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Money Transfers

Sending money via Telegraphic Transfers

A Telegraphic Transfer (also known as a “Wire”) is an electronic transfer of funds directly credited to a beneficiary’s overseas bank account. A choice of more than 130 currencies is offered – click here for more details.

Telegraphic Transfers are normally used to directly credit accounts overseas, and are a quicker method of sending funds than drafts.

By sending a Telegraphic Transfer in the beneficiary’s currency you generally receive greater certainty on your payment – you can effectively “ lock in” the exchange rate, and know exactly how much is being transferred.

You can process a Telegraphic Transfer (also known as an International Payment) via Internet Banking.

Receiving money via Telegraphic Transfers

If you are looking to transfer funds from overseas to BHCCU via Telegraphic Transfer, you will need to provide the following information:

Beneficiary Bank:

Cuscal Limited, 1 Margaret Street, SYDNEY  NSW  2000 AUSTRALIA

Cuscal Limited Swift Code:

CUSCAU2SXXX

Domestic Bank/ Branch Identifier (BSB):

802 377

Credit Union Name:

The Broken Hill Community Credit Union Ltd

Beneficiary Account Number:

Transaction account number – 377 (max 9 digits) – (Member’s 377 account number)

Beneficiary Account Name:

Member’s name

Intermediary Bank Swift Code:

NATAAU3303M (NAB)

Call us on (08) 8088 2199 for more information.

 

Draft

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A Draft is like a bank cheque made out in a foreign currency. It’s another way for you to make payments and settle a transaction overseas, especially if you don’t have the receiver’s electronic bank account details. Drafts can be sent overseas via mail and are available in a wide range of currencies. A choice of more than 25 currencies is offered – click here for more details.

Call us on (08) 8088 2199 for more information.