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Personal / International / Money Transfer

It now costs less to send an IMT

  • When you send money overseas using NetBank or the CommBank app, we’ll waive the transfer fee. (excludes AUD to AUD).

    We’ll also absorb correspondent bank fees for these payments (excludes Japanese Yen).

More than 200 countries, over 30 currencies

  • 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.

    Download the CommBank app:

Making business related payments?

  • 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.

    Take me there

Ways to send money overseas

  1. Send to someone’s mobile number – it’s quick, easy and secure
  2. Send to someone’s international bank account - you’ll need their full name, account name and home address, account number or International Bank Account Number (IBAN) and the SWIFT or Bank Identification Code (BIC) of their bank

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.

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Your checklist

  • Before you send money

    1. Ask whoever you’re sending money to for their mobile number or bank details
    2. Choose which CommBank account to transfer the money from
    3. Check your transfer limit. You can increase it in NetBank or the CommBank app and make sure you’re registered for Netcode SMS
    4. Check the exchange rate to calculate your transfer amount
    5. Always double-check you’ve entered the correct information before you confirm the transfer

  • Once your money is sent

    • It generally takes 3 business days for the payment to reach the recipient but may take longer depending on the recipient’s country and bank
    • Transfers made on a weekend, a public/bank holiday or after the currency cut-off time will be processed the following business day
    • You can trace, amend or cancel an IMT

How to send an IMT

  • Send money overseas from the CommBank app using just a mobile number 

    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).

  • Send to an account number using NetBank or the CommBank app

    1. Log on to NetBank > choose Transfers and BPAY > International Money Transfer.
      Or log on to the CommBank app > Pay Someone > Overseas transfer (to pay someone in your international address book) or “+” (to pay a new recipient)
    2. Choose the destination country
    3. Add the recipient’s details
    4. Double-check the details you’ve entered are correct

  • In branch

    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.

International Money Transfer (IMT)

Sending an IMT using NetBank or the CommBank app

When you send money overseas using NetBank or the CommBank app, we’ll waive the transfer fee. (excludes AUD to AUD).

We’ll pay any correspondent bank fees when you send an IMT in any currency, as long as the originating account currency is different to the payment currency (cross-currency IMT) – e.g. using an AUD account to send a payment in USD. We won’t cover any fees that may be charged by the beneficiary’s bank.

Sending an IMT using CommBiz 

We'll pay any correspondent bank fees when you send a cross-currency IMT (Japanese Yen excluded).

If you use a Foreign Currency Account to send a same-currency IMT, for select currencies, you have the option to pay a separate upfront fee to cover the correspondent bank fees. We won’t cover any fees that may be charged by the beneficiary’s bank.

Sending an IMT in-branch 

We’ll pay any correspondent bank fees when you send a cross-currency IMT – e.g. using an AUD account to send a payment in USD. 

If you use a Foreign Currency Account to send a same-currency IMT, for select currencies, you have the option to pay a separate upfront fee to cover the correspondent bank fees. We won’t cover any fees that may be charged by the beneficiary’s bank.

Find out more about Fees and charges for IMTs.

Fees and charges

Description
Fee
Issued via a branch
$30.00 per transfer
Issued via NetBank or the CommBank app. Funds debited from an AUD account and converted to foreign currency. 
Fee waived
Issued via NetBank or the CommBank app. Funds debited and credited in AUD currency (no FX conversion).
$22.00 per transfer
Issued via NetBank or the CommBank app. Funds debited from a Foreign Currency Account.
Fee waived
Cancellation and request for funds to be returned2,3
$25.00 per request plus overseas bank’s costs
Amendment to payment instruction, i.e. beneficiary, bank, address when requested by customer, or where the overseas bank is unable to process payment on original instruction.
$25.00 per request plus overseas bank’s costs
Investigation of sent International Money Transfer (trace)2,3
$25.00 per investigation includes any subsequent follow up request

Receiving money from overseas

Whoever is sending money to you needs your full name and home address. They’ll also need the following:

  • Bank name: Commonwealth Bank of Australia
  • CommBank BIC/SWIFT code: CTBAAU2S
  • Your 14 digit account number: Log on to NetBank or the CommBank app. This info sits beside the account you want money transferred into. Eg 06XXXX XXXXXXXX

Fees and charges

Description
Fee
For credit of a Commonwealth Bank Australian dollar (AUD) account (regardless of currency)4
Up to $11.00 per transfer
For credit of a CommBank Foreign Currency Account4

Up to $11.00 per transfer
For credit of an AUD account at another bank4

Up to $25.00 per transfer
For credit of a Foreign Currency Account at another bank4

Up to $35.00 per transfer

Support

Message us in the CommBank app

Get instant answers from Ceba our virtual assistant, or connect with a specialist who can message you back. You’ll need notifications for the CommBank app turned on so you know when you’ve received a reply. 

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Get help

Protection for unauthorised transactions

  • We’ll protect you from losses due to unauthorised transactions on personal and business accounts when you take the necessary steps to stay safe online. 

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Things you should know

  • 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 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.