Features and Benefits

Avoid surprise overseas bank fees

NAB absorbs fees that receiving overseas banks may charge when you send an online International Transfer

No minimum transfer amount

when you send funds overseas. Plus trade with over 40 global currencies and send to over 100 countries

No confusing variable fees

with a simple $10 flat transfer fee when transferring money overseas in a foreign currency via internet banking

Know your transfer is safe

and secure with NAB's SMS security protection activated on International transfers

Not a NAB customer?

Before you can transfer money overseas with NAB you must be a NAB customer with an open transaction account. Opening a NAB transaction account is simply a 7 minute online application form, and there are no monthly account fees.

How to make an international money transfer

What to do before I transfer

Not a NAB Customer?

Before you can transfer money overseas with NAB you must be a NAB customer with an open transaction account. Opening a NAB transaction account is simply a 7 minute online application form, and there are no monthly account fees.

Already with NAB, what's next?

  1. Activate NAB internet banking.

  2. Confirm the bank details of the person or business you’re transferring to.

  3. Check your internet banking transfer limit. You can increase this if you need to yourself via internet banking settings or by giving us a call.

  4. To make an international transfer you need to have SMS security protection switched on, which you can do via settings in Internet banking.

What bank details do I need?

To transfer money to another country, you'll need the following information from your recipient:

  • Their full name and street address (not a PO Box)
  • The IBAN or bank account number
  • A SWIFT code or BIC (this identifies their bank) or the full bank address
  • Any other information they have like sort codes or routing code

Ways to send your transfer

Online via NAB Internet Banking and Mobile App

We have an easy to submit online form available in internet banking on desktop (under the Funds Transfer menu select New International Transfer) and through our mobile app (in settings under more select International Payments). You can make a transfer in a few simple steps through confirming:

  1. The account you’d like to pay from

  2. The country and currency you’d like to send funds in, and the amount you want to send

  3. The details of where to send your money through providing your recipients bank details.

  4. When you want the money to be sent now, in the future or recurring.

  5. If you’re happy with the displayed real time or indicative exchange rate you accept and off the transfer goes!***

In person at any branch

While our fees are less if you make an International money transfer yourself online, we can help you send the money overseas from any branch.

What happens after I transfer

The money leaves your account shortly after you submit your transfer, generally within one business day.

Transfer of funds is usually received within 24 hours by the beneficiary's bank.**

We’ll return your funds if the transfer is unsuccessful for whatever reason to your NAB account.

You can view the status of your international transfer real time in Internet banking through viewing the transaction in your payment list which will show if it has been paid or rejected.

NAB International Money Transfers – Helping you avoid unexpected charges

Learn how online NAB international money transfers can help you avoid unexpected charges when transferring money overseas. NAB is now the only Australian bank to cover overseas bank charges for a simple, flat upfront fee. | View transcript

Transfer money overseas

Transferring money overseas doesn’t have to be difficult. Unexpected charges can often come up, reducing the amount that you’re sending over. With online NAB international money transfers, we can help you avoid surprise fees from overseas banks.

INTERNATIONAL MONEY TRANSFER FEES FROM $10

INTERNATIONAL MONEY TRANSFER FEES table

Transfer situation

Flat fee across all countries/currencies

International Money Transfer made via NAB Internet Banking (sent in foreign currency)

Flat fee across all countries/currencies

$10

International Money Transfer made via NAB Internet Banking (sent in Australian dollars)

Flat fee across all countries/currencies

$30

Over The Counter (sent in Australian dollars and foreign currency)

Flat fee across all countries/currencies

$30

Important Information

Information on this page is correct as of 26/03/18

** 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. 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.

*** If you're doing an International transfer from 8am - 8pm, Mon-Fri you'll usually see the real time exchange rate on the final page before you submit your transfer. Real time rates aren’t available overnight (from 8pm – 8am Melbourne time), on weekend or public holidays. Real time rates also aren't available for future-dated or periodic transfers because we use the exchange rate available on that day.

Personal banking fees and charges and International transfers terms and conditions available.