Full details are available in Features by Geography.
- Payments using a foreign currency account or foreign exchange rates will be available in the coming weeks.
- Payment file upload option using ANZ Transactive Cash Asia file format guides will be available through ANZ Fileactive in the coming weeks.
- Payment functionality will be delivered in a phased approach, and this article may be updated from time to time to reflect the most up-to-date and relevant information.
What is an international payment?
International payments, also known as cross-border payments or telegraphic transfers, is a payment from a single funding account to one or more nominated beneficiary accounts worldwide using an ANZ-supported and tradeable currency. International payments often involve two currencies where a foreign currency exchange rate is required.For more information, please refer to Asia & Pacific Payment Types.
Payment Method Rules for International Payments
- Value date will default with the current or next business date if the payment is created on a non-business date or after payment cut-off
- Non-business day - ANZ Transactive – Global will not allow you to create a payment where the Value Date is a non-business day (e.g., weekend, public holiday, bank holiday) or a currency holiday
- Cut-off times vary and are dependent on the currencies used
- Payment currency includes all ANZ-supported and tradeable currencies
- Maximum payment value is 99,999,999,999
Who can create an International Payment?
- Eligible users with Initiator and account access can create and manage an international payment based on your organisation's predetermined user permissions and payment settings. These role permissions can include:
- Initiator
- Initiate/Authorise
- Full Access
- Only users who are entitled to Payroll payments will be able to view, edit and approve payments when the Payroll indicator selected.
Create International Payment video
This video illustrates how to create an international payment. Some field may vary depending on the currency and geographies selected. An updated version will be available soon for Taiwan foreign currency payments.
Create an International Payment
There are multiple ways you can create an international payment using the payment method types from the Asia & Pacific Payments menu. Choose from the following options:
- Click Create Payment > International Payment (see step-by-step instructions below)
- Click Create Payment > Use Payment Template
- Click Create Payment > Use Payment File using Asia & Pacific File Format Guides
- Click Create Payment > Use Existing Payment
- Click Approve Payments > New > International Payment (see step-by-step instructions below)
- Click Current Payments > New > International Payment (see step-by-step instructions below)
To create an international payment and manually enter the payment instructions, follow the steps below:
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1 | Click Asia & Pacific Payments > Create Payment menu or Click Asia & Pacific Payments > Current Payments menu > New or Click Asia & Pacific Payments > Approve Payments menu > New. |
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2 | Click International Payment. | ||||||||||||||||||||||||||||
3 | If required, select the Division the international payment will be made from. If you are entitled to more than one division, you can set a default division for future payments. The Bank/Branch field will prepopulate from the Division selected. |
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4 | Select the Debit Account. The Ordering Party Name and Alternative Ordering Party Name will prepopulate based on the debit account selected. |
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5 |
Execution Date will prepopulate with the current business date. If required, click Later to choose a future value date up to 90 days. |
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6 | If required, select the Payment Currency, if different from the debit account currency. Refer to Processing & cut-off times for list of available payment currencies. The net Payment Amount will be populated when the Beneficiary amount(s) are entered. |
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7 | If required, select Payroll for salary payments and to restrict access to view, edit and approve the payment. | ||||||||||||||||||||||||||||
8 | If required, select the Individual Debits indicator to generate a separate debit entry on your account for each individual beneficiary payment instruction. | ||||||||||||||||||||||||||||
9 |
To reduce the risk of fraud, ANZ recommends you always confirm beneficiary details when processing a payment.
Click Add to add one or more beneficiary details using the following options:
Add Beneficiary from your Beneficiaries list
Search and select the Beneficiary from the Beneficiary Name field, then proceed to next steps. If required, click Add again to add additional beneficiaries.
Add New Beneficiary
Users must have entitlements to create new beneficiaries to complete these steps.
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10 | If required, enter Payment Reference up to 20 characters. | ||||||||||||||||||||||||||||
11 | Enter the Beneficiary payment Amount. | ||||||||||||||||||||||||||||
12 | If required, click Details icon to view and update additional beneficiary information. Fields available:
Add or update Beneficiary Payment Details
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13 | If required, repeat above steps to add each beneficiary. | ||||||||||||||||||||||||||||
14 | If required, choose Rate Type:
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15 | If required, click Attach Document to add supporting documents.
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16 | Click Review & Submit | ||||||||||||||||||||||||||||
17 | Click Submit |
Mandatory field validations:
Foreign exchange field validations:
Upload supporting document validations:
Next Steps
When the payment has been successfully submitted and is now in a Pending Approval status, you can choose from the following on-screen options:
- Review this Payment from the Payment Details screen
- View Approve Payments from the Approve Payments screen
- Create a New Payment
- Click OK to return to the Create Payment screen
When the payment has been successfully submitted for approval(s), the next steps can be:
- Approve Payment for processing or,
- Manage Payment for copying, editing, repairing or deleting
Video Transcript
An updated version will be available soon for Taiwan foreign currency payments.