The Best International Money Transfer Companies in Australia
When you’re sending money abroad you want a secure, fast and reliable service with low fees and the best international transfer rates. The good news is that you can choose from a broad range of banks and specialist digital services to find the best international money transfer in Australia for your specific payment. The less good news is that that’ll require a little research and planning.
This international money transfer comparison does the hard work for you, with a detailed look at popular international money transfer providers and banks to help you pick your perfect fit.
Comparing 10 providers for your transfer of $10,000 AUD to USD
How we found the best ways to send money
Our database includes 27 secure providers. For your specific transfer of $10,000 from AUD to USD, we found 10 providers that support this route and for the amount you want to send. We sort these by the cheapest total cost, displaying the freshest data available, whether via direct feed or manual collection. This process is never influenced by referral fees, ensuring you get a fair and transparent comparison every time. Learn more
Best way to transfer money overseas from Australia
In truth, there’s no one single best international money transfer in Australia. Different services appeal to different customer needs, depending on the type of payment, destination, urgency and other factors.
So - how can you find the best company to transfer money internationally for your specific payment?
When choosing an international money transfer service it helps to understand where the costs of your payment might lie. Usually you’ll see the provider’s transfer fee quite clearly when you’re setting up your payment - but there can also be another charge added into the exchange rate used to convert your money from AU to the required payment currency, which is far harder to spot.
To make sure you’re getting the very best available deal on your international money transfer you’ll need to consider both the transfer fee and the exchange rate. Looking out for the best international transfer rates available can help - but often the easiest comparison is to simply see how much the recipient will get with different providers, and pick the one which pays out the most money in your target currency in the end.
To get you started, here’s a comparison which looks at options for the cheapest provider, the provider with the best exchange rate, the provider with the fastest transfer, and the best rates provider on Trustpilot.
| Category | Winner | Key Stats |
|---|---|---|
| 💰Cheapest Cost | Wise | Total Fees: $39.48 |
| 📈Best Exchange Rate | Wise | Rate: 0.6958 |
| ⚡Fastest Transfer | Wise | Time: Instant-2 Days |
| ⭐Customer Favourite | TorFX | TrustScore: 4.9/5 |
What is the cheapest way to send money internationally?
What is the fastest way to transfer money overseas?
Which company offers the best exchange rate?
As we’ve seen, knowing which money transfer gives the best rates for your payment can be key to finding the best value overall.
Our research has shown that the provider with the best international transfer rates for your payment today (2th February, 2026) is Wise. We found that when sending a payment of $10,000 from Australia to United States with Wise the exchange rate applied is 0.6958.
Important ❗
When looking for the best international money transfer in Australia, it’s a smart idea to look for providers which offer the mid-market rate for currency conversion, or as close as possible to it.
You can find the current mid-market rate for your currency pair with a Google search or using a reputable currency conversion tool. This represents a good benchmark for a fair rate. However, most providers add a markup to the mid-market rate when they calculate the rate they offer customers—this is how they cover their risks and make a profit. The smaller the markup, the better the rate you get.
Reviews of international money transfer services
We’ve reviewed some of the very best money transfer providers in Australia, which can often be among your best options if you want to send currency overseas. Read on for all the details.
Remember that to find the best deals for international money transfers, you should use our comparison table.
Wise
Wise offers online and in-app money transfer services to United States and 140+ other destinations around the world. You'll get the mid-market exchange rate to convert your Australian Dollar, with fast transfer times. In fact, 60%+ of transfers are instant, 80%+ arrive within an hour*.
- Mid-market exchange rates and low fees from 0.63%
- Send in a broad range of currencies to 140+ countries
- 60%+ of transfers are instant, 80%+ arrive within an hour*
- No cash payment options
- No branch network
How much does it cost to send money to United States with Wise?
- Transfer fees: Send money from 0.63%
- Exchange rates: Mid-market exchange rate
- Additional fees: Transfer fees vary based on destination and how you choose to pay
TorFX
TorFX can help you make a safe bank transfer overseas in 40+ currencies. Services are available online, in app, and by phone. TorFX offers instant transfers, regular payments and currency risk management products.
- Send in 40+ currencies
- Pay by local bank transfer in many cases
- Talk your transfer through by phone if you’d like to
- Top voted on value 8 years running (Canstar awards)
- Exchange rates include a markup
- No cash pay in or pay out options
How much does it cost to send money to United States with TorFX?
- Transfer fees: No transfer fee
- Exchange rates: Exchange rates include a markup
- Additional fees: Third party fees may apply
XE
You can send money online and in-app with XE from Australia, to over 190 countries. Transfer times vary based on how you choose to pay and the country you’re sending to, and XE exchange rates can include a lower markup compared to a regular bank.
- Send to a broad range of countries from Australia
- Pay for transfers with a bank transfer or card
- XE is a trusted way to send money safely overseas
- Simple online and in app account set up
- Exchange rates include a small markup
- Fees and delivery times vary based on destination and payment type
How much does it cost to send money to United States with XE?
- Transfer fees: Fees vary based on how you choose to pay, and the currencies involved
- Exchange rates: Exchange rates include a small markup
- Additional fees: Fees vary based on how you choose to pay, and the currencies involved
CurrencyFair
CurrencyFair can be a cheap international money transfer service with quick delivery times on many currency routes. There’s a low, flat fee per transfer, and you could also find you get a better exchange rate compared to your regular bank.
- Send in 20+ currencies
- Low transfer fees
- Many currencies can be delivered on the same day, or within 1 working day
- Exchange rates include a markup
- Pay in Australian Dollar by bank transfer only, no card option
How much does it cost to send money to United States with CurrencyFair?
- Transfer fees: 65.05 AUD (depends on amount sent)
- Exchange rates: Exchange rates include a markup
- Additional fees: Third party fees may apply depending on how you set up your transfer
OFX
OFX is a currency specialist which offers quick international transfers and currency risk management solutions for individuals and businesses. You can send payments with OFX online and in-app, or access a 24/7 phone service if you’d rather talk your transfer through.
- Easy to transfer 50+ currencies to 170+ countries
- 24/7 phone support from dedicated brokers
- No transfer fee on higher value personal payments above 10,000 AUD
- Exchange rates include a markup
- Personal customers pay 15 AUD when transferring under 10,000 AUD in value
How much does it cost to send money to United States with OFX?
- Transfer fees: Personal customers pay 15 AUD when transferring under 10,000 AUD in value, business customers pay 10 AUD if their payment is processed through SWIFT
- Exchange rates: Exchange rates include a markup
- Additional fees: Third party fees may apply
ANZ
ANZ (the Australia and New Zealand Banking Group) is the second largest bank in Australia, and a major player in regional financial services. The limits to send money overseas through ANZ online banking are the same as your Pay Anyone limits. These are between 1,000 AUD and 25,000 AUD a day depending on how your account has been set up. You can send more by using phone banking if you prefer to. You can send payments in over 30 currencies and to over 250 destinations with ANZ.
- Familiar and safe option
- ANZ will cover correspondent costs on some currency routes
- Relatively low upfront transfer fee for online payments
- No online transfer fee to most countries, when sending over 10,000 AUD
- Exchange rate margins are likely to apply which push up costs
- Delivery times are not the fastest available
- Correspondent charges also apply on many currency routes
How much does it cost to send money to United States with ANZ?
- Transfer fees in AUD: For most countries, online payments cost 9 AUD if the payment is under 10,000 AUD, with the fee waived for higher value payments
- Exchange rates: Exchange rate margins are likely to apply
- Additional fees: Third party charges may apply
Commonwealth Bank
Commonwealth Bank (CommBank) has been in business for over 110 years, and is one of the largest publicly listed companies in Australia. You can send payments to 200+ countries in 30+ currencies with Commonwealth Bank and the amount you can send overseas may vary based on the account type you have, and the country you’re sending money to.
- The exchange rate is available to view online
- Send to 200+ countries in 30+ currencies
- Send money in a branch, in-app or online
- Digital transfer fees are waived
- Commonwealth Bank exchange rates include a markup
- High in branch payment fees, with a minimum transfer amount of 5,000 AUD
How much does it cost to send money to United States with Commonwealth?
- Transfer fees in AUD: No fee to send money online, international payments in-branch cost 30 AUD
- Exchange rates: Exchange rates include a mark-up, usually available online
- Additional fees: Third party charges may apply
Westpac
Westpac account holders can send money online, in the Westpac app, or in a branch. Transfers usually take 1 - 3 days to arrive in the recipient account and can be sent to 200+ countries around the world. Digital payments have no Westpac fee, and require two factor authentication for security. Daily payment limits apply, but you can adjust these in the Westpac app or online banking system if you need to.
- Send payments overseas to most countries around the world
- No Westpac transfer fee if you’re sending online or in app, in a foreign currency
- Strong security features including two factor authentication and daily payment limits
- Westpac exchange rates may include a markup
- High in branch payment fees of 32 AUD
PayPal
When you send an international transfer with PayPal it’s delivered to the recipient’s PayPal account rather than a bank. The recipient can then decide to make a withdrawal to their local bank account if they like, or use the balance to spend or send a payment themselves. PayPal’s international transfer fees are on the high side, with a 4% currency conversion cost incurred by either the sender or recipient depending on the way the payment is set up. Extra costs apply if you pay with a card - avoid these by paying using your PayPal balance or linked bank account.
- Transfers to another PayPal account are often quick or instant depending on funding source
- PayPal has a huge global user base, making it likely your recipient has an account already
- Send money using only your recipient’s email or phone number - no bank account information needed
- Currency exchange costs add 4% to the transfer fee
- Transfer fees are 5%, and there’s an extra 2.6% charge if you pay with a card
Bendigo Bank
Bendigo Bank offers digital and in person international transfers which can be sent in 25+ currencies. You’ll pay a fee of 30 AUD for a payment, and because the transfer is routed through the SWIFT network, third party banks may also be involved in the payment and can deduct a service fee.
- Send money in 25+ currencies to a selection of currencies worldwide
- Get in branch services at the same cost as sending digitally
- SWIFT network payments are long established and reliable
- Bendigo Bank exchange rates may include a markup
- Transfers cost 30 AUD, and may also incur third party fees which mean your recipient gets less than you’d expect in the end
Writer tips: How to choose a company to transfer money internationally
- Only use reputable companies which have a good rating on public review sites like Trustpilot
- Check your provider has appropriate licensing in place to perform your payment securely
- Look out for the best international transfer rates for your payment - providers with a high exchange markup tend to be more expensive
- Use an international money transfer comparison site to view a range of available options and compare them side by side for convenience
How much money can you send?
There’s no legal limit on the amount of money you can transfer overseas. However, higher value payments may be reported for the purposes of fraud and crime prevention.
AUSTRAC oversees banking compliance - and banks and similar providers are required to report certain payments to AUSTRAC, including when you transfer 10,000 AUD or more.
Aside from this, banks and providers have their own limits as well - which can vary a lot depending on the company you use, and currency you want to send.
What happens if you transfer more than 10,000?
You don’t need to make an AUSTRAC report yourself when you send a payment with a bank or money transfer provider - they’ll handle all the paperwork for you.
You only usually need to report movements of money if you’re taking or receiving 10,000 AUD or more in cash across national borders. This may apply if you’re taking money with you when you travel abroad, or if you send or receive a payment by mail, courier, air or sea freight.
How did we review the companies compared?
To select the companies compared in this guide we reviewed providers based on feature availability, convenience, cost and speed. All details were taken from provider websites and digital resources - as service details can change over time, it’s best to double check all information on the provider’s live website before transacting.
