You can send money quickly and securely to more than 99 countries with ANZ's international money transfer service.
ANZ offers a secure, quick and easy way to transfer money into an overseas account. The money is transferred electronically to the nominated bank account, usually within two business days.
You can transfer local currencies to more than 99 countries with ANZ, which is beneficial if you need to send money to more exotic countries that alternative providers may not support.
|Product Name||ANZ International Money Transfer|
|Min. Transfer Amount||AUD 0|
|Max. Transfer Amount||AUD 1,000,000|
|Transfer Methods||Online, Phone, Bank Account to Bank Account|
|Transfer Options||One off payments|
Minimum transfer time
|1 - 2 days|
|Customer Service||Phone, Email, Branch|
|Available Currencies||AUD, CAD, EUR, FJD, GBP, INR, JPY, NZD, SBD, TOP, USD, VUV, WST|
Before you sign up
You need to have an ANZ transaction account or credit card to send money overseas with ANZ. You can take a look at the ANZ Access Advantage account here. ANZ bank account here.
ANZ's exchange rates
ANZ offers real-time exchange rates when you send money overseas using ANZ Internet Banking, meaning the exchange rates are constantly updated. ANZ does charge a margin on top of the interbank exchange rate (known as the real exchange rate), with this margin varying between currencies.
The table below demonstrates an example of the exchange rates offered by ANZ for AUD$1, compared to the interbank exchange rate across a range of the most popular currencies. As you can see from the below exchange rates, ANZ has applied a margin of about 2% on top of the interbank exchange rate. This table serves as an example of the rates offered by ANZ only, and you should always source a quote for the current exchange rates offered by the bank and the full list of currencies available.
|Currency||ANZ Exchange Rate*||Interbank Exchange Rate*|
|United States Dollars (USD)||0.7483||0.77|
|British Pounds (GBP)||0.5258||0.55|
|Canadian Dollars (CAD)||0.9413||0.98|
|Hong Kong Dollars (HKD)||5.874||6.08|
|New Zealand Dollars (NZD)||1.0182||1.05|
|Indian Rupees (INR)||48.46||50.66|
*These figures were correct as of 12 April 2018 at 3:00pm.
How much does it cost to transfer money with ANZ?
ANZ offers a simple, transparent fee structure for its international money transfer service. Please see the table below for fees that apply when you send money internationally with ANZ.
|Through ANZ internet banking in AUD (any transaction amount)||$18|
|Through an ANZ branch or Foreign Exchange Centre||$32|
|Through Phone Banking||$32|
|Cancelling a transfer||$25+costs|
|Changing the details of an international money transfer||$25+costs|
|Sending AUD to Fiji, Samoa, Vanuatu, Kiribati, Tonga, Solomon Islands or Cook Islands||$9|
Minimum transfer amount and available countries
The amount you can transfer overseas depends on your daily Pay Anyone limit, that you set up when registering your relevant ANZ account. For example, if you've set up a daily Pay Anyone limit on your ANZ transaction account of $10,000, you cannot send more than this per day via an international money transfer with ANZ.
For business customers, the maximum amount you can transfer overseas is $150,000.
Currencies available with ANZ (online)
Currencies available from ANZ (exchange centres)
What types of transfers can you carry out with ANZ?
The following transfer options are available:
- Transfers via Internet banking - If you’ve registered for online banking, you can purchase currencies online through ‘international services’ in the ‘pay and transfer’ section of the ANZ banking portal. You can use your existing ANZ account or ANZ credit card.
- Transfers via Phone banking - You can facilitate international money transfers via ANZ Phone banking, if you'd like more support with your transfer.
- Through a branch or ANZ exchange centre - If you'd prefer to facilitate your transfer with ANZ in person, you can visit your local ANZ branch or ANZ exchange centre.
The following transfer options are not available:
- Recurring transfers. You cannot set up recurring international money transfers with ANZ. All transfers are processed as immediate transfers.
- Forward or future transfers. You cannot lock in a transfer for a future date.
What are my customer service options?
If you’re ever stuck when you’re transferring funds with ANZ, you can always pop into one of their branches or Foreign Exchange centers.
ANZ Royal Bank, 293 Collins Street, Melbourne
Collins Place, 55 Collins Street, Melbourne
Chinatown, 230 Swanston Street, Melbourne
Located at T2 International Departures and Arrivals
5.00am-12.30am, seven days a week
115 Pitt Street, Sydney
37 Pitt Street, Sydney
388 George Street, Sydney
Chinatown (Haymarket), 665 George Street, Sydney
Located at International Terminal, Departures and Arrivals
5.30am-10.00pm, seven days a week
Tenancy A, 146 Queen Street Mall, Brisbane
Cnr Queen and Creek Streets, Brisbane
121 King William Street, Adelaide
112 Rundle Mall, Adelaide
77 St Georges Terrace, Perth
What's the registration and transfer process?
To send money internationally, you’ll need to be an existing ANZ customer. Then, follow the following steps to make a transfer:
1. Gather everything you need.
- Make sure you have the details you need to provide to ANZ, including:
- The amount you'd like to send and in which currency
- Your recipients full name, residential address and account number
- Details for your recipients bank including the name, address and SWIFT BIC or Branch Number
- IBAN (for payments to Europe) or Routing Number (for the US)
2. Facilitate the transfer. Log in to your ANZ Internet Banking (or call ANZ via Phone Banking) and facilitate the international transfer, by providing all the transfer details and accepting the transaction. You'll have an opportunity to review the current quoted exchange rate for your transfer before proceeding.
3. Transfer complete. ANZ will take care of the rest. You can track the status of your transfer via ANZ Internet Banking.
What are the pros and cons of using ANZ to send money overseas?
- Simple fee structure
- ANZ has a dedicated international payments support centre (free call)
- ANZ also has physical branches and exchange centres that you can visit for personal service
- Large range of currencies (including exotic ones) available
- Transfers are backed by the ANZ Internet Banking Guarantee
- Exchange rates are not as competitive as some dedicated money transfer companies
- Cannot facilitate recurring international payments
Frequently asked questions about ANZ international money transfers
While ANZ doesn’t have the most competitive exchange rates, they do provide a lot of support for their customers who want to transfer money internationally. As a large bank, you can also have peace of mind in terms of security when transferring your funds.