Top Money Transfer Services - Australia

All listed services are safe & regulated
Get bank beating rates on your transfer
Fast mobile transfers
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Advertiser Disclosure

Top10moneytransfer.com is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. Top10moneytransfer.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.
Our top choice
1
Transfer Fees: Low
Score
9.8
Excellent exchange rates, no transfer fees
Transfer online 24/7, by phone or app
i
AUD
NZD
Low Charges
AUD
EUR
Low Charges
2
Transfer Fees: Low
Score
9.5
Dedicated team for sending $50k+/year
Passport or drivers license required
i
AUD
USD
Low Charges
AUD
CAD
Low Charges
3
Transfer Fees: Low
Score
9.2
Great rates for AUD<>NZD/EUR/USD
Personal account manager for large transfers
i
AUD
GBP
Low Charges
AUD
NZD
Low Charges
4
Transfer Fees: Low
Score
8.8
Great rates for AUD-INR/PHP/KES
i
AUD
INR
Low Charges
AUD
PHP
Low Charges
5
Transfer Fees: Low
Score
8.4
Same day express transfers
i
AUD
THB
Low Charges
AUD
PKR
Low Charges
6
Transfer Fees: Med
Score
8.2
Offers travel card on Google wallet
i
AUD
MYR
Low Charges
AUD
PHP
Med Charges
7
Transfer Fees: Med
Score
8
A global expert team available 24/7
i
AUD
NZD
Med Charges

Advertiser Disclosure

Top10moneytransfer.com is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. Top10moneytransfer.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.
Service
Features
Charges
Score
Regulation
Transfer Money Now
Our top choice
1
No transfer fees, excellent exchange rates
Transfer online 24/7, by phone or app
Check live exchange rates, set rate alerts
Buy currency & fix exchange rates
AUD
NZD
Low
AUD
EUR
Low
AUD
GBP
Low
FCA, ASIC, MAS
Time to Open Account
Up to 3 min
Sending Options
Debit Card
Bank Account
Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Local branch,
based at Gold Coast
Phone
Support
24/7 Online
transfers
3,306 Reviews | Excellent
2
Dedicated team for sending $50k+/year
Strong, enterprise-grade security measures
Custom alerts for mid-market rate
AUD
USD
Low
AUD
CAD
Low
AUD
EUR
Low
ASIC, FinCen, FCA
Time to Open Account
Up to 2 min
Sending Options
Bank Account
Debit or Credit Card
Wire Transfer
Receiving Options
Bank Account (up to 4 days)
Required Documents
A passport or driver's license required
Live
Rates
Advanced
FX services
Enterprise-grade
Security
64,593 Reviews | Excellent
3
Great rates for AUD<>NZD/EUR/USD
Personal account manager for large transfers
AUD
GBP
Low
AUD
NZD
Low
AUD
USD
Low
ASIC, AUSTRAC
Time to Open Account
Up to 3 min
Sending Options
Bank transfer
Receiving Options
Bank transfer
Required Documents
ID, Proof of Address
Recurring
Transfers
Phone
Support
24/7
Processing
270 Reviews | Excellent
4
Minimum transfer: none
Instant cash pickup & airtime top-ups
AUD
INR
Low
AUD
PHP
Low
FCA
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
55,075 Reviews | Great
5
Fee free on 1st transfer
Door to door cash delivery option
AUD
THB
Low
AUD
PKR
Low
FCA
Time to Open Account
3 min
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
6
Offers travel card on Google wallet
Holds more than 50 currencies
AUD
MYR
Low
AUD
PHP
Med
FCA
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
3,045+ Reviews | Excellent
7
Pay & get paid with a global account
Transfer Money in 55+ Currencies
AUD
NZD
Med
FCA, ASIC
Time to Open Account
Up to 3 min
Sending options
Wire Transfer
Debit Card
Receiving Options
Bank Account
Required Documents
ID Card, Proof of Address
Local Account
Solutions
Mobile
Transfers
Locked-in
Exchange Rates
4,801 Reviews | Excellent

Latest Reviews

"Excellent professional and speedy service. I recommend it highly and would use again."

Pros

  • Multiple award-winning money transfer services (2016-2022)
  • Excellent exchange rates with no transfer fees
  • Transfer 24/7 online, by phone or through the app
  • No transfer limit over the phone
  • Specializes in larger trades (£2000+)

Cons

  • Transfer limit of £25,000 online or on the app
  • Less competitive on lower value trades (below £2000)

"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

  • Instant and professional customer support 24/7
  • No maximum transfer limit when paying via phone
  • More than 50,000 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

"Couldn't believe how fast the transfer was to New Zealand, my money was transferred and there within an hour. Plus the service made everything so easy. Much better rates as well"

Pros

  • No Fees on transfers above 5k
  • Highly competitive exchange rates
  • Highly responsive accounting manager
  • Ideal for Relocating your funds to/from AU & when making big purchases
  • Fully licensed and regulated by Australian authorities (ASIC)

Cons

  • Registration is required before any exchange rates can be seen
  • Send-and-receive transfer methods are limited to bank-to-bank transfers
  • Does not support the following currencies: PHP, INR, MYR, KES, IDR, UGX and BGN

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.

Top 3 Currency Corridors (Australia)

The providers listed in our comparison offer transfers to a wide range of corridors, allowing you to send money to a large list of countries around the world. The most popular corridors from Australia are:

-AUD/EUR

-AUD/USD

-AUD/GBP