A Telegraphic Transfer (TT) allows you to electronically send funds directly into your beneficiary's account in a specified currency.

 

Telegraphic Transfers are the preferred method to make large value international payments as they are processed quickly, cost-effectively and securely in over 200 countries and territories.

Sending a TT

To send a TT1, you will need to complete and return the Telegraphic Transfer Order Form to info@australianmutual.bank or contact your closest branch who will facilitate the payment for you. You will be required to provide the following information in order to process a TT with us:

  • Your street address
  • Beneficiary's name and street address
  • Beneficiary's bank account details

Receiving a TT

If you are looking to transfer funds from overseas to an Australian Mutual Bank account via Telegraphic Transfer, simply visit the 'International Funds Transfer Portal' button below which will direct you to a Convera web page containing an online form. Fill in all relevant details via the online form and hit 'submit'.

After you've submitted the form, you will then be presented with the PDF deposit instructions which you can save for your reference and send to the funds sender.

Please ask the funds sender to present the PDF instructions to their bank when sending the payment to you. The amount will need to be transferred into the dedicated Convera account as stated in the PDF instructions in local currency and not in AUD. The bank teller will need to include the “Payment Notes” in the bank’s reference field as specified in the PDF deposit instructions.

If you are looking to transfer funds from a country not listed on the International Funds Transfer portal above, you will be required to use the details below for your Transfer.

Please Note: If the transfer is done in any currency other than Australian Dollars, the instruction of conversion to Australian Dollars should be noted in the transfer by the sender or remitter.

  • BENEFICIARY BANK: Cuscal Limited 1 Margaret Street Sydney NSW 2000 Australia
  • CUSCAL LIMITED SWIFT CODE: CUSCAU2SXXX
  • DOMESTIC BANK/BRANCH IDENTIFIER (BSB) and CUSCAL CLIENT NAME: 802 084 Australian Mutual Bank
  • BENEFICIARY ACCOUNT NUMBER: Transaction account number (maximum of nine digits)
  • BENEFICIARY NAME: The name of the beneficiary

Let's chat!

Enter your details below and we will call you back.

 

The Privacy Act requires us to tell you about how we collect and use your personal information. We explain this in our Privacy Policy which is available here.

Footnotes:

1.Australian Mutual Bank Ltd 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, including telegraphic transfers. These services are provided to you by Australian Mutual Bank Ltd. Any advice provided by Australian Mutual Bank Ltd 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. Terms, conditions, fees and charges apply. We may receive a commission from Convera pursuant to the contractual arrangement between Australian Mutual Bank Ltd and Convera.

Please refer to our Financial Services Guide and Fees & Charges and Transaction Limits brochure, available on our website at australianmutual.bank or by calling us on 13 61 91 to request a copy or by visiting a branch.

These services are offered and provided to you by Australian Mutual Bank Ltd ABN 93 087 650 726 AFSL 236476 Australian Credit Licence 236476