Foreign Currency Cheque Conversions

Convert foreign currency cheques with ease

Received a cheque in a foreign currency? Transport Mutual offers a straightforward process to convert and deposit foreign currency cheques into your Australian account.

How to deposit a foreign currency cheque

Visit a branch: Bring the foreign currency cheque to your nearest Transport Mutual branch.

Provide identification: Ensure you have valid identification for verification purposes.

Complete the deposit form: Fill out the necessary forms provided by the branch staff.

Submit the cheque: Hand over the completed form and cheque to the staff for processing.

Processing times

Foreign currency cheques typically take 4 to 6 weeks to clear, depending on the issuing bank and country. Please note that processing times may vary.

Fees and charges

Fees may apply for foreign currency cheque conversions. For a detailed breakdown, please refer to our Fees and Charges Schedule.

Security tips

• Verify the cheque: Ensure the cheque is genuine and from a reputable source.
• Keep records: Maintain a copy of the cheque and deposit receipt for your records.
• Be cautious of scams: Be wary of unsolicited cheques or offers that seem too good to be true.