Bank transfers are limited to a maximum of $50,000 per transaction, if you are sending to your own bank account. Daily limit of $500,000.
BPAY transactions and bank transfers to a bank account that is not yours are limited to a maximum of $1000 each due to regulatory requirements.
However if you wish to pay a bill or invoice that totals more than $1000, that's perfectly ok. You can simply create two or more bills with the same payment details (use the copy to new bill button to make this easier).
You can pay any bill that has the BPAY logo and Biller Code. More than 19,000 businesses accept payments using BPAY. You can also pay to any Australian bank account, even your own!
Living Room of Satoshi is not affiliated with BPAY.
Yes, you need to be verified to use our service. Identity verification is a legal requirement of all digital exchanges in Australia under the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2017.
The verification process is simple and all done online, it can typically be completed in a minute or two.
We take the protection of your personal data very seriously, and store an absolute minimum of personal data on our servers. We employ expert third party ID verification service VixVerify to maintain a high level of data security.
You'll see a confirmation usually within a few seconds of making your bitcoin payment. We process the payment after it confirms on the blockchain, on the same business day that the bitcoin transaction is done (though cut-off times must be taken into account - see the next question). We carry the burden of risk on any rate movements.
If we receive your BPAY payment before 5pm on a Bank Business Day (3pm for bank transfers), the biller will acknowledge the payment as having been made on that day. However, the funds may not be available in the biller's account for up to 2 business days.
For more information please see
BPAY Services FAQs Living Room of Satoshi is not affiliated with BPAY.
The disclosure document sets out the terms and conditions of the facility offered by Living Room of Satoshi. The latest version of the disclosure document is published at