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) |