National Australia Bank (NAB) offers convenient options for sending money internationally, whether you're transferring funds to family, paying for services, or conducting business transactions. Here's a comprehensive guide to help you navigate the process.
Transfer Methods
You can initiate international money transfers through:
- NAB App
- NAB Internet Banking
- In-Person at a NAB Branch
Transfer Fees
Transfer fees vary based on the method and currency:
| Transfer Method | Currency | Fee |
|---|---|---|
| Online (NAB App or Internet Banking) | Foreign Currency | $0 |
| Online (NAB App or Internet Banking) | Australian Dollars | $30 |
| In-Person at a NAB Branch | Any Currency | $30 |
Note: NAB covers any fees charged by overseas banks when sending international transfers online using the NAB app and NAB Internet Banking. However, in some instances beyond NAB’s control, overseas banks may deduct their fees from the amount sent.
Required Information for International Transfers
Before initiating a transfer, ensure you have the following details of the recipient:
- Full Name and Address
- SWIFT/BIC Code
- IBAN or Bank Account Number
- Additional Bank Details (e.g., Sort Code or Routing Number, if applicable)
Processing Times
International transfers are typically processed within 72 hours. However, the time it takes for the recipient to receive the funds may vary depending on the recipient's bank and country.
Tracking Your Transfer
For transactions made using the NAB app and NAB Internet Banking, you can track your payment in real-time from the moment the payment is processed until the money reaches its destination.
Contact Information
If you have any questions or need assistance, you can contact NAB's International Payment Service Desk:
- Within Australia: 1300 888 413 (Select Option 2)
- From Overseas: +61 3 8641 9083
For more detailed information and step-by-step guides, visit NAB's official page on Transferring Money Overseas.
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