ANZ International Money Transfers

ANZ offers a secure, quick and easy way to transfer money into an overseas account. The money is transferred electronically to the nominated bank account, usually within two business days.

You can transfer local currencies to more than 99 countries with ANZ, which is beneficial if you need to send money to more exotic countries that alternative providers may not support.

ANZ’s exchange rates

ANZ offers real-time exchange rates when you send money overseas using ANZ Internet Banking, meaning the exchange rates are constantly updated. ANZ does charge a margin on top of the interbank exchange rate (known as the real exchange rate), with this margin varying between currencies.

The table below demonstrates an example of the exchange rates offered by ANZ for PHP40, compared to the interbank exchange rate across a range of the most popular currencies. As you can see from the below exchange rates, ANZ has applied a margin of about 2% on top of the interbank exchange rate. This table serves as an example of the rates offered by ANZ only, and you should always source a quote for the current exchange rates offered by the bank and the full list of currencies available.

*These figures were correct as of 12 April 2018 at 3:00pm.

Minimum transfer amount and available countries

The amount you can transfer overseas depends on your daily Pay Anyone limit, that you set up when registering your relevant ANZ account. For example, if you’ve set up a daily Pay Anyone limit on your ANZ transaction account of PHP10,000, you cannot send more than this per day via an international money transfer with ANZ.

For business customers, the maximum amount you can transfer overseas is PHP6,000,000.

Currencies available with ANZ (online)

What types of transfers can you carry out with ANZ?

What are my customer service options?

If you’re ever stuck when you’re transferring funds with ANZ, you can always pop into their Philippines branch.

• Solaris One
  Level 14, 130 Dela Rosa Street
  Legaspi Village
  Makati City 1229

What’s the registration and transfer process?

To send money internationally, you’ll need to be an existing ANZ customer. Then, follow the following steps to make a transfer:

1. Gather everything you need. Make sure you have the details you need to provide to ANZ, including:

• The amount you’d like to send and in which currency
• Your recipient’s full name, residential address and account number
• Details for your recipient’s bank including the name, address and SWIFT BIC or Branch Number
• IBAN (for payments to Europe) or Routing Number (for the US)

2. Facilitate the transfer. Log in to your ANZ Internet Banking (or call ANZ) and facilitate the international transfer, by providing all the transfer details and accepting the transaction. You’ll have an opportunity to review the current quoted exchange rate for your transfer before proceeding.

3. Transfer complete. ANZ will take care of the rest. You can track the status of your transfer via ANZ Internet Banking.

What are the pros and cons of using ANZ to send money overseas?

Alternatives to ANZ Philippines

Check out these other alternatives to ANZ that you can use in the Philippines. Enter how much you want to send in the calculator below and see what your transfer could look like.

Frequently asked questions about ANZ international money transfers

• When will the recipient receive the payment?

  It depends on how long the recipient’s bank takes to credits the amount. Typically, if all goes well and the correct details are provided it takes two working days.

• Do I need to be an existing ANZ customer to transfer money?

  Yes, you’ll need to hold a transaction account or credit card with ANZ. While ANZ doesn’t have the most competitive exchange rates, they do provide a lot of support for their customers who want to transfer money internationally. As a large bank, you can also have peace of mind in terms of security when transferring your funds.