The purchase of international bank drafts is a convenient feature of ANZ Internet Banking. All you need is the name of the recipient and the amount of foreign currency required.
How do I purchase an international bank draft?
To purchase an international bank draft:
- Go to the "Payments" menu.
- Select "International services".
- Select the "Purchase an international draft" link from the in-page menu and follow the steps below.
Before you purchase an international draft
Please note that:
Step 1 - Select the acount to make your purchase from
- From: choose the ANZ account you wish to use to make the international draft purchase, using the drop down list.
- Only applicable accounts that are linked to ANZ Internet Banking will display.
Step 2 - Enter the international draft details
- To payee: enter the name of the person or business to receive the international draft.
- Currency of draft: select the currency from the drop down list.
If the country you're looking for is not in the drop down list you will need to visit your nearest branch to purchase the international draft.
- Enter the draft amount in either the foreign currency (in the Amount (Foreign) field) or in AUD (in the in the Amount (AUD) field), using a decimal point, if applicable.
- Click the "Calculate" button - this will display the exchange rate in the "Exchange Rate field"
- The draft amount will then display in the foreign currency and AUD.
The total cost of draft (draft amount plus draft issuing fee) will be automatically calculated in AUD.
Step 3 - Select the purpose of the draft
- Use the drop down list to select the purpose for issuing the draft.
Step 4 - Fill in your personal details and click "Continue"
- You must enter your residential address (no P.O. box) to comply with the Australian Transaction Reporting Act, 1988.
- Businesses will also need to provide an ABN. If you are not a business user you can leave this field blank.
- Check that you have filled in information correctly then click "Continue".
Step 5 - Review your information
Review all your information to ensure it is correct. If information is incorrect it may result in an unsuccessful draft or payment to an unintended recipient.
- If you notice mistakes select "Back" and re-enter the correct details following steps 1-4.
Step 6 - Confirm your purchase
- When you are happy with the information entered click "Confirm".This will complete the draft purchase and a confirmation message will display.
ANZ Internet Banking for Business operators can click "Request authorisation" to submit the BPAY® bill payment to the relevant Authoriser or Administrator for approval and skip to step 8.
Please note that ANZ Internet Banking for Business Authorisers/Administrators must authorise the transaction on the same day the transfer is lodged, otherwise the transfer will be expired and will need to be re-submitted.
Step 7 - Read and accept the terms and conditions (if applicable)
- If terms and conditions display, you must read and accept them.
- Click the "I Accept" button.
Step 8 - View your lodgement receipt
- Your lodgement receipt is displayed to confirm that the order has been submitted successfully.
- This does not mean the order will be processed successfully as that is dependent on the details you have entered being accurate and sufficient available funds being in the account from which the draft is to be purchased.
- Please make a note of the receipt number and lodgement number for your own records.
When you are purchasing an international draft it is your responsibility to ensure the details you provide are correct.
- We do not check payment details.
- If payment details are incorrect it may result in an unsuccessful transfer or the wrong recipient receiving the draft.
- If you have a query about an international draft purchase you can send us a SecureMail or call the ANZ Internet Banking team on 13 33 50 (International callers: +61 3 9699 6908) 24 hours a day, seven days a week.
How long does it take for the draft to be processed?
- Orders are processed overnight on bank business days.
- The time that it takes for the payee's account to be credited will vary depending on the policy and systems of the bank the account is held with.
- Orders submitted before 6.00pm Melbourne time on a bank business day are processed on that day.
- Orders submitted after 6.00pm Melbourne time or on weekends or public holidays are processed on the next bank business day.
- Once your order is processed you should receive the draft within three bank business days.