Are there any daily limits to an International Money Transfer (IMT), using FastNet Classic?
Last Updated: 06 Jun 2017
Yes, the following limits apply:
When transferring from a New Zealand Dollar (NZD) account.
- Business hours (Monday – Friday 8am – 5pm) - $100,000 (including fee).
- After business hours (Monday – Friday before 8am and after 5pm and all day Saturday & Sunday) - $60,000 (including fee).
When transferring from a Foreign Currency Account (FCA).
- Business hours (Monday – Friday 8am – 5pm) – equivalent to NZD $100,000 (including fee).
- After business hours (Monday – Friday before 8am and after 5pm and all day Saturday & Sunday) - equivalent to NZD $60,000 (including fee), this limit includes any transfer you make between your foreign currency account and your other accounts of any type.
Please note, when making an IMT there is a $15 fee and all days and hours are in New Zealand Time.
Did this answer your question?
Related Answers
-
There are two ways to identify the beneficiary bank to which you wish to transfer funds. The first is to ...
-
FastNet International is required where you are creating an IMT from a Foreign Currency account and / or will be ...
-
Log In to FastNet Classic and select Accounts and then Foreign Exchange On the Foreign Exchange screen, select Buy Foreign ...
-
For same day processing, the cut-off time for FastNet Business international money transfers is 3.00 pm New Zealand time. Transactions ...
-
A deposit into your ASB bank account can be made from anywhere in the world provided the sender has the ...
