Forex Bank Details
We have a new remittance account with ANZ
We have a new remittance bank account with ANZ bank so please update our account details in your Internet Banking to avoid any deposits going into the wrong account which will cause delays.
Please note that we will not accept any Cash Deposits into this account, so please use internet banking as your means to deposit funds into our account when wanting to send money through Forex World.
Forex World Remittance Bank Account
Forex is happy to announce that we have secured a new bank account specifically for remittances transactions only. This means that all future transfer deposits made to Forex will have to made into this account only.
New Bank Details
|Account name: Forex World
|BSB Number: 012-390
|Account number: 304959106
Same rules will apply with this account meaning that all funds must be deposited via Internet Transfer only. Any cash deposit transactions will be refunded back to the sender, therefore not be processed. Also, transaction descriptions must only contain FIRST and LAST NAME of sender to ensure transaction is processed in a timely manner.
Please contact us with your remittance advice as soon as you transfer the funds into this account so that we can process your remittance as soon as possible. Contact us on 02 8777 0000 or 1300 136 739 or email us via firstname.lastname@example.org
Questions and Answers
Can I still transfer money into your NAB account?
The NAB account will be closing onTuesday, May 2, 2017 which means you will no longer be able to transfer funds into the account after this date. We will no longer have access to this account after this date.
How long will it take for my funds to clear into this Forex account?
If the transfer is originating from the same bank, then your funds should clear into the Forex World account on the same day (in most occasions, almost instantly). If transfer originates from a different banking institution, then it would take 1 to 2 business days.
Why has the account changed?
There continues to be a lot of pressure on Banks and regulators regarding the money service industry. This is due to the changing landscape and dynamics of the World today and how money flows in and out of certain countries. Money Laundering and Terrorism Financing tops the list of concerns which is why Forex World have been working diligently to ease those concerns by continuing to raise our operational and compliance standards in order to place comfort in the banking sector regarding our business and the level of risk posed our customers.
Forex World are proud to have been recognised by the Australian Remittance and Currency Providers Association (ARCPA) to have met its compliance best practice requirements and were granted accreditation. We are proud to be an ARCPA Certified Member. ARCPA Certification No. 201610-104
Planning to deposit money to one of these banks using internet transfer?
To help us to sight your funds sooner which means we would process your transaction quicker, please deposit funds to our account corresponding to your bank , otherwise delays will occur as funds will not be visible in our account for approximately to 1-2 business days after your transfer.
Reasons why Forex may not be able to sight your funds transfer right away:
If it is your first time making the Internet transfer
If you are transferring funds from a Credit Union or Banking Institution
If the Internet Site of one of the above banks is down
If the amount you advise us is not accurate to what you have actually transferred
You can screenshot your receipt by the following:
If you're using an Android device, click here to see how.
If you're using an Apple product (iPhone/iPad), click here to see how.