In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

ING international money transfers

  • Avatar
ING International Money Transfers

ING International Money Transfers isn't available on Finder right now.

Summary

ING's international money transfer service is no longer available – find out what that means for you here.

As of July 2019, ING no longer offers international transfers from any of its accounts. If you're an ING customer and want to send money overseas, you can only do so by using a third-party transfer service.

Keep reading for full details of what happened to ING's international transfer service and what you need to do to make an overseas payment.

In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question

Details

Product details

Product Name ING International Money Transfers
Pay By Bank transfer, Debit card, BPAY, EFTPOS
Receiving Options Bank account, Mobile wallet
Customer Service Phone, Email, In person
Maximum Transfer Amount $1,000
Number of Currencies 10

ING international transfers no longer available

ING is one of Australia's most popular banks, which until a few years ago, also offered international money transfer services. These were in partnership with OFX and allowed ING customers to send money overseas at competitive exchange rates and low fees.

However, in 2019 the bank announced that Australian customers would no longer be able to "move funds internationally" directly from their accounts and they would need to use a "third party service" in future.

What does this mean for me?

If you're an ING customer and you want to make an overseas payment, you can't send an international transfer directly from your ING account. Instead, you'll need to use a third-party money transfer service to complete your transaction.

There are dozens of companies that specialise in fast and secure international money transfers, so make sure you compare transfer providers and shop around for the best deal.

Alternatives to ING Australia

Take a look at our table below to compare some of the most popular international money transfer providers and find the best deal for your money transfer.

1 - 23 of 23
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
TorFX
24 hours
$0
TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000.
Xe Large Transfers
24 hours
$0
Xe has fast transfers with low fees and a range of foreign currency tools.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Send Payments
24 hours
$0

Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
Revolut
Within minutes
$0
Sign up and get a AUD$15 top-up. For new customers only. T&Cs apply.
Send money with great rates and low fees in 30+ currencies.
Xe Money Transfers
Within minutes
$0
Xe has fast transfers with low fees and a range of foreign currency tools.
Instarem
Within minutes
From 0%
50% off first transaction fee from any country in APAC (outside India).
Minimum transfer of $250 and max transfer of $500,000
Wise (TransferWise)
Within minutes
From 0.43%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
TorFX
24 hours
$0
TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000.
Remitly
Within minutes
From $0
Remitly has quick, affordable transfers around the world, with both express and economy options.
Rocket Remit
Within minutes
From $0 to $5
Send money instantly to friends and family in over 45 countries using just your mobile number.
MoneyGram
Within minutes
From $1.99
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
SingX
Within minutes
From 0.5%
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
CurrencyFair
Within minutes
€3
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Send Payments
Send Payments
24 hours
$0
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
MasterRemit
Within minutes
From $0
Get your 1st and 2nd money transfer for free with promo codes FIRSTFREE and MASTERFINDER!.
Send money in minutes at competitive exchange rates to the Middle East, Africa and South Asia.
Western Union
Within minutes
From $0
Western Union sends money online to friends and family in 200+ countries around the world.
Qantas Business Money
Within minutes
$0
Earn up to 100,000 bonus Qantas Points on your first currency conversion by 31 July 2024. Conversion limits and T&Cs apply.
Set up accounts in 11 different currencies and get rewarded for global business payments by earning Qantas Points.
TorFX Business Transfers
24 hours
$0
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.
OFX Business Transfers
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
WorldFirst
24 hours
From $0
Open bank accounts in Australia, the UK, US, Canada, Japan and Europe. Send and receive funds with zero fees for large sums, including same-currency supplier payments.
Send business
24 hours
$0

Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
loading

What is ING?

ING has held an Australian banking licence since 1994 and offers a wide range of banking products and services to personal and business customers. It provides transaction and savings accounts, credit cards, personal loans, home loans, insurance and superannuation.

Headquartered in Sydney, ING is part of ING Group, a Dutch multinational banking corporation. Based in Amsterdam, the group boasts more than 38 million customers in over 40 countries around the world.

Sources
  1. ING official website, accessed July 2023

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Kate Finder

Money expert

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Avatar

Rachelle

October 17, 2018

Travelling to America, what are the fees if I am going to use the ING card there? I can’t seem to find a exchange rate.


Avatar

Jeni Finder

October 21, 2018

Hi Rachelle,


Thank you for getting in touch with finder.


If your ING card is linked to an ING Orange Everyday Account, when you use that in the US you are charged $2.50 as the overseas ATM withdrawal fee and 2.5% of your transaction value as the overseas Eftpos fee. However, ING will waive those charges if you deposit $1,000 and make 5+ card purchases a month. The exchange rate is not posted as it varies on the date and time of your overseas transaction.


I hope this helps.


Please feel free to reach out to us if you have any other enquiries.


Thank you and have a wonderful day!


Cheers,

Jeni


Show more Show less
Avatar

John

November 09, 2017

Hi, I would like to have an account so I can easily send money to Thailand. I want to know how long it would take and if there are any fees. How do I set that up?


Avatar

Jonathan

November 09, 2017

Hi John,


Thank you for your inquiry.


The process flow is usually like this:


1. Register for free on their website and log in.

2. Then you can get quotes, add beneficiary (person or company) details and book deals (a deal is a term used for the purchase of your international currency).

3. After you submit your details, an ING DIRECT Representative will call to discuss your transfer(s), make sure the system is set up correctly for your needs and answer any questions you may have about the service and process.


They do not charge transaction fees except for transactions under AUD$10,000 (or foreign currency equivalent) per recipient. Please note, for all transactions under this threshold made, a fee of AUD$15 (or foreign currency equivalent) is applied. If a transaction fee is payable, it will be added to the total amount you are required to settle. Additional Third Party Transaction Fees may be applicable also.


You can refer to the Product Disclosure Statement of their site for more details. Alternatively, you may speak to one of their consultants.


Hope this helps.


Cheers,

Jonathan


Show more Show less
Avatar

Christine

November 20, 2016

Hi I wish to transfer money regularly from my ING account to a bank in Thailand as I am living here at the moment. Approximately the cost of transferring AUD5,000 at a time please


Avatar

Shirley Liu Finder

November 21, 2016

Hi Christina,


Thanks for your question.


Unfortunately we’re unable to comment on the cost of the exchange rate, but for transfers under AUD $10,000 there is a $15 transaction fee.


I hope this helps,

Shirley


Go to site