Automatic payments are perfect for paying fixed amounts regularly like your rent or savings.

How it works

  • Set payments to go out as often as you want – weekly, fortnightly, monthly, six monthly, annually or on the day or date of the month you choose.

  • You can set a future end date so your payments stop when you want them to.

  • Combine with Sweep and text or email alerts service so you'll know if you need to get money into your account to make payments, or we’ll automatically move your money around for you.

Managing your payment

  • Online - log in to internet banking and select the Pay & Transfer tab, then when you create a payment in 'Pay someone', 'Pay a bill' or 'Transfer', change the frequency from 'one-off' to the frequency you want your automatic payment to go out.
  • By phone - call us on 0800 11 33 55.
  • In person - download and complete an Automatic Payment Authority Form (PDF 64.2 KB) and take it to your nearest Kiwibank.

Avoid dishonour fees

Sometimes, for whatever reason, you may not have enough money in your account to cover a payment, which can result in you being charged dishonour fees.

  • We recommend that you set up any payments to go out the day after you normally get paid. This is the easiest way to make sure you have enough money to cover your payments.
  • Set up your automatic payment to go through before 10pm on the day it's due.
  • Payments will be processed around 10am on the payment date you've set. If there’s not enough money in your account, we usually try the payment again around 10pm the same business day, then again around 10am and 10pm on the next business day, if needed. This gives you a chance to get enough money into your account or to let us know you want to skip the payment this time. We can let you know if a payment’s failed with our text or email alerts service.
  • You’ll only be charged a dishonour fee if the payment fails.
  • If you have an automatic payment that fails three payment cycles in a row, we’ll cancel it, so you don’t keep incurring dishonour fees.