Australia

Bank account

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	NPP: 24x7 (within 5 minutes) Direct Entry: 24x7 (T+1 Australia Banking Day)
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 Individual transactions, the following information / document of beneficiary is required: i) Sender ID copy and Sender pay slip or ii) Sender ID copy and Sender bank statement. 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 be refunded on best effort basis 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. A Bank State Branch (often referred to as "BSB") is the name used in Australia for a bank code, which is a branch identifier. The BSB is normally used in association with the account number system used by each financial institution. To view all BSB codes for Australia, kindly refer to the link below to get the necessary information: https://docs.google.com/spreadsheets/d/1-8MpAQvtekRxklYIV8Y0nMwqZRZ5U3KCEdspjFF-rn8/edit?pli=1&gid=435750939#gid=435750939 2. Mandatory field(s) for Australia Bank Transfer: a) Sender Address b) Sender City c) Sender Postcode d) Beneficiary Address e) Beneficiary City f) Beneficiary Province Code g) Beneficiary Regency Code h) Beneficiary Postcode 3. Sender and Beneficiary addresses are mandatory for Australia Bank Transfer. A) Guidelines for a full Sender Address to Australia. i) Street No. ii) Unit No. iii) City iv) State v) Postal Code vi) Country B) Guidelines for a full Bene Address of Australia. i) Street No. ii) Unit No. iii) City iv) State v) Postal Code vi) Country C) Australia Suburb (bRegencyCode), please refer to this URL: https://auspost.com.au/locate/post-office/nsw D) Australia Post code (bPostcode) = 4 digits. 4. Only NPP (New Payments Platform) account numbers are supported. 5. If the bank and beneficiary account supports NPP services, it will be processed via NPP. Else, the transaction would be processed via Direct Entry Please refer to Table A below for the List of Australia State (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	Victora
WA	West Australia
ACT	Australia Capital
NT	Northern Territory

Table B: List of Purpose Code for Business Type is as below:

No	Purpose Code	Purpose Code Description	Sender Type	Beneficiary Type
1	01000	Beverages and Tobacco	Business	Business
2	02000	Crude Materials, Inedible except Fuels	Business	Business
3	03000	Mineral Fuels, Lubricants and Related Materials	Business	Business
4	04000	Animals and Vegetable Oils, Fats and Waxes	Business	Business
5	05000	Chemicals and Related Products, n.c.e.	Business	Business
6	06000	Manufactured Goods	Business	Business
7	07000	Machinery, Non-Customised Packaged Software and Transport Equipment	Business	Business
8	07100	Power Lines, Pipelines and Undersea Communication Cables	Business	Business
9	09000	Miscellaneous Transactions and Commodities n.c.e.	Business	Business
10	09700	Mineral Fuels, Lubricants and Related Materials	Business	Business
11	10010	Goods for Processing/Manufacturing Services	Business	Business
12	13110	Goods and Services by Travellers	Business	Business
13	13210	Goods and Services	Business	Business
14	13220	Goods and Services by Short Term Workers	Business	Business
15	14420	Subsidiaries on Products and Productions	Business	Business
16	15000	Government Goods and Services Transactions N.I.E	Business	Business
17	16321	Claim Settlements on High Risk Insurance Relating to Fire, Marine, Aviation etc.	Business	Business
18	16322	Claim Settlements on Other General Insurance	Business	Business
19	16323	Claim Paid/Received on Life Insurance	Business	Business
20	16324	Claim Paid/Received on Reinsurance	Business	Business
21	16325	Claim Paid/Received on Insurance on Goods	Business	Business
22	16711	Merchanting trade in Malaysia	Business	Business
23	16712	Merchanting trade in Abroad	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	Great Southern Bank	610139
102	Greater Bank	610020
103	Health Professionals Bank	610140
104	Horizon Bank	610141
105	Illawarra Credit Union Limited	610142
106	Laboratories Credit Union Limited	610143
107	LLL Australia	610144
108	Macarthur Credit Union Ltd	610145
109	MyState Bank	610029
110	Northern Inland Credit Union	610148
111	Orange Credit Union	610149
112	People's Choice Credit Union	610150
113	Police Bank	610032
114	Police Credit Union Ltd	610151
115	QBank	610152
116	Qudos Bank	610033
117	Reliance Bank	610153
118	Rural Bank	610154
119	South West Slopes Credit Union Ltd	610155
120	Summerland Bank	610156
121	UBank	610039
122	UniBank	610157
123	Up Bank	610158
124	Virgin Money	610159