CommBank's SWIFT code

Swift code for Australia bank: NAB, ANZ,AMP ,WESTPAC and CommBank’s SWIFT code

Last Updated on May 7, 2024 by admin

Are you searching for Swift code for Australia bank for the purpose of overseas payments and you don’t know it? The swift code is required to receive funds from overseas along with Bank account number and Bank account name

The Swift code for Australian banks is a unique identification code used to facilitate international wire transfers and ensure the seamless transfer of funds between different financial institutions.

It is typically consists of 8 or 11 characters, with the first 4 characters representing the bank code, the next 2 characters representing the country code (AU for Australia), and the last 2 characters representing the location code.

This code plays a crucial role in ensuring the accuracy and security of cross-border transactions, allowing banks to easily identify each other and route funds to the correct recipient. Overall, the Swift code for Australian banks is an essential tool in the global banking system, enabling efficient and reliable international money transfers.

When sending a payment overseas bank requires an active SWIFT/BIC to help identify the beneficiary Bank or Financial Institution.

For the purpose of this content will shall list out all the bank in Australia ans their swift code
How do you receive money from Abroad

 

Importance of Swift Codes for International Banking Transactions

SWIFT codes have immense importance in international banking transactions for several reasons:

1. Accurate Bank Identification:

  • Global Network:

    SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a vast network of banks and financial institutions around the world.

  • Unique Code: Each member institution has a unique SWIFT code (also known as a BIC – Bank Identifier Code) that acts like a precise address.
  • No Room for Error: SWIFT codes ensure funds are sent to the correct bank and routed to the intended branch, minimizing errors and delays.

2. Smooth and Efficient Transfers:

  • Standardized Format: The structured format of SWIFT codes allows automated processing of international transfers.
  • Speed: This standardization increases the speed of international transactions compared to relying on written instructions alone.
  • Reduced Fees: The accuracy enabled by SWIFT codes helps reduce the chances of errors, rework, and associated fees in the transfer process.

3. Enhanced Security:

  • Verification: SWIFT codes help banks verify the identity of the financial institutions involved in a transaction, adding a layer of security.
  • Money Laundering Prevention: The SWIFT system includes monitoring for suspicious activity, contributing to the fight against money laundering and illicit financing.

4. Global Trade Facilitation:

  • Backbone for Trade: SWIFT’s secure and standardized network makes international trade and payments more efficient and reliable.
  • Supporting Businesses: Businesses of all sizes rely on SWIFT codes to send and receive payments, facilitating seamless global commerce.

5. Transparency:

  • Tracking Transactions: SWIFT codes add to the traceability of international transactions. Senders and receivers can better track the progress and status of their transfers.

Without SWIFT codes, international banking transactions would be significantly slower, more prone to errors, potentially less secure, and costlier.

How to Find the Swift Code for an Australian Bank

Here are reliable ways to find the SWIFT code for an Australian bank:

1. Bank Website or Statements

  • Bank Website: Check the “Contact Us,” “International Transfers,” or “FAQs” sections of your bank’s website. They often list their SWIFT code.
  • Bank Statements: Your bank statement might display the SWIFT code, especially if you’ve conducted international transactions.

2. Contact the Bank Directly

  • Customer Service: Call your bank’s customer service hotline for the SWIFT code.
  • Branch Visit: Visit a branch and ask a representative to provide you with the SWIFT code.

You’ll need to provide the sender with

Here’s a breakdown of the essential information you’ll need to provide the sender to facilitate a successful international bank transfer to your account:

1.Your account name
2. Your account number
3. BSB (bank – state – branch number)
4.Bank SWIFT code

All list of Australia bank Swift Code

1.Bank name NATIONAL AUSTRALIA BANK LIMITED

SWIFT code NATAAU33XXX
Bank address BOURKE STREET, 800, FLOOR 24
City MELBOURNE
Country Australia

2.COMMONWEALTH BANK OF AUSTRALIA

SWIFT code :CTBAAU2SXXX
Bank address :SUSSEX STREET, 201, TOWER 1, GROUND FLOOR
City : SYDNEY
Country :Australia

3. AMP BANK LIMITED OF AUSTRALIA

SWIFT code :AMPBAU2SRET
Bank address : AMP BANK LIMITED, BRIDGE STREET, 50, FLOOR 31, SYDNEY, Australia
City : SYDNEY
Country :Australia

4. AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

SWIFT code ANZBAU3MXXX
Bank address QUEEN ST, 100
City MELBOURNE
Country Australia

5. Bank name :WESTPAC BANKING CORPORATION

SWIFT code : WPACAU2SXXX
Bank address :KENT STREET, 275, WESTPAC PLACE, FLOOR 1
City :SYDNEY
Country : Australia

6.Bank Name: IMB LTD TRADING AS IMB BANK

SWIFT Code: IMTIAU21
Bank Address:
Branch:
City”WOLLONGONG
Country: Australia

7. Bank Name:: Suncorp Group

SWIFT Code: METWAU4BXXX
Bank Address: ANN STREET, 80, BRISBANE SQUARE, FLOOR 23
Branch: XXX
City: BRISBANE
Country: Australia

8 Bank name: Beyond Bank Australia

Bank address: 100 Waymouth St Adelaide SA 5000
SWIFT/BIC Code: CUSCAU2SXXX
Branch No: 325-185
Account No: BSB (325-185) followed by your Account Number
Account Name: Your name
IBAN(optional): BSB (325-185) followed by your Account Number

 

9. Bank name: Bank of Sydney ltd

Bank of Sydney swift code: LIKIAU2S.
Branch address :PITT STREET, 62, FLOOR 1
Branch code :XXX
City :SYDNEY
Country : Australia

 

10 Bank names :Bank of Melbourne

Bank of Melbourne SWIFT code/SWIFT BIC Address, which is: SGBLAU2S.

11.bank name: Macquarie Bank

The SWIFT code for your Macquarie Bank account is MACQAU2S.

 

12, bank name: Bendigo Bank

To recieve money fromabroad to Bendigo Bank account.
You will need to provide the sender with the following information:

1.Your name and address.
2.Your Bendigo Bank account number.
3. Bendigo Bank BSB – 633000.
4, Bendigo Bank Swift Code – BENDAU3B

 

13. Account Name: BOQ [Customer Name]

Account Number: BOQ Account Number
bank name : Bank of Queensland Limited
Beneficiary Bank Address: Level 6/100 Skyring Terrace, Newstead, Queensland, 4006
Bank of Queensland Swift/ BIC Code: QBANAU4B

 

14,Bank name; Adelaide Bank

BSB: 610-101
Adelaide Bank SWIFT code: BENDAU3B
Adelaide Bank address: 80 Grenfell Street, Adelaide, South Australia, 5000

15.Bank Name: Bankwest

The Bankwest SWIFT code is : BKWAAU6P.

 

Frequently Asked Questions

 

Q; What is the difference between a Swift code and an IBAN?

A;  Swift code and an IBAN are both used in international banking transactions, but they serve different purposes. A Swift code, also known as a BIC code, is used to identify a specific bank during international money transfers. It consists of 8-11 alphanumeric characters and helps ensure that funds are sent to the correct financial institution.

On the other hand, an IBAN (International Bank Account Number) is used to identify an individual’s bank account in a particular country. It includes the country code, check digits, and the recipient’s account number, providing a standardized format for cross-border payments. In summary, while a Swift code identifies the bank, an IBAN specifies the account within that bank, making both essential for secure and efficient global fund transfers.

Q: Can I use the same Swift code for all branches of a bank?

A:Yes. Use the first 8 characters of the SWIFT code. That is the SWIFT code of the bank’s main branch. The three digits after that are optional for directing it to a particular branch, but most banks prefer that you send it to the main branch anyway.

Q; Are there any fees associated with using Swift codes for international transfers?

Yes, there are several fees you might encounter when using SWIFT codes for international transfers.

Meet Ogbeide Frank, popularly known as perere, a blogger who loves writing about finance and Tech. He studied Business administration at the Ambrose Alli University Ekpoma and Mobile Communication at Orange College Malaysia .Frank have worked as a banker and consultant in variety of Nigeria agencies

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