6 tips for choosing a better international money transfer provider
Whether you’re sending money overseas for the first time or are on the lookout for a different provider, always be sure to research what’s on offer.
The top international money transfer providers can help you send money overseas quickly, at a good exchange rate and with minimal fees. These things matter as they can save you time and money!
Here are a few simple tips you can consider when choosing your International Money Transfer provider:
- Shop around on price: It’s always a good idea to have more than one option. This gives you a chance to compare exchange rates and select the one that’s best for you.
- Think about your needs: Your specific transfer needs might differ from the next person. Take time to compare different options according to your own needs.
- Consider how you’ll pay any fees: For example, you might need to pay a higher fee or interest charges or even bad exchange rates if you pay via credit cards.
- Easy transfer options: Make sure the provider you’re considering has a transfer option that’s easy to access. For example, an online transfer from your phone can be done within a few minutes.
- Check the transfer time: You don’t want to worry about moving money during an emergency.
- Track your transfers: It’s always reassuring to have a service that provides up to date information.
If you’re ready to start comparing international money transfer providers, our Mozo experts have handpicked some of the best on the market.
I want to transfer
Today’s foreign exchange rates
- Excellent exchange rates, no transfer fees
- 24/7 transfers online, over the phone or through the TorFX app
- Personal account management and expert insights
$6,659 USD
$0.6659 USD
1-2 days
$200 minimum
- Send to 200+ countries and 100+ currencies globally
- Dedicated Australia-based client services team with personal account management for transfers over $20,000
- 48,000+ 5-star 'Excellent' ratings on TrustPilot
$6,645 USD
$0.6645 USD
1-3 days
none
- Fee Free transfers
- Talk to a human, 24/7. Sharp Rates and Fast and Secure transfers.
- Australian owned, ASX listed and Official Foreign Exchange Provider of the NHL
$6,634 USD
$0.6634 USD
1-2 days
$250 minimum
$500 monthly minimum for regular transfers
- Transact online 24/7 with fast settlement & extremely competitive rates.
- Quick and easy account setup, supports multiple payment methods including debit/credit card, bank transfers and wire transfers.
$6,645 USD
$0.6645 USD
Within minutes
$0 minimum
- Competitive exchange rates and low fees to pay
- Enjoy instant transfers between Revolut users
- Go global and send to 100+ countries in 40+ currencies
$6,658 USD
$0.6658 USD
Immediate
none - AUD $2,000 per month limit on fee free transfers on the Standard subscription tier