Set up an automatic payment
How to set up an automatic-payment to make on-going payments for the same amount and at regular time.
For detailed step-by-step instructions, download and print the guide.
- Log in to FastNet Classic internet banking and click on Open and apply.
- Click on Term and fund deposit.
- Select View to see the current rates and terms.
- Choose an account you want to open your investment under.
Tip: If you’re not sure what a particular field is, hover over the blue tool tip for information.
- Choose whether you would like to open a Term Deposit or Term Fund account.
- Select whether you’re a NZ tax resident or not.
- Update your tax details if required and select Continue.
- Enter the amount you want to invest.
- Select which account you want to take the funds from.
- Select Show my options to view current rates and terms and select the term you want.
Tip: You can specify a custom term by selecting Or choose your own term.
- Choose how you would like your interest paid, then select Continue.
- You can personalise the name of your investment if you want.
- Choose what you would like to do at maturity of your investment and select Continue.
- Check that the details of your investment are correct and select Open Term Deposit.
You have successfully opened a term investment.
More how to guides
Add a bill payee
How to set up a bill payee to make regular payments to the same person or company, at different times or for varying amounts.
Pay someone overseas
How to make an international money transfer (IMT), a fast and secure way to pay someone overseas from your ASB account.
Reinvest a term investment
How to reinvest a term investment, you can choose a new term and rate, add new funds, and decide how you want your interest or returns paid.
Pay someone
How to pay a person or one-off bill online, saving you a trip to the branch.
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