Why Use Bank Pay? The Benefits of Bank Pay vs. Bank Transfer

We understand that knowing the difference between Bank Pay and Bank transfer can be confusing at first. Copart is always looking for ways to help make our member experience a little bit easier. Bank Pay is the best option for making payments, it’s easier and faster than Bank Transfer. There are lots of other advantages too.

What is Bank Pay?

Bank Pay allows you to pay for your vehicles securely without having to leave the Copart site.

How does it work?

Simply click on the Bank Pay option on your Payments page and you'll be directed to your Online Banking.

Once you've selected the account and the amount you want to pay, the payment will be automatically allocated to your vehicle when funds have cleared, speeding up your payment and your ability to book delivery or collection.

Once you use a payment method, we’ll conveniently save it for future use. Plus, you can save multiple payment methods and apply them to different vehicles for your convenience.

Why use Bank Pay?

There are many advantages to using Bank Pay versus a traditional bank transfer that make it the fastest, most convenient way to pay for those winning bids. Here's a handy illustration showing the benefits of using Bank Pay.