|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.|
|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.
|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|
|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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