Automatic payments

Automatic payments are easy to set up and 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.

Set up & manage your payment

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Set up an automatic payment

You can set up your regular payments to recur automatically, so you don’t need to manually pay a person or business each time.

Learn more

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Edit an automatic payment

Edit, skip or delete an existing regular payment you've previously set up to pay a person or a business.

Learn more

Avoid failed payments

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

  • 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 due date you've set. If there’s not enough money in your account, we usually try the payment again around 10pm the same day, then again around 10am and 10pm on the next 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. The payment will fail after we've tried to process it four times.
  • If you have an automatic payment that fails three payment cycles in a row, we’ll cancel it for you.