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Transfers usually take 1-3 business days.
Send money safely to people and businesses in multiple currencies.
Benefit from low transfer fees and great exchange rates.
When you send money with BSP, you know your money is in safe hands. Our international money transfer service is a secure and fast way to send money overseas. Available in multiple currencies, this service is perfect for both personal and business payments. Money transfers can be made either online or at your local BSP branch.
BSP provides a secure and efficient way to send money overseas through Telegraphic Transfers. This electronic service allows you to transfer funds directly from your BSP account to an overseas bank account quickly and safely. Available in various currencies quoted by BSP, it’s ideal for both personal and business payments.
Sending money overseas? A Telegraphic Transfer (T/T) is a fast and secure way to transfer funds from PNG to international recipients. Available at BSP branches and through Online Banking (if registered), you can send money in any currency BSP offers. Make sure you have the correct banking details and check for any country-specific requirements to avoid delays or extra costs. Errors in details may slow down processing and lead to additional fees. When submitting a request at a BSP branch, provide two copies – one for processing and one for your records. Due to global Anti-Money Laundering regulations, you must have an established banking relationship with BSP. Terms and conditions apply.
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Need cash before you travel? BSP branches offer foreign currency notes, making it easy to have local cash on arrival for taxis, meals, or small expenses. If you need a large amount, check with your branch ahead of time to ensure availability. BSP at Jacksons Airport is also stocked to meet your needs before departure. Due to global Anti-Money Laundering regulations, you must have an established banking relationship with BSP. Terms and conditions apply.
Under Bank of Papua New Guinea regulations, certain transactions require tax clearance before funds can be sent overseas. This applies when the total yearly remittance exceeds K1,500,000. To send amounts over this threshold, you need a Tax Clearance Certificate (TCC) from the Internal Revenue Commission (IRC), confirming that all taxes are up to date.
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Important: You need a BSP account to make international payments. Visit a branch to open an account if you don’t already have one.
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