Top10MoneyTransfer is a free online resource created to help users find the information they need to make confident decisions. We invest significant time and effort into researching and presenting content in a clear and accessible way.
That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details - and we always welcome your feedback.
We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions. You can find more information here.
Top Money Transfer Services - Australia
All listed services are safe & regulated 
Get bank beating rates on your transfer
Fast mobile transfers
Available on:
Best for transfers A$10K+
1
Exclusive rates on transfers in major currencies
Get more of your money on high-value transactions
Get more of your money on high-value transactions
2
Optimised for high-value overseas transfers
Dedicated account manager for large transfers
Dedicated account manager for large transfers
3
Supports multiple currencies for overseas transfers
Transparent pricing with no hidden fees
Transparent pricing with no hidden fees
Best for transferring home
4
Great rates for AUD-INR/PHP/KES
Best for Business
5
Global payments for growing businesses
AUD
USD
Med Charges
6
Cost-effective for small transfers
7
Transparent pricing with no hidden fees
8
P2P exchanges for 20+ currencies
AUD
GBP
High Charges
Advertiser Disclosure
Top10MoneyTransfer is a free online resource created to help users find the information they need to make confident decisions. We invest significant time and effort into researching and presenting content in a clear and accessible way.
That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details - and we always welcome your feedback.
We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions. You can find more information here.
That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details - and we always welcome your feedback.
We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions. You can find more information here.
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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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Best for transfers A$10K+
1
|
Get more of your money on larger transfers
Personalized service for high-value clients
Dedicated account manager available
Secure transfers with robust encryption |
AUD
USD
Low
AUD
CAD
Low
AUD
EUR
Low
|
FCA, FinCen, ASIC
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Time to Open Account
Up to 2 minutes
Sending Options
Bank account
Debit or credit card Wire transfer Receiving Options
Bank account (up to 4 days)
Required Documents
ID, proof of address
Money Transfer
Tracking
Live
Rates
Advanced
Currency Solutions
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|
2
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Optimised for large overseas transfers
Advanced risk-management tools
Transfers completed within minutes |
AUD
GBP
Low
AUD
NZD
Low
|
ASIC, AUSTRAC
|
||||
|
Time to Open Account
Up to 3 minutes
Sending Options
Bank transfer
Receiving Options
Bank transfer
Required Documents
ID, proof of address
Recurring
transfers
Phone
support
24/7
processing
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|
3
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No transfer fees & best-rate guarantee
Multi-currency support for global transfers |
AUD
NZD
Low
AUD
EUR
Low
|
ASIC, FCA, MAS
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||||
|
Time to Open Account
Up to 3 minutes
Sending Options
Debit card
Bank account Receiving Options
Bank account
Required Documents
ID, proof of address
Local support team
on the Gold Coast
Phone
support
24/7 online
transfers
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Best for transferring home
4
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Minimum transfer: none
Instant cash collection & airtime top-ups |
AUD
 INR
Low
AUD
KES
Low
|
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 Business
5
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Global payments for growing businesses
Same-day international transfers |
AUD
USD
Med
|
8.4
Review
|
ASIC, FCA, SFC, FINTRAC
|
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Time to Open Account
Same-day international transfers to 120+ countries
Sending Options
Bank account
Receiving Options
Bank account
Airwallex Global Account Required Documents
- Certificate of incorporation
- ID and authorization of UBO - Supporting business documents Corporate cards
Fast setup
Competitive
FX rates
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6
|
Holds more than 50 currencies
Cost-effective for small transfers |
AUD
UGX
Low
AUD
IDR
Med
|
FCA
|
||||
|
Time to Open Account
A few minutes
Sending Options
Bank account
Credit/debit card PISP SWIFT Google Pay / 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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|
7
|
Transparent pricing with no hidden fees
Multiple delivery options for recipients |
AUD
PHP
Low
AUD
MYR
Med
|
FCA
|
||||
|
Time to Open Account
About 3 minutes
Sending Options
Credit/debit card
Bank transfer Receiving Options
Bank account
Cash collection Mobile money Home delivery Required Documents
Bank statements
ID documentation Mobile
transfer
Phone
support
Two-factor
authentication
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|
8
|
Five free transfers for new customers
Get support by phone or email |
AUD
GBP
High
|
ASIC, CBI
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Time to Open Account
A few minutes
Sending Options
Bank transfer
Mobile app Debit card Receiving Options
Bank account only
Required Documents
ID: Passport/driver’s licence
Proof of address (eKYC) Xero integration
(business)
Phone
support
Payment
tracking
|
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Customer Experiences
"XE is reliable trusted and smooth for sending money overseas . When sending larger transactions, it is the best and safest." - Karl, verified Trustpilot review
Pros
- Instant and professional customer support 24/7
- No maximum transfer limit when paying via phone
- More than 70,000 5-star ‘Excellent’ Ratings on Trustpilot
- $0 fees per transaction with highly competitive “mid-market” exchange rates
- FX risk management across 139 currencies and over 200 countries
Cons
- Maximum online transfer amount of GBP 350,000 (or currency equivalent)
- Cheques and cash payments are not accepted
"My Send account was quick and easy to set up. The transaction process was very fast and my supplier had the funds in his bank account faster that I could expect using a bricks and mortar bank."
- R.M., verified Trustpilot review
Pros
- No fees on transfers over A$5K
- Highly competitive exchange rates
- Highly responsive account manager
- Ideal for relocating funds to or from Australia, or for large purchases
- Fully licensed and regulated by Australian authorities (ASIC)
Cons
- Registration is required before exchange rates can be viewed
- Transfer methods are limited to bank-to-bank only
- The following currencies are not supported: PHP, INR, MYR, KES, IDR, UGX, and BGN
"We have been using Torfx for over 20 years. Never a hiccup in all that time and somebody is always at the end of the phone if we have any queries."
– Alan Milverton, verified Trustpilot review
Pros
- Award-winning money transfer service (2016–2025)
- Excellent exchange rates and no transfer fees
- Transfer 24/7 via app, online or phone
- No transfer limit when using phone service
- Best suited for larger transfers (A$2,000+)
Cons
- Transfer limit of A$25,000 per transaction online/app
- Less competitive for smaller transfers (below A$2,000)
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.