Telegraphic transfers are convenient means of forwarding funds overseas. They are commonly used by businesses engaged in import or export transactions, or by people sending money overseas to relatives or friends.
A telegraphic transfer is an electronic way to transfer money to an overseas correspondent, instructing them to pay to a named party (beneficiary) a specified sum of money by order of the remitter (applicant).
A telegraphic transfer is the quickest means whereby the beneficiary generally receives payment within 24 hours of dispatch in local or foreign currency.
Features at a glance
|Tailored business solution
- Arrangements via ANZ to facilitate payments between our customers and organisations overseas
- Exchange control regulation in all instances.
- Economical and a safe method of transferring funds to overseas countries.
Find out more
Find out more about arranging a telegraphic transfer by visiting your local ANZ branch or call 132 411 (local) or +679 321 3000 (overseas) to speak to an ANZ specialist today.