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Foreign Exchange

Coastline Credit Union has partnered with American Express Foreign Exchange to offer you simple solutions to your foreign currency requirements. Whether you are going overseas for a shopping spree or sending money to a family member abroad for their birthday, we offer a range of secure and convenient options to suit your needs.

Sending Money overseas:

Telegraphic Transfers

SAVING YOU TIME AND MONEY

A Telegraphic Transfer (TT) allows you to electronically send funds directly into your beneficiaries account in a specified currency. TT's are the preferred method to make large value international payments as they are processed quickly, cost-effectively and securely in over 100 currencies.

To send a TT, you will need to contact your closest branch who will facilitate the payment for you. You will be required to provide the following information in order to process a TT with us:

• Your street address
• Beneficiaries name and street address
• Beneficiaries bank account details

Incoming Telegraphic Transfers

Need to receive an international payment in a currency other than your own local currency?

We offer an Inward Telegraphic Transfer service to convert the funds and deposit them into your Coastline account.

Click Here to download an information sheet containing all the information you need to receive an Inward Telegraphic Transfer.

User Guide

Please ask the Bank/ Credit Union to send the funds via International Funds Transfer (IFT) to the below account details according to which currency you are wishing to send.

Important Notes

It is essential to include "For further credit to Coastline Credit Union <Member Name> <Member Number>" in the payment notes. When sending funds please advise the sending Bank/Credit Union that the transfer must remain in the same currency & not converted to AUD. This can also be included in the "Payment Notes". Coastline Credit Union will arrange the conversion to AUD through our partners at American Express.

Foreign Currency Drafts

SIMPLE WAY TO PAY

Foreign Currency Bank Drafts, commonly called drafts or foreign currency cheques, are simply bank cheques made to a recipient who can deposit the cheque directly into their own account. Drafts are an ideal payment method when you have small amounts to pay or you do not know the banking details of the person or beneficiary you need to send money to. Drafts can be ordered at your nearest branch and are typically available within 48 hours.

Heading overseas:

When traveling overseas, consider taking your travel funds with you in the form of a mixed travel wallet. Spreading your funds out across several formats allows for safety and convenience.

American Express® GlobalTravel Card

THE ESSENTIAL TRAVEL COMPANION

Pre Load an American Express GlobalTravel Card for convenience, peace of mind and security. Available in US Dollars, British Pounds or Euros and accepted at millions of locations globally, the American Express GlobalTravel Card is the essential travel companion.

Visit your nearest branch for your American Express GlobalTravel Card.

Convenience

• Easy to use as a credit card - all you need is your signature for merchants and your PIN for ATMs.
• Reload (add funds) at your own pace and convenience. Simply visit the branch where you purchased your Card or do it via BPAY®.
• Use the Card overseas at millions of locations where American Express Cards are accepted** (merchants and ATMs). You can even use it for online purchases.
• Check your balance online or over the phone wherever you are, 24 hours a day, 7 days a week.
• It is a useful budgeting tool, as you only spend what you have loaded onto the Card.

Value

• The Card has no inactivity fees to worry about. Leave your funds on the Card as long as you please and they will still be there in full the next time you want to use them.
• The available funds on your Card are valid for life.
• Lock in the exchange rate when you load or reload funds onto the Card. That way you don't have to worry about exchange rate fluctuations while using your card overseas.
• Enjoy special merchant offers around the globe for American Express Cardmembers through the American Express Selects™ program. So, before you step out in a new town, check americanexpress.com.au/selects for a list of places that offer discounts and special promotions.

Peace of Mind

• The Card is replaceable if lost or stolen, so your money is always safe.
• You can report the Card has been lost or stolen by calling Customer Service, 24 hours a day, 7 days a week, within Australia or via toll free local access numbers when travelling.
• We issue a Backup Card at time of purchase – minimizing inconvenience or delay if your Primary Card is lost or stolen.
• We offer Card replacement or emergency funds access, at no additional cost to you, if both your Primary and Backup Cards are lost or stolen.
• As the Card is not linked to a bank account, it helps protect you against identity theft or fraud.

Unique Global Assist® Services

With just a phone call away, our Global Assist Services are always there to assist you - from lost luggage assistance to doctors who speak your language, or simply to find out more information before your trip. When you travel, we are always at your side to provide emergency assistance such as lost passport replacement or emergency legal or medical referrals.

For more information visit
americanexpress.com.au/globaltravel

Foreign Cash

WE HAVE THE CURRENCY THE LOCALS PREFER

With over 60 currencies available we are confident we can provide you with the foreign cash you require, no matter where in the world you are going. Order at your convenience online or place an order at any of our branches. Your foreign cash will be available for collection within 48 hours from any one of our branches or an American Express Foreign Exchange office of your choice.

Click here to order your Foreign Cash and/or Travellers Cheques online

Click here to view current rates

American Express Travellers Cheques

PROTECT YOUR TRAVEL FUNDS

American Express Travellers Cheques are a safe and easy way to protect your spending money whilst travelling. They are available in 6 major currencies and universally accepted.

Should you have the misfortune of having your Travellers Cheques stolen or losing them, they are replaceable within 24 hours, virtually anywhere in the world. There is also no expiration date so you can always save unused Cheques for another trip.

With American Express Travellers Cheques your travel funds are protected and you will never be stranded without access to your money.

Click here to order your Foreign Cash or Travellers Cheques online

Click here to view current rates

Click here for encashment and acceptance locations

Encashment Services

CLAIM YOUR LOCAL CURRENCY AT YOUR CONVENIENCE

Conveniently convert your foreign currency into Australian Dollars for your local spending requirements. Should you have excess foreign cash, unused Travellers Cheques or receive a foreign currency cheque or draft, you are able to exchange these for Australian Dollars through the Credit Union's encashment service.

** You will not be able to use your American Express GlobalTravel Card in Australia and certain other countries where Australian or United States sanctions apply.

A Disclosure Document will be provided where Travellers Cheques and American Express GlobalTravel Cards are sold and are available upon request. You should request an American Express Financial Services Guide and consider the appropriateness of Travellers Cheques American Express GlobalTravel Cards in relation to your individual requirements. American Express Travellers Cheques are issued by American Express Travel Related Services Company,Inc. Incorporated with limited liability in New York, USA. ® RegisteredTrademark of American Express Company.
Please visit americanexpress.com.au/globaltravel and read the Product Disclosure Statement.
American Express GlobalTravel Card is issued by American Express Travel Related Services Company, Inc. Incorporated with limited liability in New York, USA. ® Registered Trademark of American Express Company.

The general financial advice contained in this brochure is provided by American Express International, Inc. (ABN 15 000 618 208) AFS License No. 237996

For further information, please refer to the relevant (Telegraphic Transfers and Forward Exchange Contracts) Product Disclosure Statement (PDS). The information contained in this document has been prepared without taking into account your objectives, financial situation or needs. You should read the PDS and consider the appropriateness of International Payments in relation to your individual requirements. International Payments are arranged through American Express International, Inc. (ABN 15 000 618 208, AFSL No. 237996). Incorporated with limited liability in Delaware, USA. ® Registered trademark of American Express Company.