Transferring money overseas can be incredibly expensive. It can also be really confusing, trying to work out the best way to do it.

These guides will take you through what options are available, explain all the fees, charges and exchange rates.

Woman making International Money Transfers


Practical Guides for Beginners

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VIDEO: 4 Tips for Making an International Money Transfer

Start with a quick step by step guide to transferring money overseas

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5 Cheaper Ways to Transfer Money Overseas

Using a bank is one of the easiest ways of sending money overseas but it is also the most costly. Here are 5 cheaper alternatives

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Transferring Money Back to Australia

Transferring money back to Australia isn’t easy. It can also be really expensive depending on what exchange rate you get. This articles compares the best ways of moving money back to Australia.



 


 

How to Find the Cheapest Way to Transfer Money Overseas

Compare The Total Cost

The total cost of the transfer comes down to 2 things:

Money transfer fees

1. Transfer Fees

Every Australian bank and money transfer company will charge you a different fee to send money overseas. Usually it’s between $10 and $32.

Exchange rate margin fees

2. Exchange Rate Margin

There is no “standard” exchange rate. Each bank will offer you a different exchange rate based on the currency you want to send overseas and the amount you need to send.


Money Transfer Comparison Tool


 


 

Money Transfer Guides

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.