Superannuation payments take too long to get to super funds

[Craig1234]

Hi,

Why does it take so long for the superannuation payments made and processed (MYOB completed) to be debited to the employee accounts. The time frame from taking the money from my company bank account to get to the employee superannuation account is over 7 days...why??? Who gets the benefit of this money for 7 days???

I paid the clearing house on the 20th June (for salary sacrifice) and the money has cleared my bank account and as of today (26th June) the money has not been received by the super funds' member account. 

Why does the clearing house take this timeframe?  

Craig

[cramptons]

No reply as yet??  We are having the same problem trying to get the Superannuation lodged/paid to the funds prior to the end of financial year - even though it is sent 26th June.