HiFX International Money Transfers

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How to make the most of your next transfer with HiFX.

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Must read: HiFX is no longer available

As of 26 January 2019, HiFX has merged with XE. This means you won't be able to use HiFX to send money overseas. Instead, check out if XE Money Transfer is right for you in our full review.

If you already have an account with HiFX before this cut-off date, don't worry – you'll automatically be transferred to an XE account.

International money transfers can be expensive and offer poor exchange rates if carried out through your bank or regular companies. If you make regular international money transfers, these additional expenses and lack of value can really add up, adding thousands onto the cost of your international property or meaning your family gets less out of what you send them.

HiFX offers you the ability to convert funds into over 20 currencies and transfer them internationally at the touch of a button and does so with low fees and competitive rates. It's also regulated by the Australian Securities and Investments Commission (ASIC) and employs a number of safety practices.

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Available currencies

HiFX offer a range of currencies, including:

  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • United States Dollar (USD)
  • Euro (EUR)
  • Great British Pound (GBP)
  • Hong Kong Dollar (HKD)
  • Papua New Guinean Kina
  • Singapore Dollar (SGD)
  • Danish Krone (DKK)
  • Japanese Yen (JPY)
  • Thai Baht (THB)
  • Vanuatu Vatu (VUV)
  • Indian Rupee (INR)
  • New Zealand Dollar (NZD)
  • Philippine Peso (PHP)
  • Solomon Islands Dollar (SBD)
  • Swedish Krona (SEK)
  • United Arab Emirates Dirham (AED)
  • Central Pacific Franc (XPF)
  • Fiji Dollar (FJD)
  • Mexican Peso (MXN)
  • Norwegian Krone (NOK)
  • Samoan Tālā (WST)
  • South African Rand (ZAR)
  • Swiss Franc (CHF)

Competitive foreign exchange rates

As mentioned, HiFX offers very competitive rates when exchanging money. This is because HiFX minimises their overheads and maximises their use of the right technology.

This is combined with the fact that if you transfer amounts greater than the thresholds set by HiFX, they won’t charge you transfer fees. If you transfer amounts less than this, you’ll be charged fees, so see the table below to get an idea of what these fees and fee free thresholds are.

Currency being soldFee free thresholdTransfer fee if under threshold
Australian Dollar (AUD)10,00015
Euro (EUR)3,50010
New Zealand Dollar (NZD)10,00012
Indian Rupee (INR)365,000700
Great British Pound (GBP)3,0007
Thai Baht (THB)250,000500
United States Dollar (USD)5,0005
Philippine Peso (PHP)355,000685

Below is a quick comparison of the rates HiFX offers compared to some of our other services when trading $1000 AUD to USD. Rates are current at the time of writing and do not include fees. Note that these rates are spot rates, meaning that the rate you actually receive could differ when you carry out your transaction.

HiFXOFXWorldFirst
USD received when changing $1000 AUD$930.40$930.58$930.50
Transfer fees$15$15$15

Who can benefit from HiFX?

HiFX is available for many types of Australians looking to convert and move funds overseas. Some of these include:

International property owners - Buying property overseas can net Australian investors healthy profits, especially due to our strong currency. Unfortunately, unlike regular domestic property investment, exchange rates can add an extra layer of risk to your investment. HiFX can be used to set up regular transfers to pay off your foreign mortgage, and can help you save fees and on exchange rates.

Migrant workers - Moving to Australia can see you get a better salary to send back to your family, but like any other international transfer, you can get more bang for your buck by using a service like HiFX.

International students - While studying in Australia you might need to send money back home to pay for expenses.

How to use HiFX

If you feel HiFX could be a useful service to you, you can carry out a transfer easily.

  • Register. First you’ll need to sign up, which is free and can be done at any time of the day. You can register by clicking the 'Go to Site’ button above. You will also need to provide identification documents including your passport and drivers licence as well as a document certifying your address.
  • Get a quote. After you've registered you’ll need to discuss with HiFX what currencies you need and what type of transfer you’re looking to make. They can help suggest different ways to carry out your transaction.
  • Give your recipient’s details and when you’d like to pay them. The next step will require you to let HiFX know who you’re transferring to and when, and also will require you to provide a security payment.
  • Send HiFX your transfer funds. You’re now ready to send HiFX your money and being the transfer.
  • Track your payments. You can now sit back and track your payments to ensure they reach their destination.

How does Foremost Currency Group compare to other providers?

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 0 1 - 2 days AUD 1.99 0.765 USD
7,653
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries. Go to site Show details
AUD 2,000 1 day AUD 0.00 0.768 USD
7,678
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.768 USD
7,678
SendFX guarantees to match any competitor’s exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.768 USD
7,678
Better exchange rates for Finder customers.
WorldFirst sends 60+ currencies at competitive rates with no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.768 USD
7,678
$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to site Show details
AUD 1 1 day AUD 52.00 0.767 USD
7,630
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
AUD 10 Within an hour AUD 2.99 0.762 USD
7,622
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
AUD 1 Same day AUD 0.00 0.767 USD
7,670
XE has fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 200 1 - 2 days AUD 50.00 0.770 USD
7,659
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.763 USD
7,630
Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Same day AUD 3.99 0.762 USD
7,613
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
AUD 1 1 - 2 days AUD 45.00 0.771 USD
7,674
TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Frequently asked questions about HiFX

International Money Transfer Offers

Important Information*
Logo for Azimo International Money Transfers
Azimo International Money Transfers

Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor’s exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
WorldFirst sends 60+ currencies at competitive rates with no fees. If you find a better eligible quote, WorldFirst will beat it.

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16 Comments

    Default Gravatar
    Marcela
    October 27, 2018

    Hi, HiFX works for make a transfer FROM Germany to Australia?

      Default Gravatar
      Joel
      October 27, 2018

      Hi Marcela,

      Thanks for leaving a question on finder.

      I can confirm that HiFX will allow you to transfer Euros from Germany to Australia. Please click on the green “Go to site” button on the top right to go to the the HiFX website and start your transfer process.

      Please send me a message if you need anything else. :)

      Cheers,
      Joel

    Default Gravatar
    Vlad
    July 8, 2016

    Can I send AUD to Serbia?

      Avatarfinder Customer Care
      Clarizza
      July 11, 2016

      Hi Vlad,

      Thanks for your question.

      Yes you can send AUD to Serbia. If you would like to find out more – click on ‘Find out more’ or ‘Go to site’ buttons. Hope this helps.

      Clarizza

    Default Gravatar
    Stephen
    April 11, 2016

    I have received a SCAM email with attachment ( unopened )using your name …who in your business can i forward it to ?

      Default Gravatar
      Harry
      April 12, 2016

      Hi Stephen,

      Thanks for your question.

      finder.com.au is a financial comparison service and is not affiliated with HiFX. Please get in touch with HiFX directly to inform them of the issue – we recommend contacting them directly.

      I hope this helps,

      Harry

    Default Gravatar
    Rachel
    February 9, 2016

    Hello,
    If I want to send money with hifx. Which possibilities are there like just a transfer to a bank account or can the person pick up the money in cash ?? Thanks a lot I can’t find this information..

      Avatarfinder Customer Care
      Shirley
      February 9, 2016

      Hi Rachel,

      Thanks for your question.

      Unfortunately HiFX doesn’t support transfer with cash pick-up. We’ve listed some of the brands that do cash pickup on this page.

      Hope this helps.

    Default Gravatar
    Kenneth
    October 20, 2015

    I hold USD in an Australian bank and wish to convert these into CAD.
    I have a British Passport, British drivers license and I can provide current bank statements with may address.

    Do I satisfy the requirements for using the services of HiFX

    Ken

      Avatarfinder Customer Care
      Shirley
      October 21, 2015

      Hi Kenneth,

      Thanks for your question.

      You do satisfy the requirements for using the services of HiFX – all the best with your enquiry.

      Cheers,
      Shirley

    Default Gravatar
    Cherry
    August 4, 2015

    I want to send ZAR to Australia – but I cannot find it on the currency list to send, only to receive. Why is this?

      Avatarfinder Customer Care
      Belinda
      August 5, 2015

      Hi Cherry,

      Thanks for your enquiry.

      Please note that finder.com.au is an online comparison service and we don’t represent HiFX International Money Transfers.

      In order to convert ZAR into AUD you’ll need to set up an account online with HiFX which you can do by clicking on the ‘apply now’ button on this page.

      Once you’ve done this, HiFX will email you with their RAND account details so you can transfer the money to them. Then, they’ll be able to convert the ZAR into AUD for you.

      It’s advisable that you speak with your bank about this first.

      Thanks,
      Belinda

    Default Gravatar
    robin
    June 14, 2015

    I have tried an inter bank transfer to Japan and lost most of the transfer money to fees outside Australia. Can this also happen with a HiFX transfer to Japan?

      Default Gravatar
      Jodie
      June 15, 2015

      Hi Robin,

      Thank you for contacting finder.com.au, a financial comparison website.

      All fees for a transfer through HiFx are stated above however it is always best to compare money transfer companies to see who offers the best option for your needs. We have a list of companies that transfer to Japan from Australia available for comparison.

      Regards
      Jodie

    Default Gravatar
    Will
    May 23, 2015

    Can I use cash to pay?

      Avatarfinder Customer Care
      Marc
      May 25, 2015

      Hi Will,
      thanks for the question.

      Unfortunately the only way to make transfers with HiFX is with a bank transfer.

      Cheers,
      Marc.

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