Complete Guide to Remittance to Australia: Bank Transfer and Cash Pickup

Remittance to Australia: What is required?

To send money to Australia, Korean nationals need a National ID card or Driver's License, while foreign nationals need an Alien Registration Card or Passport for identity verification. On the Hanpass app, you can complete non-face-to-face mobile registration using these documents without visiting a bank.

Next, choose the recipient's receiving method and verify the necessary details. It is recommended to accurately confirm the transfer amount, recipient's name, address, BSB, and account number.

You can top up funds via bank transfer, convenience store payment, or mobile payment.

2 Receiving Methods: Which one to choose?

You can choose between bank transfer and cash pickup depending on which method is most convenient for the recipient in Australia.

For recipients with a bank account, you can easily send money by entering the recipient's information (English name, address, BSB, and account number). For recipients without a bank account, cash pickup—receiving cash with an ID and pickup number at local partner locations (Western Union, Moneygram)—is suitable.

Bank Account Deposit	Select bank transfer and enter the recipient's information to complete the transfer effortlessly.
Cash Pickup	Select cash pickup and choose a pickup location (Western Union, Moneygram). Enter the recipient's name and mobile phone number to complete the transfer.

Useful Tips When Sending via Bank Transfer to Australia

When sending money to Australia, the 6-digit BSB (Bank State Branch) number is required alongside the recipient's details and account number. The BSB number serves to identify the local bank and branch.

Transfers arrive within 4 hours on average, but delays may occur depending on local circumstances. You can check the transfer status in the Hanpass app.

Recipients receive funds in Australian Dollars (AUD). Since the applicable exchange rate can be checked in the app at the time of transfer, reviewing the payout amount and rate in advance helps clarify the expected total.

4 Steps for Money Transfer

Remittance to Australia on the Hanpass app proceeds in 4 steps: Registration & Identity Verification, Recipient Details, Amount Entry, and Payment & Confirmation. Non-face-to-face registration is available, so Korean citizens with a National ID/Driver's License and foreigners with a Passport/ARC can get started without visiting a bank.

In the Recipient Details step, select the payout method among bank transfer or cash pickup first. Depending on the selected method, accurately enter the required receiving details or bank account info.

1. 1. Install the Hanpass app and complete non-face-to-face membership registration using an ID.
2. 2. Select Australia as the destination country and choose a receiving method (Bank Transfer, Cash Pickup).
3. 3. Accurately enter the recipient's name, bank account details, etc.
4. 4. Enter the amount, check total costs, free fee benefits, and applicable exchange rate, then complete the transfer.

When you enter the transfer amount, the exchange rate and transfer fee are displayed in advance. You can top up via bank transfer, convenience store payment, or mobile micro-payment, review the displayed details, and proceed with the transfer.

Fees and Limits

The limit for transfers without supporting documentation is USD 100,000 per year across all financial institutions, based on Foreign Exchange Transactions Regulations effective January 2026. Enter the remittance amount to view the transfer fee in advance on the app.

Because transfers are processed via pre-funding without intermediary banks, no additional intermediary or receiving fees are charged.

Final Checklist Before Transferring

Double-check the recipient's name, bank details, etc., carefully before confirming the remittance.

It is recommended to review the applied exchange rate, fee, and expected payout amount on the app before proceeding. Arrival times may vary depending on the payout method and local circumstances.

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