You need the recipient's details
Recipient's name, their account name and home address. The SWIFT or Bank Identification Code (BIC) of the recipient's bank. Sometimes you'll be asked for a BIC and sometimes a SWIFT – they're the same thing. Recipient's International Bank Account Number (IBAN) or bank account number.
If you are transferring money to an overseas bank account, you won't need a BSB number as BSBs are unique to Australia's banking system. Other countries have their own systems for identifying the bank and branch of accounts.
All you'll need to do is provide some details including your name, account number, residential address, your bank's name and a SWIFT or a Bank Identifier Code (BIC). You can request these from your bank.
Money sent from another country can be deposited directly into your bank account via wire transfer. You need only supply the sender with your bank data, including your complete name, bank account number, sort code, and IBAN and SWIFT codes.
To keep your information safe, we suggest only providing your BSB and account number to people you know and trust (such as family, friends or your employer etc.)
In this sense, they're very similar to SWIFT codes. However, BSB numbers are intended for local transactions, rather than international transfers. So, if you're transferring money to an Australian account from outside the country, you don't need to use a BSB code, as the SWIFT code contains the same information.
BSB codes are not the same as IBANs (International Bank Account Numbers).
Your banking and personal details should be kept private and off social media. Even sharing them with friends could put them at risk. Fraudsters can send an email or text to try to steal your details.
It's generally considered safe to give out your account number and sort code, but you should always use common sense and avoid sharing your bank details with people you don't know or expect payments from.
If fraudsters can combine your bank details and other easy-to-find information — such as your Social Security number (SSN), ABA or routing number, checking account number, address, or name — they can easily begin to steal money from your account.
NATAAU33 Swift Code - National Australia Bank Limited | OFX.
Before overseas payments are processed, you will need to provide: CommBank's SWIFT code: CTBAAU2S.
A banking BSB code is a six-digit number used to identify the individual branch of an Australian financial institution. The BSB code is used in addition to the bank account number to identify the recipient of a transfer. The format of the BSB code is XXY-ZZZ.
The first six digits make up your BSB (like 306-089) and the next seven digits make up your account number (like 0001234). If you know the store your account was opened at, you can also search for that store's BSB number.
Sending or receiving a money transfer using your bank account? You'll need a SWIFT/BIC code for international bank transfers to and from the United States.
What is the safest way to accept payment? Besides cash, a certified check is the safest way you can receive a payment to your business.
When you want to transfer money to someone, you'll need the recipient's BSB as well as their account number. And you'll need to give your BSB and account number to anyone transferring money to you. Did you know?
Most bank transfer fraud is done through mistaken identity – rather than a fault in the system. So you must trust that the recipient is credible before the transfer is undertaken. Because once the money is sent, it's often very difficult – if not impossible – to get it back.
There are 3 ways to receive cash in Australia - Western Union, MoneyGram or WorldRemit. WorldRemit is the cheapest option and their website is easy to use. They always display the expected delivery time. If you want transparency, choose WorldRemit.
The cheapest way to send money internationally is to transfer funds directly from your bank account to a recipient's bank account. Most transfer services charge additional fees for debit card or credit card payments and cash pickups. Credit card payments will incur additional charges from your credit card provider.
Be stingy with your banking information to avoid bank scams. Know that less is best when it comes to sharing info: Avoid giving your account and routing numbers to people you don't know. Another tip to prevent fraud: Go for multi-factor authentication when banking online.