ASB bank transfers between ASB accounts are instant and cleared 24 hours a day, 7 days a week. This means that the money will appear in the recipient’s account immediately after you send the transfer.
Transfers from ASB to other New Zealand banks typically take up to one hour to be processed. However, it can take up to two hours for the money to appear in the recipient’s account, depending on the receiving bank.
Transferring money from ASB to an international bank account
International bank transfers from ASB can take up to 5 business days to be processed. However, it can take longer, depending on the receiving bank and the country where the account is located.
The following factors can affect ASB bank transfer times:
- The time of day the transfer is made: Transfers made outside of ASB’s business hours (9am to 5pm, Monday to Friday) may not be processed until the next business day.
- The type of transfer: Some types of transfers, such as international transfers, may take longer to process than others.
- The receiving bank: Some banks may take longer to process transfers than others.
- Public holidays: Transfers made on public holidays may not be processed until the next business day.
How to track the status of my ASB bank transfer
You can track the status of your ASB bank transfer by logging into your ASB internet banking account or mobile banking app. Go to the “Payments” section and select “Transfers”.
You will be able to see the status of all your recent transfers, including the date the transfer was made, the amount transferred, and the recipient’s bank account details.
If your ASB bank transfer is delayed, you can contact ASB customer service for assistance. They will be able to investigate the delay and help you to get your money to the recipient as quickly as possible.