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Do you need to send money domestic or overseas?

Do you want to receive a domestic or international payment from family, friends or trading partners? SCU is the one-stop shop for domestic or international transactions of any size. Working with specialists in domestic or international payments means we can help you send and receive money from friends, family and business partners in quick, reliable and affordable ways.

SCU offers four options to send or receive funds domestically or overseas

  • Internet Banking via AMEX - Allows you to send funds directly into your beneficiary's account 24/7, in the local currency of the destination country, if you are registered for Internet Banking. 
  • Telegraphic Transfer1 - Allows you to send funds directly into your beneficiary's account in a specified currency
  • Drafts (foreign currency cheques) - Bank cheques made to a recipient who can deposit the cheque into their account, an ideal payment method for small amounts or when you don’t know banking details of the person you need to send money to
  • Swift Payment within Australia - If you are an SCU member and would like to receive or send a payment from within Australia and have the funds made available fast, you can choose to receive or send via a Swift payment2
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1 For further information, please refer to the relevant Telegraphic Transfers Product Disclosure Statement (PDS). The information contained in this document has been prepared without taking into account your objectives, financial situation or needs. You should read the PDS and consider the appropriateness of International Payments in relation to your individual requirements. International Payments are arranged through American Express International, Inc. (ABN 15 000 618 208, AFSL No. 237996). Incorporated with limited liability in Delaware, USA. ® Registered trademark of American Express Company.

2 SWIFT Payments are arranged through Cuscal Limited ABN 95 087 822 455 AFSL 244116. Telegraphic Transfers are undertaken at the sender's risk and CUSCAL, and/or their subsidiary companies and/or their agents accept no liability for any delay, mistake, or omission which may happen in its transition, or misinterpretation when received, or from failure to identify the payee. The majority of banks charge processing fees which vary between banks/countries. If these fees are deducted from the transmitted funds, this will result in the beneficiary receiving a lesser amount than transmitted. Sydney Credit Union Limited may receive a commission or other financial benefits for the referral of business to CUSCAL.

 

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