International Money Transfer Awards 2019

Congratulations to the winner’s of Mozo Experts Choice Awards for International Money Transfers 2019. Whether you’re sending money internationally frequently to family or friends, or making a large one-off purchase, saving money on your international transfer means more money in your pocket and the Mozo Experts Choice winners list is a great place to start your search.

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What are the Mozo Experts Choice Awards?

Now in their sixth year, the Mozo Experts Choice Awards provide a platform to highlight products in the marketplace we believe offer great value to Australians. Mozo’s money experts compared 26 providers licensed to operate in Australia for the 2019 International Money Transfer Awards.

By starting your search here at Mozo you can quickly compare your IMT options, whether it’s for a one-off transfer or a regular overseas payment and know that no matter which option you choose, each listed provider here has been vetted by our Experts for delivering top value.

For details on how we crunched the numbers and determined the award winners see our methodology report.

International Money Transfer

Costs for transferring money overseas can vary enormously. Whether you’re sending money to loved ones or completing a more business oriented transaction, it’s important to make sure you’re not paying more fees than you need to. Of the 26 services reviewed, these winners came out on top after assessing the rates and fees for both small and large transfers.

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International Money Transfer - Bank

Of the 12 banks included in our analysis, Citi came out as the best value bank for its combination of great rates and low fees.

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How many international money transfer providers were compared for the Mozo Experts Choice Awards?

In total we compared 26 providers of international money transfer services that are licensed in Australia. Of these 26, 12 providers are banks, including the big four, and the remaining are specialist foreign currency providers that operate in Australia.

Do the winners of Mozo Experts Choice Awards have the cheapest exchange rates for all currencies?

For the Experts Choice Awards we chose to compare the currencies that are the most commonly transferred by Mozo users. These include; USD, GBP, EUR.

If you are transferring funds in a currency different to these, we recommend that you use our International Money Transfer comparison tool to do your own comparison of all provider’s rates.

Another factor to consider is that the rate you will get could also depend on the amount of money that you plan on transferring. Our analysis looked at quotes for $5,000 and $60,000. If your amount is more or less than this, then your results might differ.

I’m new to overseas money transfers, where can I find additional information on how it works and the security of my money?

Here at Mozo, we’ve pulled together a whole resources section on international money transfers. This hub contains a range of guides, tips and case studies to help you become an expert on how they work and what you should look for when choosing an international money transfer provider.

Who are Mozo’s experts?

Mozo has been researching and comparing financial products since 2008, and thousands of Australians use our comparison services each month. Our research team is headed by our Data Services Director and our Product Data Manager who have over 60 years of financial services experience and 29 years in online financial comparison.

I work for a financial provider, how can I promote our win?

Congratulations! Please get in touch with us to discuss the many ways you can promote your Mozo Experts Choice win by emailing or phoning our advertising sales team on 02 9037 4368.