Australia · Money service business
Convera Australia Pty LTD
Convera Australia Pty Ltd is an Australian proprietary company with its head office in Sydney. The Australian Securities and Investments Commission (ASIC) authorises it under Australian Financial Services Licence 404092. It is also registered with AUSTRAC as a remittance provider. It belongs to the Convera group, formerly Western Union Business Solutions, which Goldfinch Partners and The Baupost Group bought from The Western Union Company, with the initial closing in March 2022. It sells international payments, spot and forward foreign exchange contracts and foreign exchange options to businesses. In New Zealand it trades through a branch that holds a Financial Markets Authority derivatives issuer licence.
Licences and registrations
Held by Convera Australia Pty Ltd (LEI 549300XVKZNJ4UTCN573). 1 entry on 1 of the 22 tracked registers, retrieved 24 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| Remittance Sector Register (RSR)AUSTRACLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Independent remittance dealer or remittance affiliate (not distinguished on public register)Money Transmitter / Remittance | Not published by the register | Australia | Active | — | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CNAYAU22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of CNAYAU22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2025-01-04
- Last updated
- 2025-01-04
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Firm type
FX and business payments
Trades as Convera
- Standing
- According to the Australian Business Register, the firm changed its name from Western Union Business Solutions (Australia) Pty Ltd to Convera Australia Pty Ltd on 16 May 2023. It traded as Travelex GBP Australia Pty Limited until 4 March 2013.
- Ownership
- The firm is part of the Convera group, which private equity firms Goldfinch Partners and The Baupost Group acquired from The Western Union Company, with the initial closing in March 2022.
- Head office
- Level 12, 1 Margaret Street, 2000 Sydney, Australia
- Company register
- ASIC ACN 150 129 749 (ABN 24 150 129 749)
- Incorporated
- 2011
- Former names
- Western Union Business Solutions (Australia) Pty Ltd · Travelex GBP Australia Pty Limited
Online
- Websites & references
- convera.com ↗
convera.com ↗ Convera group global site
status.convera.com ↗ status page
convera.readme.io ↗ developer docs - Official social accounts
- LinkedIn ↗ · Instagram ↗ · YouTube ↗
Sources · 13 pages consulted
- abr.business.gov.au/ABN/View/24150129749
- abr.business.gov.au/AbnHistory/View?id=24150129749
- fma.govt.nz/business/licensed-providers/convera-australia-pty-ltd/
- convera.com/en-au/compliance-legal/compliance/
- convera.com/compliance-legal/licenses-and-regulatory-information/
- convera.com/docs/convera-financial-services-guide-au.pdf
- convera.com/docs/convera-terms-and-conditions-au.pdf
- convera.com/en-au/about-us/leadership/
- businesswire.com/news/home/20220301005856/en/Goldfinch-Partners-and-Baupost-Announce-Initial-Closing-of-Ac
- businesswire.com/news/home/20230710685281/en/Convera-Announces-Final-Closing-of-Western-Union-Business-Sol
- businesswire.com/news/home/20260129799440/en/Convera-Appoints-Industry-Leader-Meaghan-Riley-as-Chief-Comme
- convera.com/blog/company-news/convera-cco-meaghan-riley-cco/
- thefinancialtechnologyreport.com/convera-names-meaghan-riley-to-commercial-leadership-role/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Several models
- Licensed firm it operates under
- Convera UK Limited, United Kingdom Holding Balances are provided by Convera UK Limited directly or via Convera Australia as its agent
ASIC authorises the firm under Australian Financial Services Licence 404092 to deal in and make a market for derivatives and foreign exchange contracts and to deal in non-cash payment products. Under its terms, the firm acts as principal for foreign exchange contracts and payments. Client Holding Balances are provided by its affiliate Convera UK Limited.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Australian Securities and Investments Commission (ASIC) Australia | Australian Financial Services Licence | 404092 | In its own name | Active | convera.com ↗ |
| Australian Transaction Reports and Analysis Centre (AUSTRAC) Australia | Remittance Sector Register: independent remittance dealer or remittance affiliate | — | In its own name | Active | convera.com ↗ |
| Financial Markets Authority (FMA) New Zealand | Derivatives issuer licence (Convera Australia Pty Ltd, NZ Branch) | FSP168204 | In its own name | Active | fma.govt.nz ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm's terms say it holds initial margins and margin calls as client money under Part 7.8 of the Corporations Act 2001, and that these may be commingled with other clients' funds. Holding Balances are held absolutely by Convera UK Limited, not on trust, so the client has credit exposure to that company.
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
The firm offers spot and forward foreign exchange contracts, vanilla and structured foreign exchange options, wire transfers and foreign currency drafts to businesses, educational institutions and financial institutions. Its terms restrict the services to commercial use.
It serves clients in Australia under its ASIC licence and in New Zealand through Convera Australia Pty Ltd, NZ Branch.
- Payment volume
- USD 190bntotal turnover, described by the group as nearly USD 190 billion
- Sells to
- Small businesses · Enterprises · Financial institutions · Other
- Serves customers in 2 countries
- Australia · New Zealand
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Patrick Gauthier
Chief Executive Officer (Convera group)
- Chair
- Bill McNichols Chairman (Convera group)
- Chief financial officer
-
Michael Bourque
Chief Financial Officer (Convera group)
- Executive
-
Brendan Clegg
General Counsel and Chief Administration Officer (Convera group)
- Executive
-
Meaghan Riley
Chief Commercial Officer (Convera group)
- Executive
-
Mike Cahill
Chief Operating Officer (Convera group)
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The Convera group appointed Meaghan Riley, formerly Chief Operating Officer of Google Cloud North America, as Chief Commercial Officer.
businesswire.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CNAYAU22XXX
- How the BIC breaks down
- CNAYBank
- AUCountry · Australia
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300XVKZNJ4UTCN573
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry ID
- 9815f64faa0b
Profile
- Type
- Money service businessRemittance, currency exchange, cheque cashing and money orders. Usually registered with an anti-money-laundering supervisor rather than licensed prudentially. Taken from the licences on the tracked registers.
- Regulation
- AML registration onlyRegistered with an anti-money-laundering supervisor (FinCEN, FINTRAC, HMRC, AUSTRAC, Hong Kong Customs…) without a prudential licence.
- Register licences
- 1 entry on 1 register
- Activities
- Money remittance
- Licensed in
- Australia
- Country · region
- Australia · East Asia & Pacific
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- The Western Union Company · United States28ID94QU1140NC23S047 ↗
The The Western Union Company group has 17 institutions in the directory, in 13 countries: 11 hold a BIC and 6 do not.
Including Western Union International Bank GMBH - French Branch, Convera Malta Financial Limited, Convera UK Limited, Western Union International Bank, Western Union International Bank GMBH.
See the The Western Union Company group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 1 MARGARET STREET FLOOR LEVEL 12 SYDNEY 2000 AUSTRALIA
- Operational address
- 1 MARGARET STREET FLOOR LEVEL 12 SYDNEY SYDNEY 2000 AUSTRALIA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CNAYAU22XXX</BICFI>
<LEI>549300XVKZNJ4UTCN573</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CNAYAU22XXX</BICFI>
<LEI>549300XVKZNJ4UTCN573</LEI>
<Nm>CONVERA AUSTRALIA PTY LTD</Nm>
<PstlAdr>
<TwnNm>SYDNEY</TwnNm>
<Ctry>AU</Ctry>
<AdrLine>1 MARGARET STREET FLOOR LEVEL 12 SYDNEY 2000</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Remittance Sector Register (RSR)—Australian Transaction Reports and Analysis Centre (AUSTRAC) · register ↗ as at 24 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: convera.com (official website) · original; Patrick Gauthier: convera.com (official website) · original; Michael Bourque: convera.com (official website) · original; Brendan Clegg: convera.com (official website) · original; Meaghan Riley: convera.com (official website) · original; Mike Cahill: convera.com (official website) · original.
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