Sending money overseas

A draft or telegraphic transfer could help

Drafts

A foreign draft is a cheque issued in a range of currencies. The recipient of the draft can deposit it into their own account
Available in a wide range of foreign currencies including Australian dollars although we recommend a draft in the local currency to avoid additional exchange rate fees or delays for the payee
Available within 24 to 72 hours for collection or delivery
Complete and return the Bank Draft Order form

Telegraphic transfers

A telegraphic transfer (TT) is an electronic means of depositing funds directly into an overseas account
Can be wired to nominated banks overseas
Complete and return the Request for Telegraphic Transfer form

See our handy checklist for information on sending money from overseas to your Teachers Credit Union account

Diploma Travel
Travellers cheques or foreign cash
Cash Passport
Before you travel

Fees and charges

We provide Bank Drafts and Telegraphic Transfers through Travelex ABN 36 004 179 953, AFSL 222 444 and American Express® ABN 15 000 618 208, AFSL 237996.

Applications and forms