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International Payment

 

International payment is a payment made from a single funding account to one or more nominated beneficiary accounts worldwide using any ANZ supported and tradeable currency. If you import an MT101 file, each payment instruction in the file is processed as a single batch. You can create a batch of same currency International Payments using one of the other methods listed below. Refer to cut-off times for processing and cut-off times. 

Methods to create International Payments:

To create an International Payment from the Create Payment screen, go to the Create Payment screen, click International Payment and complete the sections below.

Payment Information
  1. If you are entitled to more than one Division, select the Division under which the payment will be made
    Did you know that you can setup a default Division? Click here to find out more.
  2. Select the account the funds are being debited From
Payment Details
  1. Leave the Value Date as is unless you want to choose a future date. To select a future date, click on Later and choose a future date from the calendar:
     
    Payments can be future dated up to 60 calendar days if funded from an AUD or NZD account.
    Payments can be future dated up to 20 calendar days if funded from a CNY account.
  2. Enter a Payment Name up to 16 characters that will appear on payment reports
  3. Enter a Payment Reference up to 16 characters that will appear as part of the narrative on the debit account and beneficiary's statements and on payment reports
  4. Select the Payment Currency from the drop-down list
  5. If required, enter a Debit Advice Description up to 140 characters that will appear on the Debit Advice
    Only available if the debit account is CNY.
  6. If required, select a Confidential Data Group from the drop-down list
    Only users who are entitled to the Confidential Data Group will be able to view and action the payment.
  7. Tick the Enter Amounts in Debit Currency checkbox to enter the amounts to credit the beneficiaries in the currency of the debit account 
  8. Tick Individual Debits if you need one statement entry for each transaction processed
    Only available if the debit account is CNY. Not available for International Salary Payments (China only).
Beneficiary Details
To reduce the risk of fraud, ANZ recommends you always confirm beneficiary details when processing a payment.
  1. Click Add to add a payment instruction to the list
  2. Add Beneficiary
    Add Beneficiary from your Payee List
    Click in the Beneficiary Name field and select a beneficiary from the drop-down list. You can also use the Search Beneficiaries feature to find a beneficiary in your Payee List.
    Add New Beneficiary
    1. Click in the Beneficiary Name field and click Add New Beneficiary
      If Add New Beneficiary isn't visible, you do not have entitlements to create payees.
    2. Enter Beneficiary Name
    3. Select IBAN if entering an IBAN number, or select OTHER
      If sending payments to European Union countries, you must use an IBAN.
    4. Enter the beneficiaries Account Number/IBAN
      IBAN examples: "BE88320034713441", "GR101101250000000012300695"
      OTHER examples: "099445344211", "06098821346720"
    5. Select an Account Type for beneficiaries in China
    6. If you are sending a Beneficiary Advice, enter an Email Address
    7. Enter the Address and City where the beneficiary resides
    8. Select the beneficiary's Country from the drop-down list
    9. Select the applicable Clearing Code from the drop-down list. The options available are based on the Country of the beneficiary.
    10. Click on the Search icon to display the Find a Clearing Code pop-up window
    11. Enter one or more search criteria and click Search
    12. Select the beneficiary bank from the search results list
      Please do not select ANZBAU3R as your beneficiary’s bank Swift Code. If you have been asked to use ANZ's AU Swift Code, please select ANZBAU3MXXX.
    13. Click Add this beneficiary to Address Book if you will be paying this beneficiary again
    14. Click Proceed
  3. Enter the Amount to pay the beneficiary
  4. Click Beneficiary Payment Details to update the following:
    Payment Details & Charges
    1. For CNY and MYR payment currencies, select the Payment Purpose from the drop-down list
      Payment Purposes
      CURRENCY CODE DESCRIPTION
      MYR /11100/ Freight on goods
      MYR /11200/ Passenger fare
      MYR /11999/ Other transport services
      MYR /12300/ Operational lease
      MYR /13299/ Travel for personal / business purposes
      MYR /13300/ Travel for pilgrimage and religious observances
      MYR /13400/ Travel for medical treatment
      MYR /13500/ Education
      MYR /14100/ Investment income
      MYR /14229/ Interest on loan obligations
      MYR /14259/ Interest on deposits, debt securities, etc.
      MYR /14300/ Remuneration for employees
      MYR /15100/ Government offices
      MYR /16100/ Communication services
      MYR /16200/ Construction and installation services
      MYR /16300/ Insurance services
      MYR /16400/ Financial services
      MYR /16500/ Computer and information services
      MYR /16600/ Royalties and licence fees
      MYR /16710/ Merchanting trade
      MYR /16720/ Sharing of administrative expenses
      MYR /16730/ Research and development
      MYR /16740/ Technical services (e.g. engineering)
      MYR /16750/ Agricultural, mining and on-site processing
      MYR /16760/ Business services
      MYR /16771/ Legal services
      MYR /16772/ Accounting services
      MYR /16773/ Management consulting services
      MYR /16780/ Rental services
      MYR /16800/ Personal, cultural and recreational services
      MYR /16999/ Other services
      CNY /CSTRDR/ Payments for Services
      CNY /CGODDR/ Payments for Goods
      CNY /CCTFDR/ Capital Payment
    2. Select who will incur the transfer charges associated with the payment: 
      • BEN: the beneficiary pays all transfer charges and receives the payment minus the transfer charges (only available in China)
      • OUR: you pay all transfer charges and the beneficiary receives the full amount of the payment
      • SHA: you pay outgoing transfer charges and the beneficiary pays the correspondent bank charges. The beneficiary will receive the payment minus the correspondent bank charges. 
    3. If required, update the Client Reference. This field can be up to 16 characters and will appear as part of the narrative on the debit account and beneficiary's statements and on payment reports. 
    Intermediary Bank (optional)
    1. Select the Bank Code Type from the drop-down list
    2. Click on the Bank Code Search icon to display the Find a Clearing Code pop-up window
    3. Enter one or more search criteria and click Search
    4. Select the intermediary bank from the search results list
    If Intermediary Bank isn't visible and you need this functionality, please contact your ANZ Representative.
    Remittance Information (optional)
    • Enter Remittance Information up to 140 characters that will appear on the Beneficiary Advice, the Payment Detail Report and Field 70 of the SWIFT MT103 message
    • Enter Invoice Details up to 80 x 60 lines of information that will appear on the Beneficiary Advice and the Payment Detail Report
    • Tick the Email Beneficiary Advice checkbox and enter an email address where the Beneficiary Advice will be sent to
      • You cannot edit the email address if the checkbox is not ticked
      • Pre-populated email addresses are derived from the beneficiary details in the Payee List
      • A sample Beneficiary Advice can be found here
    FX Details and Debit Advice (China only)
    1. Complete FX Details if required for this beneficiary.
      Only available if the debit and credit currencies are different and you have selected Individual Debits.
    2. Enter a Debit Advice Description up to 140 characters that will appear as part of the narrative on the Debit Advice.
    Supporting Documents & Additional Information (China only)
    1. Complete Supporting Documents if you need to upload a file to accompany your payment. Click Attach Document to find and attach the required file.
      A maximum of five files can be uploaded. The total size of all files cannot exceed 5MB. The supported file extensions are doc, docx, jpg, jpeg and pdf.
    2. If your beneficiary requires additional regulatory information, complete the Additional Information section. Mandatory fields are marked with an asterisk.
      If you complete the BOP form in ANZ Transactive - Global, you do not need to provide a hard copy of the form to the Bank.
      FIELD HOW TO COMPLETE
      Provided BOP form manually to bank If you have provided the BOP (Balance Of Payments) form manually to the bank, select this checkbox.
      NOTE: If selected the remaining fields will no longer be visible.
      Amount in Words* Enter the amount of the payment in words.
      NOTE: This will be auto-populated in English if an amount has been entered.
      BOP Transaction Code 1* Select the appropriate BOP Transaction Code.
      BOP Transaction Description 1* This will be auto-populated based on the BOP Transaction Code 1 selected. You can update the description if required. 
      BOP CCY1* This will be auto-populated based on the Payment Currency or Debit Currency being used.
      BOP Amount 1* Enter the BOP Amount for BOP Transaction Code 1.
      BOP Transaction Code 2 If required, select the appropriate BOP Transaction Code.
      NOTE: This needs to be a different Transaction Code to BOP Transaction Code 1.
      BOP Transaction Description 2 This will be auto-populated based on the BOP Transaction Code 2 selected. You can update the description if required. 
      BOP CCY 2 If you are using BOP Amount 2, enter the transaction currency.
      BOP Amount 2 Enter the BOP Amount 2 for BOP Transaction Code 2.
      NOTE: BOP Amount 1 plus BOP Amount 2 should equal the total BOP amount.
      Unit Code* Enter the 9 digit Unit Code of your organisation.
      Beneficiary Resident Country/Region Name* This will be auto-populated based on the remitter’s bank country name.
      Beneficiary Resident Country/Region Code* This will be auto-populated based on the remitter’s bank country name.
      Payment Nature* Select the nature of the payment from the drop-down list.
      NOTE: This should be based on the declaration document.
      Tax Free Goods* Select Yes or No.
      Type of Payment* Select the type of payment from the drop down list.
      Contract Number* If there is a contract for this transaction, enter the Contract Number or enter "N/A".
      Invoice Number* If there is an invoice for this transaction, enter the Invoice Number or enter "N/A".
      Safe Batch/Registration Number Enter the 20 digit Safe Batch/Registration Number or enter "N/A".
      BOP Reporting Type* Select the BOP reporting type from the drop-down list.
  5. Repeat the above steps to add each beneficiary to the payment
To remove one or more payment instructions from the list, tick the checkbox next to the instruction number and click Remove.
FX Details
Using a carded/dynamic rate to fund the payment? No action is required, just leave the Rate Type as is.
Using a Contract to fund the payment? Follow the steps below.
To obtain an FX Contract, contact your local ANZ Markets dealer. Contracts will appear in ANZ Transactive – Global for selection after they have been booked.
  1. Select Contract from the Rate Type drop-down list
  2. Click Add FX Contracts
  3. Select one or more FX Contracts to add to the payment and click OK
    AddContracts.png
    1. If the debit account is AU or NZ domiciled, up to nine Contracts can be added unless you select Use Dynamic Rate for Remaining Amount. In this case, only eight Contracts can be added.
    2. If the debit account is CN domiciled, up to five Contracts can be added unless you select Use Dynamic Rate for Remaining Amount. In this case, only four Contracts can be added. 
  4. Select the Use Dynamic Rate for Remaining Amount checkbox if you need additional funds not covered by the FX Contract(s).
Review and Submit
  1. After you have completed all the payment information, click Review & Submit at the bottom of the screen:
    Error?
    If there is an error, you will see an Error pop-up and a warning message in the payment instruction.
    Click Beneficiary Payment Details to view the error in the Beneficiary Payment Details pop-up window. 
  2. Review the payment details and click Submit to submit the payment for approval:
    If the payment details are not correct, click Previous to return to the previous screen and edit the payment as required.
  3. In the confirmation pop-up window, choose your next course of action:
    • Click Request Payment Summary Report to request the report
    • Click Save Payment as Template to create a template from the payment
    • Click View this Payment to go to the Payment Details screen
    • Click Ok to go to the Current Payments screen
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