Win a $1,000 Coles gift card*

Your next international payment of at least AU$1,000 could win you 1 of 15 x $1,000 Coles gift cards from 27 July to 30 September 2020.

*Terms and Conditions apply.

Learn more

Travel

Teachers Mutual Bank provides a one-stop-shop for all your travel services.

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  • Send money overseas

  • Receive money from overseas

  • Foreign Cash

  • Cash Passport Platinum MasterCard

  • Convert a foreign currency cheque

  • Bank draft

    Important:

    Significant delays may be experienced with the issuing of bank drafts as a result of current restrictions. Please speak to our staff for alternative methods available. 

    Bank draft

    A bank draft is a cheque issued in a foreign currency, it can only be deposited into the account of the person the draft is made payable to, making it safe and secure. Cheque clearance times may apply when depositing cheque(s) to overseas banks.

    A bank draft is available in a wide range of currencies, including Australian dollars. We recommend a draft in the destination country’s currency to avoid additional exchange rate fees or delays at the other end. Call 13 12 21 9am to 5pm, weekdays to check if your destination country’s currency is available.

    To arrange for a bank draft, complete the bank draft form before printing and posting, faxing or emailing to us.

    You can have it sent by Express Post to your residential address within Australia or collect from one of our offices. Bank drafts are usually available within 7-10 working days. Contact us first to confirm it has arrived.

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