If you read these links in conjunction with the one I posted earlier from AUSTRAC website it appears the originating institution that receives the order from the customer has the reporting obligation for international transfers This obligation appears irrelevant to the underlying technology such as SWIFT that processes the transaction.
https://www.austrac.gov.au/business/how-comply-guidance-and-resources/reporting/money-sent-overseas-itfi
https://www.austrac.gov.au/glossary/ordering-institution
Ann: SWIFT Operational Update, page-289
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)