We have collaborated with Western Union Business Solutions for G&C Mutual Bank to offer Incoming International Payments, a timely and reliable option for receiving international payments directly into your nominated bank account from almost anywhere in the world, in over 35 currencies. You can receive the full amount sent to you with no beneficiary deduct fees.1
The funds will usually arrive in 2-3 business days2 into your G&C Mutual Bank account. Other benefits of using our Incoming International Payments service include the ability to lock in a competitive exchange rate for 72hours3 and if you have your sender send the money in their local currency, you can still receive in AUD.
It is a low cost alternative3 to SWIFT transactions that typically incur fees on inward payments and can take up to 60 days to clear.
Receiving foreign currency from an overseas account is simple with our Incoming International Payments Service.