International money transfers (telegraphic transfers)

Telegraphic transfers are a secure and convenient way to send or receive electronic funds directly into an overseas account. The funds are deposited into the nominated bank account generally within 3 working days.

Sending money overseas

To place an order, simply click the Order now button above then print, complete and return the order form.

You can choose for the funds to be either in Australian dollars or the currency of the destination country (note some restrictions may apply). The countries we can telegraphic transfer funds to can change, so call 13 12 21 9am to 5pm, weekdays to ensure your destination is available.

Receiving money from overseas

To receive money from overseas into a Teachers Credit Union account, you will need to provide the sender with the following details.

Your funds will need to be processed through an intermediary bank which will charge a fee deducted from your transferred funds. Cuscal¹ will not accept funds transferred directly to them. If the sender’s financial institution does not automatically select an intermediary bank, you will need to nominate an intermediary bank to ensure your transfer is successful.

These details are for use by the sending bank

Beneficiary:	Provide your full account name
Beneficiary account number:	Provide your member or client number (maximum 9 digits)
Beneficiary BSB and Credit Union details:	812-170 Teachers Credit Union Limited 28-38 Powell Street Homebush NSW 2140 Australia
Beneficiary Bank:	Cuscal Limited¹1 Margaret Street Sydney NSW 2000 Australia
Beneficiary Bank SWIFT Code:	CUSCAU2SXXX
Intermediary Bank:	The sending bank usually use their own intermediary bank however, you can select your own intermediary bank and supply the bank details to the sender or you may wish to use the Standard Settlement Instructions on the Cuscal website.