You could save up to $94 when you send $5,000 overseas from Australia.
When you need to transfer $5,000 overseas, it’s vital to shop around for the best available deal. The exchange rate and transfer fee that applies to your transaction can vary substantially from one transfer provider to the next, so it pays to compare your options before parting with any money.
- Low transfer fees
- Zero-margin exchange rates
- Same or next business day transfer
- Earn loyalty points on sign up, referral and every transaction
- $15 off first transfer when registered through finder (T&Cs apply)
International Money Transfer Offer
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).
- Minimum transfer amount: $200
- Online transfer fee: $0.50
Search and compare for your best options when sending $5,000
Prefer to speak to a person?
$5,000 is a lot of money, so we understand if you'd prefer to speak to a human being. By entering your details below, a foreign exchange consultant will call you back at your preferred time.
In the table above you can compare the best prices available when you need to transfer $5,000 overseas from Australia. Our panel of specialist transfer companies offer better exchange rates and lower fees than the banks, allowing you to enjoy excellent value for money on your international transaction. Compare the exchange rates, fees and transfer processing times on offer from each of our money transfer providers below.
Liz sends $5,000 to family in the United States
Liz wants to send AUD$5000 to the United States as a gift to her parents. She's always looking for easier, cheaper ways to send money overseas since she's sick of paying too much.
|Money transfer service||Bank|
|Exchange rate||$1 = 0.7500||$1 = 0.7085 USD|
|Amount received for $500||$3,720.95 USD||$3626.91 USD|
|Transfer time||1 -2 days||3 to 5 days|
|Transfer options||Online transfer||Account to account, online|
As you can see, there is a difference of nearly $95 when comparing a bank to a money transfer service.
Transfer $5,000 from Australia
Shopping around for the best deal when you need to transfer $5,000 overseas could save you hundreds of dollars. Although you could simply send the money via your bank, the exchange rate you could receive would be significantly lower than what you could find elsewhere. Banks also tend to charge high transfer fees, so they certainly don’t offer value for money when you need to send funds overseas.
Specialist money transfer providers offer a much more cost-effective option for transferring $5,000 overseas. These companies are experts when it comes to foreign exchange and can offer a much more cost-effective deal. With better exchange rates and lower fees than the banks, international transfer providers offer a secure and convenient way to send money overseas.
Comparing the prices listed above from our panel of leading transfer companies will help you save money on your next international money transfer. You may need to transfer $5,000 overseas to:
- Pay a debt
- Buy property overseas
- Send money to a family member or friend
- Pay a business supplier
- Make a regular overseas transfer
- Pay overseas school fees
Whatever the reason you need to send money overseas, comparing your options before you hand over any money is the best way to find an affordable and secure deal.
Compare overseas money transfers – click "Go to site"
The table above allows you to compare the vital transaction details from a range of providers when you need to transfer $5,000 overseas.
Once you’ve found the deal that best meets your foreign exchange needs, click “Go to site” to find out more information and receive a transfer quote. Even performing a quick comparison can lead to substantial savings, so start searching for the best transfer deal now.