Compare cheap exchange rates when you transfer $5,000 overseas

Save up to $95 when you transfer $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 apply 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.

Compare international money transfers below

Rates last updated November 18th, 2017

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting
Transfer Speed Services Min. Transfer Amount Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
TorFX guarantee to beat any ... TorFX guarantee to beat 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.
1 day
OnlinePhoneAgent
AUD 200 Rates are always
changing, click to check
your price today
Go to site More
Exclusive: OFX (Ozforex) International Money Transfers
Exclusive offer: Discounted exchange rates ... 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.
1 day
OnlinePhoneAgent
AUD 250 Rates are always
changing, click to check
your price today
Go to site More
Exclusive: WorldFirst International Money Transfers
Exclusive offer: $0 transfer fee ... 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.
1 day
OnlinePhone
AUD 2,000 Rates are always
changing, click to check
your price today
Go to site More
FC Exchange International Money Transfers
FC Exchange can save you ... 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.
1 day
OnlinePhone
AUD 3,000 Rates are always
changing, click to check
your price today
Go to site More
XE International Money Transfers
Enjoy fast... Enjoy fast, secure and fee-free international money transfers from global payments provider XE.
1 day
OnlinePhone
AUD 0 Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Make your first transfer for ... Make your first transfer for free
Send money in more than 40 currencies.
2 days
OnlinePhoneAgent
AUD 50 Rates are always
changing, click to check
your price today
Go to site More

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.

Case study: 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 being ripped off by the banks.

Money transfer serviceBank
Exchange rate$1 = 0.7500$1 = 0.7085 USD
Transfer fee$34.76$22
Amount received for $500$3,720.95 USD$3626.91 USD
Transfer time1 -2 days3 to 5 days
Transfer optionsOnline transferAccount to account, online
Difference of$94.04

As you can see, there is a difference of ~$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 “Quote/Apply”

The table below 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 “Quote/Apply” 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.

Was this content helpful to you? No  Yes

Ask an Expert

You must be logged in to post a comment.