With the strong Australian Dollar, it’s a great time to buy goods and services from overseas – or even just to send money to friends or relatives abroad.

Did you know that Police Credit Union, in association with Travelex, can take care of all your International Payment and Money Transfer needs, offering:

You can choose to send your payment by either:

1. telegraphic transfer (a direct electronic transfer to an overseas bank account – transmitted straight away, with funds normally credited within 2-3 business days. We suggest sending your payment in the beneficiary’s currency rather than Australian dollars, and please ensure you provide the correct account details).

2. draft (a cheque issued in foreign currency – normally available next working day, and you then post it to the beneficiary for them to deposit into their bank account).

If funds are required by your intended beneficiary in a more timely manner, a Telegraphic Transfer is the more direct method for International Payments.

In addition, if you have received foreign money, Police Credit Union can accept foreign currency cheques and banknotes for conversion to Australian Dollars. Conditions apply – please ask us for details.

Visit our Foreign Currency Service page.