Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p75
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 208528–211710

the name or identity of the branch or department of the beneficiary institution at which the funds will be made available to the payee;

         (10) the name of the payee;

         (11) one or more of the following details:

            (a) the number of any account held by the payee with the beneficiary institution through which the transferred money is to be made available to the payee:

            (b) the payee's full business or residential address (not being a post box address);

            (c) where applicable, the type and number of identification relating to the payee;

         (12) the following details as appear in the instruction:

            (a) any information or directions provided by the payer to the payee in relation to the instruction;

            (b) the name or identity of any interposed institution in the funds transfer chain;

            (c) the name or identity and account number of any institution through which the beneficiary institution will be reimbursed;

            (d) any information or directions provided by the ordering institution or interposed institution to another institution in the funds transfer chain under subsection 64(2) of the AML/CTF Act;

             (e) any other details relating to the instruction;

         (13) the amount referred to in the instruction;

         (14) the currency of the amount referred to in the instruction; and

         (15) the date on which the transferred money becomes available to the payee.

    Instructions transmitted into Australia

     16.3 A report about an international funds transfer instruction (the instruction), within the meaning of item 2 of the table in section 46 of the AML/CTF Act, must contain:

         (1) the name of the payer;

         (2) the name or identity of the institution (the sender) transmitting the instruction to the beneficiary institution;

         (3) the following details as appear in the instruction:

           (a) for an instruction to which paragraph 70(b) or 70(c) of the AML/CTF Act applies:

               (i) one of the following:

                    (A) the payer's full business or residential address (not being a post box address);

                   (B) a unique identification number given to the payer by the Commonwealth or an authority of the Commonwealth (for example, an Australian Business Number or an Australian Company Number);

                   (C) a unique identification number given to the payer by the government of a foreign country;

                   (D) the identification number given to the payer by the ordering institution;

                   (E) if the payer is an individual—the payer's date of birth,  country of the payer's birth and the town, city or locality of the payer's birth;

               (ii) if the money is, or is to be, transferred from a single account held by the payer with the ordering institution in Australia—the account number for the account;

               (iii) if subparagraph 16.3(3)(a)(ii) does not apply—either:

                    (A) a unique reference number for the transfer instruction; or

                   (B) if