Australian Mutual Bank is the one-stop shop for domestic or international transactions of any size. Working with specialists in domestic or international payments means we can help you send and receive money from friends, family and business partners in quick, reliable and affordable ways.
Australian Mutual bank offers three options to send or receive funds domestically or overseas.
IMPORTANT INFORMATION
Effective 28th April 2025, all international payments, whether to a new payee or existing payee, require an SMS verification for added security. By initiating an international payment, you acknowledge and agree that an SMS verification will be sent to your registered mobile number before the transaction is processed.
Please ensure that your contact information is up to date to avoid any delays in processing your international payments.
1. Teachers Mutual Bank Limited ABN 30 087 650 459 (The Bank) has entered into contractual arrangements with Convera Australia Pty Ltd (ACN 150 129 749; AFSL 404092) (“Convera”), to assist it in fulfilling certain foreign exchange and payment services offered by The Bank to its members. The relationship relating to the services described is solely between you and The Bank. The Bank has a revenue share arrangement with Convera, where The Bank receives a percentage of the foreign exchange margin revenue and transaction fee revenue (where applicable) for the relevant foreign exchange or payment service. Please refer to our Financial Services Guide and Fees and Charges, available on our website at australianmutual.bank or by calling us on 13 61 91 to request a copy or by visiting a branch.
2. RTGS Payments are arranged through Cuscal Limited ABN 95 087 822 455 AFSL 244116. Telegraphic Transfers are undertaken at the sender's risk and CUSCAL, and/or their subsidiary companies and/or their agents accept no liability for any delay, mistake, or omission which may happen in its transition, or misinterpretation when received, or from failure to identify the payee. The majority of banks charge processing fees which vary between banks/countries. If these fees are deducted from the transmitted funds, this will result in the beneficiary receiving a lesser amount than transmitted. Australian Mutual Bank may receive a commission or other financial benefits for the referral of business to CUSCAL.
