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The fastest way to send money to an overseas account is electronically with a telegraphic transfer.
Telegraphic transfers are the preferred method to make large value international payments as they are processed quickly, cost-effectively and securely in over 100 currencies.
A draft (foreign currency cheque) can be posted overseas for the recipient to deposit directly into their account.
Drafts are an ideal payment method when you have small amounts to pay, or you do not know the banking details of the person you are sending money to. Drafts are available in over 10 currencies and are typically available within 72 hours of ordering.
For further information please refer to the Product Disclosure Statement (PDS). The information contained in this document has been prepared without taking into account your objectives, financial situation or needs. You should read the PDS and consider the appropriateness of International Payments in relation to your individual requirements. International Payments are arranged through American Express International, Inc. (ABN 15 000 618 208, AFSL No. 237996). Incorporated with limited liability in Delaware, USA. ®Registered trademark of American Express Company.