Foreign Currency (Forex)

AUD, CNY, EUR, FJD, GBP, NZD, PHP, SGD, USD

Yes, you must have a Transaction account with sufficient funds for the transfer. You can transfer funds from a Savings account for free if needed. Since exchange rates may go up or down, the value of the payment may go up or down until the payment is booked.

We charge K40 per transfer. Other fees may be applied by Recipient bank. 

We provide a calculator for easier money management.

Yes. You may receive inward remittances, at which time the foreign currency will be converted at the day's rate into Kina before crediting your account.

• Beneficiary’s information:
  • Name and Nickname
  • Country (e.g., Australia)
  • Address, State, and Postcode
  • SWIFT/BIC, Account Number/IBAN
  • Clearing Type (e.g., BSB, IFSC, Routing Code) and corresponding code
  • Mobile Number and Email
• Account numbers 

Login to your CreditBank PNG app or online banking and click on Transfers. Before you can transfer funds, you must first enter Beneficiary information. Click on Add Beneficiary. Once complete click submit. You will get a confirmation beneficiary has been added. 

From the Transfers menu click on International Transfer. 

• Follow the easy prompts.
• Click on submit once all information is entered.
• You will get a confirmation.

Transfers can take 1 to 2 business days.

No. We do not handle any cash in our branches.