Transferring funds to a foreign account

International transactions > Miscellaneous transactions > Transferring funds to a foreign account

You may want to transfer funds from a local-currency account to a foreign account. This is easily done through the Spend Money window.

note :

You cannot use the Transfer Money window to transfer funds to a foreign account.

1	Go to the Banking command centre and click Spend Money. The Spend Money window appears.

2	Click Currency. The Exchange Rate window appears.

3	Select the relevant foreign currency and enter the exchange rate.

4	Click OK. The Spend Money window reappears.

5	In the Pay from Account field, type or select the local currency bank account from which the amount is being withdrawn.

6	Enter the date, amount, payee and memo.

7	In the Account No. (or Name) column, type or select the foreign account into which you want to make the deposit.

8	Click Record.