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Foreign Exchange

Why transfer in United States Dollars?

Quick and easy

Sending Australian dollars to the United States can be a slow and complicated process. It’s quick and easy to convert to United States Dollars (USD) so that payments arrive in local currency.

Can be cheaper

Take advantage of our preferential foreign exchange rates by converting to USD before you send.

How do I transfer in USD?

Simply select USD when making your payment. For detailed  instructions see our NAB Connect Video and Quick Reference Guide (PDF, 790KB)

Like to chat to someone first?

Talk to one of our  foreign exchange specialists about your specific needs. Call 1300 960 355

Foreign Exchange is easy with NAB Connect

We have simple and competitive foreign exchange solutions you can access using NAB Connect. You can also use NAB Connect for international payments, foreign currency accounts and risk management products.

NAB Connect International Money Transfer

Video tutorial about how to send money overseas on NAB Connect

How to send money overseas with NAB Connect

With NAB Connect, you can send an International Money Transfer any time.

This short video outlines the process to send money overseas with NAB Connect. You can also read the guide:

Send an International Payment (PDF, 829KB)

Is it safer to send Australian dollars?

Not necessarily. You may think there’s no foreign exchange risk when you send Australian dollars to the United States. However, the currency exchange rate will most likely change by the time the funds arrive in the United States. This means you could be paying a different amount than required, once it’s converted to USD by the recipient.

Contact our Dealing Desk on 1300 960 355.

What if my parent company wants Australian dollars?

Some overseas parent companies ask for profits to be sent in Australian dollars. We suggest that you call us first for a quote, as we may be able to save your company money and help with the transfer.

Contact our Dealing Desk on 1300 960 355.

Need help? Talk to us

As your business grows and your foreign exchange  requirements increase, it’s important to manage your risk. Speak to a foreign exchange specialist to get market insights and strategies to protect your business.  You can also call our wholesale desk to discuss  your  specific overseas payment needs.

Contact our Dealing Desk on 1300 960 355.

Foreign Exchange


Learn with NAB

Guidance for your Business

Foreign Exchange with NAB

Read about managing your exposure to changes in the foreign currency market.

Forward Exchange Contracts

Understanding Foreign Exchange risk is important. Learn how Forward Exchange Contracts can be useful.

Global Markets Research

Helping your business make sense of credit, foreign exchange, interest rates and commodity markets.

Important information

The information provided on this webpage is intended to be of a general nature only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information on this webpage, National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit License 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any information on this webpage.

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