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 November 18th, 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 guarantees 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
$0 transfer fees for Finder customers.
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, Bank Account to Bank Account
Use code FINDER20 for $20 credit towards your next transfer*. Conditions apply.
Send 60+ currencies at competitive rates with $0 transfer fees for Finder customers. WorldFirst will beat any eligible quote from another provider.
*Offer valid for one-time use and only applies to transfers of AUD$10,000 or more.
WorldRemit International Money Transfers
AUD 1
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
Global Reach (formerly FC Exchange) International Money Transfers
AUD 3,000
1 day
Online, Phone, Bank Account to Bank Account
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.
XE International Money Transfers
AUD 10,000
1 day
Online, 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.
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.
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.
Exclusive: InstaReM International Money Transfers
AUD 200
1 - 2 days
Online, Phone, Bank Account to Bank Account
Exclusive: finder customers receive $15 off their first transaction. T&Cs apply.
InstaReM offers simple and quick international money transfers with zero-margin exchange rates. There's a flat 0.5% transfer fee for most transfers. Earn loyalty points on sign up, referral and every transaction, plus finder customers receive $15 off first transfer (T&Cs apply).
TransferWise International Money Transfers
AUD 1
1 - 2 days
Online
Make online transfers with transparent exchange rates, low fees and low minimum amounts.
Remit2India International Money Transfers
AUD 50
Same day
Online, Bank Account to Bank Account
Instant transfers to India from anywhere in the world with $0 transfer fees.
New customers who create an account with Remit2India and make a transfer of AUD$500 or more for the first time will receive a complimentary $25 Coles/Myer e-voucher. Click 'Go to site' for T&Cs.
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 guarantees 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

$0 transfer fees for Finder customers. 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

Use code FINDER20 for $20 credit towards your next transfer*. Conditions apply.
Send 60+ currencies at competitive rates with $0 transfer fees for Finder customers. WorldFirst will beat any eligible quote from another provider.
*Offer valid for one-time use and only applies to transfers of AUD$10,000 or more.

WorldRemit International Money Transfers

An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.

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