Compare the best international money transfer services

How to get the best rate, the lowest commission and the quickest international money transfers.

Are you looking to find the best ways to send money overseas? We compare a number of different companies which offer some of the best deals on international money transfers. You can discover how to find the best deals on the market to suit your money transfer needs.

Compare international money transfer options below.

Rates last updated November 19th, 2017
Name Product Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received Description
TorFX International Money Transfers
AUD 200
1 day
Online, Phone, Agent
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies.
Exclusive: OFX (Ozforex) International Money Transfers
AUD 250
1 day
Online, Phone, Agent
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
A higher exchange rate applies to non-finder customers. Send money in 45 currencies.
Exclusive: World First International Money Transfers
AUD 2,000
1 day
Online, Phone
Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
FC Exchange International Money Transfers
AUD 3,000
1 day
Online, Phone, Bank Account to Bank Account
FC Exchange can save you money with its Best Exchange Rate Guarantee. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in 43 currencies.
Compass Global Markets International Money Transfers
AUD 1,000
1 day
Online, Phone
Send money overseas in at least 140 currencies.
Moneycorp International Money Transfers
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
Make your first transfer for free
Send money in more than 40 currencies.
Currency Solutions International Money Transfers
AUD 3,000
2 days
Online, Phone, Bank Account to Bank Account
Send money in 39 currencies.
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

How to find the best exchange rate

Exchange rate information is readily available online and is updated regularly. Banks publish their rates daily and many have online calculators on their websites so you can see what they are offering. You will find that banks offer lower exchange rates than specialist international money transfer services. Peer to Peer (P2P) international payments can give you close to the market rate, however keep in mind you are still going to pay a margin on the exchange rate plus a commission.

Best rate guarantees and price promises

TorFX offer a best rate guarantee on international money transfers. If you send a photo or a copy of a competitor’s quote, TorFX will beat it up to the market rate. The signup process for TorFX is more intensive than many other companies, where they require some paperwork before your registration is complete. Other companies, like Transferwise, let you sign up using Facebook.

Travelex offer something similar called the International Payments Price Promise which guarantees the best overall quote on international money transfers. You must contact Travelex within 30 minutes of finding a better deal from a competitor company. Like TorFX, Travelex have a 2 step sign-up process.

Bank and non-bank 1 CAD / USD comparison


*10.51pm 29 Oct 2017


Some online calculators quote the interbank rate and provide an example figure only. You are shown the actual rate when you are given a full quote.
How to get the best exchange rate.

How to find the lowest commission

There are money transfer companies which do not charge commission, however they may add bigger margins on the exchange rate to offset costs. This means that they will offer lower and less competitive exchange rates than other companies. Compare the exchange rate of the following no commission international payment companies:

No commission

First transfer free

Low transfer fee

  • 1st Contact Forex give you every 5th transfer free. The usual fee on transfers to most countries is between $10-$20.
  • Transferwise give a good rate and charge fees as low as $10 for international money transfers.
  • FairFX

How to find the transfer speed you want

Many of the money transfer companies we compare can send money overseas at a competitive exchange rate and a good price, but the process may take a day or two or sometimes even longer.

There are three companies which can send money overseas in just minutes. If you need to get emergency cash overseas and into the hands of your recipient within minutes, WorldRemit, Western Union and MoneyGram are the companies to compare.

While they have the highest transfer fees due to their quick speeds, Western Union and MoneyGram have hundreds of thousands of cash collection points all over the world. You could find better rates elsewhere, but if you are looking for speed, you should compare these companies.

International cash payment companies.

How to find the money transfer features you want

Different companies have different strengths, so it is important to choose a company that offers what you need. An an example, Western Union send money quickly and have thousands of locations worldwide but charge higher fees, while companies like TorFX can help with purchasing overseas property and moving large sums of money to another country.

If you are looking for more transfer options, like market and limit orders, have a look at these companies:

  • TorFX
  • 1st Contact Forex
  • Moneycorp
  • FC Exchange
  • Currency Solutions
  • Worldfirst
  • OFX

If you are looking for business international money transfer services then consider these companies:

  • 1st Contact Forex
  • TorFX
  • Currency Online
  • World First
  • OFX
  • TransferWise
  • PayPal

Compare business international money transfers.

If you are looking to make regular international money transfers, take a look at these companies:

  • TorFX
  • OFX
  • Currency Solutions
  • FairFX
  • World Remit
  • TransferWise
  • Currencies Direct

Make regular international money transfers.

Where are you sending money to?

Read specific information on the best ways to send money to different countries here. From Afghanistan to Zimbabwe, you can view which money transfer services support which currencies and you can also view Western Union coverage worldwide, as well as other important information.

How to compare international money transfer companies.

  • Transfer fee. The cost of the international money transfer.
  • The exchange rate. The rate of exchange between Canadian dollars and the foreign currency.
  • Transfer speed. The time it takes for the money to reach the recipient. Transfer time generally ranges from a few minutes to 5 days.
  • Payment methods. You can generally pay using your credit card or debit card and sometimes PayPal is accepted. If you are visiting a branch or money transfer kiosk in person, they may accept cash.
  • Collection options. Your recipient may be able to pick the money up from a branch as cash or it may be deposited into a bank account.
  • Customer service. Ensure you can contact a customer service representative if you have a question about your international money transfer.

If you have any questions about comparing international money transfer companies, contact us using the form below.

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2 Responses

  1. Default Gravatar
    annetAugust 10, 2016

    Is it possible to use a credit card to pay an invoice in US$ and how does that compare in costs?

    • Staff
      ShirleyAugust 10, 2016Staff

      Hi Annet,

      Thanks for your question.

      If the invoice accepts international money transfers directly, then it should be possible to pay from your credit card.

      In terms of cost, the transaction might be treated as a cash advance which means you could get charged more interest plus a cash advance fee. It’s best to check with your credit card provider directly to enquire about how the transaction will be treated.