Australia
Account channel
Service specification
Type | Description | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Direct to Bank method | Direct credit to bank account in Australia Dollar (AUD). Supported beneficiary account type – Individual & company. Supported sender type - Individual & company. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Transaction Turnaround Time | · T+1 Australia Banking day for transaction processed and credited before 2.00pm (Mon-Fri) GMT +10. · Up to T+2 Australia Banking days for transaction processed and credited after 2.00pm (Mon- Fri) GMT +10. · Transaction final status received T+1 or T+2 business day (subject to bank systems). For e.g. a transaction is processed at 11am GMT +10 on Day 1, and transactions is credited on next day (Day 2). However, Tranglo system will only transmit the final status on the following business day(s) (Day 2 or 3) where applicable · Transaction sent on Saturday or Sunday and Australia’s public holiday will be processed on next Australia Banking day. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Area availability | Australia nationwide | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Validation / Verification | · No system validation on account available · Beneficiary name must match account number as stored by issuer bank · BSB Number is required · Sender Address, Sender City & Sender Postcode are required · Beneficiary address are required including Beneficiary Province(State), Beneficiary Regency(Suburb) and beneficiary Postcode are Mandatory Fields. · Beneficiary mobile number is required. · Beneficiary ID Number is required. · Beneficiary DOB is required. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount received | Beneficiary received net amount as specified by Sender. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Transaction Limit |
Maximum per Transaction AUD 100,000.00 Minimum per Transaction AUD 1.00 Compliance accumulated limit AUD 30,000.00 per day per Beneficiary Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit. For Business transactions, the following information / document of beneficiary is required: i) Company incorporation document and the invoice. Company incorporation document as in registration document showing its registration details such as country | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Maximum Beneficiary | No restriction | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Service Charge | Transaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cancellation Process | Cancellation is on best effort basis. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Remarks |
1. BSB Code information : https://www.thebsbnumbers.com/banks/ 2. Beneficiary address is mandatory for Australia Bank Transfer. A) Guidelines for Bene Address Of Australia. The correct (Bold) Beneficiary Address format as below: i) BeneAddress (short address) - 12, Old Eltham Road ii) bProvinceCode (state) - NSW iii) bRegencyCode (suburb/ City) - Parramatta iv) bPostCode- 2150 BeneAddress should have: Unit/number and street portion of an address. Do not provide: suburb, town, city, postcode, state, country name in BeneAddress fields. B) List of Australia State (bProvinceCode) for your reference.
D) Australia Post code (bPostcode) = 4 digits. 3.For Australia transaction, there are few purpose code that only for Business Sender and Beneficiary type. The list of purpose code for Business Type is as below:
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Do_Transfer bAccType Value | 1 |
Supported bank
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 Direct Australia Bank | 610026 |
21 | Macquarie Bank Limited | 610027 |
22 | Members Equity Bank Pvt Limited | 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 Money Orders | 610045 |
31 | Rabobank | 610046 |
32 | B And E Limited | 610047 |
33 | Bank of America National Association | 610048 |
34 | Bank of Communications Co., Ltd Sydney Branch | 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 | Credit Union Australia Limited | 610060 |
42 | Cuscal Limited | 610061 |
43 | Deutsche Bank Aktiengesellschaft | 610062 |
44 | G And C Mutual Bank | 610065 |
45 | Gateway Credit Union 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 | Maitland Mutual Building Society Limited | 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 Sydney Branch | 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 |