Telegraphic Transfers
The safest and quickest way to send money overseas. Electronically transfer funds overseas to an account at another financial institution. Simply visit your local Suncorp branch or use the Global Payments system via Suncorp Internet Banking.
| Item |
Description |
| Variety of uses |
Suncorp branch – visit your local Suncorp branch during branch hours. There is no set upper limit on the Telegraphic Transfer value (subject to cleared funds being available).
Global Payments – subject to your daily limit, you can complete an online Telegraphic Transfer for amounts up to AUD $20,000, 24 hours a day. Amounts between AUD $20,000 to AUD $50,000 can only be completed during normal business hours (up to 6pm AEST).
A Security Token will be required to use the Global Payments system.
|
| Currencies Available |
Check the foreign currencies available through Suncorp |
| Application for Overseas Telegraphic Transfer |
The following payment instructions need to be included in your Telegraphic Transfer request;
- The amount you wish to transfer
- The currency to be sent
- Beneficiary account name
- Beneficiary account number (IBANs are required for all transfers to Europe and the United Kingdom)
- Beneficiary bank name and address
- Beneficiary bank SWIFT code
- Intermediary bank and their SWIFT code if required
- Reason for payment
|
| Foreign Exchange Rate Calculator |
Use our foreign exchange rate calculator for a quick estimate |
| Fees |
AUD $30 per transaction (plus overseas bank charges) for a telegraphic transfer processed via a Suncorp branch
AUD $20 per transaction (plus overseas bank charges) for an online telegraphic transfer processed via Global Payments |
Telegraphic Transfer Process
- Simply visit your local Suncorp branch during branch hours; or
- Log on to Suncorp Internet Banking and process your Telegraphic Transfer via Global Payments for amounts under AUD $50,000 equivalent. The maximum amount that can be processed via Global Payments is AUD $50,000 equivalent. A Security Token will be required for all online Telegraphic Transfers processed by the Global Payments system; or
- If you do not have Internet Banking access and you can not visit a Suncorp branch you will need to have your Power of Attorney (POA) / Third Party to Operate (TPO) perform the transaction on your behalf. Ensure all the required payment instructions are provided to your POA/TPO.
Effective 12 May 2008 Suncorp will no longer action Telegraphic Transfer requests received by facsimile.
If you require further instructions please call the Suncorp Call Centre on 13 11 55 or if you are overseas on 617 3362 1222.
To obtain Suncorp Internet Banking access call 617 3362 8549.
