International money transfer from CommonWealth bank to China

Frankie Fan
Oct 17, 2020

Send in foreign currency using NetBank or the CommBank app to pay a lower transfer fee and lock in the exchange rate. The best thing for choosing this way is that you can send money to yourself which is not available by using WestUnion.

Swift/BIC Code

We could search the swift code of the recipient’s bank at here: Swift

The BIC code for banks in China are as bellow

Input the BIC and city and country, then search the result and choose the branch. You will see the Swift code for the branch.

Chinese Telegraphic Transfer Code (CTC)

We could search the CTC code of the recipient’s name at here: CTC

Online transfer

Login CBA website to transfer is the best choice because we can choose an existing recipient to transfer.

APP transfer

We could also transfer on CBA APP. Select “Products & Offers” and enter “International & travel”, then send money now.

Enter the swift code, CTC getting from previous steps, and transfer.