Type Description
Direct to Bank Method Direct credit to bank account in Australia Dollar (AUD)

Supported sender type - Individual & Corporate

Supported beneficiary type – Individual & Corporate
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).

Transaction sent on Saturday or Sunday and Australia’s public holiday will be processed on next Australia banking day

Subjected to Singapore office timing and funds being received
Area availability Australia nationwide
Validation / Verification Beneficiary name must match account number as stored by issuer bank

BSB number is required

Beneficiary address are required including province (state), regency (suburb) and 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 25,000.00

Minimum per transaction AUD 1.00

Compliance accumulated limit AUD 70,000.00 per day per beneficiary
Cancellation Process Cancellation is on best effort basis
Remarks BSB Code information: https://www.thebsbnumbers.com/banks/

Beneficiary address is mandatory for Australia bank transfer