FastNet Business International
From making payments in multiple currencies to managing your letters of credit, FastNet Business International is the perfect module for international traders.
FastNet Business internet banking fees
Bulk payments
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Bulk payment transaction fee
Bulk payment transaction fee applies per payment line for direct credits, payroll, creditors and credit card bulk payments. |
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Note: Bulk payments are free for Business Focus and not-for-profit organisations meeting ASB's prevailing eligibility criteria.
Direct debits
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Direct debit transaction fee
Direct debit transaction fee applies per payer line for direct debit receipts. |
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Direct debit dishonour fee
Applies to each failed direct debit receipt initiated using FastNet Business. |
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Same day cleared payments
Same day cleared payment fee
Per electronic transaction
International money transfers
International money transfer fee
Per FastNet transaction
Note: Payment may be subject to charges imposed by overseas bank.
Other bank fees
The Other Bank Fee is charged when you choose the "Sender to Pay" option. This fee covers charges from other banks (also known as correspondent, intermediary and beneficiary banks) involved in the payment. This fee will be charged to your ASB account the business day after the payment is sent. Please note, while ASB will send your payment with instructions for the sender to cover all fees and charges, due to the steps involved in the international payment ecosystem, it is possible that the recipient may still have fees deducted from the amount that they receive.
If the debit account is a Foreign Currency Account, the fee will be converted to the currency of the debit account at the applicable foreign exchange rate at the time the fee is processed.
Alternatively, you can choose the "Recipient to Pay" option. In this case, you will not be charged an Other Bank Fee, but there will likely be fees deducted from the amount that your recipient receives.
Other bank fees
Staff Assisted, FastNet Classic, FastNet Business
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Currency of IMT
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Other bank fee (NZD)
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USD
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$5.00
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AUD to CBA Account
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$7.50
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AED, CAD, CNY, FJD, INR, NOK, PHP, SEK, TOP, WST, ZAR
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$10.00
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AUD to non-CBA Account, CHF, DKK, EUR, GBP, PGK, THB
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$20.00
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HKD, JPY, NZD, SGD, VUV, XPF
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$25.00
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Alerts
TXT alert fee
Per alert sent, excluding TXT alerts sent for FX orders
Email alert fee
Other fees
Additional Netcode token fee
First two tokens free. Fee applies to any subsequent tokens
Next steps
Register now
Download and complete the FastNet Business registration form. Email it to FNBhelpdesk@asb.co.nz.
Call us
Contact us from 8:00am to 6:30pm, Monday to Friday.
Visit a branch
Visit us at one of our many branches.
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Financial Markets Online
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FastNet Business Professional Trust
Professional Trust lets you manage your clients’ funds with bank-like functionality. You can create separate accounts for each client, for easier reporting and interest calculations.
We’re here to help you
Frequently asked questions
Manage your account
FastNet Business terms and conditions apply. FastNet Business fees are subject to change. Standard account transaction and service fees apply. More information on fees is available in the guide to business banking fees.