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LCU is excited to provide our members with Osko by BPay. Osko by BPay is a self-service payment system built on the New Payments Platform.

You can make and receive payments faster than ever before, 24/7 via your internet banking or the LCU - Banking App. It’s as fast as cash, without the hassle. Whether you’re paying a tradie, splitting a bill or giving money to family for something urgent - the money will be there in minutes.

Osko has transformed the way we make payments.

You no longer need to worry about BSB and account numbers when receiving or making a payment. You will only need a "PayID" which will normally be a mobile phone number or email address. Business accounts can use either an ABN or Organisation ID. 

Benefits of Osko and PayID:

  • Swift - faster payments 24/7 across most financial institutions - and more are coming on board
  • Simple - You can use a PayID to pay and get paid with something simple like a registered mobile, email, ABN or Organisation ID, or you can still use your BSB & account number.
  • Secure - It is backed by BPAY and us, so it’s very secure. You will also receive confirmation that payments are going to the right place. You are not giving out your account or Visa card details. LCU will have limits and second factor security requirements too.
  • Smart - you will be able to send more information with your payment now. No more trying to abbreviate the reference into mumbo jumbo. You will be able to type 280 characters, almost a short story, that’s more than a tweet and even more characters than this paragraph.

So, are you “ready to go” Osko?

  • You must be registered for MVP internet banking.*
  • Make sure LCU have your current email address and mobile phone number.**
  • Business account holders – don’t worry you can use this payment system too. Just a slightly different process.***

If you have any questions or concerns regarding payments made via NPP enabled products and services please contact LCU on 02 9859 0585 or email us at

Instructions on registering a PayID and sending Osko payments via:

Further Information

Eligible Accounts

For a list of accounts eligible for PayID and Osko please refer to our Conditions of Use - Summary of Accounts & Availability of Access Facilities document located here.

Your Obligations

Please note that you are obliged to input correct PayID details when sending payments and to check the PayID Name before sending a payment to ensure you have the correct recipient. You are bound by our Electronic Access Facilities & ePayments Conditions of use upon making your first payment. 

PayID types supported

LCU supports the following PayID types:

  • Phone Number
  • Email Address
  • ABN (for business accounts only - must be registered by LCU staff)
  • Organisation ID (for business accounts only - must be registered by LCU staff)

Learn more about Osko

Learn more about PayID

Read the NPP Australia's Frequently Asked Questions

Changes to our Account & Access Facilities Conditions of Use for Osko Payments

We have added new clauses to the Electronic Access Facilities & ePayments Conditions of Use section for Osko Payments, namely:

Section 23

Using Osko

Section 24

Processing Osko Payments

Section 25

Scheduled & Recurring Osko Payments

Section 27

Authority to Recover Mistaken or Misdirected Payments


The most significant change is Section 27 where you authorise us to recover mistaken or misdirected payments made to your account and return the payment to the payer.

You will be bound by these changes when you make your first Osko Payment.

*If you are registered for MVP but maybe have not logged in for some time – contact LCU to reset your password.
**For all members – please check your contact details to make sure they are all correct – not just for OSKO but for all LCU communication.
*** Business account holders – contact LCU for more information.