Intraday Banking

We’re moving to Intraday Banking

We’re speeding things up! From 6 November 2024, we’ll be increasing the frequency of your incoming and outgoing payments, by adding an additional payment exchange with other banks during the day.

Intraday Banking is exactly what it sounds like – processing transactions to and from your Heartland Bank account during the day, rather than just once in the evening. This will give you greater flexibility and control over your accounts.

How did things work previously?

Prior to 6 November, any transactions initiated before 7pm each day were processed overnight. Transactions initiated after 7pm weren't processed until the following day, after 7pm.

What changes with Intraday Banking?

Payments made before 11am will be processed during the day, so you'll have greater flexibility and control over your funds. Other payments made before 7pm will be processed overnight.

Term Deposit redemption payouts, future dated transactions and automatic payments for the day will all be included in our new morning process.

We’re excited to improve the way we do things at Heartland Bank, and look forward to increasing the frequency of these payment exchanges in the new year.

If you have further questions about Intraday, please get in touch.