ING exchange rates
While you won't be able to send money overseas with ING anymore, check out what exchange rate you'll get on card purchases.
From July 2019, ING no longer offers international money transfers to its customers in Australia. If you want to send money overseas, you'll need to use a third-party transfer service instead.
But if you're planning on using your ING debit card overseas, you'll still be able to. Read on to find out what exchange rate you'll get.
ING's exchange rate on international transactions
If you're using your ING Orange Everyday Account card overseas, you'll be getting the Visa exchange rate. You can see what today's rate is on Visa's site, but keep in mind that ING adds 2.5% on top of this for all international transactions.
You can avoid this, however, by meeting the account's conditions. These include depositing at least $1,000 and making five card purchases each month.
Sending money overseas
Previously, you could send money overseas with ING via its partnership with OFX. This meant you'd be getting the exchange rate OFX offers, which you can read more about in our review of OFX.
However, since July 2019, this service has been discontinued. While you won't be able to send money overseas through ING anymore, there are still plenty of other options. You can check them out below and compare each of them on the amount your receiver will get at the end, as well as transfer speed and exchange rate.
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
International Money Transfer OffersImportant Information*
Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
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