Payouts to Australia
Pay Australian dollars from USDT or USDC
Australia's corridor serves the mining, agriculture and professional-services firms that invoice offshore clients, and the developers and agencies in Sydney, Melbourne and Brisbane paid from abroad. XEROF pays AUD to an Australian bank account from a USDT or USDC balance, business to business, business to consumer and consumer to business, up to AUD 100,000 per payment.
How a payout to Australia works
Payments are addressed with the BSB and account number. Invoices above AUD 100,000 are settled in several payments from one conversion.
- Payout currency
- AUD
- Paid to
- Bank account in Australia
- Payment types
- B2B (business to business), B2C (business to consumer), C2B (consumer to business)
- Maximum per payment
- AUD 100,000 per payment
- Rails
- Local bank transfer in AUD
- Pricing
- Per corridor: the AUD leg is quoted per payment on the confirmation
Who pays Australian dollars this way
- A buyer settling an Australian agricultural or wine exporter against the invoice.
- A company paying an Australian software team or agency in AUD.
- A private client paying an Australian conveyancer, accountant or contractor.
Paying Australia from Zug: timing and practicalities
Sydney is eight to ten hours ahead of Zug, so an Australian dollar payment confirmed in the Swiss morning is credited overnight Australian time and visible to the beneficiary the next Australian morning. Australian banks clear on weekdays and close for national and state holidays.
Beneficiaries are addressed by the six-digit BSB and account number, and companies add their ABN. The AUD 100,000 per-payment ceiling means a larger invoice is settled as several payments from one conversion, each with its own confirmation.
What XEROF needs before the first payment
- Beneficiary name, BSB and account number, with ABN for a company.
- The invoice or contract the payment settles.
A worked example in AUD
- You send
- USDT 60,000 on ERC-20
- XEROF converts
- USD 60,000 equivalent at the live rate
- Beneficiary receives
- AUD in payments of up to AUD 100,000 each
- Fees on this example
- Brokerage fee plus the quoted AUD leg
Common questions
- Can I pay a PayID?
- No. Payouts in this corridor go to a BSB and account number. PayID aliases are not accepted.
- What is the maximum for a AUD payout to Australia?
- AUD 100,000 per payment, set by the receiving market.
Australia: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.
Open a XEROF account to pay Australian dollars in Australia.