Enjoy fee-free transfers to 177 countries around the world when you send more than $5,000 overseas with Travelex
In addition, if you transfer an amount larger than $5,000 you will not have to pay any transfer fee, which, combined with Travelex’s competitive exchange rates, helps make international money transfers more affordable. And if you register now, your first transfer is free.
|Product Name||Travelex International Money Transfers|
|Min. Transfer Amount||USD 500|
|Max. Transfer Amount||USD 3,000|
|Transfer Options||Regular payments, One off payments, Market orders, Forward contracts|
Minimum transfer time
|Banking Partner||Travelex (USA)|
|Customer Service||Phone, Email, Branch|
|Available Currencies||AED, ANG, ARS, AUD, AWG, BBD, BGN, BHD, BMD, BND, BRL, BZD, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, DOP, EUR, FJD, GBP, GTQ, HKD, HRK, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KRW, KWD, KYD, LKR, MAD, MXN, MYR, NIO, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, QAR, RUB, SAR, SBD, SCR, SEK, SGD, THB, TND, TOP, TRY, TTD, TWD, USD, UYU, VND, VUV, WST, XCD, XPF, ZAR|
|Online Transfer Fee||USD 9.99|
|Exchange Rate Updates||Real time|
- Home delivery available
- Wide range of currencies available
- Trusted brand
- May not have the most competitive exchange rates
Fees and exchange rates
As a specialist provider of a wide range of foreign currency services, Travelex is typically able to offer better exchange rates than those you’d find at most banks. Whenever you want to send money overseas, you’ll receive a display of the relevant live exchange rate, allowing you to calculate the amount of money that will arrive in your recipient’s bank account in their local currency.
Travelex features a very simple fee structure. If you’re sending an amount less than $5,000, a flat fee of $5 will apply to your transaction. For transfers $5,000 or greater, the transfer fee is waived altogether. In other words, you can send larger amounts of money overseas without incurring any transaction fees.
Minimum transfer amount and available countries
In order to send money overseas using the Travelex International Payments service, you’ll need to transfer an amount of at least $500. You can send your funds in more than 45 currencies to 177 countries; however, there are certain destinations to which Travelex will not transfer funds.
These blocked countries include:
See how other services compare to Travelex
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
- Regular overseas payments
- Risk management
- If the provider quotes a different rate to the one above please let us know
What types of transfers can I make with Travelex?
Travelex allows you to transfer funds into your International Payments account via electronic funds transfer. You can then transfer money into bank accounts all around the world. The following options are available for sending your funds:
- One-off transfers
- Forward contracts
- Limit orders
- Regular scheduled transfers
Additionally, Travelex is backed up by 24/7 customer service, with phone and email support available if you need help to complete a transaction.
How safe is Travelex?
The registration and transfer process
You’ll need to sign up for a Travelex account before you can transfer any funds. Registration can be completed online, which involves a simple process of providing your name, email address, country of residence and money transfer requirements.
Once you’ve registered you can transfer funds into your Travelex account via electronic funds transfer, and then you can start sending money overseas. You’ll need to provide details about how much money you wish to send, where you’re sending it and who you’re sending it to (including your recipient’s full name and bank account details).
Before you send any money you will get a chance to review the exchange rate and fee that applies to your transaction. If you’re happy with the cost involved, you can send your funds to most locations around the world.
How to transfer money with Travelex
Pros and cons of using Travelex
- Worldwide access. With the ability to send funds to 177 countries, Travelex can take care of the international money transfer needs of a wide variety of customers.
- Multiple currencies. Travelex supports international money transfers in more than 45 currencies.
- Fee-free transfers. Send more than $5,000 in one transaction and you won’t have to pay any fees. Even if you send less than $5,000, a flat fee of just $5 is still a manageable expense.
- No cash. Travelex does not allow you to pay for your transaction in cash, and your recipient is not able to collect the cash you send from a Travelex agent in person.
Frequently asked questions about Travelex
What is the minimum amount I can send?
The smallest amount you can send using the Travelex International Payments service is $500.
Are checks an acceptable method of payment?
No. Travelex International Payments does not allow you to pay for your transfer with a check.
What can I do if I need help with a transaction?
Travelex service is backed up by 24/7 customer support, so you can get in touch with Travelex by phone or email whenever you need assistance.
How do I know what the exchange rate will be for my transfer?
When you enter the details of your international money transfer, you’ll be able to review the exchange rate and any fee that applies to your transaction. If you’re not happy with the rate, you don’t have to go through with the transfer.
Can I lock in an exchange rate ahead of time?
Yes. Travelex allows you to take advantage of favorable market conditions by taking out a forward contract when a suitable exchange rate is available.
Can my recipient pick up the cash from an agent location?
No. The funds will be sent to your recipient’s bank account.