A big round of applause to the 2024 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 on the regular or make significant purchases internationally, start your search to find the best value platforms right here with our overseas money transfer winners list for 2024.
Standout Winners
International Money Transfer
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.
Congratulations to:
Revolut and Wise
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International Money Transfer
- Transfer Speed
- 1-3 days
- Transfer Online Fee
- $
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International Money Transfer
- Transfer Speed
- Immediate
- Transfer Online Fee
- $
International Money Transfer - Bank
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.
Congratulations to:
HSBC
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- Special offer for online customers
- $0 HSBC transfer fee when you send money in over 50 currencies (Correspondent Bank Fees may apply)
- $20 in branch Flat International Transfer Fee
What are the Mozo Experts Choice Awards?
Now in their eleventh year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.
For the 2024 International Money Transfer awards, our Experts assessed 28 providers to unveil the winners.
“Whether it’s for a single transfer or you want to set up regular international payments, most Australians will want to find the most cost effective and efficient option around,” said Mozo Experts Choice Awards Judge Peter Marshall.
“In the 2024 awards we’ve crunched the numbers across numerous providers and across various currencies and found 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 2024 Mozo Experts Choice Awards for International Money Transfer methodology report.
Our Expert Judges
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.
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AJ Duncanson
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Peter Marshall
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Meredith Allan
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George Hirst
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Rumpa Saha
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Afia Asha
FAQs
What’s the Judging Criteria for the Mozo Experts Choice Awards?
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our 2024 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 2024.
Did you compare all 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 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 2024 International Money Transfer Awards, Mozo assessed 28 IMT providers to determine the winners.
Who are the Mozo Experts?
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 Mozo's Financial Services Specialist he contributes to the team of analysts that gather information and compare products every day, and oversees the calculations and data quality used for producing the Mozo Experts Choice Awards.
I work for a provider, how do we promote our win?
Please get in touch with us to discuss by email should you have any queries.