Revolut
OFX
TorFX
We currently don't have that product, but here are others to consider:
How we picked theseWe review money transfer providers for different features to assign them a score out of 10. The higher the score, the more competitive the product.
Your guide to the best foreign currency accounts for business, including how to open an account.
Your detailed guide to opening a bank account in NZ, including eligibility criteria and how to apply.
Your guide to currency exchange in Brisbane, including how to get the best exchange rate.
Compare your options for opening a bank account in the US, and the documents you need to apply.
What you need to do to buy a home or investment property in the USA from Australia.
The detailed guide to buying a property in the UK as a foreigner.
How to use a forward contract to get the exchange rate you want when you send funds overseas.
Discover how XE and OFX stack up against each other in terms of fees, exchange rates, and transfer speeds.
Looking for alternatives to TorFX for transferring money abroad? Check out these other reputable money transfer providers!
Your guide to the six ways you can send money to a GCash account in the Philippines.
Im wondering which is best service an fees to transfer money from the USA to Australia this is a very large sum of money. Best time frame an fee
Hi Ivan,
We can’t state which specific service is the absolute best for your specific needs. However there are some services like OFX and TorFX that waive transfer fees above a certain amount (they make money on the exchange rate instead).
This will probably work out cheaper than a money transfer via your bank, although it could be worth asking your bank about the fees and exchange rates (you can compare them to a money transfer service like the ones I mentioned).
Which are your top picks for having foreign currency sent to Australia? My wife has a significant sum of Thai Baht in a Thai bank account. Which are the best companies to use to send it to Australia?
Hi Geoff,
There are a number of top picks listed to send money overseas, but to receive money, you may want to consider Wise to receive Thai baht (THB). Wise offers local account details for receiving payments in Thai baht, among other currencies, allowing you to receive money from others through a local bank transfer. They also transfer foreign currency as a mid-market rate, which is often cheaper than other currency exchange services. Hope this helps!