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Circle Alliance Bank

View the current foreign exchange rates here.

How does a Draft work?

A Draft is like a bank cheque made out in a foreign currency. It’s another way for you to make payments and settle a transaction overseas, especially if you don’t have the receiver’s electronic bank account details. Drafts can be sent overseas via mail and are available in a wide range of currencies.

Why should I use a Draft?

Access to more than 25 currencies. Click here for more details. Can be enclosed with letters or invoices and forwarded direct to the payee Should your Draft go missing in transit, upon your notification, Western Union Business Solutions will normally be able to put a stop on it and issue a replacement. Conditions apply – click here for a Drafts Product Disclosure Statement.  Offers security around payment – Drafts are a non-negotiable instrument and can only be credited to the payee’s bank account, unless the payee has endorsed the draft.

What transfer details do I need to supply?

For us to arrange the draft you will need to provide us the details of the person you’re sending the money to (beneficiary). Person’s full name Person’s full street address Any special instructions for the transfer Currency and amount

How do I arrange a Draft?

Phone one of our branches on 1300 553 582 Drop into your nearest branch  Disclaimer

The financial products referred to in this communication are provided by Western Union Business Solutions (Australia) Pty Ltd ABN 24 150 129 749 AFSL 404092, trading as Western Union Business Solutions (“WUBS”), under its agreement(s) with your Financial Institution. Fees & Charges and Terms & Conditions apply.

It’s important for you to consider the relevant Product Disclosure Statement (“PDS”) and any other relevant WUBS documents before you decide whether or not a financial product is right for you. A PDS is available for each financial product issued by WUBS from your Financial Institution or on the compliance section of our website. Any advice provided above is general and does not take account of your personal objectives, financial situation or needs.

This communication has been prepared solely for informational purposes and does not in any way create any binding obligations. The relationship relating to the financial products referred to in this communication are solely between you and the Financial Institution. No representations, warranties or conditions of any kind, express or implied, are made in this communication

Western Union Business Solutions is an operating division of the Western Union Company. Western Union is the issuer of the financial products referred to in this communication.

What is a Telegraphic Transfer (TT)?

A Telegraphic Transfer (also known as a “Wire”) is an electronic transfer of funds directly credited to a beneficiary’s overseas bank account. A choice of more than 130 currencies is offered – click here for more details

Why should I use a TT?

In most cases a TT is the quickest way to send funds abroad (a TT will normally take one to two business days to reach the beneficiary) Sending a TT in the beneficiary’s currency is usually more cost effective and helps ensure the funds are credited more quickly, as the payment can go “straight through”.

What details do I need to send a TT?

You will need to provide full details of the receiver’s bank account, including their IBAN (International Bank Account Number) if they are in Europe. To comply with Australian Government regulations you must also provide the beneficiary’s full street address. Please note that TT’s are sent via a network of correspondent banks, which sometimes levy a small handling charge on your payment. Any such fees are totally out of CIRCLE’s and Western Union Business Solutions control. Given that a network of banks is used to complete your telegraphic transfer, the time it takes for your payment to be credited cannot be guaranteed. If you have decided that a TT is the payment method for you, complete an order form here and return it to CIRCLE at;

  • Fax 1300 553 523
  • Email This email address is being protected from spambots. You need JavaScript enabled to view it.

In order to send your TT, you must complete all sections and sign the order form. Please note:

  • you must enter full street addresses (PO Box addresses are not acceptable)
  • payments to all European, and certain other, countries require an International Bank Account Number (“IBAN”) – this may be obtained from the beneficiary
  • no symbols can be used in the beneficiary name (e.g. “&”, “/” etc)
  • we are unable to send funds to certain countries – view list of countries

Disclaimer

The financial products referred to in this communication are provided by Western Union Business Solutions (Australia) Pty Ltd ABN 24 150 129 749 AFSL 404092, trading as Western Union Business Solutions (“WUBS”), under its agreement(s) with your Financial Institution. Fees & Charges and Terms & Conditions apply.

It’s important for you to consider the relevant Product Disclosure Statement (“PDS”) and any other relevant WUBS documents before you decide whether or not a financial product is right for you. A PDS is available for each financial product issued by WUBS from your Financial Institution or on the compliance section of our website. Any advice provided above is general and does not take account of your personal objectives, financial situation or needs.

This communication has been prepared solely for informational purposes and does not in any way create any binding obligations. The relationship relating to the financial products referred to in this communication are solely between you and the Financial Institution. No representations, warranties or conditions of any kind, express or implied, are made in this communication.

Western Union Business Solutions is an operating division of the Western Union Company. Western Union is the issuer of the financial products referred to in this communication.

Receiving money - Inward Telegraphic Transfer

When you’re bringing money across from another country, transaction charges from the banks can take a big chunk out of your payment. With the Inward Telegraphic Transfer service from CIRCLE you can receive payments into your Australian Bank account promptly and reliably.

What is an Inward Telegraphic Transfer?

An Inward Telegraphic Transfer (also known as an “Inward Wire”) is an electronic transfer of funds directly credited to your account from an overseas remitter.  In most cases a TT is the quickest way to receive funds from abroad (a TT will normally take 2-3 business days1 to be credited to your account.

How does it work?

The remitter should send the funds in their own currency, and Western Union Business Solutions will convert them into Australian Dollars before forwarding to CIRCLE for credit to your account. Funds can be received in over 35 currencies.

Why should I ask my sender to send money via this service?

  • Better value for you – you are not charged a beneficiary deduct fee*, so you will receive the full amount of your incoming payment.
  • Better value for senders – no fee is charged by Western Union Business Solutions to process your payment
  • Peace of mind – you can be confident that their payments are being handled by foreign exchange specialists with reliable systems ready to deliver your payment fast.
  • Wide range of currencies - click here to view the currency list

What do I need to do to receive money to my account?

  1. Click on the link below – Receive money from overseas
  2. Choose the country you are receiving funds from.
  3. Complete the relevant information in the online form and submit.
  4. You will then be presented with deposit instructions in a PDF file. Please save it for your reference and email it to your payee/ follow payment instructions.
  5. Ask the sender to:
  • present these instructions to their bank when sending the payment to you
  • deposit the amount into the dedicated account as stated in the instructions in local currency and not in AUD
  • instruct bank teller to include payment note CIRCLE 01905-FI and your name in the bank’s reference field as specified in the PDF deposit instructions

 

* Unless otherwise stated the financial products and services referred to on this website are provided by CIRCLE. CIRCLE has entered into arrangements with Western Union Business Solutions (Australia) Pty Ltd (ACN 150 129 749; AFSL 40409) (“WUBS”) whereby WUBS assists CIRCLE to fulfil certain foreign exchange and payment services, including telegraphic transfers and foreign cheque conversions. WUBS is an operating division of the Western Union Company. CIRCLE has a revenue share arrangement with WUBS.

Fees & Charges and Terms & Conditions apply. It's important for you to consider the relevant terms and conditions and our Financial Services Guide and Fees & Charges brochure before you decide whether or not a financial product is right for you.

This website has been prepared solely for informational purposes and does not in any way create any binding obligations or make any representations, warranties or conditions of any kind, express or implied. Any advice is general in nature and does not take account of your personal objectives, financial situation or needs.

Please note: Payments in some instances, may be sent via a network of correspondent banks, which levy a small handling charge on your payment. Any such fees, and payment delays, are out of our control.

1. Funds are usually received by the beneficiary bank within 2 to 3 business days however delays may be experienced with allocation of funds to the beneficiary account by the beneficiary bank. There is no delivery period guarantee. Some currencies may take longer than others to process.

When you arrive in a new country it is a good idea to be prepared with a small amount of suitable foreign cash.

CIRCLE can arrange access to a wide range of currencies in a variety of denominations. If you still have foreign cash on you when you return home to Australia, we can exchange most foreign currency within 48 hours. Disclaimer

Travelex Limited (ABN 36 004 179 953, AFSL 222 444) is the supplier of foreign cash, and arranges for the issue of travellers cheques on behalf of American Express Travel Related Services Company Inc.

Introducing New Cash Passport™ Platinum Mastercard®

 Simply outsmart travel money. Load up to 11 currencies and use it at millions of locations worldwide everywhere Mastercard is accepted.  Load, spend and top up your card on the go, so you’re always in control.

Apply Now

  • Free global Wi-Fi=
    Stay connected across a million Boingo hotspots
  • 24/7 global assistance
    Help a call away whenever and wherever you are
  • Emergency cash access
    Our team is ready to replace your card or organise cash%
  • Lock and load up to 11 currencies*
    Lock in exchange rates* and know exactly how much you have to spend
  • Accepted at millions of locations worldwide^
    Spend fluently wherever Mastercard is accepted instore, online and ATMs
  • Manage your account
    Track spend, reload, or move money between currencies online, anywhere, anytime.

9043679374How Does Cash Passport Outsmart Travel Money

1. Safer and more secure than cash Cash Passport offers 24/7 Global Assistance. If you lose your wallet, simply call us. Sometimes, these things happen. We’ll quickly organise a new card, free of charge and help you get emergency cash% so you can keep enjoying your holiday.

2. Keep track of your travel money ‘My Account’ lets you manage your money wherever you are, like reloading your card and transferring between currencies. Shop with confidence knowing exactly how much you have to spend, or simply load more funds with the advantage of locked-in exchange rates*. Load up to 11 currencies: USD, EUR, GBP, NZD, CAD, SGD, JPY, THB, HKD, AED, AUD+.

3. Convenient and Contactless Enjoy the freedom of travelling the world with just one card. Eat, shop or play wherever Mastercard® is accepted or withdraw from ATMs along the way, just as you would with your bank card at home. Quicker than cash, contactless payments can save you time when tapping with Cash Passport.

Cash Passport Platinum Features

1. Free global Wi-Fi=. Get internet access via millions of Boingo hotspots globally. Get 3 months’ Boingo membership every time you top up your Cash Passport with $100 AUD or foreign currency equivalent.

2. Share or transfer your travel money. Transfer instantly, from your Cash Passport to another Cash Passport issued in Australia or New Zealand in available currencies.

Apply Online

  1. Your Details

  2. Title:*
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  3. First Name:*
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  4. Last Name:*
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  5. Address:*
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  6. Suburb:*
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  7. State:*
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  8. Postcode:*
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  11. Your Email Address:*
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  12. Date of Birth:*
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  13. Mothers Maiden Name:
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  14. Currency Details

  15. What currency do you require to be loaded on this card?*








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  16. AU$ value required*
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  17. US$ value required*
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  18. EU€ value required*
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  19. GB£ value required*
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Disclaimers

Mastercard Prepaid Management Services Australia Pty Ltd (ABN 47 145 452 044, AFSL 386 837) arranges for the issue of the Multi-currency Cash Passport™ and Cash Passport™ Platinum (“Cash Passport”) in conjunction with the issuer, Heritage Bank Limited (ABN 32 087 652 024, AFSL 240 984).  You should consider the Product Disclosure Statement for the relevant Cash Passport available at www.cashpassport.com.au before deciding to acquire the product.  Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you.

MasterCard® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.

* Lock-in your exchange rates means the exchange rate is locked in for the initial load only. The exchange rates for subsequent reloads will be set at the prevailing exchange rate at the time of the transaction.

^ Subject to any surcharge that may be imposed directly by merchants. Cash Passport is unable to be used for purchases related to gambling or adult entertainment. Currently Cash Passport cannot be used in the following countries and geographical regions due to sanctions that are currently in place: Crimea, Iran, North Korea, Sudan and Syria. If you attempt to use your card at merchants in any of these countries and geographical regions, your request will be declined. In addition, the ATMs and POS terminals are not owned or operated by the Issuer or MasterCard Prepaid Management Services Australia Pty Limited and the Issuer or MasterCard Prepaid Management Services Australia Pty Limited are not responsible for ensuring that merchants will accept the Card. For example, the Issuer and MasterCard Prepaid Management Services Australia Pty Limited cannot control when an ATM or POS terminal is due for maintenance or is faulty or if a merchant chooses not to accept the Card. In such cases, your Card may not function properly or be declined. For more information please see the Product Disclosure Statement at www.cashpassport.com.au.

+ Before you make a decision to acquire the card, please check www.cashpassport.com.au for the latest currencies supported.

% T&Cs apply. Customer must contact Customer service to report lost or stolen card. Emergency cash can be arranged up to the balance on your Cash Passport, subject to availability of funds at the approved agent location.

= T&Cs apply. Wi-Fi is provided by Boingo hotspots. Visit cashpassport.com.au and mastercard.boingo.com for more information.