With many successful startups originating from its local entrepreneurs, Australia has a vested interest in cultivating future business and tech relations with this small country between Poland and Russia.
Although imported services aren’t at a high in the current two-way trade relationship which is at AUD$5.1 million, the growth of young companies in the online environment shows potential increases in growing service imports to Australia. This growth is valued at a current year-on-year growth of 33.3%.
International Money Transfer Offer
WorldRemit International Money Transfers Offer
Send cash online within minutes
Large range of destinations
No minimum transfer amount
International Money Transfer Offer
Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.
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.
Keep ahead of the curve with daily currency exchange rate alerts
Compare money transfer companies when sending USD or EUR to Belarus
Victor is part of an upstart, online journalism platform, that faces severe oppression like many of the free press movements in Belarus.
Whilst in Australia, he plans on doing some freelancing journalism to increase the capital available for their small startup.
He uses a benchmark amount of 1,000 AUD and compares the following services that will send the money in either USD or EUR. Most of the transfer companies only send in these currencies and the few that do send in BYR means that the amount received will be a couple of million due to the exchange rate of the BYR compared to the AUD.
This means that comparing in USD as below (still received in Belarus) makes for easier data comparisons in the case where Victor is considering different service options.
What features or components do you use to compare money transfer companies that will send money to Belarus?
Exchange Rates. When comparing rates for sending money Belarus, view the rates between the AUD, USD, EUR and BYR. With many of transfer services you will most likely use three of the four. USD and EUR can be used in Belarus but will need to be exchanged for BYR eventually.
Pickup Methods. Some money transfer services will allow you to send BYR to a bank account and others will have to be a cash pickup at an agent in the form of USD or EUR.
Fees. Fees will be lower for transfers to a bank account that takes a couple of days and higher for emergency cash transfers.
Turnaround Time. Receiving money to a bank account in Belarus will take a couple of days but with cash pickups the money can transferred and ready to use for further conversion in minutes.
Transfer Methods. Money can be sent using an online account, phone, agents or even through a mobile app.
Transfer Options. Depending on which service you use, some of the transfer options include recurring payments, spot contracts, booked rates, and once off payments.
Minimum/Maximum Transfer Amounts. These can range between 250 AUD, 1,000 AUD or 5,000 AUD. Be sure that a low minimum doesn’t have a low maximum attached.
Customer Service. With most of the available companies you can expect phone and email support that is world class. Some of the companies also boast online chat support.
How will Victor send money to Belarus when he is stationed in Australia?
Most of the money transfer services will allow a recipient to get money in USD or EUR for cash pickup and not in BYR. These currencies can be converted in Belarus for the BYR but needs to be brand new currency. See tips lower down in the article for further advice on this.
Banks - Check if your bank offers international money transfer services to Belarus. Each bank charges their own fees. You will need a SWIFT or BIC code and IBAN number.
Paypal - you can use Paypal for international payments and transfers when you have two supporting markets. Belarus and Australia in this instance are both supported markets. This means the money can be converted to the available currencies on Paypal and which is used for transfers.
How will Victor receive money from Belarus when he is in Australia?
Money transfer services - companies like Moneygram and Western Union will allow Victor’s associates to send him money in Australia, but they will need to first get USD or EUR and send it cash through an agent or have it on a currency card with which they do it online. He can also receive money in a bank account if he creates one that is compatible with receiving money from Belarus.
When picking up cash in Belarus, you will receive the money in USD or EUR. When you take the money to a local exchange bureau as noted above, you will need to present new and unmarked currency for exchange.
Some places will accept USD and EUR, but not all of the places you might visit. If you are new to Belarus cities, it is advised to check out how safe the areas are where you want to pick up your cash.
Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.
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.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of major banks, insurers and product issuers.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions.
Products marked as 'Promoted' or "Advertisement" are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options and find the best option for you.
The identification of a group of products, as 'Top' or 'Best' is a reflection of user preferences based on current website data. On a regular basis, analytics drive the creation of a list of popular products. Where these products are grouped, they appear in no particular order.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment.
We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.