Overseas Drafts - Travel & foreign exchange

Overseas Drafts

An Overseas Draft is a bank cheque that can be drawn in foreign currency, or Australian Dollars, and encashed at an overseas financial institution. It is a traditional and simple method of making foreign payments which is still favoured by many customers.

Note: An Overseas Draft may only be purchased using an ANZ transaction account or ANZ credit card account.

Key features

Cost Effective

Overseas Drafts can offer an economical way to send small or large amounts overseas.

They also allow a known amount to be paid to the beneficiary (no charges are deducted prior to presentation of the draft). It does take longer for the beneficiary to receive the value.

Multiple currencies available

Currencies available through ANZ may include:

AED – United Arab Emirates Dirham
AUD – Australian Dollar
BDT – Bangladeshi Taka
CAD – Canadian Dollar
CHF – Swiss Francs
DKK – Danish Kroner
EUR – Euros
FJD – Fijian Dollar
GBP – Great British Pounds
HKD – Hong Kong Dollar
INR – Indian Rupee
JPY – Japanese Yen
LKR – Sri Lankan Rupee
NOK – Norwegian Kroner
NZD – New Zealand Dollar
PGK – Papua New Guinean Kinar
PHP – Philippians Peso
SBD – Solomon Islands Dollar
SEK – Swedish Kronor
SGD – Singapore Dollar
THB – Thai Baht
USD – United States Dollar
VUV – Vanuatu Vatu
WST – Samoan Tala
XPF – New Caledonian Francs
ZAR – South African Rand

Who would use this product?

ANZ customers who may not know the banking details of the beneficiary or who wish to send a cheque as a preferred method of payment.

How to buy an Overseas Draft

ANZ branches and ANZ Foreign Exchange Centres
Overseas Drafts can be purchased using an ANZ transaction account or ANZ credit card account through all ANZ branches and ANZ Foreign Exchange Centres.
ANZ Internet Banking
Overseas drafts can be purchased online via the International Services tab in ANZ Internet Banking using an ANZ transaction account or ANZ credit card account.
ANZ Phone Banking
Overseas drafts can be purchased using an ANZ transaction account via ANZ Phone Banking by calling 1800 352 535 (free call) in Australia, 8.00am to 8.00pm AEST, Monday to Friday.

What fees are involved?

Please refer to the ANZ Personal Banking General Fees and Charges (PDF 312kB) document.

For further assistance, you can contact ANZ's dedicated International Payments Support Centre on 1800 681 683 (free call) or outside Australia on + 61 3 9277 2499 (costs apply).

Internet Banking – transferring funds overseas FAQs

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.

ANZ recommends you read the Product Disclosure Statement and the Financial Services Guide before acquiring the product.

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