How to Transfer Money Overseas Through ANZ

How to Transfer Money Overseas Through ANZ

When it comes to sending money internationally, you have plenty of choices. One way to exchange your money and transfer it overseas is through the Australia and New Zealand Banking Group, or ANZ. Here’s our simple guide on exactly how to do a money transfer with ANZ.

By the end of this article you should have a much better idea of how to make an international money transfer with ANZ.

How to make an international money transfer with ANZ

There are a couple of ways to make an international transfer through ANZ Bank:

Online: through online banking service via ANZ's website

  1. Log into ANZ’s online banking portal here.
  2. Go to the “Payments” menu.
  3. Look for “International Services”Choose to "Transfer funds overseas"
  4. Select which account or card that will fund (pay for) the transfer
  5. Input all of the relevant details for the recipient and their bank.

You’re done!

By Phone: ANZ call centre
You can use your ANZ Account to arrange international money transfers over the phone.

  1. Call ANZ Bank on 1800 352 535 in Australia (Monday to Friday 8.00am to 7.30pm AEST).
  2. Give the customer service agent your details and security information.
  3. Give all the relevant details for the recipient and their bank.
  4. Fund your transfer with your bank account or ANZ credit card.

You’re done!

View currency exchange rates for ANZ Bank

Daily rates for transferring funds internationally through ANZ Bank are available through their currency converter.

The currency exchange rate you will get changes from moment to moment.

However, with ANZ you will get the up-to-date, dynamic rate when you are booking your transfer through online banking or over the phone.

  1. Call ANZ Bank on 1800 352 535 in Australia (Monday to Friday 8.00am to 7.30pm AEST).
  2. Give the customer service agent your details and security information.
  3. Give all the relevant details for the recipient and their bank.
  4. Fund your transfer with your bank account or ANZ credit card.

You’re done!

ANZ fees for transferring money overseas

For ANZ customers sending foreign currency overseas through internet banking, it will cost $9 for transactions under AUD$10,000.

For transfers over AUD$10,000, ANZ doesn't charge a fee. However, they charge additional fees for international money transfers that can depend on 4 things:

  1. How you transfer: Online, over the phone or in branch
  2. How much you transfer: Transfers over $10,000 Australian dollars are cheaper and often fee free
  3. Where you are transferring the money to: International payments to Fiji, Samoa, Vanuatu, Kiribati, Tonga, Solomon Islands, Cook Islands, Timor Leste, French Polynesia, Guam, New Caledonia and Papua New Guinea attract lower fees
  4. What currency you are sending: Transfers in Australian dollars (AUD) have higher fees

For more information, go to the fee section of this page.

What you need to send money through ANZ to a foreign bank account

Have an ANZ bank account

You need to be a customer of ANZ to use their services. You can apply for an ANZ bank account online or visit a local branch.

Register to send money overseas

To transfer money internationally with ANZ Bank, you need to register for the “Send Money Overseas” service and for their OnlineCode, a “two-factor authentication” system that provides additional security for online banking.

  1. To register for the Send Money Overseas service you can call ANZ Bank on 0800 368 524 (personal customers), or 0800 269 249 (business/agri customers) or +64 4 470 3142 (overseas customers).
  2. Here’s how to register for OnlineCode.

Understand how much money you’re sending and who you’re sending it to

Bank-to-bank - receiving money into your bank account
  1. Review your bank account and finances to understand how much you need to send.
  2. Work out what currency you’re going to be transferring money into.
  3. Get the full name, address, and account number of the person or business you’re sending money to. This cannot be a P.O. Box.
  4. Get the full bank name, address, and SWIFT Code BIC (Bank Identifier Code) or Branch Number (some countries accept this) of the recipient’s bank.
  5. Get the IBAN (for payments to Europe and selected other countries) or Routing Number (for payments to the US).
  6. Destination countries sometimes have extra information requirements for transferring funds. This information varies depending on the country you have chosen to transfer funds to.
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

You may need a National Clearing Code, Routing Number, BSB Number or Sort Code. This is the first six digits (bank and branch codes) of your account number for which you wish to receive the payment into. For example, if the account number is 01-0123-0123456-00 use 010123.

ANZ international SWIFT code

You shouldn't need ANZ's SWIFT code for making a transfer overseas. Generally this is only needed when you're transferring money back into Australia.

ANZ address for international transfers

When it comes to making an international money transfer through ANZ, you shouldn't need ANZ's address. You will most likely need the address of the receiving bank account. If you do need ANZ's address, find out the address of your local branch.

Notes on international bank drafts or cheques

International bank cheques or drafts can be deposited into an ANZ account. It can be a lengthy process. If it is in a foreign currency it will take longer to process, because it will need to be returned to the country of origin for clearing. Additionally, the fees associated with these types of payments are very high. As a result, we never suggest using international bank drafts or cheques. It's far better to use a different payment method.

Currencies supported by ANZ

Here’s the current list of currencies that ANZ supports.

Canadian Dollars

Euros

British Pounds Sterling

Hong Kong Dollars

Japanese Yen

New Zealand Dollars

United States Dollars

UAE Dirhams

Bangladeshi Taka

Bahrain Dinars

Swiss Francs

Chinese Yuan

Czechoslov Koruna

Danish Kroner

Fiji Dollars

Hungarian Forint

Indonesian Rupiah

Israeli Shekel

Indian Rupees

Jordanian Dinar

Kenyan Shilling

Kuwaiti Dinars

Sri Lanka Rupees

Mexican Peso

Norwegian Krone

Omani Rial

Papua New Guinean Kina

Philippine Pesos

Pakistani Rupee

Polish Zloty

Saudi Arabian Riyals

Solomon Island Dollars

Swedish Krona

Singapore Dollars

Thai Bahts

Tonga Paanga

Vanuatu Vatu

Western Samoa Tala

French Pacific Francs

South African Rand

View currency exchange rates for ANZ

Daily rates for transferring funds internationally through ANZ are available through their currency converter.

The currency exchange rate you will get does vary from moment to moment.

You will get the up-to-date, dynamic rate when you are booking your transfer through online banking or over the phone.

Further ANZ information from The Currency Shop

We have provided more information about ANZ travel money and ANZ exchange rates in our guides.

 

ANZ Australia Bank disclaimers

ANZ does not check payment details.

If payment details are incorrect it may result in an unsuccessful transfer or the wrong account receiving funds. It is pivotal that you provide the correct details to the person making the payment. This will save time for both parties and ensure you receive your payment without any issues.

Summary

And that’s it! That is everything you need to know about transferring your money overseas using ANZ. Here at The Currency Shop, we want to give you the right information to help you save money and make an informed choice for all your currency exchange needs.

The next time you or someone else needs to send money internationally, check how much you can save using our money transfer comparison tool. If you’ve still got questions we are here to help, so feel free to give us a call on 1800 004 930.

Things You Need to Know About Receiving Money from Overseas

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International Money Transfer Comparison and Reviews

Find the best international money transfer exchange rates to send money overseas from Australia. Compare the rates and fees from leading banks and money transfer services.

How to Transfer Money Overseas from your Australian Bank Account

Transferring money overseas from your Australian bank account is simple once you know how to do it, but you might be short on time to figure it out.

Need a hand? Call to speak to a human 1800 004 930 or send us an email.