Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p76
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 211386–214570

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 the money is, or is to be, transferred from a single account held by the payer with the ordering institution—the account number for the account;

           (b) for an instruction to which paragraph 70(a) of the AML/CTF Act applies – the tracing information defined by section 72 of the AML/CTF Act;

           (c) the name or identity of the ordering institution, if different from subparagraph 16.3(2);

           (d) where applicable, the name or identity of any branch or department of the ordering institution which the payer requested to transmit the instruction, if different from subparagraph 16.3(3)(e);

           (e) where applicable, the name or identity of the sender's branch or department which transmitted the instruction;

           (f) the identification code assigned to the instruction by the sender;

           (g) the name or identity of the beneficiary institution;

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

           (i) the date on which the beneficiary institution received the instruction;

           (j) the name of the payee;

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

           (l) 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;

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

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

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

           (p) 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;

           (q) any other details relating to the instruction;

         (4) the amount referred to in the instruction;

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

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

     Copies of funds transfer messages

     16.4 A copy of the funds transfer message transmitted out of or into Australia may be given as a report of an electronic international funds transfer instruction in accordance with the applicable approved form. The copy:

         (1)     must contain the information required under subparagraphs 16.2 or 16.3; and

         (2) may contain information giving effect to the international funds transfer as required:

         (a) by message format standards;

         (b) by message usage guidelines; or

         (c)