Bank to bank transfers

Please note this sub-forum does not provide professional finance advice. You should seek advice from a licensed financial advisor.

To post in this sub-forum you must have made 100 posts or have Trust status or have completed our ID Verification.

If investing please consider our affiliate link for new accounts: Sharesies.

Forums › Finance and wealth management › Bank to bank transfers

kdn

203 posts

Master Geek
+1 received by user: 7

#182620 23-Oct-2015 11:45

Hi guys,

Just a quick question for someone that knows for sure. I currently have a westpac account, I need to make a second account at another bank. To make life easy, I would like one that I can transfer money from westpac into that which will show up immediately (or within the hour) Kiwibank and ASB claim they do it, but with the caveat that it depends on the other side too. So just want to know if someone has proven experience.

cheers

This is a filtered page: currently showing replies marked as answers. Click here to see full discussion.

trig42

5889 posts

Uber Geek
+1 received by user: 2094

ID Verified

#1411789 23-Oct-2015 13:11

I have a Westpac account and a Kiwibank, and can confirm payments I make to Kiwibank from Westpac appear usually within the hour. Not sure about cutoff times, I have only ever done it during a work day.

graemeh

2080 posts

Uber Geek
+1 received by user: 226

#1411840 23-Oct-2015 14:06

graemeh: I have just paid $1 from my Westpac account to my ASB account. I'll try to record exactly when it arrives.

It has arrived and appears to have taken around two hours.