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You can send money overseas from your Unity Bank account to an overseas bank account via our International Payments Service, otherwise known as a telegraphic transfer (TT) or electronic transfer “Wire”.
You can easily make a TT using Online Banking. Simply log on, go to “Payments” tab and select “International Transfers”. The country specific information and ‘help text’ will guide you through your transfer from start to finish.
Alternatively, you can contact us or visit one of our Service Centres.
Funds are usually received within 2-3 working days1 and you can send the funds in your beneficiary’s local currency.
Send money overseas now through Online Banking.
A Telegraphic Transfer (also known as a “Wire”) is an electronic transfer of funds directly credited to a beneficiary’s overseas bank account. A choice of more than 40 currencies is offered.
By sending your International Transfer in the currency of the country it is being sent to, you generally receive greater certainty on your payment – you can effectively "lock-in" the exchange rate, and know exactly how much is being transferred. If you were to send the funds in Australian Dollars, it may be difficult to find out the exchange rate that the overseas bank will apply, and hence it may be difficult to find out how much will be credited to the beneficiary’s account.
Simply log on to your online banking account, go to the Payments tab and select International Transfers. The country specific information and ‘help text’ will guide you through your transfer from start to finish.
To send money overseas using a TT, you will need:
To comply with Australian Government regulations, you must provide the beneficiary’s full street address.
G&C Mutual Bank has entered into contractual arrangements with Convera Australia Pty Ltd (ACN 150 129 749; AFSL 404092) (“Convera”), to assist it in fulfilling certain foreign exchange and payment services. The relationship relating to the services described is solely between you and G&C Mutual Bank. Fees and charges may apply, please refer to the terms and conditions issued by G&C Mutual Bank. Any advice provided by G&C Mutual Bank is general in nature and does not take into account your personal objectives, financial situation or needs. Convera 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.
2. 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.
3. 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.
