Commonwealth Bank is an Australian multinational bank. The bank offers international money transfers, foreign currency accounts, and foreign cheques and drafts. The bank offers its money transfers to more than 200 countries in over 30 currencies.
In order to use the remittance service, customer needs to hold an account with the Commonwealth Bank. Also, the customer does not need to provide any ID proof for making a remittance as the ID proof verification is done by Commonwealth Bank at the time of opening the account.