how to send money to commonwealth bank in australia

How to Send Money to Commonwealth Bank in Australia

Do you have a friend or family member with a Commonwealth bank account in Australia to whom you need to send money?

Exchange4free offers an easy to use online platform for you to transfer your money at a great foreign exchange rate and at no fees. Our process is simple and can be completed in a few steps:

  1. Register an account and send the required documents to us
  2. Once your account is activated login and select the 'Send Money Online' option
  3. Enter the details for your money transfer; countries, currencies and amounts
  4. Book an exchange rate at which to convert and send your money
  5. Setup a beneficiary account where your money will be transferred. You will need your beneficiary's Commonwealth Bank Account details for this step.
  6. Review your money transfer details and confirm your transfer
  7. Select your payment method for example EFT (electronic funds transfer payment)
  8. Transfer your money to our Exchange4free Clearing Account

Our payments department will make a payment to your recipient's Commonwealth Bank Account once your money is received into our Exchange4free clearing account. The money will then clear into their account within 2/3 days. It's that simple to send money online from overseas to Commonwealth Bank in Australia.

Some of our extra benefits and services include:

  • the ability to book a money transfer any time of the day, 7 days a week
  • make payment requests to people overseas that owe you money
  • no fee transfers - you pay no international transfer or receiving fees
  • no hidden costs or commissions, the amount we say will be sent to your recipient is the amount they will receive.
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