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Foreign currency cut-off times

When international payments can be authorised

Written by Sam

Payments made from NZD accounts 

Payments made from NZD accounts can be authorised between 7am and 11pm on NZ business days. 

Payments that use a forward exchange contract or dealer rate, can only be authorised from 7am up until the relevant currency cut-off time. 

Payments made from foreign currency accounts

Scheduled for today, can be authorised from 7am up until the relevant currency cut-off time on NZ business days.

Scheduled for a future date, can be authorised at any time except 9:30pm–1:30am on NZ business days.

Payments can’t be authorised on a public holiday in the country of that currency, for example USD payments can't be authorised on 4 July (US Independence Day).

Foreign currency cut-off times

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