Slovakia, which is also commonly referred to as the Slovak Republic, boasts a spectacular natural landscape and a number of magnificent castles. A member of the European Union, Slovakia is a great place for Australian tourists to visit on any European adventure holiday.
If you ever need to send an international money transfer from Australia to Slovakia - maybe you need to help a cash-strapped relative buy a flight home, for example - there are plenty of companies who can offer quick and easy funds transfers. You just need to compare your options to find the transfer provider that offers the most cost-effective solution.
International Money Transfer Offer
TorFX International Money Transfers
No extra fees
Fix your exchange rate for up to 2 years
Personal account manager
International Money Transfer Offer
TorFX guarantees to match any competitor's exchange rate. Conditions apply. Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
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.
Speak to a FX Expert
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.
While you might think the best way to send an international money transfer is via your bank, the unfortunate truth is that banks offer some of the worst exchange rates you can find for international transactions. They usually charge high fees as well, which can result in a very bad deal for you.
But recent years have seen the emergence of a number of online money transfer companies. These providers, such as OFX and Currency Fair, specialise in handling international money transfers in a fast, convenient and affordable fashion. They typically offer far better exchange rates and charge lower fees than the banks, so they’re definitely worth considering when you need to send money to Slovakia.
Money transfer companies versus banks Sam's family
Although he’s moved to Australia permanently, Sam stays in regular contact with his parents in Bratislava. With their 30th wedding anniversary fast approaching, Sam wants to send his mum and dad a gift of $1,000. In an effort to get the best possible deal for his transfer, Sam compares the money transfer services of a ‘big four’ bank with those of a specialist money transfer provider.
Money transfer company
1 AUD = 0.6035 EUR
1 AUD = 0.6366 EUR
Online bank account transfer
Amount received (in EUR)
As you can see, Sam can send more than an extra €26 using a money transfer provider instead of his bank, plus he can also save $15 on transfer fees.
How do I compare transfer companies when transferring and receiving money via Slovakia?
Exchange rates. Shopping around for the best available exchange rate is vital to ensure that you get the most affordable transfer deal. However, check to make sure that the company that offers the best exchange rates doesn’t also charge exorbitant fees.
Transaction fees. In most cases you’ll need to pay a fee each time you send a transfer, so do your research to find out how much that fee will be. Also check to see whether you can avoid paying a fee by transferring a large amount.
Transfer options. If you only need to send one-off transfers, there are plenty of providers you can help. However, there are other companies that offer a range of flexible transfer options that can save you time or money, such as the ability to place limit orders or schedule recurring payments.
Transfer methods. In addition to online transfers, some providers offer in-branch transfers, phone transfers and mobile app transfers.
Minimum and maximum transfer amounts. Check to see whether a company imposes a minimum or maximum transfer limit on each transaction. Such limits can be frustrating and restricting if they don’t meet your transfer needs.
Processing times. While some transactions can take several days to be completed, other companies can offer transfers within minutes if urgency is required.
Pickup options. Will the money you send be made available for cash pickup or simply deposited into your recipient’s bank account?
Customer service. Does the company offer phone, email and live chat support? Is there an online help centre with a range of frequently asked questions?
If you ever need to get cash to Slovakia as quickly as possible, for example if you have a friend who needs cash urgently to settle a debt, be aware of the fact that emergency cash transfers usually cost more. Poor exchange rates and higher fees are the norm with these types of transactions, so make sure to check over all the details of your transfer before you hand over any money.
Cash pickup locations in Slovakia/ Western Union / MoneyGram branches in Slovakia
Western Union and MoneyGram have multiple locations throughout Slovakia where your beneficiary can collect the cash you send. They’ll need to take along photo ID and a reference number to access the funds, while phoning ahead to confirm suitable funds are available for large transfers is also recommended. Some popular cash pickup locations are listed below:
Slovenska PostaNam. Snp 35Bratislava, 80200
Bratislava 13Hodzovo Namestie 1Bratislava, Bratislava
Although different companies have different procedures you must follow when sending a transfer, you will generally have to complete the following steps to send money to Slovakia:
Register for an account. This is often free to do online and requires you to provide your contact details and proof of ID. Your bank account information will often also be required.
Enter your transaction details. You will need to enter information about how much money you’re sending and in what currency, where you’re sending the funds to, and the name and contact details of your recipient.
Confirm your transaction. The final step is to confirm and pay for your transfer, while you should also keep any transaction reference number you receive so that you can check up on the status of your transfer.
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.
Sign up for a new account and receive a $50 Myer gift card when you transfer $10,000 or more. Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
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.