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

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

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
24 hours

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OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Dunbridge Financial
Dunbridge Financial
24 hours

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Dunbridge Financial offers competitive exchange rates and zero fees on transfers to more than 120 countries.
24 hours
SPECIAL OFFER ✓ Minimum transfer of $1,000 for Finder readers (normally £5,000)

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Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Within minutes

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XE has fast transfers with low fees and a range of foreign currency tools.
Within an hour
From $1.99

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New customers send USD 20 to Lebanon and use code ADD10 for a USD 10 discount. Valid till 7 November 2021. T&Cs apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Wise (TransferWise)
Within an hour
From $2.26

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Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Within an hour

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Exclusive: Use code GET60 to save 30 USD on each transaction over 200 USD. Valid for the first two transactions and till 30 November 2021. T&Cs apply.
Instarem offers zero transfer fees on all transfers.
Within minutes
From $0
SPECIAL OFFER ✓ Free transfers and better exchange rates available for new customers

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Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Western Union
Within an hour
From $0

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Western Union sends money online to friends and family in 200+ countries around the world.
Within an hour
From $0

View details
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.

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.

Send money internationally with Wise

Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.

  • Fair service fees and mid-market rates – a major market differentiator
  • Next-day delivery for most currencies
  • Easy-to-use app

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

$0 fees with OFX

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

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

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

“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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