Are there any daily limits to an International Money Transfer (IMT), using FastNet Classic?
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.
If I'm making an International Money Transfer, how do I identify the beneficiary bank I wish to transfer funds to?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 ...
What information do I need to provide an overseas bank or to someone else who wants to send an International Money Transfer to my ASB account?A deposit into your ASB bank account can be made from anywhere in the world provided the sender has the ...