A big round of applause to the 2023 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 when transferring money internationally.
If you transfer money to family and friends overseas regularly or make significant purchases internationally, start your search to find the best value platforms right here with our overseas money transfer winners list for 2023.
Transferring money internationally can incur a long list of fees and charges, so finding a great value international money transfer provider is imperative if you don’t want to waste your hard-earned money on poor exchange rates and fees. Mozo’s experts found these international money transfer services offered the most competitive rates and fees by assessing various transfer amounts across multiple currencies.
CurrencyFair, EbonFX, Revolut, and Wise
• Transfer abroad in 3-5 Days • Low rates
For Australians who prefer the reputation of an established banking institution for their international money transfers, our Experts found that HSBC offered the best value international money transfer service.
• Special offer for online customers • $8 Flat International Foreign Exchange Transfer Fee • $20 in branch Flat International Transfer Fee
Now in their tenth year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.
For the 2023 International Money Transfer awards, our Experts assessed 28 providers to unveil the winners.
“Whether it’s for a one-time transfer or you want to set up regular international payments, most Australians will want to find the most cost effective and efficient option available to them,” said Mozo Experts Choice Awards Judge Peter Marshall.
“In the 2023 awards we’ve crunched the numbers across providers and across various currencies and according to our research these are the overseas money transfer providers that offer the most cost-effective for Australians looking to transfer their cash internationally.”
For details on how we crunched the numbers and determined our winners, see the 2023 Mozo Experts Choice Awards for International Money Transfer methodology report.
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our 2023 Mozo Experts Choice Awards for International Money Transfer methodology report for detailed information on how we performed product comparisons and determined the final winners for 2023.
We aim to include most international money transfer providers in the market in the Mozo Experts Choice Awards. However, not all providers in the market will be included in our review. Any provider 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 2023 International Money Transfer Awards, Mozo assessed 28 IMT providers to determine the winners.
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Research Manager he leads the team of analysts that gather information and compare products every day, and perform all the calculations behind the Mozo Experts Choice Awards.
Please get in touch with us to discuss by email should you have any queries.