Whether you’re transferring between ANZ accounts, utilizing the efficiency of BPAY transactions, or sending money to other banks, ANZ’s mechanisms ensure the seamless movement of funds.
In this article, we will disclose which times are best for transferring your funds when using ANZ.
ANZ Bank Transfer Times
When transferring funds from one ANZ account to another via the ‘Transfer between my accounts’ feature in Internet Banking, the transaction is generally instant, though processing times may take up to 24 hours.
For BPAY transactions, those conducted before 6pm (AEST) could take 2 to 3 business days to complete. When it comes to transfers to accounts at different banks, ANZ deducts the amount immediately and then forwards it to the recipient bank for processing.
Transactions set up between 9am and 10pm are dispatched on the same day, while those established after 10pm are sent the following morning.