Deposit Instructions

Application and Reserve Capacity Fees

All application and reserve capacity fees must be deposited into the following account:

Bank:
Commonwealth Bank

Branch:
Western Australia Government Banking Centre

Account Name:
Independent Market Operator Wholesale Electricity Market Account

BSB:
066040

Account:
19800101

Cheques should be made payable to the Independent Market Operator.

Please note that the IMO must be notified once funds have been deposited and all funds must be cleared by the appropriate date.

Participants can create a Tax Invoice on behalf of the IMO for the Registration Fees once the Recipient Created Tax Invoice Agreement has been completed.

Security Deposit Instructions

All security deposits must be deposited into the following account:

Bank:
Commonwealth Bank

Branch:
Western Australia Government Banking Centre

Account Name:
Independent Market Operator Wholesale Electricity Market Account

BSB:
066040

Account:
19800195

Cheques should be made payable to the Independent Market Operator.

Please note that the IMO must be notified once funds have been deposited and all funds must be cleared by the appropriate date.

Once cleared funds are available, the IMO will deposit the funds into an interest-bearing trust account.  Interest will be payable to the Participant as per the Policy.