Can I send an International Money Transfer in Australian dollars?
Last updated 26 February 2014
We cannot guarantee any payment will be received in Australian Dollars. This is because your money passes through other banks on the way to the beneficiary and these banks may convert the money.
However, we understand that some payments do require a payment to be received in AUD. As a result we have included an option to provide an instruction to the receiving banks of your payment that the payment remain in AUD. Simply check the box that will appear on the transfer page after you select AUD and we’ll send an instruction with your payment. Please be aware that overseas bank deductions may be higher for AUD payments and funds sent in AUD that are converted may be done at less favourable exchange rates than the Commonwealth Bank can offer.
Should you find that your AUD payment is still converted to other currency, we suggest you ask your payment recipient to obtain details from their bank on what is needed for the money to be received in AUD (for example a specific intermediary bank for the money to be sent through which may require an in-branch payment or for business customers the use of our Commbiz service).