Asia & Pacific - Processing & cut-off times

Payment processing & cut-off times:

Payment processing and cut-off times vary and are determined by the geography where the payment originated, the payment method type, and the payment currencies. 

• Cross-currency Payments - The cut-off time is determined by the currency the payment is being made in. For non-business days, contracts should be booked for the next valid business day. Payments submitted before the cut-off time will be processed with the same value date stamp by the payment clearing bank subject to:
  • ANZ receiving the correct payment data,
  • The payment does not require manual intervention or repair,
  • It passes regulatory requirements, and
  • A foreign exchange deal has been booked before the currency cut-off of the earlier currency pair involved.

Value Date:

In ANZ Transactive Global, the execution / value date will always be a business date*. In the event a payment has missed the payment processing and cut-off time, your payment will remain in a processing status until it is processed on the next business date. The payment will appear in the Current Payments screen in an Approved status, pending bank processing.

The system intuitively disables non-business value dates, i.e., weekend, public holiday, bank holiday, (unless otherwise stated) or a currency holiday.

*Some payment types are processed in near real-time from Monday to Sunday, 24 hours a day, including public holidays. Please refer to the geography and payment types below.

Daylight Savings Time:

Some ANZ locations recognise Daylight Saving Time (DST). The cut-off times will automatically be adjusted in the system.