International transfers online

How do I register for international funds transfers?

The ability to perform international funds transfers through internet banking will become available once you have registered for SMS security and have the Pay anyone facility enabled.

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Can I make an international funds transfer if I'm not registered for SMS security?

No, you cannot. To protect the privacy and security of NAB Internet Banking customers, you must be registered for SMS security to make an international funds transfer.

If your updated mobile number is registered with us, you can register for SMS security by:

  • Logging into NAB Internet Banking and refer to the Settings/Mailbox menu and select Security and password, or
  • Selecting the SMS security option during the NAB Internet Banking registration process.

If you haven't provided us your mobile phone number you can register for SMS security by:

  • contacting the NAB Internet Banking Support Team on 1300 651 656 or +61 3 8641 9886 if you're overseas.
  • referring at any NAB store.

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How to activate the Pay anyone facility?

You can enable Pay anyone access:

  • immediately via internet banking by clicking on New international funds transfer and following the prompts.
  • by contacting the NAB Internet Banking Support Team on 1300 651 656.
  • during the NAB Internet Banking registration process.
  • by completing an application form available from a NAB store.

Note: To enable pay anyone access over the telephone, you will need to be registered for SMS security.

The default Pay anyone access daily limit is $5000.

You can apply to increase your daily Pay anyone limit up to $20,000 via internet banking so long as you are registered for SMS security. If you want a higher limit (up to $20,000 for Personal Banking customers) you will need to:

  1. register for SMS security (if you're not currently registered), and
  2. open the Settings/Mailbox menu and select Security & password
  3. Select Change daily transfer limit and follow the prompts.

If you aren't registered for SMS security, you can apply for a higher limit of up to $20,000 by:

  1. Obtaining an application form from a NAB store. Locate your nearest NAB store.
  2. Complete the application form.
  3. Visit a NAB store to be identified.
  4. Nominate a daily transfer limit. Once your application has been approved, the changes will appear the next time you log into Internet Banking.

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What if I'm exempt from SMS security?

Customers that are exempt from SMS security will not be able to conduct an international funds transfer unless they register for SMS security.

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Can I transfer money to a beneficiary in another country even if it is not a bank that is affiliated with NAB?

Yes, as long as you have the correct SWIFT / BIC code or details of the bank you are wishing to transfer to, or the beneficiary bank address, the transaction can be made.

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Can I set up a periodic or future dated international funds transfer?

Yes, you now also have the ability to set up periodic international funds transfers with the option to have your payment processed weekly, fortnightly, monthly or quarterly.

You can also select a date (up to 18 months) to send money overseas in the future. For both periodic and future dated international funds transfers, the foreign exchange rate at the time of the transaction will be applied and confirmed to you via secure email.

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Why is my transfer stating "insufficient funds" when I have the correct amount of money in my account?

An international funds transfer has an associated fee of $22. You need to have enough money to cover both this fee as well as your transaction amount.

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Does the fee change according to how much I am transferring?

No, the fee is a flat fee charged per transaction.

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Is there a limit on how many transactions I can make per day?

No, as long as the total of your transactions fall within your daily Pay anyone limit.

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Is the fee included in my Pay anyone daily limit?

No, the international funds transfer fee of $22 will not be included in your daily limit.

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Are fees charged by the overseas bank?

A majority of international banks levy processing charges which vary between banks and countries and could result in additional fees being charged.

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Who do the additional fees get charged to?

When completing your international funds transfer you can select to have the additional fees charged back to your account or charged to the beneficiary. This may result in the beneficiary receiving less funds than the amount sent.

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What if I am unsure of what the exchange rate of the currency I am transferring to is?

When sending an international funds transfer, an indicative exchange rate will be provided in the international funds transfer form and you will be asked to accept the final, real time foreign exchange rate when confirming the transaction. Where real time rates are unavailable, eg. outside of business hours or for future-dated transactions, the rate will be applied at the time and you will receive a confirmation via secure message once your transaction is completed.

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Which countries can I send an international funds transfer to?

The countries that you can send an international funds transfer to are:

  • Andorra
  • Austria
  • Bahrain
  • Bangladesh
  • Belgium
  • Bahrain
  • Bosnia – Herzegovina
  • Botswana
  • Brazil
  • Brunei Darussalam
  • Bulgaria
  • Canada
  • Cambodia
  • Chile
  • China
  • Colombia
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Ethiopia
  • Fiji
  • Finland
  • France
  • French Polynesia
  • Germany
  • Ghana
  • Greece
  • Guernsey
  • Hong Kong
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Ireland
  • Isle of Man
  • Israel
  • Italy
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea
  • Kuwait
  • Lao People’s Democratic Republic
  • Latvia
  • Lithuania
  • Luxembourg
  • Macau
  • Macedonia, Former Yugoslav Republic
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Malta
  • Mauritius
  • Mexico
  • Monaco
  • Mongolia
  • Morocco
  • Mozambique
  • Namibia
  • Nepal
  • Netherlands
  • New Caledonia
  • New Zealand
  • Norway
  • Oman
  • Papua New Guinea
  • Pakistan
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Qatar
  • Romania
  • Russia
  • Samoa
  • San Marino
  • Saudi Arabia
  • Seychelles
  • Singapore
  • Slovakia
  • Solomon Islands
  • South Africa
  • Spain
  • Sri Lanka
  • Sweden
  • Switzerland
  • Taiwan
  • Tanzania, United Republic of
  • Thailand
  • Tonga
  • Turkey
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • Vanuatu
  • Vietnam
  • Zambia

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What if the country I am wishing to make a payment to is not in the list of beneficiary countries?

At this stage, you can conduct international funds transfers via internet banking to selected countries only. In order to transact to other countries, you will need to do this at a branch.

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I have received an acknowledgement from NAB which says "processing". Does this mean there is a problem with my transaction?

No. If your international payment has been submitted to NAB successfully you will receive a "processing" acknowledgment. Once your transaction has been processed by NAB and sent to the international bank, you will receive a secure message to your internet banking mailbox with details of your transaction and a status of "paid", or "rejected". You can also view details of your transaction, including the status by selecting the Payment list menu of the left hand side of the screen and clicking on the transaction you wish to view.

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What is the process of disputing an online international funds transfer?

To dispute an online international funds transfer, you need to send a secure message through internet banking with the full details of the disputed transaction. The Internet & SMS Banking Support Team will receive your message and commence the dispute resolution process.

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What requirements do I need to complete an international funds transfers?

To complete an international funds transfer, you must be registered for SMS security and Pay anyone.

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I am receiving a message stating that my transfer will potentially overdraw my account, why is this?

The initial international funds transfer form uses an indicative foreign exchange rate and will display this message if your account is likely to overdraw. If you accept this message, when the real time rate is applied if your account has insufficient funds your payment will not be successful.

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How long will it be before the beneficiary receives the funds into their bank account?

Transfer of funds is usually received within 72 hours by the beneficiary's bank. If the overseas bank is not the beneficiary's, it may take longer to on forward funds to the beneficiary's bank. There may be other circumstances outside of our control which may also cause additional delays.

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What should I do if my beneficiary claims that they have not received the transferred funds?

An international funds transfer sent via internet banking will usually reach the beneficiary's bank account within 72 hours; however there may be other circumstances outside of our control which may also cause additional delays. If the beneficiary has not received the International Funds Transfer, you need to send a secure message through Internet Banking with the full details of the disputed transaction. The Internet & SMS Banking Support Team will receive your message and commence the dispute resolution process.

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Will internet banking save the details of my transfer to use again?

You can choose to save the beneficiary details to use on future international transfers. In the acknowledgement screen, press the Add to my beneficiary list button. Enter a nickname for your beneficiary then press Next. Confirm the details and press Save.

You can also add a beneficiary in the Payee list' in the Funds transfermenu. Next time you perform an international funds transfer your beneficiaries will appear in a drop down list in the application.

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What is a Bank Identification Code (BIC) Number?

A Bank Identifier Code (BIC) is an international standard for uniquely identifying banks worldwide. It is also known as a SWIFT address. A BIC consists of a combination of letters and numbers, either 8 or 11 characters. It identifies the bank's name, its country and the address of the store. When entering the beneficiary's bank, if you have been provided with its BIC, please insert it in the 'Beneficiary Bank SWIFT / BIC Code' field. If you do not know the BIC, you need to insert the full name of the beneficiary's bank, its full street address and its country in the relevant fields.

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What is an International Bank Account Number (IBAN)?

An International Bank Account Number (IBAN) is a European standard format for customers' account numbers. About 40 countries have adopted the IBAN standard, mainly in Europe. Payments to these countries must include an IBAN in the 'Beneficiary's Account Number or IBAN Number" field. The IBAN is a combination of letters and numbers and the length of the IBAN varies from country to country.

An example of a United Kingdom IBAN follows:

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How do I obtain an IBAN?

You should be able to obtain an IBAN from your beneficiary. Their bank can provide them with this upon request.

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What are the cut-off times for international funds transfers?

To ensure the international funds transfer is processed and sent on the value date specified in the transfer, international funds transfers must be sent to NAB before the currency, country and end of day cut-off times. If a transfer is sent to NAB after any of the established cut-off times, NAB will process the transfer, however the value date of the transfer will be changed to the next business day.

International Funds Transfers received on a National public holiday, NSW public holiday, or on a Saturday or Sunday will not be processed until the next business day. The value date of the transfer will also be changed to the next business day.

Note: The below cut off times are for international payments made to trusted beneficiaries. Payments made to beneficiaries for the first time may be delayed being sent to the overseas bank until the next business day.

Cut off (AEST/AEDT)

Country & currency
  • Western Samoan Tala
  • Central Pacific Franc
  • Fiji Dollar
  • Indonesian Rupiah
  • Philippine Peso
  • Solomon Islands Dollar
  • Thailand Baht
  • Vanuatu Vatu
  • Japanese Yen
  • Papua New Guinea Kina
  • Singapore Dollar
  • New Zealand Dollar
  • Australian Dollar
  • Bahrain Dinar
  • Bangladesh Taka
  • Czech koruna
  • Indian Rupee
  • Israeli Shekel
  • Jordanian Dinar
  • Kuwaiti Dinar
  • Omani Rial
  • Pakistan Rupee
  • Saudi Arabian Riyal
  • Sri Lankan Rupee
  • United Arab Emirates Dirham
  • British Pound
  • Canadian Dollar
  • Danish Krone
  • Euro Dollar
  • Hong Kong Dollar
  • Hungarian Forint
  • Kenyan Shilling
  • Mexican Peso
  • Norwegian Krone
  • Polish Zloty
  • South African Rand
  • Swedish Krona
  • Swiss Franc
  • United States Dollar

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