Using either the old manual bank transfer or the new Open Banking integration won’t make a difference in how quickly your deposit is processed yet. All it really does (okay, slightly oversimplified) is pre-fill the correct bank details and reference at this point.
The primary benefit at this point is a smoother experience and making the process clearer - we’ve already noticed a very significant reduction in the number of deposits missing a reference.
This also has a knock-on effect as our Cops & Bops teams get freed up from dealing with unallocated deposits.
We do have further work planned (I don’t think I can share any details or ETA yet I’m afraid) which relies on the open banking integration and should see a significant speed up processing received bank transfers.