Compare the Best Ways to Transfer Money Abroad
I am sending
AUD
from
Australia
to
United States
Provider
Trustpilot
Speed
Total cost
Amount received when sending $5,000
Go to provider
The Best Deal
10 mins ago
0-2days
$ 20.54AUDshow more
$3,507.53USD
10 mins ago
Quick Verdict: The best ways to send money abroad
| Category | Winner | Key Stats |
|---|---|---|
| 💰Cheapest Cost | Wise | Total Fees: $20.54 |
| 📈Best Exchange Rate | Wise | Rate: 0.7044 |
| ⚡Fastest Transfer | Wise | Time: Instant-2 Days |
| ⭐Customer Favourite | TorFX | TrustScore: 4.8/5 |
You can send money abroad with a bank, or you can choose a specialist transfer provider. Often, these providers offer a faster, more efficient, and cheaper way to send money internationally.
How to Send Money Abroad: Step-by-Step
The good news is that sending money is easier than ever. Plus you can usually do everything with your phone or laptop - with no need to stand in line at a bank or money changer’s office. Here’s how to send money internationally in 5 simple steps:
- Choose a Money Transfer Service
- Enter the amount of money you want to transfer into our comparison tool
- Compare rates, fees, and delivery speed. You’ll see a range of options from reliable providers, so you can compare and pick the best for your specific transfer
- Consider user reviews and security features
- Register with your chosen provider
- Register with your chosen provider (e.g Wise, XE, CurrencyFair)
- Verify your ID if required
- Enter Recipient Details
- Add the recipient’s full name and bank details or email, depending on the method
- Add the recipient’s full name and bank details or email, depending on the method
- Select Amount and Currency
- Choose how much to send and the currency (e.g. AUD to USD)
- Review exchange rates and fees upfront
- Pay for Your Transfer
- Choose from options like bank debit, credit card, apple/google pay or bank transfer (depending on what's available from the provider)
- Get confirmation and a tracking link if available
- Notify your recipient if needed
You can send money using your bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.
FAQs: Sending money abroad
What details are needed to send money internationally?
Can I send international money transfers for free?
When is the best time to transfer money internationally?
What is the best way to send large amounts of money internationally?