If your self-managed super fund (SMSF) receives contributions from employers (other than related-party employers), it needs to be able to receive the contributions and associated SuperStream data electronically. From 1 October 2021, your fund will need to use SuperStream to rollover any super to or from your SMSF.
SuperStream is a data and payment standard that applies to super transactions (including contributions made by employers and rollovers between funds) to any super fund, including SMSFs. To receive SuperStream data, you need an electronic service address (ESA), (this is a special internet address, different to an email address).
You can use SuperStream by making sure your SMSF has an ESA and your SMSF details are up to date. To rollover to or from your SMSF, your ESA needs to be compliant to accept rollovers.
Your administrator may provide you with an electronic service address or you can use a SuperStream message solution provider.
When you receive an ESA, you must update your records with us. See Notify us of changes for how to update your details.
An employer will need the following information about your SMSF:
- Australian business number (ABN)
- bank account details (BSB and account number)
- Electronic Service Address (ESA).
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See also:
To receive contributions from employers and rollovers from other funds, your SMSF will need a SuperStream electronic service address (ESA).