Payment processing and cut-off times


1. What are the cut-off times for domestic and BPAY payments?

Have a look at our table of payment cut off times.

2. When will a Biller receive my BPAY payment?

If you make a BPAY payment before the specified cut-off time on a business day, we’ll send the payment details to the biller’s bank on the same day. The biller is required (under BPAY rules) to treat your payment as being received that same day as well.

Payments made after the specified cut-off time will usually be treated as being received by the biller on the next business day. The time that it takes for the biller’s account to actually be credited will depend on the policy and systems of the biller’s bank’.

3. Can I create a domestic or BPAY payment after the cut-off time?

Yes, if you are happy for it to be processed on a later day. You will simply need to nominate a future business day for the payment to be processed (up to 90 days in advance).

4. Can I create an international payment after the cut-off time?

Yes, you can create an international payment after the cut-off time if you are happy for it to be processed on a later day. You will simply need to nominate a future business day for the payment to be processed (up to 3 days in advance). Please note: International payments using ‘Real Time Rate’ cannot be created after the cut-off time.

5. What is the cut-off time for NAB Business Markets Loan redraws and repayments?

Linked Account Transfers from or to a NAB Business Markets Loan must be submitted and authorised by 7:58pm (Melbourne time) on a business day.

6. What are the cut-off times for international payments?

Please refer to the table below for foreign currency cut-off times:

 

Currency

Melbourne/Sydney Time

Australian Dollars

3:45 PM

Bahraini Dinars

3:00 PM

Bangladesh Taka

3:00 PM

Canadian Dollars

5:00 PM

CFP Francs

11:00 AM next day

Chinese Renmimbi

4:00 PM

Czech Koruna

3:00 PM

Danish Kroner

5:00 PM

Euro

5:00 PM

Fijian Dollars

11:00 AM

Hong Kong Dollars

5:00 PM

Hungarian Forint

5:00 PM

Indian Rupees

3:00 PM

Israeli Shekel

3:00 PM

Indonesian Rupiah

11:00 AM

Japanese Yen

12:00 PM

Jordanian Dinars

3:00 PM

Kenyan Shillings

5:00 PM

Kuwaiti Dinars

3:00 PM

Mexican Peso

5:00 PM

Norwegian Kroner

5:00 PM

New Zealand Dollars

1:00 PM

Omani Rial

3:00 PM

Pakistani Rupees

3:00 PM

Papua New Guinea Kina

12:00 PM

Philippine Pesos

11:00 AM

Polish Zloty

5:00 PM

Saudi Arabian Riyals

3:00 PM

Singapore Dollars

12:00 PM

Solomon Islands Dollars

11:00 AM

South African Rand

5:00 PM

Sri Lankan Rupees

3:00 PM

Swedish Kronor

5:00 PM

Swiss Francs

5:00 PM

Thai Bahts

11:00 AM

United Arab Emirates Dirhams

3:00 PM

United Kingdom Pound Sterling

5:00 PM

United States Dollars

5:00 PM

Vanavatu Vatu

11:00 AM

Western Samoa Tala

10:00 AM