Wanting to send money overseas to friends and family for a special occasion or to cover day-to-day expenses? Need to pay an overseas bill or invoice? You can send an International Money Transfer (IMT) to more than 200 countries, in over 30 currencies from the CommBank app, NetBank or at your nearest branch.
When converting funds to USD, GBP, EUR or NZD, CommBank will cover any correspondent bank fees that may apply, making sure additional fees aren't deducted from your payment along its journey. Fees charged by the beneficiary bank may still apply to the payment beneficiary.
If you're planning to make payments to an overseas supplier or business, or would like to pay a business related invoice or bill, view our International Money Transfer page for businesses.
Tip: Convert your payment into foreign currency and send from NetBank or the CommBank app to lock in the exchange rate and pay a lower transfer fee.
Your recipient collects a payment made using their mobile number from CommBank Payment Collections.
They simply need to enter the collection code, their mobile number, banking and personal details then tap ‘Collect payment’. They can also store their details so they don’t need to collect future payments (we’ll also verify some details via SMS).
You can also send money overseas at your nearest branch. It’s cheaper and quicker to make a transfer online or using the CommBank app though.
Sending money overseas is now cheaper than ever with our CommBank transfer fees starting from AUD$6. For transfers from your AUD account in South Pacific currencies FJD, PGK, SBD, VUV and XPF, we’ve waived this fee for you.
We use correspondent banks to process IMTs. You can now pay an upfront fee (on top of our transfer fee) of AUD$15 to cover any fees charged by these correspondent banks. If you choose not to pay this upfront fee, any correspondent bank fees may be deducted from your original transfer amount.
This upfront fee option is available for IMTs sent from an AUD account (using NetBank or the CommBank app) in any currency except AUD, EUR, GBP, NZD, USD and KWD. For EUR, GBP, NZD and USD, we’ll pay the correspondent banking fees for you. There are no correspondent bank fees payable for transfers in KWD.
The AUD$15 upfront fee doesn’t cover any other charges incurred from the beneficiary’s bank, which may have their own processing fees. It’s also not available when using a Foreign Currency Account (in NetBank or the CommBank app).
The option to pay an additional fee to cover correspondent bank fees for same-currency IMTs is available when sent from a Foreign Currency Account in EUR, GBP, NZD, or USD. This option is not available in NetBank or the CommBank app.
Customers using CommBiz have the option to pay an additional fee to cover charges by overseas bank for selected countries and currencies.
Whoever is sending money to you needs your full name and home address. They’ll also need the following:
Our 100% security guarantee protects you from unauthorised transactions on personal and business accounts when you protect how you access your accounts and tell us if something is wrong. Tell me more.
1 All fees are stated in Australian dollars. For more information about fees and charges for international payments, read our Standard fees and charges for international payments and travel funds.
Read about our IMT terms and conditions for NetBank and the CommBank app and our terms and conditions for pay to international mobile
2 This is a request only and is dependent on the overseas bank obtaining the relevant debit authority to be able to return funds. Returned funds will be converted back to the currency of the funding account at the published Bank buys IMT rate on the day it is credited to the funding account.
3 Overseas bank charges (which may vary from country to country) could apply in addition to the charges listed above.
4 Fee charged depends on arrangements with overseas banks.
The target market for this product will be found within the product’s Target Market Determination, available here.
The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. Find out about the minimum operating system requirements on the CommBank app page. Terms and conditions are available on the app. NetBank access with NetCode SMS required.
Commonwealth Bank of Australia ABN 48 123 123 124.
