International Money Transfers Awards 2021

Congratulations to the 2021 winners of the Mozo Experts Choice Awards for International Money Transfers. Our Expert Judges compared 28 international money transfer (IMT) platforms to help consumers find the best value providers that work to keep more cash in your pocket when transferring money overseas. If you regularly transfer money to family and friends overseas or make significant purchases internationally, begin your search to find the best value platforms right here with our IMT winners list for 2021.

Mozo Experts Choice Awards 2021 Badge

What are the Mozo Experts Choice Awards?

Now in their eighth year, the Mozo Experts Choice Awards provide an opportunity for us to highlight the products out in the market we believe offer great value to Australians.

For the 2021 IMT awards, we analysed 28 international money transfer providers.

“The fees involved for transferring money overseas can vary significantly between banks and providers. So, no matter the amount of money you’re looking to transfer, it’s important to know you are getting the best deal out there,”  Mozo Awards Judge Peter Marshall said.  “The winners in this year’s International Money Transfer Awards are the perfect place to start your search for a service that suits your transferring needs.”

For details on how we crunched the numbers and determined our winners see our 2021 Mozo Experts Choice Awards IMT methodology report.

 

International Money Transfer

Finding a great value international money transfer provider is important – you don’t want to waste  your hard-earned cash on pesky fees.  Our Experts found these international money transfer services offered  the most competitive rates and fees by assessing various transfer amounts across multiple currencies over a series of dates.

CurrencyFair logo

CurrencyFair

International Money Transfer

InstaReM logo

InstaReM

International Money Transfer

Wise logo

Wise

International Money Transfer

International Money Transfer - Bank

For those who prefer the reputation of an established banking institution for their international money transfers, our Experts found this banking provider offered the best value international money transfer service. A big congrats to…

Citi logo

Citi

Frequently Asked Questions

What’s the Judging Criteria for the awards?

Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value and benefits to Australian consumers.

See our methodology report for more detailed information on how we performed our analysis and determined the final winners for the IMT awards for 2021.

Did you compare all International Money Transfer providers in the market for these awards?

We​ ​aim​ ​to​ ​include​ ​most​ international money transfer ​providers​ ​in​ ​the​ ​market​ ​in​ ​the​ ​Mozo Experts​ ​Choice​ ​Awards.​ ​However,​ ​not all​ IMT services ​in​ ​the market​ ​will​ ​be​ ​included​ ​in​ ​our​ ​review. Any​ IMT product​ ​we​ ​review​ ​must​ ​be​ ​available​​ ​at the​ ​time​ ​of​ ​our​ ​analysis​ ​and​ ​any​ ​offers​ ​included​ ​must​ ​be​ ​available​ ​to​ ​the general​ ​public​ ​on​ ​the​ ​provider’s​ ​website.

For the 2021 Awards, 28 providers of international money transfer services in Australia including banks and foreign exchange specialists were assessed and compared. The full list of providers can be found in our 2021 Mozo Experts Choice IMT Awards methodology report.

Who are the Mozo experts?

The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director and is a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the finance industry even longer, and as Research Manager leads the team of analysts that compare products for Mozo every day and perform the analysis behind the Mozo Experts Choice Awards.

I work for an IMT platform, how do we promote our win?

Please get in touch with our account management team to discuss promotion options.