Foreign Cheques and Drafts are another convenient way to send and receive money when your beneficiary’s bank account is unknown.
Send or receive money overseas using our International Payments Service, powered by Western Union Business Solutions.
Send or receive money today via Online Banking or at a Service Centre
G&C Mutual Bank has engaged Western Union Business Solutions (Australia) Pty Limited (ACN 150 129 749; AFSL 404092) trading as Western Union Business Solutions (“WUBS”) to assist it in fulfilling these services. You remain a customer of G&C Mutual Bank at all times. Drafts are provided directly to you by WUBS, pursuant to its agreement(s) with G&C Mutual Bank. If you are seeking to acquire Drafts, it is important for you to consider the Product Disclosure Statement (“PDS”). The Drafts PDS is available from the compliance section of the WUBS website.The relationship relating to financial products (other than Drafts) is solely between you and G&C Mutual Bank. WUBS does not give you any advice (general, personal or otherwise). Any advice provided to you is given by G&C Mutual Bank or your adviser.This communication has been prepared solely for informational purposes and does not in any way create binding obligations. No representations, warranties or conditions of any kind, express or implied, are made in this communication.
1. Based on periodic comparisons against publicly available rates for comparable services from 4 Australian banks.
2. G&C Mutual Bank and WUBS do not charge fees on incoming international payments. For incoming international payments, WUBS processes over 25 currencies fee-free however some exotic or other currencies may attract fees. In some instances, intermediary banks may levy additional fees and/or charges. For outgoing international payments, please note that fees, charges, terms and conditions apply and may vary depending upon the financial product.
3. Payments are usually received by the beneficiary within 2 to 3 business days after receipt of funds by WUBS in accordance with payment instructions. There is no delivery period guarantee. Some currencies may take longer than others to process.