Did you know you can send money overseas from your Qudos Bank account to an overseas bank account via electronic transfer (telegraphic transfer). Qudos Bank has teamed up with Western Union Business Solutions to bring you this efficient and economical service. Benefits of a Telegraphic Transfer:
How do I send money via Telegraphic Transfer?
Transferring less than $5,000
Transferring more than $5,000
** Further information may be required for some countries** Once you have these details ready, you can apply for a Telegraphic Transfer by sending us a Secure Mail through Online Banking, or by completing the Telegraphic Transfer Form and returning the form by:
How long will the funds take to arrive? |
Application Form |
Documents |
Important Information |
Qudos Bank has entered into contractual arrangements with Western Union Business Solutions (Australia) Pty Limited (ACN 150 129 749; AFSL 404092) (“WUBS”) whereby WUBS assists in fulfilling certain foreign exchange and payment services offered by Qudos Bank to its customers (including telegraphic transfers). WUBS is part of an operating division of the Western Union Company. Qudos Bank has a revenue share arrangement with WUBS, equal to 50% of the foreign exchange margin revenue and fee revenue (where applicable) for the relevant foreign exchange service. Fees and charges and terms and conditions apply. It is important for you to consider the relevant terms and conditions and Qudos Bank’s Financial Services Guide and Fees & Charges brochure before you decide whether or not this financial product is right for you. This website has been prepared solely for informational purposes and does not in any way create any binding obligations or make any representations, warranties or conditions of any kind, express or implied. Any advice is general in nature and does not take account of your personal objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. 1. Funds are usually received by the beneficiary bank within 2 to 3 business days however delays may be experienced with allocation of funds to the beneficiary account by the beneficiary bank. There is no delivery period guarantee. Some currencies may take longer than others to process. 2. For the Transfer Fee please see our Fees & Charges brochure or call us on 1300 747 747 for more details. ^ 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. |
If you need to send money overseas, Qudos Bank can arrange a foreign currency International Bank Draft to be posted to a nominated address1.
How do they work? Benefits of Drafts:
What details do I need to supply?
How to apply for a draft?
|
Application Form |
Documents |
Important Information |
Qudos Bank has entered into contractual arrangements with Western Union Business Solutions (Australia) Pty Limited (ACN 150 129 749; AFSL 404092) (“WUBS”) whereby WUBS assists in fulfilling certain foreign exchange and payment services offered by Qudos Bank to its customers. Under these arrangements, WUBS also offers Drafts directly to customers. WUBS is part of an operating division of the Western Union Company. Qudos Bank has a revenue share arrangement with WUBS, equal to 50% of the foreign exchange margin revenue and fee revenue (where applicable) for the relevant foreign exchange service. Fees & Charges and Terms & Conditions apply. It is important for you to consider the relevant terms and conditions, the Product Disclosure Statement and Qudos Bank’s Financial Services Guide and Fees & Charges brochure before you decide whether or not this financial product is right for you. This website has been prepared solely for informational purposes and does not in any way create any binding obligations or make any representations, warranties or conditions of any kind, express or implied. Any advice is general in nature and does not take account of your personal objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. |