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On average you will receive your bond refund within 2-3 days of the RTA receiving your completed form. We encourage customers not to call until this timeframe has passed. Refunds are only paid into Australian bank accounts (no cheques).
How Bond Loans work in South Australia. The maximum bond for residential tenancy agreements is: up to 4 weeks rent if weekly rent is $800 or less. up to 6 weeks rent if weekly rent is more than $800.
When you pay the bond, the landlord/agent must give you: a receipt for any payment/s you make ? unless details of the payment are recorded in your tenancy agreement. a 'Bond Lodgement' form with details about how much bond you have paid ? this will be sent off with the bond.
On average you will receive your bond refund within 2-3 days of the RTA receiving your completed form.
Getting your bond refunded Payment MethodEstimated TimeElectronic funds transfer (EFT)24 - 48 hoursCheque5 -10 business daysInternational money transferVaried, depending on the country, and may be affected by additional fees and exchange rates.