About us

Monito is a comparison website for international money transfer services.

We compare and review more than 350 money transfer operators, to help you find the best option for each of your international transaction.

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Save money by sending at the right time, with the right provider.

Australian Securities and Investments Commission (ASIC)

The Australian Securities and Investments Commission (ASIC) is an independent body that enforces corporation and consumer law. ASIC ensures that consumers are protected and treated properly when they purchase and use financial products and services.

They aim to reduce or eliminate bad financial practices, unfair treatment and fraud. ASIC is responsible for rules, regulations, monitoring and guidance in several areas including:

  • Corporate governance
  • Financial services
  • Securities and derivatives
  • Insurance
  • Consumer protection
  • Financial literacy

Currency exchange and money transfer providers that are based in Australia are regulated by ASIC.

ASIC is a financial regulatory authority.

    Australian Securities and Investments Commission (ASIC) — Related terms

    ASIC is related to the Financial Intelligence Unit (AUSTRAC).

    • Money Transfer Glossary

      When it comes to exchanging money, paying for your transfer, understanding exchange rates and more, it’s important to understand what all the details mean. But don't worry. We’ve got you covered with our complete Monito glossary and guide to the most frequent terms you’ll come across when you send or receive money internationally.

    Check out our guides