Top 10 Money Transfer Services - Australia
Low fees: 0-$1, no minimum transfer
Fast & helpful customer support
Bank beating exchange rates
Advertiser Disclosure
Advertiser Disclosure
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Service
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Features
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Score
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Transfer Money Now
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Ideal for AUD-INR transfers
1
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Great rates for AUD-PHP/INR/THB
Low fees: 0-$1
Minimum transfer: none
Instant cash pickup & airtime top-ups |
AUD
 INR
Low
AUD
PHP
Low
AUD
THB
Low
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FCA
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Time to Open Account
A few minutes
Sending Options
Bank Account
Mobile App Receiving Options
Cash pickup
Bank transfer Mobile money Airtime top up Door-to-door Required Documents
ID Documentation, Proof of Address
Mobile/App
Transfers
Social Media
Support
SMS/email
Notification
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Best for AUD-PHP
2
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Best for sending money to the Philippines
Instant transfers, no need for confirmation
Sends funds directly to wallet |
AUD
PHP
Low
AUD
INR
Low
AUD
GHS
Low
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9.5
Review
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ASIC, AUSTRAC
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Time to Open Account
A few minutes
Sending Options
Load your Rocket Remit account via:
Credit/Debit Card Internet Banking, or POLi Receiving Options
Receivers mobile wallet
Required Documents
ID/passport
Mobile money
Uses Gcash
Support on
Chat/Phone
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3
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No fees on transfers over £/$/€250
Transfer speed: 1-2 hours |
AUD
PHP
Med
AUD
INR
Med
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FCA, FinCen, ASIC
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Time to Open Account
A few minutes
Sending Options
Credit Card
Debit Card ACH Direct Debit (US Only) Bank Account Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Money Transfer
Tracking
Live
Rates
Advanced
Currency Solutions
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4
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No minimum transfer amount
Door to door cash delivery option |
AUD
USD
Med
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FCA
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Time to Open Account
A few minutes
Sending Options
Credit/Debit Card
Bank Account Receiving Options
Bank Deposit
Cash Pickup Mobile Money Home Delivery Required Documents
Bank statements, ID Documentation
Mobile
Transfer
Phone
Support
Two-Factor
Authentication
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5
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Offers travel card on Google wallet
Holds more than 50 currencies |
AUD
MYR
Low
AUD
IDR
Med
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FCA
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Time to Open Account
A few minutes
Sending Options
Bank account
Credit/Debit Card PISP Swift Google/Apple Pay Receiving Options
Bank account
Required Documents
ID Documentation, Proof of Address
Travel Money
Mobile/App
Transfers
Multi-Currency
Card
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6
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Handy for paying family, friends & bills
Multilingual customer support |
AUD
INR
High
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8.2
Review
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FCA, HMRC
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Time to Open Account
2 minutes
Sending Options
Bank transfer
Credit/debit card Sofort Google pay Apple pay Mobile App Receiving Options
Bank Account
Card numbers Phone number Cash payouts Required Documents
ID, Proof of Address, Proof of funds, Phone number
30 minutes
delivery
Social Media
Support (FB)
Track
Transfer
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Latest Reviews
"Fast and efficient service, I have full confidence in WorldRemit and make the transfer of funds so easy."
Pros
- Low costs incurred in transferring funds
- Friend referral bonuses available to clients
- Fully licensed and regulated by the FCA of the UK
- Flexible Payment Options: credit/debit cards, bank transfer and others
- Customer service available 24/7 in 6 different languages
Cons
- Not all countries are covered by WorldRemit services
- Transfer limit: max of $9k in 24 hours and $5k per transaction
"I send money to my family in the Philippines and Rocket Remit uses Gcash. I'm impressed, no other remittance company does this. Also the fees are so cheap and my recipient got the money within minutes".
Pros
- Can send money to the Philippines through GCash
- Customer service available on Chat, email & Phone call
- Staff are extremely friendly and helpful
- Ideal for seasonal workers & family support
- Simple & quick transfers: Money can be sent easily to friends and family overseas using just their mobile number
Cons
- There is a maximum daily transaction limit of $1000 & a Minimum send amount of $25
- Your Rocket Remit account balance must not exceed $1000
"After many hours of researching my best options for funding my daughter's overseas tuition, I went with XE.com and I am very satisfied with the cost being minimal and the process expedient."
Pros
- Fully regulated by the FCA, FinCen, ASIC, and FMA.
- $0 fees per transaction with highly competitive “mid-market” exchange rates
- Free accounts (personal & business)
- 139 currencies to over 220 countries and territories
- Instant and professional customer support 24/7
Cons
- Cheques and cash payments are not accepted
- Maximum transfer amount of US$500,000 (or currency equivalent)
How to Compare Money Transfer Services
Top10MoneyTransfer recommends checking the following features when comparing online money transfer companies so you can find the best provider for your international transfer.
Safety
Check your chosen money transfer provider is regulated by a government authority, to ensure your money is safe & protected when transferred. The main regulators include:
– FCA (Financial Conduct Authority), UK
– ASIC (Australian Securities and Investments Commission)
– FinCEN (Financial Crimes Enforcement Network), USA
Fees & Rates
Some money transfer services charge a fixed transaction fee, others take a percentage of the transfer sum, while some services waive the transfer fee completely. The conversion rate is another money-maker for many services and as such poses yet another crucial pricing component to examine carefully. Consider the above to find the most cost-effective solution for your transfer.
Customer Support
Check the customer support channels available are convenient for you. These generally include email, online chat, phone or online ticketing system. In addition, some money transfer services provide a personal account manager to assist with special transactions and important tasks. Try checking this beforehand, to avoid stress when you need help.
Sending & Receiving Options
It’s important to confirm the sending options offered by your preferred money transfer provider are convenient for you. You should also ensure that your recipient is able to easily collect the money sent. Common sending options include bank transfer or credit card. Common receiving options include bank transfer and cash pickup.
Transfer Amounts
Another important element to consider is the amount of money you wish to transfer. Some services offer better features and benefits for large transfer amounts or business transfers, while others better handle small transfer amounts or cash transfers. Use our comparison table to determine which provider best suits your money transfer needs.
Transfers from Australia
Safety
ASIC, the main regulatory financial authority in Australia, is responsible for monitoring activities of Australia based financial services. It is highly recommended to use the services of a company registered and licensed by the ASIC when making a money transfer from Australia.
Ease of Onboarding
Most top-rated Australia based money transfer services offer a completely digital account opening and user-authorization process. Any required proof of ID documents can be supplied digitally, eliminating waiting times. With this option, new customers are able to complete the onboarding process online, in just a few minutes.
Fees and Rates
Australia is at the center of the modern FinTech industry, hence you can find a lot of different money transfer services to choose from. This gives users the option to use a service that charges minimal or no transaction fees combined with fair mid-market exchange rates. You can save on average up to 8 times on rates & fees by using top services like XE instead of a high-street bank such as Commonwealth Bank.
