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CommBank International Money Transfer

commbank.com.au
Summary

CommBank provides international money transfer services, allowing users to send money to over 200 countries in more than 30 currencies. Transfers can be initiated via their NetBank online platform, the CommBank app, or in-branch, with waived transfer fees for online cross-currency transactions. They also offer tools to track payments and view foreign exchange rates.

Features
4/15
See all

Must Have

2 of 5

Transparent Low Fees

Fast Transfer Execution

Mid-Market Exchange Rate Transfers

Multi-Currency Account

Borderless Debit Card

Other

2 of 10

Mobile App

Customer Support

Batch Payments

API Integration

Real-Time Rate Alerts

Business Account Features

Invoice Creation

Spending Analytics

Regulatory Compliance

Multi-User Access

Rationale

CommBank offers international money transfers with transparent fees, especially when using their app or NetBank. They also mention fast transfer execution (though not as fast as 'minutes'), and provide a mobile app for transfers. Customer support is available through various channels. However, they do not explicitly state using the mid-market exchange rate, nor do they offer a multi-currency account or a borderless debit card, which are core features of Wise.