faq - International Transfers

There are tons of ways to send and receive money internationally. Find out some of the most popular question’s we’re asked here.

What is our Swift code?

The Illawarra Credit Union Swift code to receive AUD: CUSCAU2SXXX

BSB and Institution: 802-249 Illawarra Credit Union

Preferred Intermediary Bank SWIFT Code: NATAAU3303M

(For any other currency must be converted via Intermediary Bank SWIFT Code)

Beneficiary Bank: Cuscal Limited 1 Margaret Street, SYDNEY NSW 2000 AUSTRALIA

All funds transfers should be preferably be sent in Australian dollars, and if sent in foreign currency must be converted to Australian dollars by the intermediary bank

What information do I need to make an international transfer from my account?

To make an international transfer, you’ll need the international bank account number or IBAN (this is the BSB and account number together with no spaces). The recipients name, the bank address and swift code. Plus in some cases, depending on receiving country, you’ll also need the ‘reason for funds transfer’.

How can I send money overseas quickly?

Telegraphic transfers are an easy way to send large amounts of money overseas quickly. Through our partnership with Western Union, you are able to send payments to most countries in the world in over 200 different currencies. A telegraphic transfer transmits funds electronically to an overseas bank account in a specified currency. Funds are deposited directly into the payee’s bank account where they can be easily accessed by the payee.

Here’s how:

  1. Log onto Internet Banking;
  2. Go to the Payments tab;
  3. Select International Transfers; and
  4. Follow the country specific information and prompts

Alternatively, you can:

  • contact us on 13 22 49;
  • visit a branch; or
  • send us a secure message via internet banking or our moneytree mobile banking app.

Just remember, a normal transfer takes between 48 and 72 hours. Payments can be made between local and overseas organisations or people. Fees will apply. View our Fees, Charges and Transaction Limits brochure for more information on our fees and charges.


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