Geography: This article is applicable for ANZ Transactive - Global customers banking in Hong Kong, India, Indonesia, Philippines, Singapore, Taiwan and Vietnam. Full details are available in Features by Geography.
This information is relevant to ANZ Transactive Cash Asia customers as part of the upgrade to ANZ Transactive - Global. ANZ Transactive Cash Asia will no longer be available from May 2025.
As part of ANZ’s commitment to enhance your digital banking experience, we will be making some changes to how your inward payments are processed in ANZ Transactive Cash Asia, ANZ Fileactive and ANZ Transactive - Global.
What are the changes?
- Inward payment narrative changes: Please refer to article for details
- Foreign Exchange (FX) inward payment thresholds: For Hong Kong and Singapore domiciled accounts, inward transactions less than or equal to $500k USD equivalent that require FX conversion will be processed without manual processing by the bank, meaning that more of your inward payments will reach your account without being delayed.
When will the changes occur?
The changes will be provided to you in a phased approach and by jurisdiction and payment type.
| JURISDICTION | PAYMENT TYPES | TIMEFRAMES |
| Singapore | Telegraphic Transfers and RTGS (MEPS) | June - September 2024 |
| Hong Kong | Telegraphic Transfers and RTGS (CHATS) | July - September 2024 |
| Hong Kong | FPS | July - September 2024 |
| Singapore | ACH (GIRO) | August - September 2024 |
| Singapore | FAST | August 2024 |
| Additional jurisdictions and payment types to be advised in the coming months. | ||