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Telegraphic Transfer

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Send money overseas with a Telegraphic Transfer

  • Send funds via My ViewPoint (MVP) Internet Banking
  • Available in a wide range of currencies
  • Quick and easy

A telegraphic transfer is an electronic credit of funds into an overseas bank account. Transfers are available in a wide range of currencies.

Transfers are sent via a network of correspondent banks. 

If the funds are needed urgently, a telegraphic transfer is normally your best money transfer option.

LCU takes its Anti Money Laundering & Counter Terrorism responsibilities very seriously. As a result, you must provide us with an address of the sender and receiver of your transfer, as well as all the account details you want to send the funds to. A new requirement is that, for all transfers to European countries, you must tell us the IBAN^ (International Bank Account Number) of the receiver.

  Additional information


If you have any questions, please contact us.

Laboratories Credit Union has entered into contractual arrangements with Convera Australia Pty Ltd (ACN 150 129 749; AFSL 404092), to assist it in fulfilling certain foreign exchange and payment services, including telegraphic transfer. The relationship relating to the services described is solely between you and Laboratories Credit Union. Fees and charges may apply, please refer to the terms and conditions issued by Laboratories Credit Union. Any advice provided by Laboratories Credit Union is general in nature and does not take into account your personal objectives, financial situation or needs. Convera does not give you any advice, general, personal or otherwise. This communication has been prepared solely for informational purposes and does not in any way create binding obligations. No representations, warranties or conditions of any kind, express or implied, are made in this communication. 

1. Funds are usually received by the beneficiary’s bank in 2 to 3 business days, however, there may be a delay in the beneficiary bank allocating funds to the beneficiary account. There is no delivery guarantee. Some currencies may take longer than others to process.
**Please note that International Payments are sent via a network of correspondent, intermediary and/or beneficiary banks, which sometimes levy a small handling charge on your payment. Any such fees, and payment delays, are out of our control.
^ IBAN is used in some countries to uniquely identify a customer’s bank account. An IBAN is necessary for payments being sent from Australia to an IBAN mandatory country.


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