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Receiving money from overseas

There are now over 35 currencies to choose from when receiving payments from overseas powered by Convera. By receiving money into your Qudos Bank account you can be guaranteed to receive the full amount sent, with no beneficiary deduct fee*.

What do I need to do to receive money to my account from overseas?

Step 1

Complete and submit the Obtain Bank Details form

Step 2

Save the pdf deposit instructions and send a copy to your payee or follow the payment instructions

Step 3

Ask the sender to:

  • Present these instructions to their bank when sending the payment to you.
  • Deposit the amount into the dedicated account as stated in the instructions. Deposit in local currency not in AUD

Frequently asked questions

What is Qudos Banks' SWIFT code?

Qudos Bank does not have a SWIFT code as we receive International transfers through Convera. To receive International transfers complete the ‘Obtain Bank Details’ form above and supply a copy to your payee.

How long will the funds take to arrive?

The funds will usually arrive to the destination bank within 2-3 business days 1.

Why do I need to complete a form for payment instructions?

To receive International transfers complete the ‘Obtain Bank Details’ form above and supply a copy to your payee.When you complete the 'Obtain Bank Details form':

  • the most up to date bank account details are provided to you
  • you can obtain an indicative exchange rate/value
  • information required for compliance purposes is collected
  • A unique reference number is generated, allowing Convera to quickly identify what bank and customer the money belongs to
Are there fees for receiving an international transfer?

Qudos Bank does not charge any fees to receive and convert transfers from overseas into Australian Dollars. However, the sending bank and any intermediary banks involved in the transaction may charge their own fees.

If you have received foreign money in the form of a cheque or overseas bank draft, we can accept foreign currency cheques for conversion to Australian Dollars.

Visit a branch or mail us your cheque along with your Application Form.

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Download the application form and send it to us along with your cheque to Qudos Bank, Locked Bag 5020, Mascot NSW 1460

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Visit your nearest Qudos Bank branch

Next steps

Telegraphic Transfer
Receive fast and reliable payments from overseas
Obtain Bank Details
Foreign Cheque Conversion
Convert foreign currency cheques into Australian Dollars
Apply now

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