International money transfer news and advice

All the latest international money transfer news and top tips from Mozo's money experts

Sending money overseas with Australia's big four banks

Sending money overseas with Australia's big four banks

Sending money internationally has become increasingly important in our connected world, whether you're supporting family overseas or running an international business. Australia's big four banks all offer International Money Transfer (IMT) services, but their features and fees vary significantly.

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Bank-beating overseas money transfers

Bank-beating overseas money transfers

When it comes to sending money overseas, many people may default to using their bank. It's familiar, it's easy, and you probably already have an account set up.

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How to send money overseas without raising red flags

How to send money overseas without raising red flags

Australia’s anti-money laundering laws can be quite strict, with plenty of scrutiny around international money transfers (IMTs). Whether you’re sending a personal payment or managing business transactions, ensuring your transfer doesn’t trigger a suspicious activity alert is crucial. Here's how to send money overseas smoothly while staying within the law.

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Tax on money transfers to Australia: what you need to know

Tax on money transfers to Australia: what you need to know

While international money transfers (IMTs) to Australia aren't directly taxed, the Australian Taxation Office (ATO) and the Australian Transaction Reports and Analysis Centre (AUSTRAC) keep a close eye on these transactions to ensure any undeclared income is reported.

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Ways to send money overseas for Christmas that could help you save

Ways to send money overseas for Christmas that could help you save

With the holiday season on the horizon, many Australians are eagerly making plans to send money to their loved ones abroad for Christmas. However, the cost of international money transfers can quickly add up, eating into the intended gift budget. That's why finding the cheapest ways to send money overseas has become a top priority for many.

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