The Best 5 International Money Transfer Apps in Australia in 2023
Jarrod Suda
Guide
A writer and editor at Monito, Jarrod is passionate about helping people apply today’s powerful finance technologies to their lives. He brings his background in international affairs and his experiences living in Japan to provide readers with comprehensive information that also acknowledges the local context.
Links on this page, including products and brands featured on ‘Sponsored’ content, may earn us an affiliate commission. This does not affect the opinions and recommendations of our editors.
Read moreIf you are in Australia and looking to send money internationally, traditional bank wires can be costly and slow. However, online money transfer apps have disrupted the industry to offer cheap transfers and remittances around the world straight from the convenience of your desktop or smartphone.
In this article, we list the top international money apps to send money to or from Australia. Based on data from Monito's comparison engine from April 2022 to April 2023, these apps include Remitly, SingX, CurrencyFair, and more. They offer low fees, competitive exchange rates, and fast transfer times, making it easy and convenient for you to send money internationally with confidence in 2023.
Here are the best apps to send money in Australia:
Remitly: Remitly is usually the overall cheapest option to send money in Australia. It's an excellent app if you need to send to the Philippines or to Nepal.
SingX: SingX is a close second for transfers from Australia. It's ideal if you are sending to the US ($), the UK (£), or India (₹).
CurrencyFair: CurrencyFair offers the best rates to transfer money to Australia from major corridors like the United States and the Eurozone.
5 Best International Money Transfer Apps in Australia
- 01. Remitly — Best overall for sending money from Australia
- 02. SingX — Best for sending to Anglosphere
- 03. CurrencyFair — Best overall for sending money to Australia
- 04. Wise — Runner-up for sending money to Australia
- 05. Instarem — Best for sending from India to Australia
- 06. Our top recommendations
1 — Remitly
Remitly is a prominent leader in the industry, providing competitive exchange rates for worldwide international money transfers. Remitly is a trusted option for customers looking for a secure, fast, and cheap money transfer experience, with an outstanding Monito score to back it up.
Based on Monito's data collected within the last year, Remitly was the top-performing app for sending money from Australia. It was also deemed the most cost-efficient option for 40.3% of all searches conducted through Monito's comparison engine. It was also the best option for 55.1% of searches for sending cash pick ups to overseas.
More info: read our in-depth Remitly review.
Remitly is the best choice for those sending transfers from Australia to the following countries:
- to the Philippines;
- to Nepal;
- to Pakistan;
- to India;
- to Ghana.
2 — SingX
SingX has risen to become a well-established money transfer company with good feedback from its customers and good service quality. It is a true specialist in bank-to-bank transfers, often offering the best fees and exchange rates on Monito where it's available.
According to Monito's data in the past 12 months, SingX was the 2nd best overall app to send money from Australia, being the cheapest app for 28.2% of all searches done on our comparison engine.
More info: read our in-depth SingX review.
SingX is competitive for Australian transfers sent to:
- to the United States;
- to the United Kingdom;
- to India;
- to Canada;
- to the Eurozone.
3 — CurrencyFair
CurrencyFair's web and mobile app interface is user-friendly and easy to navigate. Their platform offers flexible options for transfer speed and cost, allowing users to choose the option that best suits their needs. Currencyfair also has exceptional customer satisfaction rankings, making it a popular choice among customers.
Based on Monito's data in the past 12 months, Currencyfair was ranked as the number one app overall to send money to Australia from abroad. Currencyfair was the cheapest option for 18.4% of searches done on Monito's comparison engine for transfers to Australia.
More info: read our in-depth CurrencyFair review.
CurrencyFair is excellent when sending money to Australia from the following:
- from the United States;
- from South Africa;
- from the Eurozone;
- from the United Arab Emirates.
4 — Wise
Wise is a world-class option for money transfers overseas, especially for small- to medium-sized transfers. Wise is often a competitive choice when sending money to Australia, but is not usually the top option if sending from Australia.
Based on Monito's data from the past 12 months, Wise was the second best app for sending money to the country, being the cheapest for 17.9% of searches with our comparison engine. It was the third-best overall app for sending money from Australia, as it was the cheapest option for 5.4% of all searches.
More info: read our in-depth Wise review.
5 — Instarem
Instarem is recognized for its user-friendly platform. It's easy to navigate, and once your account is set up, you can quickly send money to your intended recipient. Additionally, Instarem offers fast transfers, allowing your money to reach its destination within a day.
Based on Monito's data over the past 12 months, Instarem was ranked as the 3rd best app for sending money to Australia, with the cheapest transfers on 15.9% of Monito searches. However, it was only the 7th best app overall for sending money from Australia, with the best rate for only 2.2% of searches.
More info: read our in-depth Instarem review.
Instarem is the best for transfers sent to Australia from:
- to India;
- to Canada.
Compare app fees and rates before sending money in Australia:
Our Top App Picks in Australia for 2023
Unlike banks, the money transfer apps we covered in this guide charge low fixed fees and competitive exchange rate margins, ensuring that you get more value for your money. Additionally, we've reviewed these providers for transparency, service quality, fees, and customer satisfaction, so you can be confident in your choice.
Sending Money From Australia
Here's a snapshot of the list we've reviewed in this guide (plus runner ups), which we've assembled thanks to real time data from Monito's comparison engine. Sending money from Australia is low-cost and stress-free thanks to these top-ranked money transfer apps:
Sending Money To Australia
Below are the best apps to use in 2023 to send money to Australia. We've gathered data from April 2022 to April 2023 to give you the most accurate results:
Best Apps By Destination Country
Here are the best apps in Australia to send money in 2023 by the countries that get the most remittances from Australia:
Compare the best apps in Australia to send money:
Our Other Guides About Money Transfers and the Best Apps For Australians to Send Money
Why Trust Monito?
You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.
Monito is trusted by 15+ million users across the globe.
Monito's experts spend hours researching and testing services so that you don't have to.
Our recommendations are always unbiased and independent.