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New Zealand

Type Description
Direct to Bank Method Direct credit to bank account in New Zealand

Supported sender type - Individual & Corporate

Supported beneficiary type – Individual & Corporate
Transaction Turnaround Time T+1 New Zealand Banking Day for transaction processed 1.00 PM (Mon-Fri) New Zealand Time
Area availability New Zealand nationwide
Transaction Limit Compliance Limit - NZD 15,000
Cancellation Process Cancellation is on best effort basis
Remarks Account number should be of 15 or 16 digits as First 2 digits represent bank; Next 4 digit represent branch; Next 7 digit represent account number; last 2 digit represent suffix (Account type such as savings/current)