Transfer money overseas online and receive on the same business day or within minutes

same-daySend money to friends, family or businesses overseas and receive on the same day business day – all from the comfort of your own home.

There are plenty of reasons why you may need to send money overseas as quickly as possible – maybe a friend overseas needs some financial help, or you've forgotten to pay an overseas bill. Whatever the situation, a same day international money transfer can help and there is a range to choose from. From your bank account to a mobile phone, there's a range of ways you can transfer money overseas.

Name Product Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received Description
Exclusive: OFX (Ozforex) International Money Transfers
AUD 250
1 day
Online, Phone, Agent
Time to open account: Instantaneously. The transfers itself may take some time depending on which bank you are transferring to.
Citibank Plus Everyday Account
Same day
Online, Phone, Agent, Bank Account to Bank Account
Time to open account: Opens instantaneously if you are an existing Citibank customer. Otherwise whenever you can verify your ID. Note: This is a transaction account with free overseas transfers to any country and no foreign transaction or international ATM withdrawal fees.
Western Union International Money Transfers
Same day
Online, Phone, Agent, Bank Account to Bank Account, Cash Transfer, International Money Order
Time to open account: Instantaneously. The cash or transfer can be collected same day with Western Union.
Moneycorp International Money Transfers
AUD 2,000
Same day
Online, Phone, Bank Account to Bank Account
Time to open account: Instantaneously. The cash or transfer can be collected same day with Moneycorp.

Compare up to 4 providers

Name Product Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received Description
TorFX International Money Transfers
AUD 200
1 day
Online, Phone, Agent
Forward contracts and order types available
Receive currency analysis by market professionals, free transfers and competitive exchange rates
Exclusive: World First International Money Transfers
AUD 2,000
1 day
Online, Phone
Forward contracts and spot contracts available
View live rates, graphs and economic commentary. eCommerce-tailored solutions.
Currency Online International Money Transfers
2 days
Online, Phone
Protect your business against market fluctuations.
Compass Global Markets International Money Transfers
AUD 1,000
2 days
Online, Phone
Hedge your foreign exchange risks by becoming a client.
Currency Solutions International Money Transfers
AUD 3,000
2 days
Online, Phone, Bank Account to Bank Account
You can increase your profit margins and mitigate currency risk with Currency Solutions.
World First Foreign Exchange for Online Sellers
AUD 250
2 days
Online, Phone, Agent
Designed for online sellers
Open receiving accounts around the world is easy, including China and Japan.

Compare up to 4 providers

Speak to a FX Expert

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to privacy policy
TorFX Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

They can help you with all your needs including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

How do I do a same day money transfer?

First you'll need the details of your recipient – depending on the type of transfer, you'll need different details. For example, if it's a bank transfer you'll need the recipient's BSB, account number and Swift code. If it's a cash pickup transfer, all you need to do is provide the tracking number to the recipient so he or she can pick it up at a specified location.

How long does it take?

In most cases, you'll be able to set up an account almost instantly (the application itself should take about 15 minutes). After that, you'll need to link your new account to your existing bank account so you can transfer the money. Once the transfer has initiated, it can take from a few minutes, to the same business day.

How much does it cost?

The fees will vary depending on the service you use. For example, OFX and Citibank don't charge any fees.

How long does it normally take to transfer money from one bank to another?

Typically it takes 1-2 business day to transfer money between account within Australia from different bank accounts. Transferring money overseas from an Australian bank to another bank account overseas can generally take up to 5 business days.

What are same day international money transfers?

A same day international money transfer allows you to send funds abroad that will arrive with your beneficiary within 24 hours or within minutes. It offers a convenient way for you to buy goods or services, send money to friends and family and manage any other international payments you may need. It is the same as any other overseas money transfer but quicker, with some providers able to offer instant transfers. However, fast transfers usually cost more than regular transfers thanks to high fees and poor exchange rates.

How do I send funds abroad quickly?

The exact process for sending a same day transfer varies depending on the company you choose to handle your transaction. There are companies like Western Union and MoneyGram that allow you to send cash overseas by visiting your nearest transfer branch or by entering your payment details online, and the funds you send can then be collected by your beneficiary at a branch in their country of residence. There are also online money transfer companies, such as OFX, that allow you to send funds online from your bank account to your recipient’s overseas bank account. Banks, including the Commonwealth Bank and NAB, can also allow you to send international money transfers, either through your internet banking account or by visiting a branch. However, the availability of same day processing may vary depending on where you are sending your money and the currency you transfer.

What's the range of same day overseas transfers available?

  • Money transfer with cash pickup. MoneyGram and Western Union are the two well-known companies of this service. The money you send with either company can be made available for your recipient to collect within 10 or 15 minutes in most cases, and each company has hundreds of thousands of locations around the world.
  • Bank transfer. Most major Australian banks will make it possible to send international money transfers. However, same day transfers will not be available to all destinations. While transfers within 24 hours are possible to certain countries and in certain currencies, funds sent to other destinations could take as long as five days to arrive.
  • Online money transfer. Online transfer companies like OFX allow speedy international transfers. However, once again the processing time for your transaction may take longer than 24 hours depending on where you are sending your money.

How do I compare same day international money transfers?

  • Exchange rates. The rate of exchange you receive when converting Australian Dollars into another currency will have a huge influence on the cost of your transfer. Look for the highest rates you can find but be wary of any high fees that may be attached.
  • Fees. You’ll need to pay a fee to send money overseas, although some providers will waive the fee when you transfer a large amount.
  • Transfer networks. If sending your funds for cash pickup overseas, compare how many branches each company has near your recipient.
  • Transfer methods. How will you lodge the transfer: can you do it online or will you need to visit a branch?
  • Pickup methods. While some companies offer fast cash pickup, others will deposit the funds you send directly into your recipient’s bank account.
  • Customer support. It’s also a good idea to look for a company with a solid reputation for providing professional and friendly customer support. Compare the ways in which support is offered - phone, email, live chat - and the hours during which you can access help.

Does PayPal offer same day international money transfers?

Yes, with PayPal the money arrives in minutes if you already have an established PayPal account. You can use PayPal to send personal payments to friends and family abroad. For those who have never used PayPal before, you can normally set one within a few minutes if you have instant access to up-to-date bank statements. This is because PayPal deposits small amounts into your account and you're required to verify your account based on the deposits. Learn more about PayPal overseas transfers.

What are the pros and cons of same day international money transfers?


  • Fast. Same day international transfers allow you to get funds to someone overseas as quickly as possible.
  • Convenient. You can lodge transfers online or by visiting a branch of your transfer provider.
  • Support your family and friends. Whether you’re sending savings to your family or just providing urgent help to a cash-strapped friend or relative, same day international money transfers provide an easy solution.


  • Can be costly. Same day transfers usually attract higher fees and lower exchange rates than regular transfers, so you need to be prepared to pay extra to send your funds.

Are there any problems with a fast money transfer?

The main problem you should be aware of when sending an international money transfer is the cost of the transaction. As mentioned, you will not usually receive the best exchange rate available when you send a fast transfer, while a higher transfer fee will also apply. This is why you should always carefully review the full details of your transfer before you hand over any money. Finally, you should always be aware of the fact that some transfer providers, for example your bank, will not always be able to offer a same-day transfer to certain destinations.

Real questions from actual users

Western Union (500,000-plus locations) and MoneyGram (approx 350,000 locations) are the two largest providers of same day international money transfers.
Fees vary substantially depending on where you are sending your money, the currency you send, how much you transfer and the transfer provider you choose. As a very rough guide, you could be looking at fees anywhere from $5 up to $80.
Yes, you will be given a receipt or transaction reference number that you can use to monitor the progress of your funds, in most cases online.
You can compare the features and services of a host of reputable companies at

International Money Transfer Offers

Learn about our information service
TorFX International Money Transfers

TorFX guarantee to beat any competitor's exchange rate for a transaction
Conditions apply

Exclusive: World First International Money Transfers

Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.

Sable International

Exclusive offer: $0 transfer fee and Price Beat Guarantee
Quote "finder" when your Sable International account manager calls you - guaranteed to beat any competitors exchange rate.

Exclusive: CurrencyFair International Money Transfers

Exclusive offer: 3 Free transfers (after your first transfer).
A peer-to-peer transfer service with a large range of currencies on offer.

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • 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

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question