Member Update: Please note - Bowral and Goulburn Centres are open. Moss Vale Centre open with revised hours (9.30 am  - 4.30 pm, closed 1pm - 2pm)  and Mittagong is open with revised hours as a cashless business banking centre (9.00am - 5.00 pm, closed 11.30am - 12.30 pm). All remote banking options are available and our team can be contacted on 02 4860 4000. 

International Payments Service

Need to send money overseas?

Did you know that you can send money from your bank account to an overseas bank account via our International Payments Service, otherwise known as a “Telegraphic Transfer” or “Wire”.

With our International Payments Service, you can send money to 200 countries and territories in over 130 currencies.

Benefits to you:

  • Funds are normally credited within 2-3 business days1
  • No surprise overseas bank fees**
  • Cost-effective; you can potentially save money by sending in your beneficiary’s local currency**

What you need to send money overseas:

You will need to provide the full name of your beneficiary and full details of the beneficiary’s bank account, including their IBAN^ (International Bank Account Number) if they are in Europe.

To comply with Australian Government regulations, you must provide the beneficiary’s full street address. Include beneficiary bank’s code (sort code, SWIFT address, or routing number) **

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Receiving money from overseas?

Provide the sender with BDCU Alliance Bank’s SWIFT code which is CUSCAU2SXXX, your BSB number and account number.

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Disclaimers:

BDCU Alliance Bank has entered into contractual arrangements with Western Union Business Solutions (Australia) Pty Ltd (ACN 150 129 749; AFSL 404092) trading as Western Union Business Solutions (“WUBS”), to assist it in fulfilling certain foreign exchange and payment services. WUBS is a business unit of The Western Union Company. The relationship relating to the services described (other than drafts) is solely between you and BDCU Alliance Bank. Fees and charges may apply, please refer to the terms and conditions issued by BDCU Alliance Bank. Any advice provided by BDCU Alliance Bank is general in nature and does not take into account your personal objectives, financial situation or needs. WUBS does not give you any advice, general, personal or otherwise. This communication has been prepared solely for informational purposes and does not in any way create binding obligations. No representations, warranties or conditions of any kind, express or implied, are made in this communication.

1. Funds are usually received by the beneficiary’s bank in 2 to 3 business days, however, there may be a delay in the beneficiary bank allocating funds to the beneficiary account. There is no delivery guarantee.  Some currencies may take longer than others to process.

**Please note that International Payments are sent via a network of correspondent banks, which sometimes levy a small handling charge on your payment. Any such fees, and payment delays, are out of our control.

^ IBAN is used in some countries to uniquely identify a customer’s bank account. An IBAN is necessary for payments being sent from Australia to an IBAN mandatory country.

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