Sending Money Overseas

Outward Telegraphic Transfers

A Telegraphic Transfer transmits funds electronically to an overseas bank account in a specified currency. Funds are deposited directly into the payee’s bank account to be accessed easily by the payee.

To request a Telegraphic Transfer you will need to complete the Telegraphic Transfers Order Form. More details on this can be found in the FAQs below.

FAQs

 Available Currencies - Over 130 currencies available

 How much do they cost?

 Why should I ask my sender to send money via this service?

 What details do I need to provide?

 How long will it take to send a Telegraphic Transfer?

Drafts

Like a bank cheque made out in a foreign currency, Drafts are an easy and affordable way to make a payment overseas. Drafts can be sent via mail and are available in a wide range of currencies.

FAQs

 Available Currencies

 How much do they cost?



The financial products (Drafts and Telegraphic Transfers) referred to in this communication are provided by Western Union Business Solutions (Australia) Pty Ltd ABN 24 150 129 749 AFSL 404092, trading as Western Union Business Solutions (“WUBS”), under its agreement(s) with Heritage Bank Limited ABN 32 087 652 024 AFSL 240984 (Heritage).

Fees and charges and terms and conditions apply.

It's important for you to consider the relevant Product Disclosure Statement (“PDS”) and any other relevant WUBS documents before you decide whether or not a financial product is right for you.

A Draft PDS is available for each financial product issued by WUBS from Heritage or on the compliance section of our website http://business.westernunion.com.au/about/compliance/.

Any advice provided above is general and does not take account of your personal objectives, financial situation or needs.

This communication has been prepared solely for informational purposes and does not in any way create any binding obligations. The customer relationship relating to the financial products referred to in this communication are solely between you and Heritage.

No representations, warranties or conditions of any kind, express or implied, are made in this communication.

Western Union Business Solutions is an operating division of the Western Union Company. Western Union is the issuer of the financial products referred to in this communication.

We do not provide advice about this product based on any consideration of your personal objectives, financial situation or needs.


* Home loan comparison rate based on a $150,000 loan over 25 years.  Fixed loan comparison rate applies only for loans with an LVR of 80% or less and a loan amount of $150,000 to $249,999.  WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Interest rates are on a per annum basis. Rates are correct as stated and subject to change without notice. Rates shown are for new loans and do not apply to switches or internal refinances.

Home Advantage Variable rates include discounts shown from the Standard Variable rate. Home Advantage Living Equity rates include discounts from the Living Equity rate. Discounts are based on total lending in the package. Discount Variable LVR rates are for new lending and include discounts from the Discount Variable Loan Rate.  Discounts are not available in conjunction with any other interest rate discount or special offer. All fixed rates are fixed for the period stated and revert to the variable rate applying at expiration of the fixed term. To approved applicants only. Conditions, criteria and fees apply.

Loan to Value Ratio (LVR) is the loan amount divided by the value of your security property (determined by Heritage Bank at assessment), multiplied by 100. Owner Occupied loans have a maximum LVR of 95%, Investment loans have a maximum LVR of 80% and Living Equity has a maximum LVR of 80%. Heritage is not accepting any new investment applications until further notice.

This advice has been prepared without taking into account your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness having regard to your objectives, financial situation or needs.

Generate a personalised Key Fact Sheet based on your loan amount, term and repayments. This tool is provided to help you compare home loans from Heritage with other financial institutions.