FAQ's
You can do it online at
www.audsmart.com. It's fast, simple and takes only a few
minutes. Please prepare a colour scan or
photocopy of your Australian driver’s licence,passport and/or Proof of age.
Anyone over 18 years of age with a Australian bank account. Your details will be verified according
to the appropriate Anti
Money Laundering regulations for the country of your domicile.
No, opening an account with AUDSmart is free and you have no obligation to place an order with us.
After you have completed the registration (input all details and uploaded documentation) we will
review your request and
reply within one working day. If successful you will receive an email confirmation from us.
Occasionally there might be a problem uploading a document to the AUDSMART website. Please note we
do not accept PDF files,
only JPG, GIF and PNG file extensions. If it does happen with your registration document, just
email
your supporting document to
support@audsmart.com and we will help you to complete the
upload.
Please check your SPAM folder. If you still do not receive confirmation email, please contact
support@audsmart.com for assistance.
An OTP is a One Time Password we use to validate your mobile number. The last stage of the
registration process is to validate
the OTP. Occasionally, customers will receive an OTP SMS on their mobile. If you don’t, please
email
support@audsmart.com and we will fix the problem as soon
as possible.
Click on “Sign In”, enter your email address, click on “Forgotten password” and “Submit”. Then, you
will have a password
reset link sent to your email.
A Fixed Rate
is applied at the time of placing the order. It means that the sender knows the exact amount of money that will be received by the beneficiary.An Indicative Rate
fluctuates according to the market forces of supply and demand. Changing market conditions affect the exchange rates continually. Upon placing the order, the Customer would see the approximate rate used, while the actual rate used will be set at the time of the money transfer to the beneficiary’s account.
For majority of our currencies like Cambodia and Hong Kong, the beneficiary will receive the fund
transfer within 1-2 business
days. It would be no longer than 5 business days for other currencies.
AUDSMART and its partners have great banking relationships in place and are able to offer the best
rates to our customers.
Urgent - No fees & no charges. The beneficiary will
receive money on the same day or on
the next working day. Urgent payments are available in 10 countries.
Priority - No fees & no charges are made by AUDSmart BUT
the beneficiary bank or an intermediary bank may deduct a fee. This fee is beyond AUDSmart’s
control
and differs for each bank.
The beneficiary will receive the money within 1-3 working day.
A transaction reference code is generated once you place a new order for a transfer with us. This
reference code allows you
to track your particular transaction. You MUST input this reference code when you transfer money to
us
so that we can process your funds.
If you forget to input your reference code on your bank transfer to us just email to
support@audsmart.com and provide your transaction details
along with your reference code and we will
do the rest.
You can send money to us only by internet banking or mobile banking ‘Pay Anyone’ and this usually
arrives with us the same
day or early the following day. You also can deposit cash via ANZ Smart ATM but
maximum is $5,000 AUD per transaction per day. Please note we do not accept cash, cash deposits
into our bank
account
or cheques of any kind.
*Please note that we are unable to receive funds from third parties. We only do receive funds from AUDSmart account holder.
*Please note that we are unable to receive funds from third parties. We only do receive funds from AUDSmart account holder.
AUDSmart is licensed by the Australia Government. You can view our licence at
Click here
and search for "DollarSmart Global".
AUDSmart’s system is highly secure. We use high quality technology to keep your confidential
information safe.
Yes, we will do KYC/AML (Know your Customer/Anti Money Laundering) compliance check on all
customers. AUDSmart regards both
money laundering and terrorist financing as serious offences. We therefore enforce a stringent Anti
Money
Laundering and Anti Terrorist Financing policy in our company. We will also do a compliance check
for
large orders depending on the reason given for the transaction, the source of funds, and the
currency
concerned.
Literally up to 37 countries globally (except restricted countries); however, the main countries we
transfer money to
Click to shown: For any countries not
on this list, please contact us at
support@audsmart.com to discuss your transfer
requirements.
According to Anti Money Laundering obligations, sanction screening requirements and security
reasons we are unable to make
payments to the following countries:

Our website operates 24 hours a day, seven day a week. You can place an order and transfer funds at
any time you want. We
will process your transactions during business hours from Monday to Friday (excluding public
holidays)
9:00 a.m. to 6:00 p.m (Sydney time).
Your fund transfer status will be shown on your dashboard from the time you start the transfer
until the funds arrive at
your beneficiary’s account. There will be five statuses shown:
- Pending Approval: Waiting for registration approval from our team
- Pending Customer Funds: How long it takes depends on the interface between your bank account and our bank account. Normally it takes less than a business day.
- Processing: We acknowledge receipt of your funds and are preparing to transfer these funds to your Beneficiary.
- Transferring: Your funds are being moved to your Beneficiary's destination country.
- Transfer Success: Your Beneficiary received your money.
For any issues, please send an email to
support@audsmart.com from the email address you used to
register with us. In this email, please detail
your issue and, if possible, send us a screenshot. We’ll get back to you as soon as we can.