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Making a same-day cleared payment

Same-day cleared payments are made as soon as they're authorised

Nick avatar
Written by Nick
Updated over 4 years ago

You can use same-day cleared payments to transfer a single payment to another New Zealand bank account. They can be useful for things like a real estate settlement or for customs clearances.

Same-day cleared payments are made as soon as they’re authorised. They can’t be reversed and you’ll pay a fee for each transaction.

How to make a same-day cleared payment

  1. Go to the Transfer/Pay tab.

  2. Select Make a same-day cleared payment from the left-hand menu.

  3. Choose the account you want to make a payment from and enter the amount.

  4. Select Beneficiary Account Payment, or Beneficiary SWIFT BIC if you’re paying the New Zealand Stock exchange, and select Next.

  5. Enter the details of the person you want to make a payment to.

  6. Enter the payee’s email address if you want them to be notified when the payment is made.

  7. Click on Next to finish creating the payment. 

  8. Click on Next/Proceed to Authorisation. Your payment will be transferred as soon as it is authorised.

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