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Commonwealth Bank international money 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 26 January, 2021. Other information correct at the time of writing. Advertiser disclosure.

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.

Commonwealth Bank Rate 0.7278

Currency At today's Commonwealth Bank Rate, 1 AUD buys* For 10,000 AUDrecipient will get
United States Dollars (USD)
USD0.7278 USD 7,269
Euros (EUR)
EUR0.5998 EUR 5,991
Great Britain Pounds (GBP)
GBP0.5333 GBP 5,327
Canadian Dollars (CAD)
CAD0.9278 CAD 9,267
Danish Krone (DKK)
DKK4.4616 DKK 44,562
Hong Kong Dollars (HKD)
HKD5.6408 HKD 56,340
Indian Rupee (INR)
INR53.3642 INR 533,002
Japanese Yen (JPY)
JPY75.54 JPY 754,494
New Zealand Dollars (NZD)
NZD1.0246 NZD 10,234
Norwegian Krone (NOK)
NOK6.235 NOK 62,275
Saudi Riyal (SAR)
SAR2.7295 SAR 27,262
Singapore Dollars (SGD)
SGD0.9666 SGD 9,654
Sri Lankan Rupee (LKR)
LKR132.8999 LKR 1,327,404
South African Rand (ZAR)
ZAR11.1254 ZAR 111,120
Swedish Krona (SEK)
SEK6.0348 SEK 60,276
Swiss Francs (CHF)
CHF0.6468 CHF 6,460
Thai Baht (THB)
THB21.82 THB 217,938
UAE Dirham (AED)
AED2.6727 AED 26,695
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Commbank international money transfer must knows

  • Transfer maximum: The maximum amount you can transfer via NetBank is subject to your daily withdrawal limits.
  • Speed of transfer: Depending on the currency you are sending it can take up to 5 days. For more popular currencies it generally takes 1-3 business days for the funds to hit your recipient's account.
  • Transfer Fees: If you complete your transfer in-branch the cost is $30 or $22 if you use the CommBank App or NetBank.
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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.

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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: 

  • Global reach. You can transfer money to over 200 countries in 30 currencies from NetBank
  • Fees are not based on currency or transfer amount, you get charged a flat fee no matter how much you are transferring
  • Send money anywhere, anytime via NetBank, phone using the CommBank App or at one of the 1000 CBA branches around Australia
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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:

  • Bank code, full name and address of the bank that you're transferring to
  • Recipient's name, address and account name
  • Account number or International Bank Account Number (IBAN)
  • Amount and currency you are sending

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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.