Top 5 best Azimo alternatives for sending money abroad [2023]

Specialist money transfer apps and sites can help customers make international payments which are cheaper, faster and more convenient than the options on offer from many banks. If you’re looking for a smart way to send money overseas from Australia you may have heard of Azimo. Unfortunately, Azimo stopped offering person to person payments from 31 August 2022.

Don’t worry though – there are plenty of other sites like Azimo out there – this guide to Azimo alternatives looks at how a few compare to help you pick the right one for you.

Here are the Azimo alternatives we’ll look at – and a word about why:

  • Wise – Mid-market exchange rates, transparent fees and  quick delivery
  • OFX – 24/7 phone support and no transfer fee
  • TorFX – Personal account management options
  • Remitly – Payments on popular remittance routes
  • Western Union – Huge agent network for convenient cash transfers

What happened to Azimo?

Let’s open with the most obvious question – where is Azimo now?

Azimo launched in the UK 2012, and had been an active payment provider for personal and business payments, including through its subsidiary here in Australia. Between 2012 and 2022, it served over 2 million customers. However, Azimo was recently acquired by Papaya Global, and has pivoted to focus on providing salary payments to business customers under Papaya Global. It is no longer working under the Azimo brand for personal or business transfers.

If you previously relied on Azimo you’ll be looking for alternatives. We have some great picks coming right up.

Alternatives to Azimo comparison

To help you find the right Azimo alternative for your payment we’ll take a look at 5 international money transfer providers that compare to Azimo. We’ve taken into account their speed, transparency, ease of use and price when transferring money abroad – with more details coming up right after this overview.

Provider Exchange rate Speed Convenience
Wise Mid-market exchange rate 50%+ of payments are instant, 90% arrive in 24 hours
  • Mobile app:Yes
  • Customer support: 24/7 in app and by email
  • Languages: 16 languages supported
OFX Exchange rate includes a markup Most transfers are received within 24 hours
  • Mobile app:Yes
  • Customer support: By phone and email
  • Languages: App available in English only, global support where OFX has office locations
TorFX Exchange rate includes a markup 1 – 2 working days
  • Mobile app:Yes
  • Customer support: By phone and email
  • Languages: App available in English only
Remitly Exchange rate includes a markup Varies by destination and payment type
  • Mobile app:Yes
  • Customer support: By chat and phone
  • Languages: English, French and Spanish
Western Union Exchange rate includes a markup Cash collection payments can be instant, bank deposits may take a day or two
  • Mobile app:Yes
  • Customer support: In person, via the app and by email
  • Languages: App is available in 20+ languages, in store support in local languages around the world

Which Azimo alternative is best for you will depend on the type of payment you want to make, and the destination country.

  • Wise provides fast payments with the mid-market exchange rate, deposited to bank accounts directly – learn more
  • OFX can help if you need currency risk management solutions, or if you’d rather talk through your transfer by phone
  • TorFX has a personal service with online payments to 50,000 AUD for personal customers
  • Remitly offers payments to banks and for cash collection, on popular remittance routes
  • Western Union can help if you want to get your money in cash to someone – fast

1. Wise

Wise has over 13 million personal and business users around the world, and is known for its transparent fees and great exchange rates. You can make cheap, fast international payments or open a Wise multi-currency account to hold and exchange 50+ currencies in one place.

Best Wise features

Wise payments use the mid-market exchange rate with low, transparent fees. Transfers are super fast – over half arrive instantly, and 90% arrive within a day. You can send money with Wise to 80+ countries, and if you’re looking for a way to receive, exchange or easily spend in foreign currencies, you can also get a Wise account.

Wise accounts can hold 50+ currencies, receive payments like a local in up to 10 currencies, and personal customers can also spend in 170+ countries with a linked Wise international debit card.


  • Usually the best available exchange rate
  • Transparent fees you can see and compare before you make a payment
  • Send to 80+ countries, direct to bank accounts
  • Open a multi-currency account to get paid in foreign currencies for free


  • Fees vary based on payment method and destination
  • Accounts are not interest bearing

Go to Wise

2. TorFX

TorFX has 300,000+ customers, several global offices, and offers a high level of service for international payments and currency risk management solutions. It’s a frequent recipient of customer service awards, and holds the highest possible credit rating.

Best TorFX features

Use TorFX by phone, online or in app, to send one off or recurring payments, and to access currency services including forward contracts and market orders. Services are available for personal and business customers, with TorFX often being highlighted as a top customer support provider in the payments industry.

There are no transfer fees when you send a payment with TorFX. Instead, a charge will be added to the exchange rate used to convert your funds.


  • Award winning personal service
  • Currency risk management options for individuals and businesses
  • Payments can arrive on the same day – or up to 2 days for more exotic currencies
  • Make online payments up to the value of 50,000 AUD


  • Exchange rates include a markup
  • You’ll need to register an account to see the rates offered and compare the cost of your transfer

Go to TorFX

3. OFX

OFX is a currency specialist which offers international transfers as well as currency risk management services like forward exchange contracts and limit orders. Online sellers and business customers can also get a multi-currency account.

Best OFX features

OFX stands out for its personal service, with offices around the world providing a 24/7 phone service – reassuring if you’re sending a large payment or if you need a currency risk management solution. There are no transfer fees when you send an OFX payment – instead, there’s a small markup added to the exchange rate used to convert your payment, which can represent far better value than using your bank.


  • Send in 50+ currencies, to over 190 countries
  • No transfer fee
  • Most payments arrive in 24 hours
  • Personal service by phone


  • Exchange rates include a markup
  • No cash, checks, bank drafts or credit cards

Go to OFX

4. Remitly

Remitly was set up to help people sending money home to loved ones on popular remittance routes. You can make a Remitly payment from any of 28 supported sending countries, including Australia, to around 100 different countries.

Best Remitly features

Send Remitly payments to bank accounts, mobile money accounts and for cash collection, with services and currencies offered varying by destination country. In some cases you’ll be able to opt to pay with a bank transfer, for an economy payment – or with a Maestro, Mastercard or Visa card for an Express transfer. Express payments may arrive in minutes, while the cheaper Economy option can take 3 to 5 business days to arrive.


  • Good range of payout options
  • Send to around 100 countries
  • Choose cheaper fees or a faster transfer depending on your needs
  • Online and in-app service for convenience


  • You can’t transfer between ‘sending’ countries
  • Exchange rates may include a markup, and there’s usually a transfer fee to pay

Go to Remitly

5. Western Union

Western Union is one of the best known money transfer brands on the planet, with a huge agent network which covers almost every country in the world. Send money online, in-app or in person, with a range of different ways to pay – and different payout options depending on what suits your recipient.

Best Western Union features

Western Union really stands out because of its global range. You can send money to almost every country in the world, and have it collected in cash in just a few minutes. That makes Western Union a good Azimo alternative if you need to get cash to someone who doesn’t have access to a bank account easily.


  • Cash collection payments can be instant
  • Range of ways to pay, and for the money to be received
  • Send to almost every country on the planet
  • Easy to use app – or an in person service at an agent if you prefer


  • Exchange rate markups apply
  • Fees vary and can be on the high side

Why you should use Wise as an Azimo alternative

Wise can be a strong Azimo alternative, with currency conversion that always uses the mid-market exchange rate and low, transparent fees. Wise personal accounts are always free, with no monthly charges to worry about. Wise also offers the option to hold and exchange 50+ currencies in their Wise Account – worth considering if you travel often or love to shop with a range of international ecommerce stores.

Why you should use OFX as an Azimo alternative

OFX might have the edge as an Azimo alternative if you need very high value payments or more complex currency risk management tools. Because OFX has a 24/7 phone service you’ll also be able to talk through your needs with a support agent, which can be reassuring.

Try Wise

Why you should use TorFX as an Azimo alternative

Like OFX, TorFX may be the best Azimo alternative for you if you need to manage currency risk, or make high value transfers around the world. TorFX also has decent phone support options – and it’s celebrated for its service, which is delivered with a personal touch. If you’re unsure of the payment type you need, or looking for in person advice, this may be a good bet for you.


Why you should use Remitly as an Azimo alternative

Remitly may be a good Azimo alternative if you want to remit money home quickly for cash collection. Remitly payments have a range of fee options and delivery times to suit your personal preferences, and can often be collected in cash locally, or even sent out for home delivery in some destinations.

Try Remitly

Why you should use Western Union as an Azimo alternative

Western Union is another strong Azimo alternative if you want to pay in cash for your transfer – or if you need the recipient to get their money in cash in the destination country. Western Union has a good customer support operation and you can always walk into an agent office to get face to face help – another bonus if you’re a fan of in person customer service.

Still looking for providers? Compare all international money transfer services

Are the alternatives safe?

Yes. All the Azimo alternatives we’ve picked out for you are reputable businesses which are trusted by their customers, and properly licenced and regulated in the countries in which they operate.

Azimo alternatives conclusion

Azimo was a popular payment provider, serving over 2 million customers over its 10 years in business. However, since it was acquired by Papaya Global, it’s no longer possible to send payments with Azimo. Instead, check out these Azimo alternatives, to see if one suits you better. Our range of alternatives cover great options – whether you want to send money with the real exchange rate, get currency risk management advice, or have your payment collected in cash at the other end.

FAQ – Alternatives to Azimo

What is the cheapest way to send money internationally?

Sending money internationally with a specialist online or digital service is often cheaper than using a bank. However, different services have their own rates and fees – so to find the cheapest way to send money internationally in your specific case, you’ll want to compare a few options based on both the transfer fees and the exchange rate markups applied.

Which is the safest mode of money transfer?

Sending your payment with a properly regulated and trusted provider is essential. Check the money transfer service you pick is reputable – in most cases these services are regulated in the same way as your bank, which makes them just as safe for the services they offer.

What is the best company to transfer money with?

There’s no single best company to transfer money with. Comparing a few is the best way to get a good deal. At Exiap we only review and compare trusted providers – so you can use our top picks as a starting point to find the best one for you.

Claire Millard
Fintech copy and content writer
Claire Millard is a content and copywriter with a specialty in international finance. Her work has featured in The Times and The Telegraph, as well as industry magazines and leading personal finance blogs.
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Ileana Ionescu
Content manager
With a background in business journalism, Ileana is an experienced content manager, creating content for Exiap that helps its audience make informed decisions about their finances.
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Last updated
November 13th, 2023