Same-day money transfers

Send money to another country within 24 hours from the comfort of your home.

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Online money transfer companies offer a secure way to send money across borders almost instantly — but a tighter time frame usually means higher fees.

Send money overseas with WorldRemit

Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

  • Send money online within minutes
  • Large range of destinations
  • Able to send to cash pickup locations
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What are same-day international money transfers?

A same-day money transfer allows you to send funds abroad that will arrive with your beneficiary within 24 hours. It's the same as any other overseas money transfer, but quicker. Also, some providers are able to offer instant transfers.

However, fast transfers usually cost more than regular transfers thanks to high fees and poor exchange rates.

What are my options for same-day overseas transfers?

Three main ways exist to transfer money overseas on the same day:

Blue icon representing money transfers Image: Infogram

Digital money transfer services

Companies like OFX and TorFX specialise in foreign currencies, making them some of the most cost-effective transfers. These services are found online and typically have no physical offices.

You'll need to visit a provider's site and initiate the transfer online using a debit card, credit card or bank account.

Picture not described: BlueCoinsCashIcon_Infogram_94x62.png Image: Infogram

Cash transfers

MoneyGram, Western Union and WorldRemit offer cash pickups. Your money can typically be available for pickup within 15 minutes at hundreds of thousands of locations around the world.

To use this option, visit your nearest agent location to start your transfer. The funds can then be collected by your recipient at a branch in their country of residence.

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Bank transfers

Major US banks make it possible to send international money transfers. However, while transfers within 24 hours are possible to select countries and currencies, funds sent to other destinations could take as long as five days to arrive.

Visit your local bank branch or the bank's website to initiate a transfer, just be sure to check the processing time.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 1 Same day AUD 3.99 0.758 USD
755
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 2 1 - 2 days AUD 15.00 0.737 USD
726
Ria lets you send money to 130+ countries with cash pick-up at 240,000 locations. Show details
AUD 1 Within an hour AUD 2.99 0.737 USD
735
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide. Go to site Show details
AUD 1 Same day AUD 20.00 0.734 USD
719
Western Union sends money online to friends and family in 200+ countries around the world. Show details

Compare up to 4 providers

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

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 0.757 USD
7,570
Go to site Show details
AUD 1 Same day AUD 0.00 0.756 USD
7,562
XE Money Transfer can help your business unlock international transfers. Forward contract and limit order options available. Go to site Show details
AUD 2,000 1 day AUD 0.00 0.757 USD
7,570
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 2,000 1 day AUD 0.00 0.757 USD
7,570
Fee-free transfers in 30+ currencies to over 200 countries for business customers. Go to site Show details
EUR 8 3 - 5 days AUD 5.00 0.755 USD
7,543
A peer-to-peer transfer service with a large range of currencies on offer. 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.

Keep ahead of the curve with daily currency exchange rate alerts

How do I compare same-day money transfers?

  • Exchange rates. Look for the strongest rates you can find. But be wary of high fees that may be attached.
  • Fees. Most providers either charge a set fee or a percentage of your transaction. Some providers waive their fee when you transfer a large amount.
  • Transfer options. If sending your funds for cash pickup overseas, compare how many agent locations are near your recipient.
  • Transfer methods. Can you initiate the transfer, or will you need to visit a branch?
  • Pickup methods. While some companies offer fast cash pickup, others deposit your funds directly into your recipient's bank account.
  • Customer support. Look for a company with a solid reputation for providing professional and friendly customer support. Do they offer help by phone, email or live chat — and are the hours convenient?

Compare money transfer services

Does PayPal offer same-day international money transfers?

Yes. You can use your established PayPal account to send personal payments in minutes to friends and family abroad. If you don't have a PayPal account, you can set one up in minutes if you have online access to your bank statements. This is because PayPal deposits small amounts into your account, and you're required to verify your account based on the deposits.

Pros

  • Fast. Same-day international transfers allow you to get funds to loved ones and businesses overseas as quickly as possible.
  • Convenient. Initiate a transfer online, through an agent location or at your bank.

Cons

  • Potentially costly. Same-day transfers typically attract higher fees and weaker exchange rates than regular transfers, so prepare to pay extra to send your funds.
  • Potential delays. The funds will typically be delivered to your recipient's PayPal instantly after sending, but to get the money to their bank account could take up to 5 business days.

What should I look out for with same-day transfers?

You'll typically receive a weaker exchange rate and pay higher transfer fees with same-day transfers, so carefully review the full details of your transfer before you hand over any money. Be aware that some transfer providers — for example, your bank — will not always be able to offer a same-day transfer to your destinations.

Bottom line

Using a transfer provider that offers cash pickup is the most reliable way to send funds overseas almost instantly. But if you have a little extra time, you may be able to get a better deal by sending a bank-to-bank transfer. Be sure to compare money transfer services to find out more about which provider will work best for you.

Frequently asked questions

More guides on Finder

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 Send International Money Transfers
Send International Money Transfers

Send 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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4 Responses

    Default Gravatar
    RodApril 14, 2019

    I want to send money from Australia to China every day for business and they receive the same day. Who is the best and the most cost effective?

      Avatarfinder Customer Care
      MaiApril 15, 2019Staff

      Hi Rod,

      Thank you for reaching out.

      You can click here for the list of money remitting services available from Australia to China.

      You can actually use the calculator above the comparison table and set the currencies and the amount you wish to transfer. You can also use the “sort by” drop down to arrange the results of your preference. It will show that WorldRemit will be the fastest as they can transfer within an hour. I set the transfer amount to $250 and it shows that InstaReM will have the lowest online fee at AUD 1.25. The value on our page is approximate and may change depending on the amount that you will transfer.

      Hope this helps! 😊

      Kind Regards,
      Mai

    Default Gravatar
    MargaretNovember 22, 2017

    I want to do a personal transfer to Pakistan

      Avatarfinder Customer Care
      JoanneNovember 22, 2017Staff

      Hi Margaret,

      Thank you for visiting finder, we are an Australian financial comparison website and general information service.
      You may want to view this page to select which company you’d wish to use in making a money transfer to Pakistan. The page will also give you additional information on the process, the things you will need to consider before making the transfer and other ways in sending funds to Pakistan.

      Best Regards,

      Joanne

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