You can individualise payments that contain multiple transaction items. This means that the transaction items will appear as separate transactions on your statement and transaction history screen, instead of one bulk payment.
You can individualise direct credits, payroll payments, and direct debits. Do this by selecting As individual transactions in statement details.
You can also choose how you want to manage the particulars, code, and reference fields for these individualised payments. Choose:
Yours and other party's individually to manually enter or edit each of the particulars, code, and reference fields on both yours and the other party’s statements.
Copy them from the other party to copy the particulars, code, and reference fields for each transaction item from the other party to your statement.
Make just yours all the same – enter values for your particulars, code and reference that will be copied across all transaction items. The other party’s details won't be affected.
Fees
Individualising payments may affect how much you'll be charged.
For a bulk (non-individualised) payment, fees are calculated like this:
(Direct credit, direct debit or payroll fee x number of items) + (1 x account fee)
For an individualised payment, fees are calculated like this:
(Number of items) + (Number of items x BNZ internet transaction or electronic fee)
More information
For more detailed help, check out Individualised Payments.