All payments from an overseas account to your bank account can only be made in Australian dollars. All payments made in foreign currency will be returned to sender.
Returns can take up to 10 working days and, while we won’t deduct any fees, fees may be incurred from intermediary banks. This means the sender may receive less funds than what was originally sent.
Funds can be transferred from an overseas bank account into the following accounts:
- Trust account
- Business account (formerly known as Cheque account)
- At Call Investment account
- Term Deposit account.
When depositing funds into your account, the depositor or remitter needs to include the following details:
- Bank name: Macquarie Bank Limited
- Bank address: 50 Martin Place, Sydney, NSW 2000
- SWIFT (BIC): MACQAU2S
- Your account name
- Your account number
- Your account BSB number.