How to Send Money Overseas with GMCU

Did you know you can send money from your bank account to an overseas bank account with GMCU’s International Payments Service? You can send money to over 200 countries and territories in over 130 currencies. Benefits: Funds are generally credited within 2-3 business days No surprise overseas bank fees** Cost-effective; you can potentially save money by sending in the beneficiary’s local currency** What you need to send money overseas? You will need to provide your beneficiary's full name and details of the beneficiary’s bank account, including their ^IBAN (International Bank Account Number) if they are in Europe. Our local team are here to help. If you need assistance sending money overseas, we’re a phone call away. **You must provide the beneficiary’s full street address to comply with Australian Government regulations. Include the beneficiary bank’s code (sort code, SWIFT address, or routing number).

Financial Planning Through the Decades: Securing Your Future

The best way to secure your assets is to start early. It can be hard to think too far ahead, however your future-self will thank you. In your 20’s: Learn how to budget so you can stay in control of your money. Start saving for assets, whether a house, car or travel. In your 30’s: Consider having life and contents insurance. Set up an emergency fund. Consider investing in shares or property. Prepare a will. In your 40’s: Consolidate the good habits you have formed, and keep saving. Consider reviewing your superannuation. Start planning what you may need for your retirement. In your 50’s: Consider making those extra mortgage payments to bring it closer and reduce the interest you’re paying each month. In your 60’s: Transition to retirement. Eligible to receive the Age Pension. Take advantage of concessions. Plan to make sure your assets are secured in the future. View all our transaction and savings accounts. Our local team are here to help. If you need assistance, we’re a phone call away.