Europe
SEND MONEY TO EUROPE
BFX Money Transfer provides fast, secure and easy money transfers to just about anywhere in Europe, with convenient delivery options for everyone.
ACCOUNT DEPOSIT IN LOCAL CURRENCIES
Your recipient can have the money deposited directly into their local currency account in several European countries.
See all recipient countries
ACCOUNT DEPOSIT IN EURO
Your recipient can have the money deposited directly into their Euro bank account in any SEPA member country.
See all recipient countries
What is SEPA?
SEPA stands for Single Euro Payments Area, and is an agreement between countries within Europe aiming to make transfers within Europe the same as domestic transfers. SEPA is made up of the Euro zone, countries within the EU and a few other countries which also support Euro bank transfers.
What is IBAN ?
An International Bank Account Number (IBAN) is used in some countries to uniquely identify a customer’s bank account. The IBAN consists of an alphabetical country code, followed by two digits, and then up to thirty five characters for the bank account number. IBAN is a mandatory requirement for sending payments to Europe and to many other countries.
What you need to know...
Basic Information
Standard Fee
AUD $0 fees for all amounts over AUD 1000
Concessional lower fee available during special promos and offers
Delivery time
Priority Payments (SWIFT)
1-2 business days, after receipt of AUD funds into our bank account
Service available from Monday to Friday
All Business Transfers are sent via SWIFT.
Available for Personal Transfers too.
Available through all agent outlets
Regular Payments (SEPA)
2-3 business days, after receipt of AUD funds into our bank account
Service available from Monday to Friday
Available only for Personal Transfers.
Available through all agent outlets.
Amount Limit
Minimum Send Amount : AUD 250 (per transfer)
Maximum Account Deposit No Limit
Receive Amount
SWIFT
Recipient/Intermediary banks may deduct their charges for SWIFT payments.
SEPA
Full amount of your transfer is normally paid to the beneficiary without any deductions.
It is worth checking with the recipient bank to find out if they will charge to receive SWIFT wire transfers.
Receiver’s details required
Account Deposit
Recipient’s full name, address and bank account details including account number and (IBAN)
IBAN should be between 15 and 31 characters long (letters and numbers) depending on the country. For a list of SEPA countries and IBAN lengths, see here
Amendments
Free of charge if done prior to release of payments by us.
Amendments are normally NOT possible after release of payments.
Cancellations
AUD 25 fee for all cancellations
Foreign exchange loss on conversion and deductions/charges of banks/payment partners etc. will be recovered from the customer.
Business Transfers
Business Transfers can be done in Euro or in any of the Local Currencies
Business Transfers can also be made to beneficiaries in India in USD, EUR, GBP etc.
To know more, please see ‘Business Transfers’.
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