Review: Send international money transfers

Fee-free transfers in 30+ currencies to over 200 countries.

Quick verdict

Good for:
  • Fee-free transfers.
  • Sending funds in 30+ currencies.
  • Storing multiple currencies in one online wallet.
  • Dedicated account manager.
Not so great for:
  • Some product features are still being developed.
  • Sending small amounts.
  • Paying by card.
You can check out the full list of pros and cons below.

Product NameSendFX International Money Transfers
Min. Transfer AmountNZD 250
Max. Transfer AmountNo limit
Transfer MethodsOnline, Bank Account to Bank Account
Transfer OptionsRegular payments, One off payments, Forward contracts
Transfer Speed
Minimum transfer time
1 day
Customer ServicePhone, Email
Available CurrenciesAED, AUD, BGN, BHD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, INR, JPY, KES, KWD, MXN, NOK, NZD, OMR, PHP, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR
Online Transfer FeeNZD 0
Phone Transfer FeeNZD 0
Exchange Rate UpdatesDaily

Send exchange rates and fees

Send adds a margin on top of the mid-market rate before selling foreign currency to you. However, aside from this exchange rate margin, Send doesn’t charge any other transaction fees.

Calculate how much sending money overseas would cost with Send by using our tool below.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 250 1 day NZD 0.00 0.654 USD
6,540
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

Compare up to 4 providers

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.

Available currencies

Send allows you to transfer more than 30 currencies, including:

  • CAD Canadian dollar
  • CNY Chinese yuan
  • EUR Euro
  • GBP British pound
  • INR Indian rupee
  • JPY Japanese yen
  • AUD Australian dollar
  • USD US dollar

You can check out the full list of supported currencies above.

What types of transfers can you make with Send?

Send offers bank account transfers in more than 30 currencies. However, there are a few different options available to help you get the best exchange rate for your transaction. These include:

  • Spot contracts. These are one-off transfers made using the best exchange rate currently available. If sending a spot contract, you also have the option of setting up limit and stop orders.
  • Forward contracts. These contracts allow you to lock in an exchange rate now for a transaction that will take place up to 12 months in the future.
  • Regular payments. You can also ask Send to set up a recurring payment up to 12 months in advance using either a recurring spot contract or a series of forward contracts.

How long does a transfer with Send take?

Send aims to process payments quickly and transfer funds as soon as possible.

The funds you transfer should arrive in your recipient’s account within 24 hours of Send receiving your deposit.

What payment methods does Send accept?

The only way to deposit funds into your Send account is via bank transfer.

Transfers typically take

Clock icon for transfer speed

1 day

Is Send safe to use?

  • Regulation: Not regulated in New Zealand.
  • Established: 2019.
  • Reviews: TrustScore of 9.2/10* on Trustpilot from 17 reviews.
  • Investors: Novatti Group Limited.
*According to Send and Trustpilot on 31 May 2019.

SendFX Pty Ltd is the Australian company behind Send’s global transfer service. SendFX is not registered or regulated in New Zealand. However, it is regulated by the Australian Securities & Investments Commission (ASIC). It is also a registered remittance provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) and holds an Australian Financial Services Licence.

How does Send make money?

Send makes money by adding a margin on top of the mid-market exchange rate. The mid-market rate is the “real” exchange rate you see listed on Google – it reflects the current value of one currency relative to another on global exchange markets.

How to register an account

You can register for a free Send account by completing the following steps.

What is Send?

Founded in January 2019, Send is a global payments provider with a mission to become the number one destination for overseas transfers. The company specialises in cross-border payment solutions for individuals and small to medium enterprises (SMEs), and aims to offer a concierge-style service to its customers. Its headquarters are located on the Gold Coast.

In a nutshell

Pros

  • 30+ supported currencies. Send allows you to transfer money to 200 countries in more than 30 different currencies.
  • Fee-free transfers. Send doesn’t charge any transaction fees on international money transfers.
  • Dedicated account manager. When you register with Send, you’re assigned a dedicated account manager who oversees your account and acts as a point of contact for any questions you may have.
  • Multi-currency wallet. You can use your Send digital wallet to manage more than 30 currencies in the one place.

Cons

  • Can’t transfer small amounts. If you want to send an amount less than $250, you’ll need to consider other transfer services.
  • Only one payment method. The only way to pay for your transfer is via bank transfer, so you’ll need to look elsewhere if you want to pay with card or cash.
  • New company. As Send was founded in January 2019 and officially launched in May 2019, using the service means accepting the risks associated with being an early adopter.
  • Still in development. Some Send features, such as the Send mobile app and Send Visa card, are yet to be launched. A rewards programme, which will allow customers to earn loyalty points with every transfer they make, is also still being developed.
  • No New Zealand support. Send’s customer support team is based in Australia. However, Send can be contacted via email for New Zealand-based customers.

How does Send compare to other providers?

To see how Send stacks up against the competition, input your transaction details into the calculator below and then compare the exchange rates and fees offered by a range of money transfer services.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 250 1 day NZD 0.00 0.654 USD
6,540
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
NZD 0 1 day NZD 0.00 0.654 USD
6,540
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
NZD 2,000 2 days NZD 0.00 0.654 USD
6,540
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.
Go to site Show details
NZD 2,000 1 day NZD 0.00 0.654 USD
6,540
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
NZD 1 Within an hour NZD 3.99 0.653 USD
6,527
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 250 1 - 2 days NZD 15.00 0.654 USD
6,530
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
NZD 1 1 - 2 days NZD 80.00 0.657 USD
6,514
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
NZD 5 1 - 2 days EUR 3.00 0.651 USD
6,515
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
NZD 10,000 1 - 2 days NZD 0.00 0.651 USD
6,514
Go to site Show details

Compare up to 4 providers


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.

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site