ANZ Transactive Cash Asia will no longer be available from May 2025.
Watch the Get Rate video (1:08m) for a demonstration of this feature.
Dynamic Rates will replace carded rates, and this will allow you to obtain real-time foreign exchange rates for cross-currency payments less than or equal to US$500k. When you are creating a cross-currency payment, you will have the option of selecting Dynamic or a Contract to fund the payment:
The Get Rate feature allows you to obtain a real-time foreign exchange rate for cross-currency payments with a ‘Needs Rate’ status, on the value date of the payment. This status is assigned when the ‘Dynamic’ rate type is selected in the FX Details field of your payment, and after the multi-currency payment is approved by all required approvers.
You can apply the Get Rate feature:
- on the value date of the payment,
- before the cut-off time for the payment type,
- for future dated payments on the value date, and
- for each individual payment with a Needs Rate status, i.e., you cannot select multiple payments from the grid with a Needs Rate status and click Get Rate.
Dynamic rates for outward payments are not available for the following unsupported currencies per geography.
GEOGRAPHY | UNSUPPORTED CURRENCIES |
Hong Kong | IDR, MYR |
Singapore | IDR, KRW, LKR, MYR, PGK, SAR, TWD |