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Review: Unimoni international money transfers

Unimoni lets you send money to more than 190 countries, but you'll need to create an account to find out what transaction fees apply.

Updated

Quick verdict

Good for
  • Wide range of supported currencies
  • Bank transfers and cash payouts
  • Competitive rates
  • Easy to use
Not so great for
  • Paying by credit/debit card
  • Transparent fee information

Unimoni exchange rates and fees

Unimoni adds a margin on top of the mid-market exchange rate before selling currency to its customers. The mid-market rate is the "real" exchange rate you see listed on Google and Reuters.

The company also charges a transaction fee on all transfers, which varies depending on where you're sending money and the type of transfer you select.

Available currencies

Unimoni allows you to transfer money to more than 190 countries. Supported currencies include:

  • INR Indian rupees
  • PHP Philippine pesos
  • PKR Pakistani rupees
  • LKR Sri Lankan rupees
  • BDT Bangladeshi taka
  • USD US dollars
  • EUR Euros
  • GBP British pounds

What types of transfers can you make with Unimoni?

Unimoni offers two types of transfers for Australian customers:

  1. Online money transfer. You can send a transfer directly to your recipient's overseas bank account through the Unimoni website or mobile app.
  2. Cash payout. You can send an instant cash transfer to 200,000 cash collection locations around the world. This service is offered in conjunction with Xpress Money and MoneyGram. Your recipient can collect the funds by visiting the nominated cash pick-up location and providing photo ID and the transaction reference number.
  3. Instant bank transfers. Unimoni's FLASHremit service offers fast transfers to your recipient's bank account. This option is only available for selected countries.

How long does a transfer with Unimoni take?

Transfer speeds will vary depending on the delivery method you've selected.

  1. Cash payout transfer. Almost immediately
  2. Bank account transfer. 2–3 business days

Which payment methods does Unimoni accept?

There are three ways to pay for your transfer with Unimoni:

  • Internet transfer
  • BPAY
  • POLi Payments

Is Unimoni safe to use?

  • Regulation: Regulated by the Australian Securities and Investments Commission (ASIC)
  • Established: 1980
  • Customers: 15 million
  • Reviews: Trustpilot TrustScore of 9.6/10 from 927 reviews
  • Security: 128-bit SSL encryption used
*According to Unimoni and Trustpilot on 12 February 2019

Unimoni Australia is regulated by the Australian Securities and Investments Commission (ASIC). It is also listed on the Australian Transaction Reports and Analysis Centre (AUSTRAC) Remittance Sector Register. Unimoni is part of UAE Exchange Group (UX Holdings Limited), which is a company incorporated under the laws of Dubai International Financial Centre.

Unimoni guarantees the safety of your money and information when sending an online transfer. It uses SSL encryption to secure transactions and Unimoni Australia is reportedly monitored by Norton Secured powered by VeriSign.

How does Unimoni make money?

Unimoni makes money in two ways:

  1. By charging a nominal fee on all transfers
  2. By adding a margin on top of the mid-market exchange rate. This margin is commonly between 0.5% and 1%, but can be higher in some cases.

How to register an account

How do I make an international money transfer with Unimoni?

Here's what you'll need to do to send money overseas with Unimoni:

  1. Visit the Unimoni website and log in to your account.
  2. Choose whether you want to send a bank transfer or a cash payout transfer.
  3. Add your recipient's name, contact details and bank account details (if required).
  4. Enter the amount and currency you want to send.
  5. Choose your payment method.
  6. Review all transaction details and click "Send" to finalise your transfer.

What is Unimoni?

Unimoni is a global money transfer, foreign currency exchange, credit solutions and payment provider. It is part of the UAE Exchange group of companies, which was founded in 1980 and has its headquarters in Abu Dhabi. The group operates in 31 countries around the world and has served more than 15 million customers.

In Australia, UAE Exchange and Money2Anywhere re-branded to the Unimoni Australia moniker in 2018.

In a nutshell

Pros
  • Competitive exchange rates. Use Unimoni's online exchange rate calculator to see how its rates compared to those offered by other transfer services.
  • Payout options. You have the flexibility of sending either a bank account deposit or cash pick-up transfer.
  • Easy to use. Unimoni's online platform is easy to navigate and use.
  • Wide range of currencies supported. Unimoni allows you to send overseas transfers to more than 110 currencies.
Cons
  • Limited fee information. If you want to calculate the fees and charges that will apply to your transfer, you'll first need to sign up for a Unimoni account.
  • Can only pay from your bank account. If you want to pay for your transfer with your credit/debit card or cash, you'll need to consider using a different transfer service.

How does Unimoni compare to other providers?

If you want to see how Unimoni's fees and exchange rates stack up against the competition, check out the comparison table below.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 0.657 USD
3,287
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.657 USD
3,287
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 250 1 - 2 days AUD 15.00 0.657 USD
3,277
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.657 USD
3,287
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 1 1 day AUD 26.00 0.66 USD
3,283
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
AUD 0 Same day AUD 2.99 0.653 USD
3,262
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
AUD 1 1 day AUD 0.00 0.657 USD
3,284
Get fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.653 USD
3,266
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Same day AUD 3.99 0.652 USD
3,258
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
Data indicated here is updated regularly
Name Product Description Minimum Order Amount Maximum Order Amount Delivery/Pickup Method Commission Fees
Travelex Foreign Currency
Travelex makes it easy to exchange and get the best rate on over 40 currencies so you can be prepared for your next holiday.
$500
$5,000
In Store or At Airport
$0
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Compare up to 4 providers

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FAQs

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Important Information*
Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

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