Cass Comm Limited SWIFT/BIC code

SWIFT/BIC code of Cass Comm Limited

ICLFAU31 and ICLFAU31XXX are the short and the long form of the same bank identifier, and both point to Cass Comm Limited in Sydney. A SWIFT code shows the banks handling a payment exactly which bank should receive the money, much like a postcode for banks. In practice you mostly come across the code on international invoices, in payment forms and in the bank details that Cass Comm Limited provides.

On this page you can read how the code is put together, when you need it and what else you need for a transfer to or from Cass Comm Limited. The SWIFT code alone does not identify a personal account; that is what the IBAN or account number .

Receiving money from abroad at Cass Comm Limited

A sender in another country will ask for a few details from you – incomplete details often cause delays. That means: your full name as registered with Cass Comm Limited, your account number or IBAN, the BIC ICLFAU31XXX (or ICLFAU31) and, often, your address.

Their bank may also ask for the address of your bank. Check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be lower than what was sent. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin applies. Agree with the sender who pays which costs.

How to check ICLFAU31 before you pay

Have the recipient copy their bank details directly from their online banking. Check it with ICLFAU31 on this page.

Errors in the BIC are annoying rather than disastrous. Do not forget the account number: an error there is more difficult to correct than a wrong code.

A validity check in your banking app only tells you that the IBAN is valid, not that it is the right account. Some banks now compare the payee name against the account. For a first payment, many people send a small amount first before sending the rest.

Paying into Cass Comm Limited in AUD

Most accounts at Cass Comm Limited are typically held in AUD, the local currency. When you pay money in a different currency has to be converted at some point – by your bank, by Cass Comm Limited or by a bank in between. You rarely see a separate charge for that conversion – the cost sits in the rate.

Who converts the payment makes a difference: every bank has its own margin. Transferring the money already in AUD often prevents an extra conversion at the receiving end.

The AUD rate fluctuates constantly. On larger amounts, a seemingly small difference in the rate adds up quickly.

Which of the 2 codes of Cass Comm Limited do you need?

Cass Comm Limited uses 2 different SWIFT/BIC codes. One of them is the head office code; the others belong to branches, and sometimes internal departments.

For the vast majority of payments to a private or business account, the head office code ICLFAU31XXX is what you need. Just use a branch code when the recipient gives you that exact code, for example on an invoice or in their bank details.

The best way is to take the code straight from the recipient’s invoice. Codes can change when banks reorganise, so do not rely on old paperwork.

Why Cass Comm Limited has an 8- and an 11-character code

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. For Cass Comm Limited, that core is ICLFAU31.

The 11-character version has a three-character extension that identify a branch or department. When those three characters are XXX, they simply mean the head office, which is why ICLFAU31XXX and ICLFAU31 lead to the same place.

As a rule the code is written in capitals. A single character can send the money to another bank, so check it twice.

Scams that use SWIFT codes

Fraudsters often use fake invoices containing changed bank details sent from what looks like a familiar address. The fact that ICLFAU31 exists is no guarantee that the account is legitimate.

Before paying, verify changed bank details through a phone call on a number you know, not one from the message. Pressure and secrecy tend to be red flags. When money has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: a classic trick is a buyer who pays too much followed by a request to refund the difference. Do not act before the money has really arrived and check with Cass Comm Limited if anything seems off.

What a transfer from Cass Comm Limited abroad really costs

If you transfer money to another country from Cass Comm Limited, the fee you see is only part of what you pay. Besides the transfer fee, banks in between may take a cut, and when currencies are converted the bank usually uses a rate below the actual market rate.

Banks rarely show their exchange rate markup separately, but you pay it all the same. Check the rate you are offered with the mid-market rate; the gap is what conversion costs you.

Money transfer services often offer rates closer to the mid-market rate and lower fees. GoldexPay compares the amount that arrives with different providers, which makes the cheapest option easy to spot. You can always keep your account at Cass Comm Limited.

Where our SWIFT data comes from

The codes here come from publicly available data that we update regularly. Banks reorganise, change names and change codes, and a directory never catches every change immediately. The figures on this page reflect what is in our directory, not official figures from Cass Comm Limited.

Treat the information here as a helpful check and rely on the recipient or Cass Comm Limited for the final confirmation. GoldexPay is a comparison service and not affiliated with Cass Comm Limited. Should you notice a mistake, we appreciate a message via the contact page.

Transfer times and tracking a payment to Cass Comm Limited

A SWIFT payment typically needs anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made late in the day or just before a weekend or public holiday often go out the next business day. Occasionally a bank asks what the payment is for, which can hold things up.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique reference, the UETR that banks can use to trace it. Keep the payment confirmation until the recipient confirms – you will need it for any trace request.

If the money does not arrive within the expected time, the sender needs to start with their own bank. Request from the sender the payment receipt with the date and reference – it helps your own bank look for the money.