In order to send a SWIFT payment to AUSTRALIA it is highly recommended to meet the following recommendations:
Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, BSB number, account number, and beneficiary bank address. For all transactions in and out of Australia, including those paid through an intermediary bank, the full name (no initials), account number, and address of both the ordering and beneficiary customers must be included. Include city, state, country and postal code for addresses; P.O. Box numbers are not permitted. Beneficiary Bank must include SWIFT BIC with a branch identifier (if required), full name, and address. The 6-digit Bank State Branch (BSB) number must be included in the ordering and beneficiary details. SWIFT BICs are either 8 or 11 alphanumeric characters: xxxxAUxx or xxxxAUxxxxx. Banks are obligated to report international funds transfers to or from Australia to AUSTRAC. For more details refer to the AUSTRAC website.For the following financial institutions in AUSTRALIA you can find a list of their correspondent banks with the currencies and nostro accounts. Also you will find an instructions how to track the payments and other useful information which will help you to send/receive a SWIFT funds transfer or investigate a status of existing payment.
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