PayID® and other instant transfers
PayID transfers and most transfers made to a BSB and account number are usually processed instantly, or within a few minutes.
First-time and some other transfers may be held for 24 hours though as a security measure.
Your account balance and available balance will be updated immediately in NetBank once you make the transfer.
Transfers for accounts you have authority to access
First-time payments to or from an account linked to yours that you have authority to access, but belonging to someone else or an entity (e.g. Business accounts or accounts accessed by parents/legal guardians, Power of Attorneys, etc.), may take:
- 24 hours for transfers made before 7.30pm AEST
- 24-48 hours for transfers made at or after 7.30pm AEST
International Money Transfers (IMT)
It usually takes 1-3 business days to process an IMT, but may take longer depending on the recipient’s country and bank.
Transfers made on a weekend, a public/bank holiday or after the currency cut-off time will be processed the following business day.