International currency conversions made easy.
For those customers receiving payment by foreign currency cheque, our foreign cheque conversion service is flexible and convenient.
Funds can be credited to your account quickly and securely once they have cleared from the international bank. Clearing typically takes around 30 days depending on the country and institution from which the funds originated1. Foreign cheques are an ideal service for a business or employee paid in foreign cheque or receiving international pension cheque from overseas.
- Convert cheques issued in foreign currencies into Australian dollars
- A convenient and secure way to deposit funds into an overseas account
- Comparatively fast clearance time
- Simple and safe currency conversion
- A range of major currencies are available for our foreign cheque conversion service.
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1. This timeframe may vary depending on the currency, value, and country of origin of the cheque to be converted. Please consult a branch for further information.
2. Agent Network data as at 31 December 2012
Funds may be delayed or services unavailable based on certain transaction conditions, including amount sent, destination country, currency availability, regulatory and foreign exchange issues, required receiver action(s), identification requirements, Agent location hours, differences in time zones, or selection of delayed options. Additional Restrictions may apply. See Send form for details.
Applicable to person-to-person money transfer service. In addition to the transfer fee. Western Union* makes money from changing your local currency into foreign currency. Subject to applicable taxes, if any.
Types of identification documentation required will vary between each country.
*Western Union Business Solutions
The financial products referred to in this communication are provided by Western Union Business Solutions (Australia) Pty Ltd ABN 24 150 129 749 AFSL 404092, trading as Western Union Business Solutions (“WUBS”), under its agreement(s) with your Financial Institution. Fees & Charges and Terms & Conditions apply.
It's important for you to consider the relevant Product Disclosure Statement (“PDS”) and any other relevant WUBS documents before you decide whether or not a financial product is right for you. A PDS is available for each financial product issued by WUBS from your Financial Institution or on the Western Union website. Any advice provided above is general and does not take account of your personal objectives, financial situation or needs.
This communication has been prepared solely for informational purposes and does not in any way create any binding obligations. The relationship relating to the financial products referred to in this communication are solely between you and the Financial Institution. No representations, warranties or conditions of any kind, express or implied, are made in this communication.
Western Union Business Solutions is an operating division of the Western Union Company. Western Union is the issuer of the financial products referred to in this communication.
All services are provided by Beyond Bank Ltd ABN 15 087 651 143 AFSL/Australian Credit License 237856.