Receiving Funds From Overseas


Heritage offers two options for receiving money from another country into Australia. Each method has its advantages depending on your circumstances. The time-frame for receiving funds from overseas is dependent on the country and financial institution the funds are being processed from.
Inward Telegraphic Transfers
If you’re receiving regular or one-off foreign currency payments, this may be the ideal solution. When you’re bringing money across from another country, transaction charges from the banks can take a big chunk out of your payment. Instead of saying goodbye to your cash, you can choose an easy way to receive your payment at a much lower cost.
Real Time Gross Settlement
Funds can be sent from an overseas financial institution directly to a Heritage account via Real Time Gross Settlement (RTGS).
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