Creating an international transfer

To make an International Transfer you will first need to have set up an International Payee. See “Adding an International Payee?” for more information.

An International Transfer is the movement of funds from your Fire account to an external account in another currency. International Transfers are sent through local payment rails and must be sent to an account in the currency’s local country e.g. AUD payments must be made to an account in Australia, USD payments must be made to an account in the United States etc…

To create an International Transfer using your Fire Business Account, follow the instructions listed below:

1. Sign in to your Fire Business Account.
2. Click on the ‘Fire Accounts’ section.
3. Choose the relevant account you wish to transfer the funds from.
4. Click the ‘Actions’ button and select the ‘International Transfer’ option from the list.
5. The ‘From Fire Account’ field will display the selected account from step 3. Choose the destination currency you wish to transfer the funds to from the ‘Currency’ list.
6. Choose the destination account you wish to transfer the funds to from the ‘To Payee’ list. Note that only payees set up in the international currency will be visible in this list.
7. Enter the amount you wish to transfer in the payee currency i.e. the amount the payee will receive in their local currency. A reference is optional for your account but must be set for the destination account – this will display as the reference in the recipient’s account. You must also choose a ‘Payment Reason’ that is most closely associated to the reason for the transfer to the payee. The available reasons are:
   • Invoice Payment
   • Salary/Dividend Payment
   • Expenses
   • Savings
   • Other
8. Click the ‘Next’ button.
9. When you have reviewed the details, enter your Access Code and click the ‘Confirm’ button.
10. Once the International Transfer has processed successfully, you can view the outgoing transfer in the relevant account.