There are now over 35 currencies to choose from when receiving payments from overseas powered by Convera. By receiving money into your Qudos Bank account you can be guaranteed to receive the full amount sent, with no beneficiary deduct fee*.

What do I need to do to receive money to my account from overseas?

Step 1

Complete and submit the Obtain Bank Details form

Step 2

Save the pdf deposit instructions and send a copy to your payee or follow the payment instructions

Step 3

Ask the sender to:

  • Present these instructions to their bank when sending the payment to you.
  • Deposit the amount into the dedicated account as stated in the instructions. Deposit in local currency not in AUD


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 days1.

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.

If you have received foreign money in the form of a cheque or overseas bank draft, we can accept foreign currency cheques for conversion to Australian Dollars.

Visit a branch or mail us your cheque along with your Application Form.

Next steps

Helpful Tips and Guides


*Unless otherwise stated, the financial products and services referred to on this website are provided by Qudos Bank.  Qudos Bank has entered into contractual arrangements with Convera Australia Pty Ltd (ACN 150 129 749; AFSL 404092) trading as Convera (“Convera”), whereby Convera assists Qudos Bank to fulfil certain foreign exchange and payment services, including telegraphic transfers and foreign cheque conversions. The relationship relating to the services described is solely between you and Qudos Bank. 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. 

Fees & Charges and Terms & 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 a 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. No representations, warranties or conditions of any kind, express or implied are made on this website. Convera does not give you any advice, general, personal or otherwise. Any information provided on this website is general in nature and does not take account your personal objectives, financial situation or needs.

Please note: Payments in some instances, may be sent via a network of correspondent banks, which levy a small handling charge on your payment. Any such fees, and payment delays, are out of our control.

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.