Can I make automatic payments in FastNet Business?
FastNet Business allows you to view and modify existing automatic payments and create new ones.
You can use this feature to set up recurring payments (weekly, fortnightly etc.) to any standard bank account in New Zealand.
Please ensure you have sufficient funds in your account, as fees are charged on dishonoured payments.
To set up an automatic payment:
Before you begin, display the Automatic Payments page. To do this:
On the FastNet Business tab bar, click Transactional Banking.
Below the tab bar, click Payments.
On the left-menu click Automatic Payment.
On the Automatic Payments page, click Add.
Select the relevant account from which funds will be deducted.
Complete the remaining fields and select the relevant frequency.
If you want the automatic payment to recur indefinitely, leave the Final Amount and Final Date fields empty. If you want the payments to stop on a particular day, complete the Final Date field. If you want the final amount to differ from the regular amount, complete the Final Amount field.
Click OK. The Automatic Payment Authorisation displays the automatic payment's details for authorisation. You must fully authorise payments before leaving this page, or your changes will be lost.
Complete all relevant User ID, password and Netcode fields. If more than one authorisation is required, all the authorisers must enter their details together at the same computer to fully authorise the automatic payment.
Click Authorise. A message is displayed informing you that the automatic payment was successfully created.
Click OK. The automatic payment that you have just set up is listed on the Automatic Payments page.
You can't remotely authorise Automatic Payments at this stage so this payment type will require same session authorisation.
To edit an automatic payment: Log in to FastNet Business At the top of the page, click on ‘Transactional Banking’ ...
Automatic Payments can be processed at any time during each business day. If a payment to a non ASB account ...