About Money Transfer
Payment Options
Payout Methods
Fees & Charges
Help and FAQ
   
Friday, 21 November 2008
Fees & Charges Print E-mail
The flat fee is paid directly by you and is based upon the amount of currency that is transferred to the recipient.

The flat fee is not contingent on exchange rates and its charged when your funds have cleared in our accounts, and deducted directly from those funds.

BEO-Export uses Westpac Bank Foreign Exchange Rate Bank Spot Sell - Notes to calculate and determine the amount for cash payouts and Bank Spot Sell - TT to calculate and determine the payout amount for Transfers to Bank Accounts.

 Money Transfer Guarantee

Transferring money from Australia

Fees - Cash Payouts

The table on the right outlines BEO-Export's fee structure based on the amount of Australian Dollars that are to be transferred overseas. Please note that additional fees may apply for extra transaction services used as listed bellow under the 'Additional Fees' heading.

Additional Fees - Cash Payouts:

Additional transaction services associated with BEO-Export's cash payouts:

    • Delivery of a payout to the recipient's home address via Overseas Representative $10AUD
    • Delivery of a payout to the recipient's home address via Post Office services 3% - 5% of the amount to be transferred
    • Cancelling a transfer after it has been requested $30 AUD 

Examples:

example 1
example 2
Note: Euros (EUR) were used for example purposes only. The exchange rates in the example are not the current exchange rates.


Telegraphic Transfer fees

The table on the right outlines BEO-Export's fee structure based on the amount of Australian Dollars that are to be transferred overseas. If using TT direct to the recipient's account, you will need to contact BEO-Export.

Additional Fees - Telegraphic Transfer:

Additional transaction services associated with BEO-Export's Telegraphic Transfers:

  • Intermediary Bank charge - $40 AUD
    Instead of recipient payng intermediary bank charge, you as the sender now have the option to do this.
  • Amendment to Telegraphic Transfer Instructions - $25 AUD
    Applies if you request us to change details on a telegraphic transfer after we have remitted the funds.
  • Rejected Telegraphic Transfer - Other bank fee applies
    Applies where a telegraphic transfer is rejected by another bank due to incorrect or missing information that you have provided. The returning bank generally deducts a fee from the amount returned which is passed onto you. The amount will vary from bank to bank.
  • Cancelling a transfer after it has been requested $30 AUD
 

Daily Exchange Rate & Calcurator
Westpac Foreign Exchange Rate
Please use Bank Spot Sell Notes for cash payouts or Bank Spot Sell TT for Transfers to Bank Accounts.
Westpac Exchange Calculator
Buying Euros in the form of Notes for cash payouts or Bank Spot Sell TT for Transfers to Bank Accounts.
Fees
Fees - Cash Payouts
FROM $
TO $
FEE $ (AUD)
0.00 100.00 15.00
100.01 200.00 20.00
200.01 300.00 25.00
300.01 400.00 30.00
400.01 500.00 35.00
500.01 750.00 40.00
750.01 1,000.00 50.00
1,000.01 1,500.00 60.00
1,500.01 2,000.00 70.00
2,000.01 3,000.00 80.00
3,000.01 4,000.00 90.00
4,000.01 5,000.00 100.00
5,000.01 10,000.00 2% of the amount to be transferred
Over $10,000.00 $200.00 plus 1%* of the amounts over $10,000.00,
*This is for cash payouts only.

 

Fees - Transfers to Bank Accounts (Telegraphic Transfers - TT)
FROM $
TO $
FEE $ (AUD)
0.00 10,000.00 20.00
10,001.00 20,000.00 0.00
Over 20,000.00 $0.00 - Discount*
* Discount of up to 0.5% on Paymnet Amount. If using TT direct to the recipient’s account, you will need to contact BEO-Export.


Disclaimer: Please refer to the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) before you purchase this product.
PDF Combined FSG and PDS (740KB) - PDF Terms & Conditions (169KB) - icon Privacy Policy (182KB) 

© 1998-2007 Copyright BEO-EXPORT Australia Pty Ltd - ABN: 55 074 232 830. BEO-EXPORT Australia Pty Ltd has an Australian Financial Services Licence (AFSL number 294171) to deal in foreign exchange issued and regulated in Australia by Australian Securities and Investment Commission (ASIC).


 



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