How to receive money from overseas with ANZ: fees and details (2026)

Are you an ANZ customer and need to receive an international payment? The good news is that receiving international payments into an ANZ account doesn't have to be a complicated process. 

This guide provides a clear overview of exactly how to receive funds from overseas, covering all the necessary bank details you need to share, as well as potential fees and exchange rate considerations to help you stay in control.

Quick summary: Receiving money with ANZ

• Provide your details: Give your sender your BSB, account number, full name, and ANZ’s SWIFT/BIC code (ANZBAU3M).
• Processing time: Funds are typically credited to your account within 2–5 business days, depending on the currencies and banks involved.
• Inbound fees: ANZ may charge up to 15 AUD per inbound payment, which is usually deducted directly from the amount you receive.
• Intermediary costs: Be aware that intermediary banks involved in the SWIFT network may also deduct processing fees before the payment reaches ANZ.
• Exchange rates: If you receive funds in a foreign currency, they will be converted to AUD using ANZ’s published exchange rate, which may include a margin.

How to receive money from overseas with ANZ: Step-by-step

The process for receiving funds from abroad is straightforward. Follow these steps to ensure your payment arrives without any issues:

1. Select the right account: Confirm which account you want to receive the funds into. If you hold both everyday transaction accounts and foreign currency accounts, make sure you have the correct BSB and account number for the specific account intended for the transfer.
2. Gather your bank details: To receive an international payment, you will need to provide the sender with several key pieces of information, including your full name and residential address, your BSB, your account number, and ANZ’s SWIFT/BIC code.
3. Provide instructions to the sender: Share these details with the person or business sending the money.
4. Monitor the transfer: Once the sender has initiated the payment, keep an eye on your account balance over the next few business days. While funds are typically processed quickly, factors like the sender’s bank and the currencies involved can influence the arrival time.
5. Verify the funds: When the payment arrives, check that the expected amount has been credited. Remember that fees from intermediary banks or the sending provider might occasionally be deducted before the funds reach your account.

ANZ fees for receiving money from overseas

Receiving funds from abroad via ANZ involves costs that can vary depending on how the payment is processed. Fees charged by ANZ for processing inbound international payments are generally deducted from the payment amount before the funds are credited to your account. 

While specific costs can depend on the sender's instructions, here is what you should be aware of:

• Incoming international payment fee: ANZ may charge up to 15 per payment to process an inbound international transfer

To ensure you receive the full amount you are expecting, you may want to ask the sender to select the option to cover all transfer costs (sometimes referred to as an "OUR" payment instruction) when they initiate the transfer. If the sender does not select this option, any applicable fees will be deducted from your payment, resulting in a lower final amount being credited to your account.

Extra fees to be aware of:

1. Intermediary bank fees — payments may be routed through one or more intermediary banks before the payment reaches your ANZ account. This could happen if the remitting bank has an arrangement with another bank in Australia or overseas. In this scenario, the intermediary banks may also charge processing fees. This will be deducted from the amount you receive.
2. Sending provider or bank fees — International money transfers sent from an overseas bank or currency exchange provider may be subject to commissions, fees and other charges. These are typically deducted before sending the money to you.

*All details shown above are correct as of April 2026.

ANZ currency exchange rates

The currency rates the person who's sending you money gets for transferring money to you depend on the bank, money transfer provider or other service your sender is using. This means when you receive money into your ANZ bank account, it's not ANZ's rates that'll determine how much you receive on your end.

If you want to check the exchange rates your sender is using, ask the sender to give you all the details of the provider their using. Generally speaking, the exchange rates and fees charged by banks are often higher than the sender could get, compared to a dedicated money transfer provider. If they're using their own bank, you can always suggest they use a specialist money transfer company that will give you the best exchange rates instead.

How long it takes to receive currency with ANZ Bank

Funds will normally be deposited into your bank account within 2-5 business days. However, the time it takes to receive an international money transfer will depend on a few factors  are a few factors including:

• The country you’re receiving the money from
• The currency exchange provider the sender is using
• The type of currency that you’re exchanging from

Giving your ANZ bank details to receive money from overseas

Firstly, you need to be a customer of ANZ bank to receive money into your ANZ bank account through their services. If you would like to become an ANZ customer, you can apply for an ANZ bank account online or visit a local branch.

Next, you'll need to provide the person or business who is sending you money with some details to receive money into your ANZ AUD account. They will need the following information:

• Your account name
• Your account number and BSB
• ANZ’s SWIFT code or BIC code. This is ANZBAU3M. If the other party requires an 11 digit SWIFT, use ANZBAU3MXXX

Additional information you might need

Depending on how they're sending you the money, you may also need to give them:

• Your ANZ branch name and address
• Your residential address that is listed on the account
• ANZ’s full beneficiary bank name - this is ANZ Bank New Zealand Limited

Below is a summary of information you may need to give to your sender so they can complete their money transfer from the country they live in:

ANZ IBAN number

IBAN is an account format used by European banks. Australian banks do not use this format and an IBAN is not required to send money to an ANZ bank account in Australia. Other parties with an IBAN field on their overseas payment form can simply leave this field blank.

ANZ routing number

If the other party requests a National Clearing Code, Routing Number, BSB Number or Sort Code, you should use the first six digits (bank and branch codes) of your account number you wish to receive the payment into. For example, if the account number is 01-0123-0123456-00 use 010123.

ANZ international SWIFT code

When making a transfer to ANZ from overseas you will most likely need ANZ's SWIFT Code. A SWIFT code is can also be known as a ANZ's BIC Code (Bank Identifying Code) or Bank Code. ANZ's SWIFT code is ANZBNZ22 or ANZBAU3M. Note that if the other party requires an 11 digit SWIFT the person sending, you the money should use ANZBNZ22XXX.

ANZ address for international transfers

When it comes to filling in the address of your bank, you will simply need to use the address of your local branch. Or the branch that you most frequently visit. If you do all of your banking online, you can search for the closest branch on Google. When asked what the beneficiary bank is, fill in the details you see below:

Australia and New Zealand Banking Group Limited (SWIFT BIC ANZBAU3M)

ANZ account number details

The way you provide your account number will depend on the type of account you are receiving the funds to. This means the ANZ account number format and length depend on whether it is a domestic account (a normal, everyday Australian Dollar account) or a foreign currency account you are holding with ANZ. According to ANZ, you should fill in the details the way they are shown below:

• If you are receiving the funds to a to a domestic account, use the example format here:
  • BSB 01XXXX
  • Account: 123456789
• If you are receiving the funds to a foreign currency account, use the example format here:
  • BSB 01XXXX
  • Account: 123456CCY00001

What if you don't want to convert the money into Australian dollars?

You may want to keep the money in a foreign currency instead of converting into Australian Dollars straight away. In this case, you can either use a foreign currency account with ANZ or a Wise Multi-Currency Account. Both have their pros, cons, costs and benefits so we recommend you read up on your options before making a decision.

Related links: Wise Borderless Account Review (formerly known as TransferWise), Foreign Currency Accounts: Explained and Compared

Benefits of receiving money internationally with ANZ Bank

• Very convenient if you already have an ANZ bank account
• It’s a relatively simple and straightforward process
• You can receive money from most countries around the world

Before your sender uses a bank to send your money overseas

If you want to get the most value out of your currency exchange, consider asking the sender to use a dedicated currency exchange or money transfer service. Sending your money using their bank can be expensive. They'll pay higher fees and get a worse exchange rate than using a dedicated money transfer specialist. It can also mean additional receiving fees for you and even less money by the end of the transaction.

Specialist currency providers are fast and easy to use, offer excellent exchange rates and have low or non-existent fees. This means your money goes further.

For example, here’s what it would cost to convert £10,000 into AUD, via ANZ. We've used a couple of our top rated money transfer specialists to compare.

*All details shown above are correct as of 21st April 2026 

Comparing ways to receive money from overseas in Australia

Choosing the right method to receive international payments can make a difference in the total amount that reaches your account. When comparing options, consider both the upfront receiving fees and the exchange rate markups applied to the currency conversion if the funds are not sent in AUD.

To see how much your sender could save, get them to take a look at our free online money transfer comparison tool.

Conclusion

Receiving an international payment through ANZ is a straightforward process when you have the right details at hand. By ensuring your sender has your correct account information and understands the potential for receiving and intermediary fees, you can avoid unnecessary delays or unexpected costs.

For those who frequently receive funds or want to ensure more money stays in their pocket, it is worth comparing options. Specialist providers often offer more transparent exchange rates and lower fees than banking channels. The next time you are expecting money from abroad, compare the costs of different services to make sure you are getting the most value out of every transaction.

FAQs

How much does ANZ charge to receive money from overseas?

ANZ may charge a fee of up to 15 AUD per inbound international payment. Additionally, independent intermediary banks involved in the global SWIFT network may also deduct their own processing fees, which are outside of ANZ's control.

Can I receive money from overseas with ANZ Plus?

Yes, you can receive international payments directly into your ANZ Plus account. If you receive an international payment equivalent to 300 AUD or more, an inward payment fee of up to 15 AUD may apply. Unless the sender specifically elects to cover this fee during the transfer process, the amount will be deducted from the total funds transferred to you.

What details do I need to give someone to send me money from overseas?

To ensure your international payment arrives successfully, provide the sender with the full name listed on your account, your specific Australian BSB and account number, and ANZ’s SWIFT/BIC code, which is ANZBAU3M. 

Useful resources

• Wise: Australia: The official homepage for Wise in Australia with information on all account, card, and payment services.
• AUSTRAC: Moving money into or out of Australia: Official government guidance on declaration requirements for the movement of physical currency.
• Wise: Guide to AUD transfers: Official details on payment methods and AUD limits.
• ANZ: Receiving international payments: Official ANZ guidance on how to receive funds from overseas and the specific bank details required for your account.
• ANZ: Sending international payments: Official ANZ guidance on how to send funds internationally.