International Payments

Over many years serving businesses trading internationally, The National Bank has built considerable expertise in handling international payments and receipts. We take advantage of the latest communication technologies to provide the most rapid and secure options possible.

Our services include:

• International Money Transfers (Telegraphic Transfers). Fast, secure and global
• International Bank Drafts. A simple foreign payments solution
• International Receipts/Inward Payments. Services for receiving and clearing overseas or foreign currency payments to National Bank accounts.

For more information about our international payment and receipt services including fees & charges and terms & conditions, talk to your nearest branch of The National Bank or contact one of our International Customer Support specialists via e-mail or by calling 0800 477 444 option 5.

International Money Transfers (Telegraphic Transfers)

International Money Transfer is a fast, secure and convenient electronic payment method.

• Global - accepted in a comprehensive range of destinations and in many currencies
• Secure - transfers are made via an authenticated electronic network
• Timely - payments may be made up until the day they are due for same day receipt (in most cases) to the payee
• International Money Transfers can be made direct to a specified bank
• They can be initiated from any branch

To initiate an International Money Transfer complete the Application Form and take it in to your branch. Our branch staff can help you complete the form. A Fax Indemnity is required before we can accept instructions by fax. For more information, including fees & charges and terms & conditions, talk to your nearest branch of The National Bank.

International Bank Drafts

Bank drafts are international cheques drawn on overseas banks in favour of specified payees. They are a time-honoured simple method of making foreign payments still favoured by many customers.

• Available in many currencies including NZD
• Ideal for lower value payments as it provides a lower cost method of sending funds overseas
• Order from branches

To order an International Bank Draft or for more information including fees & charges and terms & conditions, visit any branch of
The National Bank.

International Receipts/Inward Payments

The National Bank provides a range of services to assist you when receiving payments from overseas or in a foreign currency. We can assist you in determining the best way to handle these receipts and provide the services to clear them to your National Bank accounts.

• Electronic transfer is the option we generally recommend. It gives access to the funds faster than other payment methods. Proceeds can be converted into New Zealand dollars and paid into your domestic Current Account or kept in the foreign currency and paid into your Foreign Currency Call Account. Fees may apply.
• Foreign cheques are still a common way to receive funds from overseas. These cheques usually need to be returned to the country of origin for clearing, which can mean delays in gaining access to the funds. In some situations the funds can be made available more quickly. Fees may apply.

For More Information

For more information including fees & charges and terms & conditions on International Receipts/Inward Payments, talk to your nearest branch of
The National Bank or contact one of our International Customer Support Specialists via e-mail or by calling 0800 477 444 option 5.