ASB Smart Debit

Streamline the way you collect regular, recurring customer payments with ASB Smart Debit.

Get started

Benefits at a glance

  • Simplify payments for you and your customers
  • Reduce your admin and reconciliation time
  • Reduce late payments for better cash flow
  • See your scheduled, processed and failed payments

Is it right for my business?

If your business receives over 100 customer payments each month and keeping track has become challenging, ASB Smart Debit could be the solution you’re looking for.

How it works

With ASB Smart Debit your customers don’t have to remember to pay you online. You use the direct debit process to initiate their payments automatically on the due date, so you get your money on time.

Easy online set up

You load your customer payment schedule in FastNet Business internet banking, either manually or by importing them from your accounting system.

Signing up customers

Many customers prefer the simplicity of paying by Smart Debit. It’s a better experience, and they stay in control.


Direct debit service fee

(calculated per single electronic direct debit)

ASB direct debit service fees will be deducted from the fee deduction account you have nominated within FastNet Business internet banking.

Dishonour fee

(calculated per single electronically dishonoured direct debit)

Get started

01. Contact us

Simply contact your ASB Relationship Manager or visit your nearest branch to find out if ASB Smart Debit is right for you.

02. Promote

Once you're set up, let your customers know they can set up regular, recurring payments with ASB Smart Debit.

03. Set up

Load your customer payment details into FastNet Business internet banking.

Next steps

    New to ASB?

    Contact an ASB expert in your local area.

    Find an expert

  • Already with ASB?
    Contact your ASB Relationship Manager or visit your nearest branch to find out if ASB Smart Debit is right for you.

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FastNet Business internet banking

The online banking platform for organisations. Manage large volumes of payments, including direct debit schedules for your customers, and delegate banking tasks to your finance team.

Integrated Accounting

Link your ASB internet banking to your Xero or MYOB accounting service. Receive your bank and credit card transactions every morning, and upload payments to ASB online banking, ready to authorise.

ASB’s terms apply.

Business banking ASB Smart Debit