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Receiving Money from Overseas

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Get even more from your international transactions with our inward payments service

With the fall in value of the AUD it’s a great time to be receiving foreign currency transfers. And with our inward payments service, there’s no need to lose money in transaction charges and fees. We’ve teamed up with global foreign exchange specialist, Western Union Business Solutions to give you access to accounts in over 40 countries for fast, secure and low-cost international bank transfers.

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When you transfer money into your Select Encompass account using our inward payments service, everyone saves. And with transactions available in over 35 currencies, it’s a service you can use for all sorts of regular and one-off international payments:

  • Pension payments
  • Money from friends and family
  • Tuition fees
  • Savings or proceeds of sale
  • Salary or invoice payments from overseas

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Certain financial products (namely wires and telegraphic transfers) are provided by Western Union Business Solutions (Australia) Pty Ltd ABN 24 150 129 749 AFSL 404092, trading as Western Union Business Solutions (“WUBS”), to your Financial Institution pursuant to its agreement(s) with your Financial Institution. Other financial products (namely drafts) are provided directly by WUBS to you, pursuant to its agreement(s) with your Financial Institution. Please note that fees & charges and terms & conditions apply and may vary depending upon the financial product.