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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:
You can arrange a Telegraphic Transfers less than $5,000 yourself through Online Banking, for a fee2.
Select 'International Transfer/Pay' then 'International Transfer' and follow the prompts
Select 'Pay' then 'International' in the menu
We can help you arrange Telegraphic Transfers over $5000 for a fee2. The details of the person you are sending to will be needed before completing the form:
** Further information may be required for some countries**
Download and complete our Telegraphic Transfer Form, you can return the form by:
The funds will usually arrive to the destination bank within 2-3 business days1. Please note some currencies may take longer than others to arrive.
If you need to send money overseas, Qudos Bank can arrange a foreign currency International Bank Draft to be posted to a nominated address1.
A draft is like a bank cheque made out in a foreign currency. It’s another way for you to make payments and settle a transaction overseas if you don't have the electronic bank account details. Drafts can be sent overseas via the mail and are available in a wide range of currencies.
For us to arrange the draft you will need to provide us the details of the person you're sending the money to (beneficiary).