No, you can set and forget it, or change the terms for the next month whenever you want. Simply send…
Archives: FAQs
As a Supplier, does it cost me anything to offer UnLock as a payment option to my customers?
No, UnLock is free to suppliers. There’s no application fee, annual fee or transaction fees for suppliers because your customers…
What’s the maximum amount I can put on my UnLock Mastercard?
The limits on your UnLock Mastercard are the same as your UnLock account. You can use all of the available…
When I use UnLock, what are the fees?
Account-related fees Only when the UnLock facility is granted under the Government SME Recovery Loan Scheme Rules, an account fee…
What’s the maximum amount I can buy with an invoice?
This depends on your remaining available UnLock account limit.
What happens if I don’t make my repayment to UnLock on the due date?
If you miss your payment date we start charging you 26% per annum on all amounts owing under your Account.
How do I make repayments?
All repayments are automatically direct debit from your nominated bank account.