Frequently asked questions
Qudos Bank does not have a SWIFT code as we receive International transfers through Convera. To receive International transfers complete the ‘Obtain Bank Details’ form above and supply a copy to your payee.
The funds will usually arrive to the destination bank within 2-3 business days 1.
To receive International transfers complete the ‘Obtain Bank Details’ form above and supply a copy to your payee.When you complete the 'Obtain Bank Details form':
- the most up to date bank account details are provided to you
- you can obtain an indicative exchange rate/value
- information required for compliance purposes is collected
- A unique reference number is generated, allowing Convera to quickly identify what bank and customer the money belongs to
Qudos Bank does not charge any fees to receive and convert transfers from overseas into Australian Dollars. However, the sending bank and any intermediary banks involved in the transaction may charge their own fees.
Please note Qudos Bank has a revenue share arrangement with Convera, where Qudos Bank receives a percentage of the foreign exchange margin revenue and fee revenue (where applicable) for the relevant foreign exchange or payment service.