how much money can i send via electronic transfer anz

Introduction

In this article, we will explore the maximum amount of money that can be sent through electronic transfers via ANZ (Australia and New Zealand Banking Group) services.

Australia and New Zealand Banking Group (ANZ)

ANZ is a prominent financial institution that provides a wide range of banking services, including electronic transfers. They offer secure and convenient methods to transfer money domestically and internationally.

Domestic Electronic Transfer Limit

ANZ allows customers to send money electronically within Australia with a maximum limit of $20,000 per day. This limit applies to both personal and business accounts, offering flexibility for various financial transactions.

International Electronic Transfer Limit

When sending money internationally through ANZ, the maximum amount that can be transferred may vary depending on the destination. ANZ provides different options for international transfers, each with its own limit:

1. ANZ International Money Transfer: This service is suitable for smaller international transactions, with a maximum limit of $12,000 per day for personal accounts and $25,000 per day for business accounts.

2. ANZ Internet Banking Overseas Pay Anyone: For larger international transfers, ANZ Internet Banking allows customers to send up to $50,000 per day to selected countries. This service requires overseas bank account details for the recipient.

3. ANZ Foreign Currency Account: If you have an ANZ foreign currency account, you can transfer up to the available balance in that currency. This option is useful for frequent international transactions or specific currency needs.

Higher Transfer Limits

If you require to transfer an amount higher than the stated limits, ANZ offers assistance through their service team. You can visit an ANZ branch or contact their customer service for further guidance and potential solutions.

Conclusion

ANZ provides reliable electronic transfer services across Australia and internationally. The maximum amount you can send through electronic transfers depends on the type of transfer and destination. It is always recommended to check ANZ's official website or consult their customer service for the most up-to-date information regarding transfer limits.