ANZ Express Payments

ANZ Express Payments is our payment solution that processes eligible international payments into Australia in real-time, 7 days a week, 24/7.^disclaimer

Payments are routed via Australia’s real-time payments network, the New Payments Platform (NPP), which is available for processing after RTGS cut-off times and on weekends.

ANZ is proud to be the first major Australian bank to process eligible cross-border payments via the NPP.

And the best part?

We have enabled ANZ Express Payments for all our AUD Clearing customers, because real-time clearing isn’t an add on, it’s built into our standard offering. No extra fees. No extra integration.

Speed and availability

• Typical settlement times of under 60 seconds when routed via the NPP, which is available for processing 24/7 i.e. after RTGS cut-off times and on weekends.^disclaimer

Cost-effective

• No extra fees. No extra integration.

Smart

• Eligible payments are routed via NPP, and non-eligible payments are automatically defaulted to RTGS.^disclaimer

Scalable

• No changes to your existing banking channels or agreements with ANZ. Future releases will support growing payment volumes and currencies.

Our objective is simple: clear payments into Australia in real-time using NPP.

Why? To help people get their money when they need it, anytime, from anywhere.

We remove the hassle, so you can focus on delivering a seamless international payment experience for your clients.

Talk to our team to learn more about how you can take advantage of ANZ Express Payments.

• ANZ is a founding shareholder of New Payments Platform Australia Limited and a direct participant in the NPP.
  
  
• ANZ has activated ANZ Express Payments for all our AUD clearing customers.
  
  
• Over 6 million retail customers and numerous corporates already benefit from NPP.
  
  
• ANZ is the #1 provider of AUD Bank-to-Bank Clearing Services for the 16th consecutive year, according to FImetrix.
  
  
• Dedicated teams offer global coverage and expertise for Clearing customers.

1. ANZ Clearing customer sends a payment using BSB and account number via their usual banking channel.
   
   
2. ANZ checks if the recipient is NPP-enabled. If NPP-enabled, ANZ attempts to process the payment using the NPP. If not, the payment defaults to RTGS.^disclaimer
   
   
3. For NPP-processing, payments need to meet the eligibility criteria (see below).
   
   
4. No infrastructure changes are required by the sender.
   
   
5. No cut-off times when processed via NPP, payments can be processed outside traditional RTGS hours.
   
   ANZ Express Payments vs RTGS processing windows
   
   

   

   
   
6. Typically, we observe cross-border payments being settled and processed in under 60 seconds when routed via NPP.^disclaimer
   
   
7. If a payment fails to process via the NPP, payments will be re-routed via Australia’s domestic high-value clearing stream (RTGS), rather than rejecting the payment.^disclaimer

Eligibility criteria

To be eligible for ANZ Express Payments, the payment must:

• Straight-Through Process. This requires that:
  
  
  • The SWIFT instruction is correctly formatted to meet ANZ’s STP requirements. Refer to ANZ's STP format guide.
    
    
  • Correct details are quoted including BSB and Account Number.
    
    
  • The payment details have no anti-money laundering (AML), counter terrorism financing (CTF) or sanctions-related issues.
     
• Not exceed applicable value limits.
  
  
• Be payable to an account that is NPP-eligible.
  
  
• Be in Australian Dollars (AUD).
  
  
• Be fully funded at a group level (depending on limits).
  
  
• Be an individual MT103 or pacs.008 message.
  
  
• Not be future dated.