Revolut is a relative newcomer to the money transfer space in Australia and offer competitive exchange rates on small transfers.
OFX is a good alternative if you're looking to send a large amount. Not only is there no maximum sending limit, but the $15 transfer fee is waived if the transfer is over $10,000.
Wise offers users the mid-market rate and is one of the only transfer companies to do so. This means you'll get the exchange rate you see on Google or Reuters, without an extra margin added on.
Instarem is great for fast transfers and offer loyalty points to loyal customers.
Western Union is one of the most well-known names in the industry. It has more than 500,000 agent locations around the world, making it convenient for both sending and receiving money as cash.
Well-known money transfer brand, MoneyGram transfers money to over 200 countries and provides cash-pickup.
TorFX is another company that has no maximum sending limit, meaning it's well-suited to the larger transfers WorldRemit can't do. TorFX also has a business option.
Transfers with Remitly come with an "on time promise", meaning you'll be refunded if your transfer doesn't arrive on time. You're able to send money to a lot of popular remittance countries, like India and the Philippines.
Xe offers low-fee transfers, backed by a well-known brand in the currency exchange industry.
Alternatively, learn more about WorldRemit in our review.
We currently don't have that product, but here are others to consider:
How we picked theseWe review money transfer providers for different features to assign them a score out of 10. The higher the score, the more competitive the product.
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Make simple and small transfers to the Philippines through the IREMITX app.
To find the best rate for your next money transfer, check out our comparison of the fees, exchange rates and transfer speeds of Western Union and MoneyGram.
Search for the SWIFT code you need when sending money to NAB.
Compare Revolut with Wise on speed and cost to see which is best for your next money transfer.
Wise can help you make a fast, secure transfer at the mid-market rate.
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Need to send money at a moment’s notice? The latest P2P, Zelle could be the app for you – if you're in the US, at least.
If you're looking to send money overseas, check out our review of WorldRemit.
