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Famous for its soaring mountains, beautiful valleys and myriad snow activities, Slovenia is an excellent inclusion on any Australian’s European travel itinerary. There are also more than 15,000 Australians of Slovenian origin, so there’s no shortage of reasons why you might need to send money to Slovenia from Australia.
Before you commit to a transfer, however, make sure to hunt around for the best exchange rates and lowest fees for your transaction. TorFX guarantees to match any competitor's exchange rate. Conditions apply.International Money Transfer Offer
TorFX International Money Transfers
International Money Transfer Offer
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.
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Banks are the first option many people think of when they need to send money overseas, and this unfortunate decision often costs them dearly. Banks offer poor exchange rates and charge high fees on international money transfers, so you can end up paying a whole lot more than you need to in order to get your money where it needs to go.
But you can usually find a much better deal if you use the services of a company that specialises in handling international money transfers, for example WorldFirst or CurrencyFair. These companies offer significantly better exchange rates and also usually charge lower fees than the banks, and most providers offer the ease and convenience of online transfers.
Sue wants to send $1,000 to her friend Michael in Slovenia to repay an old loan. She has an account with a ‘big four’ bank in Australia and considers using their services to send the funds, but when she sees the poor exchange rates on offer she decides to shop around for a better deal. She decides to compare her bank’s exchange rates and fees with those offered by a specialist online money transfer company.
As the table below shows, Sue can send more than €60 extra by using the money transfer company and she can also save $15 in transfer fees. This clearly demonstrates the benefits of comparing your options before you send money to Slovenia.
| Bank | Money transfer company | |
|---|---|---|
| Exchange rate | 1 AUD = 0.6048 EUR | 1 AUD = O.6352 EUR |
| Fee | $20 | $5 |
| Transfer method | Wire transfer | Online transfer |
| Transfer time | 1-3 days | 1-3 days |
| Amount received (in EUR) | €1,209.60 | €1,270.40 |
If you ever need to send money between Australia and Slovenia as quickly as possible, for example to provide urgent funds for a cash-strapped relative, make sure you know the full details of the transaction. Banks and other money transfer providers will usually charge more for ASAP transactions through lower exchange rates and higher fees, so it’s important to make sure you know exactly how much the transfer will cost before you part with any cash.
Back to topWith hundreds of thousands of locations around the world, Western Union and MoneyGram offer fast and easy cash transfers. Your beneficiary can collect the cash in person within minutes, but they’ll need to take along a transaction reference number and photo ID to do so. You can find the details of some popular cash pickup locations below.
The Department of Foreign Affairs and Trade classifies Slovenia as a safe country for Australian tourists to visit, but you should still take care when picking up cash following a money transfer. If possible, take a friend along with you and make sure to avoid any areas which are unsafe. Don’t carry a large sum of cash around for any longer than necessary and deposit the funds with your bank as soon as you can.
Back to topYou will generally have to complete the following steps if you want to send money to Slovenia:
