When are NetBank international money transfers (IMT) processed, and how long will my transfer take to reach the beneficiary?
You can complete an IMT online via NetBank at any time. International money transfers performed on a weekend or public/bank holiday, or after currency cut-off times on a Bank business day, will be processed the following Bank business day. Your transaction will be seen as ‘PENDING’ in your International Address Book History. The next day, the status will change to ‘SENT’ if you have sufficient funds in your nominated debit account or ‘REJECTED’, if you have insufficient funds in your nominated debit account. Under normal circumstances your money should arrive at the overseas bank of the beneficiary within 2 to 5 business days. However, we cannot guarantee this timeframe as there may be delays due to the banking practices of the overseas bank or country.
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