Transfer your foreign currency

Transfer your foreign currency - Intech Credit Union

Transferring foreign currency from another country to Australia is simple and secure with American Express FX International Payments. With more than 100 years experience in foreign exchange, you can rely on American Express to deliver a service that you can trust - with competitive rates.


and secure

A company
you can trust

Transferring your foreign currency is easy

Obtain your transfer details on the ‘Incoming Transfer Form'. Save the generated PDF. It contains all the details required to complete your transfer.

Give this document to your overseas sender. Whether this is your own bank abroad, or overseas friends or family: remind them not to convert into AUD.

The funds will be credited to your account in AUD.

Get up to $100* in Gift Cards
When you use the Incoming Transfer Form to transfer a foreign currency into Australian Dollars between 16 May 2016 and 31 July 2016, you’ll also receive up to $100 in Gift Cards per transaction* on your first three transactions - that’s a total of up to $300!

Transaction value
Incentive amount
$1,000 - $1,999
$2,000 - $4,999
$5,000 and above

*These incentives are only rewarded when you transfer foreign currency into Australia. Local currency transfers are not included.

Frequently Asked Questions
Why do you recommend transferring funds in foreign currencies?
Ensuring funds are transferred in a foreign currency instead of AUD helps to avoid higher transfer costs and fees.

Are there any fees or charges involved?
American Express does not charge a fee for receiving foreign currency. However, international transfers are sometimes subject to correspondent fees and charges by the remitting (sending) or corresponding banks, which, in turn, slightly
reduces the transaction amount.

What exchange rate will be applied?
The exchange rate is determined on the day the funds are received and is subject to market fluctuations.

Why do we add payment notes stating "DO NOT CONVERT TO AUD"?
Without this payment note, your transaction may be subject to an additional currency conversion by your intermediary bank.

To get your transfer information click here.
Existing FX International Payments customers login here

Terms and Conditions
Important: *This incentive offer is calculated per transfer, not cumulative, and is limited to three transactions per person between 16 May and 31 July 2016 into Australia. Local currency transfer is not included. The transfer must be from a foreign currency into AUD in order to receive the incentive.

This offer is only open to American Express Financial Institution Members/Customers that complete an Incoming Telegraphic Transfer. The remitting party of the member/customer must complete the Incoming telegraphic transfer transactions of $1,000 or above from 16 May until 31 July 2016 to qualify to receive a Digital Gift Card. Complete transactions between $1,000 and $1,999 to receive a $20 Digital Gift Card, complete transactions between $2,000 and $4,999 to receive $50 Digital Gift Card and complete transactions over $5,000 to receive a $100 Digital Gift Card. Transactions are not cumulative. A maximum of 3 transactions per Financial Institution Member/Customer will be eligible for the Digital Gift Card.

Please allow 4 weeks from 31 July 2016 for Digital Gift Cards awarded to be forwarded to the email address listed in your account. The Digital Gift Cards are managed by our third party vendor, Edge Loyalty. Edge Loyalty will issue a voucher code which the Company must validate in accordance with the instructions provided, following which the Company may redeem a Digital Gift Card from the list of retailers we select for participation which include David Jones, Myer, Woolworths, Ticketmaster, iTunes, Coles and Rebel. Digital Gift Card issued by Edge Loyalty are subject to the terms and conditions of Edge Loyalty and the Digital Gift Card terms and conditions of the selected retailer as set out at the time of issue. The Digital Gift Card must be taken as stated and no compensation will be payable if the person is unable to use the Digital Gift Card as stated. Digital Gift Cards, including any unused portion, are not replaceable, exchangeable or redeemable for cash or other goods or services or used to pay or offset any transactions with American Express FXIP. Digital Gift Card validity varies depending on the selected retailer. Please check Digital Gift Card for expiry. The Digital Gift Card cannot be transferred to any other person. Please contact Edge Loyalty on 1300 737 968 or for further information.

Corporate Entities and Disclosures Web Site Rules and Regulations Trademarks Privacy Statement . Users of this site agree to be bound by the terms of the American Express Web Site Rules and Regulations. © 2016 American Express Company. All Rights Reserved. The information contained in this webpage has been prepared without taking into account your objectives, financial situation or needs.

Please note some international financial institutions may charge additional fees when handling Telegraphic Transfers. The fees vary between different countries and institutions and these are established by the institutions involved in the processing of a Telegraphic Transfer. This may result in the beneficiary receiving a different amount that is slightly less to that requested by the customer. Intech is not responsible for any additional fees incurred or any delays in the processing of Telegraphic Transfers by other institutions. For more information please see the terms and conditions as per the Product Disclosure Statement. The information contained in this document has been prepared without taking into account your objectives, financial situation or needs.

You should read the PDS and consider the appropriateness of International Payments in relation to your individual requirements. For further information, please refer to the relevant (Telegraphic Transfers and Forward Exchange Contracts) Product Disclosure Statement (PDS). International Payments are arranged through American Express International, Inc. (ABN 15 000 618 208 AFSL No. 237996). Incorporated with Limited Liability in Delaware, USA.

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