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BSB 704-191
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Travel and Foreign Exchange

Sending money overseas

We offer transfers in over 140 currencies, competitive exchange rates and the right expertise to make sure you're doing things right.

Use Internet Banking to transfer foreign currency up to $2,000 AUD per day. For international transfers higher than $2,000 AUD equivalent a day, complete the International Funds Transfer form.

Follow these steps

  1. Log Into Internet Banking.

  2. Select the Pay menu item.

  3. Select International Transfer.

  4. Fill out all of the required recipient transfer information.

  5. Click Next and confirm all of the transfer information is correct.

  6. Click Submit and your transfer has been successfully initiated.

Please note that fees apply.

Receiving money from overseas

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Complete online form

Visit our foreign exchange partner, Convera's portal and complete the online form.

Once completed, send the details from the portal to your overseas payer and we will handle the rest.

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Currency conversion

When sending funds in a foreign currency, instruct the sending institution not to convert the currency.

Include this in the ‘Payment Notes’. Bank First will handle conversion to AUD via Convera.

 

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Account currency

Convera accounts are currency specific.

Sending the wrong currency may trigger automatic or double conversion, and the exchange rate may be subject to the discretion of the remitting or intermediary bank.1

 

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Exchange rates

To obtain an indicative incoming exchange rate, please call one of our consultants on 1300 654 822.

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  • Bank First does not have a SWIFT code as we utilise Convera to process international funds transfers.

    Once the payment instructions have been submitted using Convera, it is important for the sender to save a copy of the Payment Summary including the Payment Reference to enable the payment to be identified to the Member.

    1. Convera accounts are currency specific, sending the incorrect currency to an account may result in automatic conversion or double conversion and the exchange rate may be subject to the discretion of the remitting or intermediary bank. This may result in foreign exchange loss.