SWIFT/BIC codes in Australia: banks starting with T

SWIFT/BIC codes in Australia

Our directory contains 608 banks and financial institutions in Australia. Every code points to an institution or a specific branch or department and tells other banks where an international payment should go.

Each bank has its own page with the head office code and if there are any, codes for branches and departments. Below the list we explain how a code from Australia is put together, how to send money there at a fair price and what to check before you pay.

Getting paid from abroad into an account in Australia

A sender in another country will ask for several details about your account, and missing ones are a common cause of delays. That means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your address.

Look up your bank in the list above and compare the code with your own bank details, but take the code from your own bank details when in doubt. It helps to include the name and city of your bank as well because some forms have separate fields for it.

What lands in your account is often lower than the amount sent. Correspondent banks can take a fee, and if the money is converted, a markup on the rate applies. For business payments, agree how the fees are split, so nobody is left short.

Sending AUD to Australia

Australia pays in the Australian Dollar, code AUD. If you send another currency, the amount gets converted at some point.

Who converts the money matters, because each party uses its own rate. Compare what AUD arrives with different services; the difference between options can be larger than you expect. On larger amounts, even a small difference in the rate adds up quickly.

Banks in Australia beginning with the letter :letter

You are looking at a selection: only banks in Australia with a name starting with :letter. The counts in the introduction still cover all banks in Australia and not only this selection.

Some banks are listed under their legal name. Use the full list for Australia when you do not know the exact name.

Why a transfer to Australia needs a SWIFT code

For Australia you almost always need a SWIFT/BIC code. Without it, most banks will not process the transfer.

In some countries, the account is identified by a domestic account number instead of an IBAN, sometimes with an extra bank or branch code. Ask the recipient exactly which details their bank requires for incoming international payments; banks often publish instructions for this. On the way to Australia, a transfer may pass through correspondent banks that take a fee.

About our data and how to check a code

The most reliable source for a SWIFT code is the recipient’s own bank details. When the code you were given differs from our list, stop and ask – contact the recipient or their bank.

We collect SWIFT/BIC codes using public sources and update them regularly. Institutions reorganise, close branches and retire codes – a directory can be a step behind. For any payment that matters, check the BIC with the recipient’s bank. We are an independent comparison site and not part of any bank listed here.

Scammers regularly use payment requests with new bank details. A real SWIFT code says nothing about whether a request is genuine: criminals use real codes too.

Recognising a SWIFT code from Australia

A SWIFT code is 8 or 11 characters long and follows a fixed pattern. First comes four letters for the bank, then two letters for the country and two characters for the location.

In every code from Australia, characters five and six are the ISO country code of Australia, which makes these codes easy to recognise. When those two letters point to another country, you are looking at a bank in another country.

An 11-character code adds three characters for a branch, where XXX means the head office. In most cases the head office code is what you need, unless the recipient gives you a branch code.

Tracking a payment to Australia

There is no fixed answer for payments to Australia: many arrive the same day or the next, others take several business days. Public holidays in either country add a day or more to the journey.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique transaction reference, the UETR that banks can use to see where the money is. Save your transfer receipt – you will need it if something goes wrong.

The cheapest way to send money to Australia

When you send money to Australia via your bank, the fee you see is rarely all of the cost. Besides a fixed fee, correspondent banks may take a cut, and when the money is converted the bank usually uses a rate below the real market rate.

The markup on the rate tends to be the biggest cost item because it is hidden in the rate. Check the rate you are offered against the mid-market rate, the midpoint you see on financial news sites; the gap is what conversion costs you.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. GoldexPay lists these providers side by side so you can see the amount that reaches the recipient.

Which bank in Australia has the most codes?

Of all banks we list for Australia, BNP Paribas Services, (Australia Branch) has the largest number of SWIFT codes. The head office uses PARBAUS1066, which is the code to use when no branch is specified.

Many codes usually reflects separate codes for branches, departments or services. Making a payment to BNP Paribas Services, (Australia Branch)? Go with PARBAUS1066 except when the recipient gives you a branch code.