Transferring money between banks can be a confusing process, especially if you’re not sure how long it will take.
In this article, we’ll take a look at the ANZ to ASB Bank transfer time so you can plan your finances accordingly.
How long does it take to transfer money from ANZ to ASB Bank?
The time it takes to transfer money from ANZ to ASB Bank will depend on the type of transfer you choose and the time of day you initiate the transfer.
- One-off transfer: One-off transfers are typically processed within one hour, but they may take up to one business day if you initiate the transfer after 10pm.
- Recurring transfer: Recurring transfers are typically processed on the scheduled date and time.
Factors that affect the ANZ to ASB Bank transfer time
There are a few factors that can affect the ANZ to ASB Bank transfer time, including:
- The type of transfer: One-off transfers are typically processed faster than recurring transfers.
- The time of day: Transfers initiated after 10pm may take up to one business day to process.
- The day of the week: Transfers initiated on weekends or public holidays may take longer to process.
- The amount of money being transferred: Larger transfers may take longer to process than smaller transfers.
- System outages: If there are any system outages at ANZ or ASB Bank, this may delay the transfer process.
How can I track the status of my ANZ to ASB Bank transfer?
You can track the status of your ANZ to ASB Bank transfer by logging into your ANZ Bank account and going to the “Transfers” section.
You can also call ANZ Bank customer service at 13 13 14 to inquire about the status of your transfer.
Conclusion
The ANZ to ASB Bank transfer time will vary depending on the type of transfer you choose and the time of day you initiate the transfer.
One-off transfers are typically processed within one hour, but they may take up to one business day if you initiate the transfer after 10pm. Recurring transfers are typically processed on the scheduled date and time.
There are a few factors that can affect the ANZ to ASB Bank transfer time, such as the type of transfer, the time of day, the day of the week, the amount of money being transferred, and system outages.
You can track the status of your ANZ to ASB Bank transfer by logging into your ANZ Bank account or by calling ANZ Bank customer service.