Best rates and low fees when transferring $5,000 overseas | finder.com
Transfer $5,000 overseas money transfers

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

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A solid exchange rate can save you a lot when transferring $5,000 overseas.

Helping out friends and family. Investing in a business enterprise. Supporting a child studying in Spain.

When you need to send $5,000 to family, friends or businesses in other countries, your priorities may differ — but you ultimately want the best deal. The key to unlocking that deal is a competitive exchange rate and low transfer fees.

What are my options?

You may be lured by the convenience of your local bank. But in nearly all cases, banks offer weaker exchange rates, higher fees and fewer options to send and receive when compared with a money transfer service.

Unlike banks, money transfer services like OFX specialize in one thing: transferring money to countries worldwide. This expertise allows them shave down your overall costs. When sending $5,000, even a few more cents on an exchange rate can add up to major savings.

Compare your international money transfer options

Use our comparison calculator to weigh the transfer fees, exchange rates and other details of specialist transfer companies to find the best value on your next $5,000 transfer.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 0 1 - 2 days USD 0.00 0.904 EUR 4,519 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 1 1 - 2 days USD 0.00 0.903 EUR
4,517
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1 Within an hour USD 0.00 0.904 EUR 4,518 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 1,000 1 day USD 0.00 0.902 EUR 4,512 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.902 EUR 4,511 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 5,000 1 day USD 0.00 0.903 EUR 4,515 Venstar will support you through the entire process of your international transactions, from start to finish. Go to site Show details
USD 50 1 - 2 days USD 0.00 0.903 EUR 4,515 Simple, zero-margin exchange rates, plus earn loyalty points on sign up, referral and every transaction. Go to site Show details

Compare up to 4 providers

Case study: Liz sends $5,000 to family in Australia

Liz has saved to surprise her parents with $5,000 toward needed improvements on her family’s Sydney home. Sick of her bank’s high fees and weak exchange rates, she looks at easier, cheaper ways to send money to Australia.

Money transfer serviceMajor US bank
Exchange rate1 USD = 1.32 AUD1 USD = 1.26 AUD
Transfer fee$0$22
Transfer speed1–2 business days3–5 business days
Transfer optionsOnline transferBank to bank, online
Total AUD received6,633.15 AUD6,300 AUD

Liz learned that by passing up her local bank for an online money transfer service, she could save more than $20 in transfer fees and send a whopping 333 more Australian dollars to her folks for a vanity upgrade.

TransferWise

Our pick: TransferWise

When you need to send money, benefit from competitive mid-market exchange rates and straightforward fees with TransferWise.

  • Fair service fees and mid-market rates — a major market differentiator.
  • Next-day delivery to your loved ones and businesses.
  • Trusted the world over, with five-star ratings on Trustpilot.

    Transfer $1,000
    Transfer $10,000
    Transfer $15,000
    Transfer $1 million or more

    $0 fees with OFX

    A partner of finder.com, OFX has no transfer fees for qualifying transfers. See if it meets your needs for your next transfer.

    OFX
    Minimum transfer$150
    Maximum transferNo limit
    Transfer fee$0
    Transfer speed2 days
    Transfer methodsOnline, phone, agent, bank-to-bank, money order

    Transfer $5,000 from the United States

    Shopping around for the best deal when you need to transfer $5,000 overseas could save you hundreds of dollars. Specialist money transfer providers are a secure and cost-effective option, offer stronger exchange rates and lower fees than US banks.

    Your reasons for sending $5,000 overseas could be to:

    You’ll meet most minimum transfer requirements when sending $5,000, which narrows your points to evaluate when comparing your options for an affordable deal.

    ProviderMinimum transfer amountMaximum transfer amount
    OFX$150No limit
    XE$50No limit
    WorldRemit$0No limit
    Travelex International Payments$500No limit
    TorFX$200No limit
    Currency Online$0No limit
    Western Union$1$50,000
    TransferWise$1$36,000

    “Go to site” for the best deals among our partners

    When sending $5,000 or any amount to another country, you’ll want to find the best service for your situation. To take advantage of any deal in our comparison table above, click “Go to site” to begin your transfer with that trusted partner.

    Each of our transfer partners offers safe, secure and affordable overseas money transfers, allowing you to send quick and cost-effective transfers anywhere in the world.

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