![]() Pay XE and they will transfer the funds to your recipients bank account.Tap in how much, where to and which currency. ![]() Set up account online or over the phone.Business and individual support, plus accessible customer service.Better exchange rates for larger amounts. ![]() No fees or minimum amounts for money transfers.They are licensed as a Money Transmitter by the DFS in New York and registered with FINTRAC. Your recipient will get the money their account in 2-3 business days. Transfer Fee: Free, but there can be hidden charges at the local bank.Įxchange Rate: The exchange rate you receive, when you convert your Australian dollars, will depend on the amount of your transfer. They don't charge fixed fees and don't have any minimum amounts so are good for any sized transaction. Learn more about how to transfer money with OFX in this step-by-step guideĪs a trusted and seasoned name in foreign exchange, XE could be a good option for online users who aren't under time pressure.'Finalise transaction' and pay using a bank or wire transfer.Enter your recipients details including bank account, financial institution number, account number and branch transit number.Create a free online account and login to get a live quote for your transfer.Good exchange rates and lock-in rate for larger amounts.See our full review of OFX for more information. Your recipient will get the money in Australian Dollars (AUD) into their account in 1-2 business days. Minimum Transfer Amount: AUD$250 How long does it take? Transfer Fee: OFX usually charge a flat fee for smaller amounts, but if you click on the link below, your transfers will be fee free.Įxchange Rate: OFX add a margin to the exchange rate when you convert your Australian dollars. They are a good option for Australians who don't mind transacting online, but still want local customer support over the phone. With headquarters in Sydney, it has a good track record for security. OFX (formerly Ozforex) was founded in Australia and has grown into a well-respected global company. Learn more about how to transfer money with Wise in this step-by-step guide.Make a local payment to Wise, using a bank transfer or your debit or credit card.Transparent fees and offer the best rates online.Click here to see our full review of Wise. If you are sending it to a local Australian bank account it's usually done by the next business day. If you are transferring money between your own Wise accounts, it's instant. Payment methods: Bank transfer, debit card and credit card. For transfers over 200,000 NZD it's a flat fee of 2.03 NZD + 0.39% of the amount.Įxchange Rate: Wise gives you the best possible rate (google rate). Transfer Fee: To convert New Zealand Dollars (NZD) into Australia dollars (AUD), Wise charge a flat fee of 2.03 NZD + 0.49% of the amount that's being converted. It's particularly useful if you are living overseas and want to transfer money back to Australia. One of the best products they offer is their Borderless account. They also have the best exchange rates, because they offer the same market rate you see on XE or Google and don't add any hidden exchange rate mark ups. It's incredibly easy to set up an account or make a transfer using their app. Learn more about how to transfer money with TorFX in this step-by-step guide.If you're sending money overseas to your own international account, fill in your own details. Once you have a quote for your transfer, fill in the recipients details.Choose the type of account you need, your details and the currencies you'll transfer. Register your details through the TorFX website.Excellent customer support available via phone and email. ![]()
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