Help us improve our website by completing a quick survey. Start survey now

Foreign cheques and drafts

International Bank Drafts

  • An International Bank Draft is similar to a bank cheque but is drawn in a foreign currency for an overseas payment
  • We offer drafts in 12 currencies issued in more than 20 countries
  • A draft can be cleared as if it was a local cheque and doesn’t have to be sent to Australia to be cleared. This means the recipient will receive funds sooner
  • You can buy an International Bank Draft at any of our branches

Depositing foreign cheques

  • We will accept foreign currency cheques in a wide range of currencies
  • Foreign currency cheques cannot be cleared like a cheque that is issued in Australia. CommBank must send the foreign currency cheque overseas to the bank that issues the cheque to obtain clearance and receive the money
  • Some cheques will need to be sent overseas for processing before they can be deposited into your account, whilst others may be deposited into your account immediately.

Learn more

Related products

Send money easily and safely to over 200 countries in up to 37 currencies. Available in NetBank or in any branch.

Learn more

A tailored solution for those who regularly send money overseas or need to hold savings in another currency.

Learn more