Top 10 Money Transfer Services - Australia

All listed services are safe & regulated
Get bank beating rates on your transfer
Fast mobile transfers
Available on:
Specialises in large transfers
1
Transfer Fees: Low
Score
9.8
Great rates for AUD<>USD/GBP/NZD
Personal account manager for large transfers
i
AUD
USD
Low Charges
AUD
GBP
Low Charges
2
Transfer Fees: Low
Score
9.5
Dedicated team for sending $50k+/year
Passport or drivers license required
i
AUD
EUR
Low Charges
AUD
USD
Low Charges
Ideal for transferring home
3
Transfer Fees: Low
Score
9.2
Great rates for AUD-PHP/INR/THB
Low fees: 0-$1, no minimum transfer
i
AUD
PHP
Low Charges
AUD
THB
Low Charges
4
Transfer Fees: Low
Score
8.8
High touch service at every stage
i
AUD
GBP
Med Charges
5
Transfer Fees: Med
Score
8.4
A global expert team available 24/7
i
AUD
NZD
Med Charges
6
Transfer Fees: Med
Score
8.2
Offers travel card on Google wallet
i
AUD
MYR
Low Charges
AUD
INR
Med Charges
7
Transfer Fees: Low
Score
8
Sends funds directly to wallet
i
AUD
PHP
Low 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.

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
Specialises in large transfers
1
Ideal for recurring business payments
Great rates for AUD<>USD/GBP/NZD
Personal account manager for large transfers
Advanced risk mitigation tools
AUD
USD
Low
AUD
GBP
Low
AUD
INR
N/A
ASIC, AUSTRAC
Time to Open Account
A few minutes
Sending Options
Bank transfer
Receiving Options
Bank transfer
Required Documents
ID, Proof of Address
Recurring
Transfers
Phone
Support
24/7
Processing
106 Reviews | Excellent
2
Dedicated team for sending $50k+/year
Passport or drivers license required
Custom alerts for mid-market rate
AUD
EUR
Low
AUD
USD
Low
AUD
GBP
Low
FCA, FinCen, ASIC
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
Live
Rates
Advanced
FX services
Enterprise-grade
Security
49,571 Reviews | Excellent
Ideal for transferring home
3
Great rates for AUD-PHP/INR/THB
Low fees: 0-$1, no minimum transfer
AUD
PHP
Low
AUD
THB
Low
AUD
INR
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
4
High touch service at every stage
Transfer online 24/7, by phone or app
AUD
GBP
Med
FCA, ASIC, MAS
Time to Open Account
A few minutes
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
5
Pay & get paid with a global account
Transfer Money in 55+ Currencies
AUD
NZD
Med
FCA, ASIC
Time to Open Account
A few minutes
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
6
Offers travel card on Google wallet
Holds more than 50 currencies
AUD
MYR
Low
AUD
INR
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
Best for sending money to the Philippines
Sends funds directly to wallet
AUD
PHP
Low
8 Review
ASIC, AUSTRAC
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
838 Reviews | Excellent

Latest Reviews

"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
  • 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
  • FAQ section does not provide information on supported countries, currencies, or rates

"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

"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

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