Overseas Payments

Send money overseas with confidence

Transport Mutual offers a reliable and efficient international payments service, enabling you to send money to over 200 countries and territories in more than 140 currencies. Whether you're supporting family abroad, paying for overseas services, or managing international expenses, our service ensures your funds reach their destination securely and promptly.

• Transport Mutual does not have a SWIFT code as we utilise Convera to process international funds transfers.
• Funds are normally credited within 2-3 business days¹
• No surprise overseas bank fees^**
• Cost-effective; you can potentially save money by sending in your beneficiary’s local currency^**

To obtain indicative incoming exchange rates or if you require more information, please call one of our helpful consultants.

Sending money overseas using Internet Banking

We offer transfers in over 140 currencies, competitive exchange rates and the right expertise to make sure you’re doing things right.

You can transfer foreign currency up to $2,000 AUD per day via our Internet Banking platform.

For detailed instructions on how to send foreign currency via Internet Banking, follow these steps:

• Log Into Internet Banking.
• Select the Pay menu item.
• Select International Transfer.
• Fill out all of the required recipient transfer information.
• Click Next and confirm all of the transfer information is correct.
• Click Submit and your transfer has been successfully initiated.

What you'll need to send money overseas

To initiate an international transfer, please provide:

• Beneficiary's full name and street address (PO boxes are not accepted).
• Beneficiary's bank account details, including IBAN if applicable.^{^}
• Beneficiary bank's SWIFT/BIC code or routing number.
• Purpose of the payment.

Please note that additional information may be required depending on the destination country. 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) ^**