Docs

Australia

Account channel

Service specification
TypeDescription
Direct to Bank methodDirect 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 availabilityAustralia 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 receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction AUD 25,000.00
Minimum per Transaction AUD 1.00
Compliance accumulated limit AUD 10,000.00 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.
Maximum BeneficiaryNo restriction
Service ChargeTransaction 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 ProcessCancellation is on best effort basis.
RemarksBSB Code information https://www.thebsbnumbers.com/banks/
Beneficiary address is mandatory for Australia Bank Transfer.
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:
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
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer 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 P&N Bank 610031
25 St. George Bank Limited 610036
26 Suncorp-Metway Limited 610037
27 Teachers Mutual Bank Limited 610038
28 Westpac Banking Corporation 610041
29 Auswide Bank 610043
30 Citibank Australia 610044
31 Australia Post Money Orders 610045
32 Rabobank 610046
33 B And E Limited 610047
34 Bank of America National Association 610048
35 Bank of Communications Co., Ltd Sydney Branch 610050
36 Bank of Sydney Ltd 610051
37 Bankwest 610053
38 Big Sky Building Society Limited 610054
39 BNP Paribas 610055
40 BNP Paribas Securities Services 610056
41 Capricornian Limited 610057
42 Community First Credit Union Limited 610058
43 Credit Union Australia Limited 610060
44 Cuscal Limited 610061
45 Deutsche Bank Aktiengesellschaft 610062
46 G And C Mutual Bank 610065
47 Gateway Credit Union Limited 610066
48 Heritage Isle Credit Union Ltd 610068
49 Holiday Coast Credit Union Ltd 610069
50 Indue Ltd 610071
51 Industrial and Commercial Bank of China Limited 610072
52 JP Morgan Chase Bank, National Association 610074
53 Maitland Mutual Building Society Limited 610075
54 Mega International Commercial Bank Co Limited 610078
55 Mizuho Bank Limited 610079
56 Newcastle Permanent Building Society Ltd 610080
57 Reserve Bank of Australia 610083
58 Southern Cross Credit Union Ltd 610087
59 State Street Bank and Trust Company 610088
60 Sumitomo Mitsui Banking Corporation 610089
61 Summerland Credit Union Ltd 610090
62 Sutherland Credit Union Ltd 610091
63 Taiwan Business Bank Sydney Branch 610092
64 Tyro Payments Limited 610093
65 UBS AG Australia Branch 610094
66 United Overseas Bank Limited 610095
67 Uniting Financial Services 610096
68 Warwick Credit Union Ltd 610097
69 Advance Bank 610098
70 BOQ Specialist 610099
71 Challenge Bank 610100
72 China Construction Bank 610101
73 OCBC Bank 610102
74 RACQ Bank 610103
75 Regional Australia Bank 610104
76 Unity Bank 610105
77 Town And Country Bank 610106
78 Bankers Trust Australia 610107
79 MUFG Bank 610108
80 Volt Bank 610109
81 Bananacoast 610110
82 Endeavour Mutual Bank 610111
83 Home Building Society 610112
84 Pioneer Permanent Building Society 610113
85 Queensland Country Credit Union 610114
86 The Rock 610115
87 MOVE 610116