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Foreign currency cut-off times

When international payments can be authorised

Nick avatar
Written by Nick
Updated over 5 years ago

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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