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  • AWB Pool Payment Options

AWB Pool Payment Options

When you commit your grain to an AWB pool you have a choice of payment options. These payment options provide you with the flexibility to time your cash flow and proceeds to meet your needs.

Below is some information on the current AWB pool payment options to help you make the choice which best suits you.

Quick introduction to the AWB pool payments options

Pool Payment options table

Harvest Loan interest rate

The Harvest Loan interest rate is variable interest rate. The current interest rates applicable to Harvest Loans are;

- 2018/19 Crop year - 2.95% (last updated Nov 2018)

- 2019/20 Crop Year - 3.00% (last updated July 2019)

 

Pool Payment options by AWB Pool

Select each AWB pool to see when payments and cash flow become available to you including the guaranteed payment dates for each pool. 

  • AWB Season Starter Pool
  • AWB Harvest Pool 
  • Guaranteed Payment Dates

 

Season Starter_Payment options

* 85% of EPR published at contracting less capped costs, supplier liabilities and estimated interest paid within five business days of delivery.

Note: Unless otherwise indicated, cash flow percentages reflect cumulative percentage of EPR. Costs are deducted from payments, however timing and percentage deducted per payment is dependent on payment choice. Please use the AWB Pool Returns Calculator for further detail. Harvest payments and credit limits are available five business days from delivery.

Payment percentages are estimates only and not guarantees as we do not want to limit pricing opportunities.

Find out more about AWB Season Starter Pool

 

harvest Pool_Payment option

*80% of the Nominated Estimated Pool Return (NEPR) less deductions, supplier liabilities, financing costs and applicable quality premiums/discounts paid within five business days of delivery.

**80% of the NEPR less deductions, supplier liabilities, estimated interest and applicable quality premiums/discounts paid within five business days of delivery.

Note: Unless otherwise indicated, percentages are estimates only. For distribution and deferred distribution payments (and loan repayments) percentages are a cumulative percentage of the estimated pool return, deductions, supplier liabilities and quality premiums/discounts which are applied to each payment. Please use the AWB Pool Returns Calculator to view further details on pool payments or view the AWB Harvest Pool terms and conditions.

Payment percentages are estimates and not guarantees as we do not want to limit pricing opportunities. 

Find out more about AWB Harvest Pool

These guaranteed payment dates throughout the year make it easier to manage cash flow.

 

Season Starter 2019/20 Distribution Deferred Distribution
February Fri 28 February 2020  
June Fri 26 June 2020  
July   Fri 17 July 2020
Season Starter 2018/19 Distribution Deferred Distribution
February Thu 28 February 2019  
June Fri 28 June 2019  
July   Fri 12 July 2019
Harvest Pool 2018/19 Distribution Deferred Distribution
March Fri 22 March 2019  
May Fri 24 May 2019  
July  Fri 26 July 2019 Fri 19 July 2019
October Fri 25 October 2019 Fri 25 October 2019

Our guarantee is for the date of the payment only. To the extent that a payment is not made by the guaranteed time, AWB offers to pay farmers interest at the rate of 18% per annum for each day that the payment is delayed.

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