Friday 15 May: Issue Affecting NAB ATM Services - Due to a Qudos Bank system issue, Qudos Bank customers will be unable to withdraw money from NAB ATM's from Monday 18 May. We’re sorry for the inconvenience this may cause, and will update customers as soon as the issue is resolved. Learn more.

Emails and text messages impersonating Qantas Money - We are aware of customers receiving scam emails and text messages falsely representing Qantas Money, requesting them to “verify” a card on their account or redeem points. Never respond to unexpected emails or text messages. If you're ever unsure call us on 1300 747 747. Learn more.

Sending money around the world

Qudos Bank has entered into contractual arrangements with Convera trading as Convera to bring our customers an easy efficient way to send foreign currency from your Qudos Bank account to overseas accounts.

Benefits of sending funds with Qudos Bank:

  • Funds can be securely transferred from your Qudos account to an overseas account.
  • Funds are normally credited within 2-3 working days1
  • No beneficiary deduct fee2

Sending money overseas in foreign currency also has benefits as you can avoid any hidden fees.

Why send in foreign currency?

  • Sending in foreign currency means you have clarity about the exchange rate
  • You can send in over 130 local currencies
  • Know how much is going to be received before you send
  • A fee applies to all International Telegraphic Transfers, regardless of currency. Please read our fees and charges brochure for more information on Convera foreign exchange services

All you need to send money overseas is the recipients full name, street address, complete name and address of the beneficiary bank and their IBAN (international Bank Account Number) if you are sending to Europe, Account number for other countries and the beneficiaries bank code (sort code, SWIFT, address or routing number) and clear purpose of payment (some countries due to regulatory requirements may require additional information).

If you are moving overseas, doing business or simply want to send a gift visit qudosbank.com.au or call 1300 747 747 to find out how.

       

Published April 2019, updated March 2023, updated June 2023

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