ANZ International Money Transfers Exchange Rates, Fees and Transfer Times

How much ANZ charges for international transfers

For ANZ customers who are sending foreign currency overseas via internet banking it will cost $9 for transactions under AUD$10,000. Meanwhile for transactions above AUD$10,000, its fee free. However, ANZ also charge additional fees for international money transfers which 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're 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're sending: Transfers in Australian dollars (AUD) have higher fees

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

How much ANZ charges you to receive international transfers into an Australian dollar (AUD) account

ANZ's international transfer fee (telegraphic transfers) from overseas vary depending on how the funds are received. The fee that ANZ charges will be taken from the total amount of money that you receive, even before it is credited to your account. However, ANZ only charges you if the overseas bank that makes the international transfer says they will not be charging any fees for the transfer.

• Transfers that are paid directly to an ANZ Australian dollar account — up to $15
• Money transfers to non-customers or moved to another bank in Australia — up to $25
• Unconverted currency payments transferred to another foreign currency account held at a bank in Australia — $35

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 the money is sent to you.