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Are there any daily limits to an International Money Transfer (IMT), using FastNet Classic?

Last Updated: 06 Dec 2023

Yes, the following limits apply:

When transferring from a New Zealand Dollar (NZD) account.

  • During business hours (Monday – Friday 8am – 5pm New Zealand time) - $100,000 (including $5 fee).
  • After business hours (Monday – Friday before 8am and after 5pm and all day Saturday & Sunday New Zealand time) - $60,000 (including $5 fee).

When transferring from a Foreign Currency Account (FCA).

  • During business hours (Monday – Friday 8am – 5pm New Zealand time) – equivalent to NZD $100,000 (including $5 fee) in a 24 hour period.
  • After business hours (Monday – Friday before 8am and after 5pm and all day Saturday & Sunday New Zealand time) - equivalent to NZD $60,000 (including $5 fee), in a 24 hour period, this limit includes any transfer you make between your foreign currency account and your other accounts of any type.

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