Best Ways to Transfer Money Internationally from Australia (2025 Guide)

Comparison infographic of the best ways to transfer money internationally from Australia in 2025, including Wise, Remitly, OFX, bank transfers, and Western Union with fees and transfer speed details.

Sending money overseas is something many people in Australia do regularly—whether for family, tuition, or personal savings. But fees, exchange rates, and transfer speed can vary widely. Here’s your 2025 guide to choosing the best international money transfer option based on cost, convenience, and reliability.

🔁 1. Wise (formerly TransferWise)

  • Best for: Transparent fees & mid-market exchange rates
  • Transfer Speed: 0–2 business days
  • Supported Countries: 70+

🚀 2. Remitly

  • Best for: Fast cash pickups to Asia & Latin America
  • Transfer Speed: Instant–1 day
  • Features: Express and Economy options

🌍 3. OFX

  • Best for: Large transfers (over $1,000)
  • Fees: No transfer fee
  • Transfer Speed: 1–3 days

🏦 4. Bank Transfers (CBA, ANZ, etc.)

  • Best for: Sending from your bank directly
  • Drawbacks: Higher fees & weaker exchange rates
  • Speed: 2–5 business days

💳 5. Western Union / MoneyGram

  • Best for: Cash pickups in remote areas
  • Fees: Can be high
  • Transfer Speed: Minutes to 1 day

📌 Tips to Maximize Your Transfer

  • Compare fees + exchange rates using sites like Finder or CompareRemit
  • Choose digital apps with mobile tracking
  • Use “economy” methods when not urgent

✅ Conclusion

Choosing the right service to send money overseas from Australia can save you hundreds of dollars per year. Always compare your options and prioritize transparency, speed, and total cost—not just convenience.

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