FastNet Business International

An optional module of FastNet Business internet banking, FastNet Business International streamlines the management of international payments and ASB Foreign Currency Accounts and provides international trading tools.

Manage international payments

• International money transfers
  You can send payments individually or in batches. Batches can be in different currencies, and you can check and authorise them all in one go.
• Payee libraries
  Avoid rework and errors, and save time. You can save individual payees’ details, as well as entire payment batches.
• Advanced foreign exchange functionality
  You can draw on your ASB forward exchange contracts for a payment, use the current spot rate, or make a payment directly from your foreign currency account.
• Control
  Give your team specific user permissions and authorisation limits, these can be different from their domestic payment permissions.

Manage your ASB Foreign Currency Accounts

If you deal in specific currencies all the time, an ASB Foreign Currency Account lets you reduce your exchange rate risk. You keep your funds in the overseas currency, ready for payments in and out, without converting to New Zealand dollars.

See your balances
View your balances and transactions, and sort, filter and export them.

Make payments
You can make international payments directly from your foreign currency account. It gives you a clearer financial overview, especially if you're making regular payments.

Receive payments
Keep your foreign remittances in the same currency to enable you to manage the foreign exchange conversion when you're ready.