Commonwealth Bank

Commonwealth Bank

About Commonwealth Bank Overseas Transfers

Can you send money overseas with the Commonwealth Bank, yes you can. Commonwealth Bank offers IMT services for its banking customers via its online banking platform NetBank or through the CommBank App. As you would expect from Australia’s biggest bank, you’ll be able to send money easily and safely to over 200 countries in 30 currencies around the world. So, whether you just want to make a small one time payment to a single currency or make regular overseas payments to multiple currencies and accounts, Commonwealth Bank can help you transfer your money internationally.

Today’s exchange rates for CBA

Rates and fees verified as correct at 15 November, 2018. Other information correct at the time of writing.

Need to transfer your money today, here’s a look at the exchange rates CBA has listed for some of the most popular currencies. There are 30 currencies you can transfer via Netbank.

Currency At today's Commonwealth Bank Rate, 1 AUD buys* For 10,000 AUD recipient will get
United States Dollars (USD) USD
USD 0.6814 USD 6,806
Euros (EUR) EUR
EUR 0.6064 EUR 6,057
Great Britain Pounds (GBP) GBP
GBP 0.5273 GBP 5,267
Canadian Dollars (CAD) CAD
CAD 0.9018 CAD 9,007
Danish Krone (DKK) DKK
DKK 4.499 DKK 44,936
Hong Kong Dollars (HKD) HKD
HKD 5.3059 HKD 52,995
Indian Rupee (INR) INR
INR 50.05 INR 499,899
Japanese Yen (JPY) JPY
JPY 76.88 JPY 767,877
New Zealand Dollars (NZD) NZD
NZD 1.0162 NZD 10,150
Norwegian Krone (NOK) NOK
NOK 5.8147 NOK 58,077
Philippine Peso (PHP) PHP
PHP 36.424 PHP 363,803
Saudi Riyal (SAR) SAR
SAR 2.5416 SAR 25,386
Singapore Dollars (SGD) SGD
SGD 0.9379 SGD 9,368
Sri Lankan Rupee (LKR) LKR
LKR 121.28 LKR 1,211,345
South African Rand (ZAR) ZAR
ZAR 9.9198 ZAR 99,079
Swedish Krona (SEK) SEK
SEK 6.2075 SEK 62,001
Swiss Francs (CHF) CHF
CHF 0.6843 CHF 6,835
Thai Baht (THB) THB
THB 22.32 THB 222,932
UAE Dirham (AED) AED
AED 2.5196 AED 25,166

Commbank international money transfer must knows

International Money Services at Commonwealth Bank

For the bulk of people who need to send money internationally whether occasionally or every month, the international money transfer option on NetBank or via the CommBank App is a convenient and secure way to send money around the globe.

Commonwealth Bank also has a foreign currency account option. This is primarily for people who need to hold savings in another currency or regularly send money overseas. If this type of account is of interest to you, you’ll need to discuss with CommBank directly.

Why choose CBA for your international money transfer

If you’re looking for convenience and security of a bank, transferring funds internationally with CommBank ticks all the boxes. Some other reasons you might want to choose them for your IMT needs include: 

How to transfer money overseas with CommBank

Before transferring money abroad, you'll need to be a Commonwealth Bank customer which you can do by setting up an account online or at one of its branches first. 

When you’re ready to make an international money transfer you will need to get some important information from the person or business you are sending your funds to. This will ensure that your money is sent to the right account overseas. You will need the following information:

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*The exchange rates offered by each provider are indicative exchange rates that have either been supplied by each provider or gathered by Mozo. Exchange rates fluctuate constantly and as a consequence the exchange rates listed here may vary to the actual exchange rate you are quoted by a provider. Please ensure you confirm the actual exchange rate with the relevant provider prior to conducting any transaction. These exchange rates are updated every hour.