Overseas telegraphic transfers - Products & services

Overseas telegraphic transfers

Telegraphic Transfer is a means of electronically making payments between banks and is more efficient than ‘drafts’, which is a paper based system.

ANZ Royal Bank offers a full range of payment capabilities including:

Key Features

Saves time

Telegraphic transfer is one of the quickest and most effective ways to make payments (or receive funds) worldwide in as little as 24 hours. However, due to time zone differences please enquire and let us know of your need to enable us help you.

Security

A message is transferred by ANZ Royal Bank’s secure SWIFT system to our overseas correspondent instructing them to pay a beneficiary a specified sum of money at the request of our customer. The beneficiary may bank with ANZ Bank or another bank.

Convenience

We understand that a lot of time and effort can be spent by our customers in reconciling payments / receipts. ANZ Royal Bank’s Internet banking services sitting alongside our Payment Services provides you a daily update of payments made and funds received.

Choices

Please refer to our Foreign Exchange Services section for the ‘currency choices’ ANZ Royal Bank provides for Payments (and receipt of funds). These have the potential to provide you added benefits.

Timing and Trust

ANZ Royal Bank is part of the ANZ Banking Group global network, giving you confidence that ANZ Royal Bank in Cambodia has the know-how to ensure your foreign exchange payments and receipts will not be delayed and will always reach the beneficiary.

Foreign Currency Accounts

You are able to transfer or receive funds in USD or other major currency, so that you benefit from our payment services. For details of this value-add service please refer to our Foreign Exchange Services section.

Drafts