Geography: This article is applicable for ANZ Transactive - Global customers banking in Indonesia and Taiwan who use the Asia & Pacific Payments menu.
Full details are available in Features by Geography.
Full details are available in Features by Geography.
About 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 value date will always be a business date*. In the event a payment has missed the payment processing and cut-off time, the payment will automatically move to the next business date. 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.Warning messages:
When attempting to approve a payment that has passed or nearing cut-off, the approver will receive a warning message similar to the below:- "This payment has passed the cut-off time for the Value Date. By proceeding to approve this payment, the Value Date will automatically roll over to the next valid business date."
- "One or more transactions within the batch submitted are approaching cut-off and may not be processed on the selected value date. Processing on selected value date will be on best efforts basis."
Payment method cut-off times by geography
Select the geography where the payment has originated from, then refer to the payment method and the currency of the payment to determine the payment cut-off time.
The times indicated are in the time zone of the geography, e.g., Taiwan = CST (China Standard Time), Indonesia = WIB (Western Indonesia Time) and displayed in military 24-hour clock format.
Indonesia
Account Transfers
PROCESSING METHOD | CUT-OFF TIME |
Same-border same-currency. Same day real-time processing. | 21:00 |
Same-border cross-currency. Same day processing. | 21:00 |
Domestic Payments
PAYMENT METHOD | CODE | CURRENCY | CUT-OFF TIME |
Domestic - ACH (SKN) | IDR | Indonesian Rupiah | 15:00 |
Domestic - ACH Salary (SKN) | IDR | Indonesian Rupiah | 14:30 |
Domestic - Book Transfer | AUD, CHF, CNY, EUR, GBP, IDR, JPY, NZD, SGD, USD | Multiple | 17:30 |
Domestic - E-TAX | IDR | Indonesian Rupiah | 15:00 |
Domestic - FAST & Salary payments (Bi-Fast)* | IDR | Indonesian Rupiah | 23:00 |
Domestic - RTGS & Salary payments | IDR | Indonesian Rupiah | 15:00 |
Cross-currency Payments including International Salary Payments
CODE |
CURRENCY | CUT-OFF TIME |
AUD | Australian Dollar | 14:00 |
CAD | Canadian Dollar | 14:00 |
CHF | Swiss Franc | 14:00 |
CNY | Chinese Renminbi | 14:00 |
EUR | Euro | 14:00 |
GBP | Pound Sterling | 14:00 |
HKD | Hong Kong Dollar | 14:00 |
JPY | Japanese Yen | 14:00 |
NZD | New Zealand Dollar | 14:00 |
SGD | Singapore Dollar | 14:00 |
USD | US Dollar | 14:00 |
Taiwan
Account Transfers
PROCESSING METHOD |
CUT-OFF TIME | |
Same-border same-currency. Same day real-time processing. | 16:00 | |
Same-border cross-currency. Same day processing. | 16:00 |
Domestic Payments
PAYMENT METHOD | CODE | CURRENCY | SOFT - HARD CUT-OFF TIME |
Domestic - Book Transfer | AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, JPY, NOK, NZD, PLN, SEK, SGD, THB, TRY, TWD, USD, ZAR | Multiple | 16:00 |
Domestic - IBRS and Salary payments | TWD | New Taiwan Dollar | 15:30:30 |
Cross-currency Payments
CODE |
CURRENCY | CUT-OFF TIME |
AUD | Australian Dollar | 00:00:01 |
CAD | Canadian Dollar | 15:30 |
CHF | Swiss Franc | 16:00 |
CNH | Chinese Renminbi | 11:30 |
CNY | Chinese Renminbi | 11:30 |
CZK | Czech Koruna | 00:00:01 |
DKK | Danish Krone | 16:00 |
EUR | Euro | 16:00 |
GBP | Pound Sterling | 15:30 |
HKD | Hong Kong Dollar | 00:00:01 |
HUF | Hungarian Forint | 00:00:01 |
JPY | Japanese Yen | 00:00:01 |
NOK | Norwegian Krone | 16:00 |
NZD | New Zealand Dollar | 00:00:01 |
PLN | Polish Zloty | 00:00:01 |
SEK | Swedish Krona | 16:00 |
SGD | Singapore Dollar | 00:00:01 |
THB | Thai Baht | 00:00:01 |
TRY | Turkish Lira | 00:00:01 |
USD* | US Dollar | 16:00 |
ZAR | South African Rand | 16:00 |