafe Body Corporate Bookkeeping service, where payment of levies by BPAY is just one part of the service offering.
