Transfer amounts 50000

Find the best exchange rate when transferring $50,000 overseas

If you need to send $50,000 overseas, a better exchange rate could save you thousands of dollars.

Use our handy comparison table below to quickly compare the exchange rates, fees and features of our panel of leading money transfer providers.

Compare providers to find the best options when sending $50,000 overseas

Rates last updated May 26th, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
AUD 200
1 day
Online, Phone, Agent
TorFX guarantee to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

OFX (Ozforex) International Money Transfers
AUD 250
1 day
Online, Phone, Agent
Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.
WorldFirst International Money Transfers
AUD 2,000
1 day
Online, Phone
Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app. No transfer fees for personal or business customers.
FC Exchange International Money Transfers
AUD 3,000
1 day
Online, Phone, Bank Account to Bank Account
FC Exchange 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.
XE International Money Transfers
AUD 0
1 day
Online, Phone, Bank Account to Bank Account
With global payments provider XE, enjoy fast and secure transfers and a range of foreign currency tools and calculators, while benefiting from $0 transfer fees.
ANZ International Money Transfer
AUD 0
1 - 2 days
Online, Phone, Bank Account to Bank Account
Transfer to over 99 countries via online banking, phone banking or through an ANZ Bank branch. Rate last updated on 15/05/2018 at 10 am. Find out how we calculate this exchange rate.
Moneycorp International Money Transfers
GBP 50
Same day
Online, Phone, Bank Account to Bank Account
The longest standing and largest full service specialist currency provider in the UK.
HiFX International Money Transfers
AUD 50
2 days
Online, Phone, Agent
Transfer amounts as low as $50. No maximum transfer amount. No transfer fees if you transfer more than AU$10,000.
Currency Online International Money Transfers
AUD 0
2 days
Online, Phone
Enjoy regular scheduled transfers, one off transfers and a range of currencies. Also enjoy your first transfer for free.
BFX Australia International Money Transfers
AUD 250
2 days
Online, Phone, Agent, Bank Account to Bank Account, International Money Order
Pay $0 fee when you transfer more than $5000, regardless of whether you transfer online, over the phone or in branch.
FlashFX International Money Transfers
AUD 200
1 day
Online, Bank Account to Bank Account
Low minimum transfer amount of just AU$200, with no set-up fees or transfer fees.
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.

Compare up to 4 providers

Transfer $50,000 from Australia

There are plenty of important reasons why you might need to transfer a large amount of money to a recipient in another country. These could include:

Whatever the reason, make sure you weigh up all of your options before just sending the funds via your bank by default. While going with your bank may seem like a convenient option, the unfortunate reality is that banks often provide the worst exchange rates for international money transfers, while also charging high transaction fees.

Instead, consider using a specialist online transfer company to help you send the funds overseas. Unlike the banks, these companies focus all their efforts on international transfers. They have fewer overheads to contend with and work within much tighter margins – all of which can mean big savings for you.

Even a minor variation in the exchange rate can make a huge difference to the overall cost of a $50,000 transfer, so shopping around to compare money transfer providers is crucial. By comparing the transfer providers listed in the table above, you can quickly and easily evaluate your options and find the best value for your business.

Case study: Banks vs online money transfer services

Chris’s daughter Maddy has been living and working in the United States and recently got engaged. To celebrate the exciting news and to help his daughter and her husband-to-be buy their own home, Chris plans to send AUD$50,000 to the United States.

He visits his local bank branch to complete the transaction, but upon hearing the best exchange rate they can offer, Chris begins to have second thoughts. To see if there might be a better deal elsewhere, he also approaches a reputable online transfer company for a quote.

BankMoney transfer company
Exchange rateAUD$1 = US$0.7046AUD$1 = US$0.7403
Transfer feeAUD$22AUD$4
Amount sentAUD$50,000AUD$50,000
Amount receivedUS$35,230US$37,011
Difference+ US$1,781 received

As you can see, if Chris uses the specialist money transfer company, he’ll be able to send his daughter US$1,781 more for the same investment of AUD$50,000, plus the transfer fee. In this case, even the transfer fee is AUD$18 less than what his bank quoted.

Disclaimer: The exchange rate and fees quoted in this fictional case study may not reflect market rates. Confirm the actual rates and fees before proceeding with your own money transfer.

Compare overseas money transfers

Once you've homed in on your preferred providers on the money transfer providers table above, the next step is to click on the "Go to site" button to visit their website and review the features, rates and services they offer. Next, contact the provider to obtain a quote and proceed with the transfer.

Whether you’re making a personal or business money transfer, finding the best exchange rate will ensure that you can send a larger amount for less. Start comparing and saving now.

Tim Falk

A freelance writer with a passion for the written word, Tim loves helping Australians find the right home loans and savings accounts. When he's not chained to a computer, Tim can usually be found exploring the great outdoors.

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International Money Transfer Offers

Important Information*
TorFX International Money Transfers

TorFX guarantee to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

OFX (Ozforex) International Money Transfers

Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.

WorldFirst International Money Transfers

Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app. No transfer fees for personal or business customers.

FC Exchange International Money Transfers

FC Exchange 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.

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