Our practical guide to sending money overseas using a Post Office in Australia.

Australia Post outlets are part of the large Western Union network. In essence, your international money transfer goes through Western Union. The post office is just the store-front. So the exchange rate is set by Western Union – not Australia Post

ALSO SEE: Australia Post Office Currency Exchange Rates Compared

 

How to use the Aus Post to send money overseas

Sending money overseas through the Post Office can be done online or in-store at a participating Australia Post outlet.

Online:

If completing your transfer online, the Australia Post website redirects you to Western Union.

In-store:

If going into a Post Office, you will be required to complete the Western Union Money Transfer Transaction Form.

 

Compare Cheaper Ways to Transfer Money from Overseas


 

Before you head down to the Australia Post Office

There are 4 pieces of information you’ll need, no matter where you are transferring the money

·       SWIFT code of the bank you are sending the money to

·       The name of the bank

·       An Account name

·       An Account number

The rest depends on where you are sending the money, but for all the information you need, click here.

 

What other options are there to transfer money overseas?

For payments under $1000, the Post Office is a reasonable option. Other common ways to send money overseas are Moneygram or Paypal.

For larger payments over $1000, most Australians use a bank to transfer money overseas, but it’s not the only option you have. Some people choose to transfer money overseas using a currency company instead of a bank. Each option comes with their own benefits, fees and charges. Make sure you do your research and compare each option before you transfer money.

 

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Helping You Save Money on Currency

Buying travel money or transferring money overseas can be expensive and confusing. So how do you make the best choice and get the most out of your money?

An easy way is to use a comparison table for either international money transfers or currency exchange. These tables list and compare the banks with other large foreign exchange companies.

We’ve also put together tons of helpful videosguides and reviews that will help you make the right decision. You can work out a cheaper way of converting currency while still keeping your money safe.