If we can’t process a transfer, direct credit, automatic payment, bill, or tax payment because there isn’t enough money in your account, we’ll change the payment’s status to ‘Retrying’.
What we do to retry a payment
We’ll keep trying to make the payment:
Every hour between 7am and 11pm on the day the payment is due.
At 11:45pm on the day that the payment is due.
At 4:30am on the morning of the next day.
If we still can’t make the payment, it won’t be processed and will fail.
What you can do to retry a payment
If you have the Authorise activity role you can use the Retry Now button to retry the payment as soon as the money is available. You can find the Retry Now button in your Transfer and Payments List in Business Banking, and Authorise Payments list in the BNZ app.
Setting up payment notifications
You can set up email notifications to let you know if a payment can’t be made on its due date, is cleared after retrying, or has failed after a final retry.
Email notifications can be created by a user with permission to manage notifications. When you set up the notification, double check the recipient’s email address to make sure that the right person will get the email.