Heritage Finance Holdings Corporation is currently reviewing its position in relation to the RBA’s decision on 6 September to increase the Official Cash Rate. We'll make an announcement here as soon as we finalise our decision.
How to transfer money internationally
Sending money overseas may seem a bit tricky if you've never done it before, but we've got some tips to get you started with your international transfer.
Transferring money internationally may seem a bit daunting if you haven't done it before. There are plenty of quick and easy options to choose from, depending on the purpose of your transfer. Some options include:
- Telegraphic Transfer
- Draft - Bank Cheque in foreign currency
- Western union
- PayPal
Along with this, just like purchasing foreign currency, you’ll be offered different exchange rates depending on the service you choose and what day you make the transfer. You might like to shop around and compare exchange rates to make sure you’re getting the best deal.
Telegraphic Transfer
You can use a Telegraphic Transfer to:
- Send funds to a family member or friend living overseas
- Buy overseas property from America
- Send wages or salaries to employees overseas
- Beneficiary Bank Full Name
- Beneficiary Bank Full Address
- Account Number
- Beneficiary's Full Name
- Beneficiary's Residential Address
- Purpose (Reference)
Draft
- You don't know the recipient's bank account details
- You are sending a small amount of money and there isn't any urgency
- You want to send a payment by mail with a letter, card or invoice