Australia

Bank account

TYPE	DESCRIPTION
Area availability	Available across the Australia
Service type	B2C / B2B
Currency	AUD
Payout channel	Bank Transfer
Transaction turnaround time	NPP Within 5 minutes, available 24x7 Direct Entry (BECS) T+1 Australia Banking Days, available 24x7
Transaction limit	Minimum limit per transaction: AUD 1.00 Maximum limit per transaction: AUD 100,000.00 Compliance daily limit per beneficiary: AUD 30,000.00 *The transaction will be held for review if the sender or receiver exceeds the compliance limit
Amount received	Beneficiary received net amount as specified by sender.
Maximum number of beneficiaries	No limit
Validation	No account validation
Service charge	The transaction fee will be refunded on a best-effort basis after the transaction is accepted by gloRemit and forwarded to the payout channel.
Cancellation	Cancellation is on a best-effort basis.
Remarks	Banking days in Australia are from Monday to Friday. Important notes a) The beneficiary’s name must exactly match the name registered with their Australian bank. b) Sender address and beneficiary address are mandatory for transfers to Australian bank accounts. c) A Bank State Branch (often known as BSB) is the name used in Australia for a bank code, which is a branch identifier. d) The BSB is commonly used in association with the account number system used by each financial institution. e) Refer here to view the Australian BSB codes. f) Only account numbers registered under the NPP (New Payments Platform) are supported. g) If the bank and beneficiary account support NPP services, the transaction will be processed via NPP. Otherwise, it will be routed through Direct Entry (BECS). h) Refer here to view the Australia suburb (bRegencyCode). i) Australia post code (bPostcode) = 4 digits . j) For Individual transactions, the following beneficiary information/documents are required: • A copy of the sender’s ID and sender’s payslip or • A copy of the sender’s ID and sender’s bank statement k) For Business transactions, the following beneficiary information/documents are required: • Company incorporation document and relevant invoice or • Company incorporation document,the official registration document showing the company’s registration details, including the country of registration. Necessary accurate details a)Sender address to Australia. • Street no. • Unit no. • City • State • Postal Code • Country b)Beneficiary address to Australia • Street no. • Unit no. • City • State • Postal Code • Country Other Remarks Note: Please refer to Table A* below for the list of Australia states (bProvinceCode).* Please refer to Table B* below for the list of purpose code for business type.* Please refer to Table C* below for the list of supported banks.*
Do_Transfer bAccType Value	1

Table A: List of Australia states (bProvinceCode)

Australia state code (bProvinceCode)	Australia state name (Description)
NSW	New South Wales
QLD	Queensland
SA	South Australia
TAS	Tasmania
VIC	Victoria
WA	West Australia
ACT	Australia Capital
NT	Northern Territory

Table B: List of purpose code for business type:

No	Purpose Code	Purpose Code Description	Sender Type	Beneficiary Type
1	10010	Goods for Processing / Manufacturing Services	Business	Business
2	11200	Passenger Fare	Business	Business
3	12500	Maintenance and Repair Services n.i.e.	Business	Business
4	13110	Goods and Services by Travellers	Business	Business
5	13210	Goods and Services	Business	Business
6	13220	Goods and Services by Short Term Workers	Business	Business
7	13400	Health-Related	Business	Business
8	13500	Education-Related	Business	Business
9	14100	Investment Income	Business	Business
10	14259	Interest	Business	Business
11	14310	Wages and Salaries in Cash	Business	Business
12	14320	Wages and Salaries in Kind / Benefits Attributable to Employees	Business	Business
13	15000	Visa Payment	Business	Business
14	16210	Construction and Installation Services in Malaysia	Business	Business
15	16410	Explicitly-Charged Financial Services	Business	Business
16	16610	Royalties for Usage of Intellectual Property	Business	Business
17	16740	Architectural, Engineering and Other Technical Services	Business	Business
18	16760	Advertising, Market Research and Public Opinion Polling Services	Business	Business
19	16771	Legal Services	Business	Business
20	16772	Accounting Services	Business	Business
21	16791	Trade-Related Services	Business	Business
22	16820	Health Services	Business	Business
23	16830	Education Services	Business	Business
24	16850	Other Personal Services	Business	Business
25	21210	Grants and Gifts	Business	Business
26	21220	Worker's Remittances / Family Maintenance	Business	Business
27	31110	Term Loans (Long-Term)	Business	Business
28	31120	Term Loans (Short-Term)	Business	Business
29	31410	Financial Lease	Business	Business
30	35000	Equity Capital	Business	Business
31	39120	Real Estate Abroad	Business	Business
32	39210	Deposits with / from Financial Institutions Abroad	Business	Business
33	39220	Deposits with / from Offshore Financial Institutions in Labuan	Business	Business
34	6000	Manufactured Goods	Business	Business
35	7000	Machinery, Non-Customised Packaged Software and Transport Equipment	Business	Business
36	8000	Miscellaneous Manufactured Articles	Business	Business

Table C: List of supported banks

No	Name	Issuer Code
1	AMP Bank Limited	610002
2	Arab Bank Australia Limited	610003
3	Australia and New Zealand Banking Group Limited	610004
4	Australian Military Bank	610005
5	Australian Settlements Limited	610006
6	Bank Australia	610007
7	Bank of China Australia Limited	610008
8	Bank of Melbourne	610010
9	Bank of Queensland Limited	610011
10	Bank SA	610013
11	Bendigo and Adelaide Bank Limited	610015
12	Beyond Bank Australia	610016
13	Commonwealth Bank	610017
14	Defence Bank	610018
15	Delphi Bank	610019
16	Heritage Bank	610021
17	HSBC Bank Australia Limited	610023
18	Hume Bank	610024
19	IMB Bank	610025
20	ING Bank	610026
21	Macquarie Bank Limited	610027
22	Members Equity Bank	610028
23	National Australia Bank Limited	610030
24	St. George Bank Limited	610036
25	Suncorp-Metway Limited	610037
26	Teachers Mutual Bank Limited	610038
27	Westpac Banking Corporation	610041
28	Auswide Bank	610043
29	Citibank Australia	610044
30	Australia Post	610045
31	Rabobank	610046
32	Bank of Us	610047
33	Bank of America National Association	610048
34	Bank of Communications	610050
35	Bank of Sydney Ltd	610051
36	Bankwest	610053
37	BNP Paribas	610055
38	BNP Paribas Securities Services	610056
39	Capricornian Limited	610057
40	Community First Credit Union Limited	610058
41	Great Southern Bank	610060
42	Cuscal Limited	610061
43	Deutsche Bank Aktiengesellschaft	610062
44	G And C Mutual Bank	610065
45	Gateway Bank Limited	610066
46	Holiday Coast Credit Union Ltd	610069
47	Indue Ltd	610071
48	Industrial and Commercial Bank of China Limited	610072
49	JP Morgan Chase Bank, National Association	610074
50	The Mutual Bank	610075
51	Mega International Commercial Bank Co Limited	610078
52	Mizuho Bank Limited	610079
53	Newcastle Permanent Building Society Ltd	610080
54	Reserve Bank of Australia	610083
55	Southern Cross Credit Union Ltd	610087
56	State Street Bank and Trust Company	610088
57	Sumitomo Mitsui Banking Corporation	610089
58	Summerland Credit Union Ltd	610090
59	Taiwan Business Bank	610092
60	Tyro Payments Limited	610093
61	UBS AG Australia Branch	610094
62	United Overseas Bank Limited	610095
63	Uniting Financial Services	610096
64	Warwick Credit Union Ltd	610097
65	BOQ Specialist	610099
66	Challenge Bank	610100
67	China Construction Bank	610101
68	Regional Australia Bank	610104
69	Unity Bank	610105
70	Town And Country Bank	610106
71	Bankers Trust Australia	610107
72	MUFG Bank	610108
73	Volt Bank	610109
74	Home Building Society	610112
75	Pioneer Permanent Building Society	610113
76	Queensland Country Credit Union	610114
77	RACQ Bank	610103
78	MOVE	610116
79	Police & Nurse	610117
80	American Express	610118
81	Australian Mutual Bank	610119
82	Australian Unity	610120
83	AWA Alliance Bank	610121
84	Bankfirst	610122
85	BankVic	610123
86	Bank of Heritage Isle	610124
87	Bank WAW	610125
88	BCU Bank	610126
89	Border Bank	610127
90	Broken Hill Community Credit Union Ltd	610128
91	Central Murray Credit Union Limited	610129
92	Coastline Credit Union Ltd	610130
93	Credit Union SA	610131
94	DNISTER	610132
95	Easystreet	610133
96	Family First Bank Limited	610134
97	Firefighters Mutual Bank Limited	610135
98	First Option Bank	610136
99	Geelong Bank	610137
100	Goulburn Murray Credit Union	610138
101	Greater Bank	610020
102	Health Professionals Bank	610140
103	Horizon Bank	610141
104	Illawarra Credit Union Limited	610142
105	Laboratories Credit Union Limited	610143
106	LLL Australia	610144
107	Macarthur Credit Union Ltd	610145
108	MyState Bank	610029
109	Northern Inland Credit Union	610148
110	Orange Credit Union	610149
111	People's Choice Credit Union	610150
112	Police Bank	610032
113	Police Credit Union Ltd	610151
114	QBank	610152
115	Qudos Bank	610033
116	Reliance Bank	610153
117	Rural Bank	610154
118	South West Slopes Credit Union Ltd	610155
119	Summerland Bank	610156
120	UBank	610039
121	UniBank	610157
122	Up Bank	610158
123	Virgin Money	610159
124	P&N Bank	610031
125	Big Sky Building Society Limited	610054
126	Heritage Isle Credit Union Ltd	610068
127	Sutherland Credit Union Ltd	610091
128	Advance Bank	610098
129	OCBC Bank	610102
130	Bananacoast	610110
131	Endeavour Mutual Bank	610111
132	The Rock	610115