Pay Overseas Bills with a Cheap International Money Transfer

The secret of paying overseas bills from anywhere – and in a way that won’t break the bank.

Given that the world continues to shrink owing to technological advancements, dealing with international bills is becoming more and more common. Individuals on the move find themselves having to make international payments for rent, utility bills, and loans; and businesses have to deal with paying staff and suppliers.

Rates last updated February 20th, 2018
Name Product Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received Description
TorFX International Money Transfers
USD 150
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
USD 150
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
USD 1,000
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
FC Exchange International Money Transfers
GBP 1,000
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.
HiFX International Money Transfers
2 days
Online, Phone, Agent
Make your first transfer for free

Send money in more than 40 currencies.
XE International Money Transfers
1 day
Online, Phone, Bank Account to Bank Account
Send money in more than 60 currencies. Fee-free international money transfers with a global brand.
Compass Global Markets International Money Transfers
1 day
Online, Phone
Send money overseas in at least 140 currencies.
Currency Solutions International Money Transfers
GBP 3,000
2 days
Online, Phone, Bank Account to Bank Account
Send money in 39 currencies.
1st Contact International Money Transfers
2 days
Online, Phone, Bank Account to Bank Account
$0 online fee without any minimum limit on money transfers.
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.
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

Paying overseas bills

You have a few options when it comes to paying bills overseas. One is for you to find out if your existing bank offers international bill-payment services, and your other option is to register with an online bill payment facility provider. In either case, bear in mind that all international money transfers, bill payments included, depend on exchange rates between any two given currencies.

How does receiving money work?

When it comes to receiving money from overseas, international transfer providers give you multiple options from which to choose. You can collect cash from a designated location, receive funds on a prepaid card, funds can transfer directly into your bank account, and certain providers also offer mobile wallet deposits.

Bear in mind that sending and receiving money internationally depends on exchange rates that are subject to change on a daily basis. In addition, service providers tend to charge a fee for such transactions, and they normally deduct this from the transferred amount.

What are some of the overseas bills that I might need to pay?

  • Small amounts. Small amounts bills mainly comprise of your utility and household bills from overseas suppliers. You may want to consider using your debit card or credit card to pay these.
  • Paying suppliers. Paying international suppliers requires that you pay attention to fluctuations in exchange rates, because these payments may be substantial. While you can use your credit card to make small and irregular payments, when it comes to making regular payments you may want to consider asking your bank if it offers alternatives that allow you to make international transfers at more competitive exchange rates. In addition, larger payments tend to attract better exchange rates, so consider making lump sum payments.
  • Paying staff. Paying international staff can be a complex process. Businesses that pay multiple staff members may want to consider using the services of a payroll manager, because aspects like superannuation payments, leaves, payroll tax, and local laws require addressing.

What are some of the ways I can pay my international bills?

Paying any international bill requires you to know if the amount remains the same each month or changes.

  • Fixed regular payments. When it comes to making payments that don’t vary from one month to the next, like your rent or mortgage, you may want to select the fixed regular payment option because this will lock in the exchange rate. What this does, in effect, is protect you from market fluctuations.
  • Non-fixed payments. Certain payments like utility bills change from one month to the next, and this is where non-fixed payments enter the picture. With these payments you cannot benefit through fixed exchange rates, because these take prevailing exchange rates into account.

How to compare providers

  • Fees. The fees you have to pay to make international bill payments can vary significantly from one service provider to the next, remember to check these against their exchange rates.
  • Accessibility. What kind of accessibility does the service provider provide? Can you make online payments and payments over the phone, or do you have to visit a physical location?
  • Exchange rates. The exchange rate you find printed in newspapers each day is never the exchange rate you receive. In fact, exchange rates offered by most businesses that offer international money transfer options vary slightly, and can make noticeable differences when transferring large sums of money.
  • Reputation. Paying attention to the reputation of any such business is crucial because it involves dealing with money. Know that this realm is not devoid of unscrupulous elements, and it is always better to err on the side of caution.

Pros and cons


  • Pay bills from anywhere. You could be paying bills from anywhere in the world, and as long as you have an internet connection, you can pay bills on the move. If you set these payments up in advance you won’t have anything to worry about, internet connectivity included.
  • Say goodbye to late charges. Just about every provider who sends you a bill charges a late charge if your payment does not make it in on time. Automatic bill payments process before due dates, and you don’t have to worry about late charges.
  • Avoid exchange rate fluctuations. If you have to make fixed payments each month, looking for a provider who locks in the exchange rate protects you from unfavourable changes.


  • Fees. Paying international bills, in most instances, require you to pay fees, and while fees tend to vary from provider to provider, they’re almost inevitable.

Frequently asked questions

Why does exchange rate between providers vary?

Business that offer international bill payments alternatives, in addition to charging fees, also make money by offering lower than existing market rates. This is why some businesses offer better rates than others.

What details do I need to make international bill payments?

The name of the service provider you wish to pay, your account number with the provider in question, and the amount you wish to pay.

Do such payments come with minimum and maximum limits?

This essentially depends on provider you choose to deal with, because certain providers have such limitations in place.

Was this content helpful to you? No  Yes

Ask an Expert

You must be logged in to post a comment.

2 Responses

  1. Default Gravatar
    KeithApril 16, 2015

    I want $1045 US dollars to be received in the USA and Im sending this from Australia. How do I enter the calculate question please?

    • Staff
      MarcApril 17, 2015Staff

      Hi Keith,
      thanks for the question.

      While our calculator doesn’t specifically allow you to work back from the amount you want to be received, you can try entering in different transfer amounts until you arrive at the $1045 amount. At the time of writing, it looks as though sending approximately $1,360 AUD would see you send amounts close to $1,045.

      I hope this helps,