International Payments Service

Transfer funds directly to an overseas bank account

Need to send money overseas?

Did you know that you can send money from your bank account to an overseas bank account via our International Payments Service, otherwise known as a “Telegraphic Transfer” or “Wire”.

What you need to send money overseas:

You will need to provide the full name of your beneficiary and full details of the beneficiary’s bank account, including their ⁵IBAN (International Bank Account Number) if they are in Europe.

To comply with Australian Government regulations, you must provide the beneficiary’s full street address. Include beneficiary bank’s code (sort code, SWIFT address, or routing number)⁴.

Transactions to and from Russia and Belarus are suspended until further notice: Due to the recent developments in Ukraine, our partner Convera has suspended all transactions to and from Russia and Belarus until further notice. Please contact us if you have any queries about this change.

Choose from a range of major currencies - over 130 available

With our International Payments Service, you can send money to 200 countries and territories in over 130 currencies. You can even arrange it through Internet Banking.

Fast and efficient

Funds are normally credited within 2-3 business days.³

Great value for money

Cost-effective; you can potentially save money by sending in your beneficiary’s local currency.⁴

Arrange your International Payment

Internet banking

Visit Internet Banking

Contact us

You can contact us by calling us, visiting us, making an appointment, or using Secure Mail.

INFORMATION YOU SHOULD KNOW

Credit Union SA has entered into contractual arrangements with Convera Australia Pty Ltd ABN 24 150 129 749; AFSL 404092, to assist it in fulfilling certain foreign exchange and payment services, including telegraphic transfer. The relationship relating to the services described is solely between you and Credit Union SA. Fees and charges may apply, please refer to the terms and conditions issued by Credit Union SA. Any advice provided by Credit Union SA is general in nature and does not take into account your personal objectives, financial situation or needs. Convera does not give you any advice, general, personal or otherwise. This communication has been prepared solely for informational purposes and does not in any way create binding obligations. No representations, warranties or conditions of any kind, express or implied, are made in this communication.

Funds are usually received by the beneficiary’s bank within 2 to 3 business days, however, there may be a delay in the beneficiary bank allocating funds to the beneficiary account. There is no delivery guarantee as some currencies may take longer than others to process.

Please note that International Payments are sent via a network of correspondent banks, which sometimes levy a small handling charge on your payment. Any such fees, and payment delays, are out of our control.

IBAN is used in some countries to uniquely identify a customer’s bank account. An IBAN is necessary for payments being sent from Australia to an IBAN mandatory country.