Commonwealth Bank

Transfer Operator Information

Commonwealth Bank

Through the Commonwealth Bank, you can send an International Money Transfer (IMT) to over 200 countries.

You can send an IMT via a branch or via Netbank (online banking).

Cost of sending money

Issued via a branch: AU$30.00 per transfer (for customers and non-customers)

Issued via NetBank: AU$22.00 per transfer

Issued in foreign currency where payment is made from a Foreign Currency Account via a branch AU$30.00 per transfer

What information do I need to send money overseas?

-The Bank Identification Code (BIC) or bank code (this varies by country, in the US it may be the ACH code, India an IFSC, the UK a sort code)

-The name and address of the overseas bank you are transferring to

-The recipient's name, address and account number

-The amount and currency you wish to send

If you are sending money to certain countries, you may also need an International Bank Account Number (IBAN) and a Bank Identification Code (BIC). Your recipient will need to provide you with their IBAN.

You can also include the recipient’s email address in the transfer to notify them that the payment has been sent.

When are NetBank International Money Transfers (IMT) processed, and how long will my transfer take to reach the recipient?

You can complete an IMT online via NetBank at any time. International Money Transfers performed on a weekend or public/bank holiday, or after currency cut-off times on a Bank business day, will be processed the following Bank business day.

Under normal circumstances your money should arrive at the overseas bank of the recipient within 2 business days. However, Commonwealth Bank cannot guarantee this timeframe as there may be delays due to the banking practices of the overseas bank or country.

Contact information

Website

www.commbank.com.au

Phone Number General Enquiries

13 2221

24 hours a day, 7 days a week

Head office

Ground Floor, Tower 1

201 Sussex Street

SYDNEY, NSW, AUSTRALIA, 2000

(02) 9378 2000

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