Australia - Tranglo

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Australia

Bank account

TYPEDESCRIPTION
Area availability Available across Australia
Service type B2B / B2C
Currency AUD
Payout channel Bank transfer
Transaction turnaround time NPP
Within 5 minutes, available 24x7

Direct Entry (BECS)
T+1 Australia banking days, available 24x7
Transaction limit Minimum limit per transaction: AUD 1.00
Maximum limit per transaction: AUD 100,000.00
Compliance daily limit per beneficiary: AUD 30,000.00*

*The transaction will be held for review if the sender or receiver exceeds the compliance limit
Amount received Beneficiary received net amount as specified by sender.
Maximum number of beneficiaries No limit
Validation No account validation
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® Service System and forwarded to the payout channel.
Cancellation Cancellation is on a best-effort basis.
Remarks Banking days in Australia are from Monday to Friday.

Important notes
a) Only account numbers registered under the NPP (New Payments Platform) are supported.
b) Transactions are processed via NPP if supported by the beneficiary bank and account. Otherwise, it will be routed through Direct Entry (BECS).

Required details for transactions to Australia
a) Beneficiary name must match the name registered with Australian bank.
b) Beneficiary mobile number, ID number, and DOB is mandatory.
c) BSB (Bank State Branch) bank branch identifier code is mandatory.
d) Sender address and beneficiary address are mandatory for transactions to Australian bank accounts.

Address requirements
a) Accurate details of sender and beneficiary address to Australia are necessary
• Street no.
• Unit no.
• City (bRegencyCode)
• State (bProvinceCode)
• Postal Code (bPostcode)
• Country
b) Australia postcode (bPostcode) must be 4 digits.
c) Refer here for Australia suburb reference.

Required supporting documents
a) Individual transactions require one of the following:
• Sender ID with payslip, or
• Sender ID with bank statement

b) Business transactions require one of the following:
• Company incorporation document and invoice, or
• Company incorporation document with official registration details (including country of registration)

Refer to:
Table A below for list of Australia states (bProvinceCode).
Table B below for list of purpose code for business type.
Table C below for the list of supported banks.
Do_Transfer bAccType Value 1

Table A: Australia states (bProvinceCode)

AUSTRALIA STATE CODE (bProvinceCode)AUSTRALIA STATE NAME (Description)
NSWNew South Wales
QLDQueensland
SASouth Australia
TASTasmania
VICVictoria
WAWest Australia
ACTAustralia Capital
NTNorthern Territory

Table B: Business type purpose code

NOPURPOSE CODEDESCRIPTIONSENDER TYPEBENEFICIARY TYPE
110010Goods for Processing / Manufacturing ServicesBusinessBusiness
211200Passenger FareBusinessBusiness
312500Maintenance and Repair Services n.i.e.BusinessBusiness
413110Goods and Services by TravellersBusinessBusiness
513210Goods and ServicesBusinessBusiness
613220Goods and Services by Short Term WorkersBusinessBusiness
713400Health-RelatedBusinessBusiness
813500Education-RelatedBusinessBusiness
914100Investment IncomeBusinessBusiness
1014259InterestBusinessBusiness
1114310Wages and Salaries in CashBusinessBusiness
1214320Wages and Salaries in Kind / Benefits Attributable to EmployeesBusinessBusiness
1315000Visa PaymentBusinessBusiness
1416210Construction and Installation Services in MalaysiaBusinessBusiness
1516410Explicitly-Charged Financial ServicesBusinessBusiness
1616610Royalties for Usage of Intellectual PropertyBusinessBusiness
1716740Architectural, Engineering and Other Technical ServicesBusinessBusiness
1816760Advertising, Market Research and Public Opinion Polling ServicesBusinessBusiness
1916771Legal ServicesBusinessBusiness
2016772Accounting ServicesBusinessBusiness
2116791Trade-Related ServicesBusinessBusiness
2216820Health ServicesBusinessBusiness
2316830Education ServicesBusinessBusiness
2416850Other Personal ServicesBusinessBusiness
2521210Grants and GiftsBusinessBusiness
2621220Worker's Remittances / Family MaintenanceBusinessBusiness
2731110Term Loans (Long-Term)BusinessBusiness
2831120Term Loans (Short-Term)BusinessBusiness
2931410Financial LeaseBusinessBusiness
3035000Equity CapitalBusinessBusiness
3139120Real Estate AbroadBusinessBusiness
3239210Deposits with / from Financial Institutions AbroadBusinessBusiness
3339220Deposits with / from Offshore Financial Institutions in LabuanBusinessBusiness
346000Manufactured GoodsBusinessBusiness
357000Machinery, Non-Customised Packaged Software and Transport EquipmentBusinessBusiness
368000Miscellaneous Manufactured ArticlesBusinessBusiness

Table C: Supported banks

NO NAME ISSUER CODE
1AMP Bank Limited610002
2Arab Bank Australia Limited610003
3Australia and New Zealand Banking Group Limited610004
4Australian Military Bank610005
5Australian Settlements Limited610006
6Bank Australia610007
7Bank of China Australia Limited610008
8Bank of Melbourne610010
9Bank of Queensland Limited610011
10Bank SA610013
11Bendigo and Adelaide Bank Limited610015
12Beyond Bank Australia610016
13Commonwealth Bank610017
14Defence Bank610018
15Delphi Bank610019
16Heritage Bank610021
17HSBC Bank Australia Limited610023
18Hume Bank610024
19IMB Bank610025
20ING Direct Australia Bank610026
21Macquarie Bank Limited610027
22Members Equity Bank Pty Limited610028
23National Australia Bank Limited610030
24St. George Bank Limited610036
25Suncorp-Metway Limited610037
26Teachers Mutual Bank Limited610038
27Westpac Banking Corporation610041
28Auswide Bank610043
29Citibank Australia610044
30Australia Post Money Orders610045
31Rabobank610046
32B & E Limited610047
33Bank of America National Association610048
34Bank of Communications Co., Ltd Sydney Branch610050
35Bank of Sydney Ltd610051
36Bankwest610053
37BNP Paribas610055
38BNP Paribas Securities Services610056
39Capricornian Limited610057
40Community First Credit Union Limited610058
41Credit Union Australia Limited610060
42Cuscal Limited610061
43Deutsche Bank Aktiengesellschaft610062
44G & C Mutual Bank610065
45Gateway Credit Union Limited610066
46Holiday Coast Credit Union Ltd610069
47Indue Ltd610071
48Industrial and Commercial Bank of China Limited610072
49JP Morgan Chase Bank, National Association610074
50Maitland Mutual Building Society Limited610075
51Mega International Commercial Bank Co Limited610078
52Mizuho Bank Limited610079
53Newcastle Permanent Building Society Ltd610080
54Reserve Bank of Australia610083
55Southern Cross Credit Union Ltd610087
56State Street Bank and Trust Company610088
57Sumitomo Mitsui Banking Corporation610089
58Summerland Credit Union Ltd610090
59Taiwan Business Bank Sydney Branch610092
60Tyro Payments Limited610093
61UBS AG Australia Branch610094
62United Overseas Bank Limited610095
63Uniting Financial Services610096
64Warwick Credit Union Ltd610097
65BOQ Specialist610099
66Challenge Bank610100
67China Construction Bank610101
68Regional Australia Bank610104
69Unity Bank610105
70Town and Country Bank610106
71Bankers Trust Australia610107
72MUFG Bank610108
73Volt Bank610109
74Home Building Society610112
75Pioneer Permanent Building Society610113
76Queensland Country Credit Union610114