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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 20 July, 2019. 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 0.6671 USD 6,663
Euros (EUR) EUR
EUR 0.5944 EUR 5,937
Great Britain Pounds (GBP) GBP
GBP 0.5329 GBP 5,323
Canadian Dollars (CAD) CAD
CAD 0.8743 CAD 8,733
Danish Krone (DKK) DKK
DKK 4.4375 DKK 44,322
Hong Kong Dollars (HKD) HKD
HKD 5.2059 HKD 51,997
Indian Rupee (INR) INR
INR 46.1216 INR 460,663
Japanese Yen (JPY) JPY
JPY 71.89 JPY 718,037
New Zealand Dollars (NZD) NZD
NZD 0.9983 NZD 9,971
Norwegian Krone (NOK) NOK
NOK 5.7156 NOK 57,087
Philippine Peso (PHP) PHP
PHP 33.7177 PHP 336,772
Saudi Riyal (SAR) SAR
SAR 2.5015 SAR 24,985
Singapore Dollars (SGD) SGD
SGD 0.907 SGD 9,059
Sri Lankan Rupee (LKR) LKR
LKR 117.228 LKR 1,170,873
South African Rand (ZAR) ZAR
ZAR 9.2947 ZAR 92,835
Swedish Krona (SEK) SEK
SEK 6.2527 SEK 62,452
Swiss Francs (CHF) CHF
CHF 0.6557 CHF 6,549
Thai Baht (THB) THB
THB 20.55 THB 205,253
UAE Dirham (AED) AED
AED 2.4499 AED 24,470

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:


Compare International Money Transfer from major brands including:

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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.

 
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