• There’s no daily transfer limit between your CommBank accounts but a daily limit applies to other transfers
    • $20,000 (max) to unlinked accounts1
    • $2,000 (max) International Money Transfer
  • You can increase your daily transfer limit in NetBank or by going to the CommBank app > Settings > Payment limits. Increasing your daily limits may increase your liability for unauthorised transactions.
  • Public holidays or weekends may cause a slight delay in your transfer being processed.

Transfer between CommBank accounts

 

 

CommBank app

  1. Log on to the CommBank app
  2. Tap Transfer between your accounts
  3. Choose the account you would like to transfer from and to
  4. Enter the amount, a description (that’s optional) and tap Done
  5. Tap Transfer then confirm when – now, later or create a recurring transfer
  6. Tap Share to email, message or print the Transfer receipt or simply choose Done

NetBank

  1. Log on to NetBank
  2. Select Transfers & BPAY
  3. Choose the account you would like to transfer from and to
  4. Enter the amount, a description and confirm when – now, later or set up a regular payment and choose Next
  5. Click Pay to confirm the payment

 

 

View of home screen displaying prominent user features, including Transfer between your accounts
View of Transfer details screen within Transfer between your accounts, with slider to choose the accounts you want to transfer to and from
View of separate fields within Transfer details screen to enter payment amount and optional description
View of pop-up menu within Transfer Details screen to choose Transfer now, Transfer later or Create a recurring payment

Transfer money overseas

There are two ways to send money internationally.

1. To someone’s mobile number – it’s quick, easy and secure. Watch this video to see how.

2. 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

 

CommBank app

  1. Log on to the CommBank app
  2. Tap Pay someone
  3. Choose Overseas transfer to pay someone in your international address book or tap + to pay someone new
  4. Enter the destination country
  5. Add recipient’s detail
  6. Double-check the details you’ve entered are correct > Tap Next

NetBank

  1. Log on to NetBank
  2. Select Transfers & BPAY
  3. Choose International money transfer
  4. Enter the destination country
  5. Add recipient’s details

 

Transfer money to someone

CommBank app

  1. Log on to the CommBank app
  2. Tap Pay someone
  3. Select someone from the address book or for someone new choose + and follow prompts to add someone new
  4. Enter the amount, a description, choose the account you want to transfer from and tap Done
  5. Tap Pay then confirm when – now, later or set up a recurring payment

Alternatively consider using PayID or BeemIt.

NetBank

  1. Log on to NetBank
  2. Select Transfers & BPAY
  3. Choose the account you would like to transfer from
  4. Choose the other account to transfer to or + New payee
  5. For New payee choose Create new > Transfer > fill in Account name, BSB, Account number
  6. Enter the amount, a description (that’s optional) and confirm when – now, later or set up a regular payment and choose Next
  7. Click Pay to confirm the payment

 

 

 

View of home screen displaying prominent user features, including Pay someone
View of Pay someone screen with options to pay a bank account, mobile number, overseas transfer, pay someone new or pay an existing contact
View of fields within Payment details screen to enter payment amount, optional description and choose the account to transfer from
View of pop-up menu within Payment Details screen to choose Transfer now, Transfer later or Create a recurring payment

Things you should know

1 An unlinked account is any account which doesn’t appear in your NetBank profile, such as CommBank accounts not in your name (like your friends' or business acquaintances' accounts) or accounts held with other financial institutions. A linked account appears in NetBank with details like balance and transaction information.

The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. The CommBank app is available on Android operating systems 4.1+ and iOS operating system 8.0+. Terms and conditions are available on the app. NetBank access with NetCode SMS is required. Full terms and conditions available on the CommBank app.