NAB Money Transfer & Exchange Rates

Your Currency

Exchange to

Amount

Compare to bank

NAB

National Australia Bank (NAB) offers several simple-to-use products for its banking members, including; receiving and transferring money overseas, live exchange rate information and beaurex de change for travel money.


How to use NAB for international money transfer

A money transfer can be made online or by visiting a NAB branch. The for detailed instructions on the NAB international money transfer process, follow this link. To make international payments you'll need to be registered for NAB SMS security and "pay anyone" access. For further questions, the NAB support centre can be contacted. NAB business banking customers can also use the internet banking portal to manage payments, purchase international telegraphic transfers and/or international cheque applications.

National Australia Bank is able to send money to over 100 countries around the world from your everyday accounts and if you send money online, it is faster and cheaper than going into a branch. You money will be protected by state of the art NAB Defence to ensure your funds arrive safely at its destination.

NAB Defence

To ensure your money reaches the right international destination, NAB Defence monitors and sends alerts for suspect fraudulent activity on all your accounts.

KEY INFORMATION

Transfer Limits

The transfer limit for international money transfers processed online will be equal to your ‘pay anyone’ limit. This is usually $5,000 but can extend up to $20,000 when you are registered for SMS security. For larger transfers, you can request to increase your limit or visit a local branch.

Transfer Time

The time for a transfer to process will be influenced by the currency pairs exchanged and the amount of money being transferred. For example, transferring a larger amount of money to a less commonly used currency may take longer. In general, NAB will process transfers within 1-3 business days. International transfers made on weekends or public holidays will be processed on the next business day. To ensure transfers are processed and sent on the value date, you will need to complete the transaction before the currency/country cut off times. These are listed on the NAB website.

Transfer Fees

NAB charge a standard fee of $22 for an international transfer processed through online banking. For periodic payments, you may be able to receive lower charges.

MORE INFORMATION ABOUT NAB

How a transfer can be made:



 

To make an international money transfer with NAB you will need to be a banking customer of NAB. You will also need to be registered for SMS security and pay anyone. You will need information on the beneficiary, including banking details, IBAN (for payments to UK/Europe) and physical address. Once you have completed the transfer, you can view its status by logging in to NAB, opening the ‘Funds Transfer’ menu and selecting ‘Payment list’. If a transaction is processed correctly you will receive a processing acknowledgement from NAB.

PROS

  • Safe and secure processing
  • Over 100 currencies available
  • Charge a flat fee

CONS

  • High fees
  • Must be a banking member of NAB
  • Limited daily limit unless manually altered.

Rates table

AED » AUD 2.8596 AUD » AED 0.3497
BDT » AUD 66.6667 AUD » BDT 0.0150
BGN » AUD 1.2837 AUD » BGN 0.7790
BHD » AUD 0.2935 AUD » BHD 3.4072
CAD » AUD 0.9705 AUD » CAD 1.0304
CHF » AUD 0.7183 AUD » CHF 1.3922
CNY » AUD 5.0327 AUD » CNY 0.1987
CZK » AUD 16.8067 AUD » CZK 0.0595
DKK » AUD 4.8780 AUD » DKK 0.2050
EUR » AUD 0.6558 AUD » EUR 1.5249
FJD » AUD 1.6041 AUD » FJD 0.6234
GBP » AUD 0.5654 AUD » GBP 1.7687
HKD » AUD 6.0350 AUD » HKD 0.1657
HRK » AUD 4.9188 AUD » HRK 0.2033
HUF » AUD 232.5581 AUD » HUF 0.0043
IDR » AUD 10000.0000 AUD » IDR 0.0001
ILS » AUD 2.5549 AUD » ILS 0.3914
INR » AUD 57.1429 AUD » INR 0.0175
JOD » AUD 0.5628 AUD » JOD 1.7768
JPY » AUD 85.4701 AUD » JPY 0.0117
KES » AUD 85.4701 AUD » KES 0.0117
KWD » AUD 0.2350 AUD » KWD 4.2553
LKR » AUD 156.2500 AUD » LKR 0.0064
MAD » AUD 6.9396 AUD » MAD 0.1441
MUR » AUD 32.1543 AUD » MUR 0.0311
MXN » AUD 16.0256 AUD » MXN 0.0624
NOK » AUD 6.7340 AUD » NOK 0.1485
NZD » AUD 1.1125 AUD » NZD 0.8989
OMR » AUD 0.2996 AUD » OMR 3.3378
PGK » AUD 2.7465 AUD » PGK 0.3641
PHP » AUD 37.8788 AUD » PHP 0.0264
PKR » AUD 125.0000 AUD » PKR 0.0080
PLN » AUD 2.9913 AUD » PLN 0.3343
QAR » AUD 2.8321 AUD » QAR 0.3531
RON » AUD 3.2352 AUD » RON 0.3091
SAR » AUD 2.9163 AUD » SAR 0.3429
SBD » AUD 6.7159 AUD » SBD 0.1489
SEK » AUD 6.6979 AUD » SEK 0.1493
SGD » AUD 1.0466 AUD » SGD 0.9555
THB » AUD 24.2718 AUD » THB 0.0412
TOP » AUD 1.8278 AUD » TOP 0.5471
USD » AUD 0.7775 AUD » USD 1.2862
VUV » AUD 86.2069 AUD » VUV 0.0116
WST » AUD 2.0141 AUD » WST 0.4965
XPF » AUD 78.1250 AUD » XPF 0.0128
ZAR » AUD 11.1857 AUD » ZAR 0.0894

ABOUT THE COMPANY

NAB was founded in 1982 and is one of the major 4 banks in Australia. Headquartered in Melbourne, NAB serves over 10 million customers, has over 800 locations worldwide, over 4,000 ATMS in Australia and employs over 35,000 people. In 2014, NAB was the 41st largest bank worldwide, offering a full range of banking products to individuals and businesses.

What are you waiting for?

If you need to make an internation payment, look no further. Join the 111,000+ clients around the world who are benefitting from our services.