CommBiz International Payments & Foreign Exchange

1. On the dashboard, click Make a payment and then the link Enter payment detail
2. If you're choosing an existing beneficiary first select the Payment Currency from the drop down. Otherwise you can create a new beneficiary on the go
3. You have the option to fund from an existing same currency account (if you have one setup with CommBank and linked to CommBiz)
4. Alternatively, select the Debit currency from the dropdown menu
5. Add the amount you want to pay by clicking on the button beside Payment Amount or Debit Amount. Payment Amount is the amount paid in the currency you want to send; Debit amount represents the amount that will be deducted from your account
6. Add the reference for your beneficiary,  for example, their invoice number
7. Choose the purpose of the payment from dropdown
8. Click Add or if you want to setup multiple payments, choose Add & Enter Next Payment and repeat the above steps

Note on adding multiple payments and currency cut-off times

• The next available date is already calculated based on the currency cut-off and public holidays in both Australia and the beneficiary currency
• If you have setup multiple payments in different currencies and the cut-off time has passed for one of those currencies, the rest of your payments will not occur until the next available date
• Setup individual payments if you wish to process payments before currency cut-off time

1. Choose from the first available date
2. Or toggle over to schedule payment and select a future date from the calendar
3. If you choose a future date, you will have to schedule using a new or existing forward exchange contract

Forward exchange products have risks associated with them. Please refer to CommBank’s Foreign Exchange PDS for further information or call 1300 222 339

1. Click Apply FX Rate button against the trade you want to utilise for the payment
2. You will notice under Action that you can pre-deliver an existing FX contract to fund the payment 
3. Alternatively, you can select the button Create New FX Trade on this page to source the current exchange rate for the transaction

Whether you’re pre-delivering, extending or creating a new trade, a pop-up box will appear where you can action your trade depending on your transaction requirements

There are several ways to Authorise your trades

• Pending authorisations are displayed after you submit your payment (as per the previous steps above)
• Or you can find Authorisations section on your dashboard

1. Select the checkboxes next to each trade you want to action
2. Add your CommBiz security credentials to authorise or reject the payments

1. Click Create FX Trade on your dashboard
2. Setup currencies using the Client Buys and Client Sells dropdown options
3. Add the amount in the field beside the currency you want to Buy or Sell
4. Update the Value Date (if applicable) and add Trade Notes (for your reference details)
5. View the FX rate by clicking Request Quote. The rate will refresh every 6 seconds and time out after 30 seconds, select Request Rate again if it times out
6. Click Accept & Execute when you are ready to proceed with the quoted rate. The currency conversion may go for dealer intervention. When this happens, please wait for the next instructions on the screen
7. You will receive a notification after its successfully executed. Please note: once accepted all FX trades are to be fully settled and authorised by currency cut-off time on the value date. If trades remain unsettled, CommBank can choose to close out the trade. Please refer to the Foreign Exchange PDS for further information or call 1300 222 339

1. Select Outstanding FX Trades on your dashboard
2. By clicking on the arrow icon next to each trade, further information will appear
3. You can:

• Pre-delivery or extend trades
• Attach settlement instructions
• View the deal history
• Update Trade Notes by clicking the pencil icon
• Download trade information
• Filter results 

View how to action each of these by following the steps under the headings below

1. Select the arrow icon next to the trade, click Pre-deliver
2. Add the pre-delivery amount in the Buy or Sell field
3. Update the Value Date
4. Click Request Quote.  The rate will refresh every 6 seconds and time out after 30 seconds, select Request Rate again if it times out
5. Click Accept & Execute when you are ready to proceed.  The currency conversion may go for dealer intervention. Please wait for next instructions on the screen

1. Select the arrow icon next to the trade, click Extend 
2. Add the amount your want to extend in the Buy or Sell field
3. Update the Value Date
4. Click Request Quote. The rate will refresh every 6 seconds and time out after 30 seconds, select Request Rate again if it times out
5. Click Accept & Execute when you are ready to proceed.  The currency conversion may go for dealer intervention. Please wait for the next instructions on the screen

1. Select the white checkbox next to the Trade. You can select multiple trades in one go. If the checkbox is grey, select the arrow and find  Remove Settlement Instructions button to update and attach new instructions
2. Scroll down to Trade Summary at the bottom of the screen  
3. Click Attach Settlement Instructions
4. Choose your Settlement method from the dropdown
5. Add the amount and type a reference for your records
6. Click Confirm

1. Select the arrow next to the Trade
2. Click Trade History.  View deal history of the trade including when it has been pre-delivered or extended

1. Select the arrow next to the Trade
2. Click Status History. Status History shows the processing of the trade, like who it has been authorised by or if the trade has been fully processed, cancelled or declined

1. Click View Payments on your dashboard to find your same currency transactions

• Review same currency transactions
• Click the arrow for more details on each item
• Download information using the download icon in your top left hand corner
• Filter results to search for transactions
• Toggle between past and future payments

1. Click View FX Trades on your dashboard 

• Review cross currency transactions
• Click the arrow for more details on each item
• Red icon highlights actions are required
• Download information using the download icon in your top left hand corner
• Filter results to search for transactions
• Toggle between outstanding and previous trades

1. From the CommBiz Homepage, click on File Transfer
2. Select File Type ‘FX Settlement’
3. Browse to choose the file you want to import and follow the steps on the screen
4. This will take you to the IPFX screens where you can choose an existing FX trade or create new FX trade or a combination of both to apply the exchange rate