International money transfer news and advice

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

Save big sending money overseas at christmas

Sending money overseas this Christmas? Here’s how to save big in 2025

For many Australians, sending money overseas at Christmas is as much a tradition as putting up the tree. But while international money transfers have become cheaper over the past decade, the latest figures from the World Bank and the Australian Competition & Consumer Commission’s (ACCC) latest transparency push confirm that choosing the right provider still makes a big difference to how far your money goes this festive season.

Bank of mum and dad send students money overseas

The 'Bank of Mum and Dad' goes global: how to send money to children studying overseas

September marks the start of a new academic year in the northern hemisphere, with thousands of Australian students embarking on a life-changing journey to study abroad. This transition, however, is not just a personal milestone for the students; it's also a financial one for their parents, as the "Bank of Mum and Dad" expands its reach to a global scale.

Bank-beating international money transfers

Bank-beating international 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.

Sending money overseas how to do it cheaper in 2025

Sending money overseas? How to do it cheaper in 2025

Whether you're supporting family abroad, paying for international purchases, or managing offshore investments, knowing the latest money-saving strategies for international money transfers can help you keep more dollars in your pocket.

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.

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.

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.

Aussies could save millions on imt

Aussies could save millions on international money transfers

Despite advances in how we send money overseas, there’s still a whopping $200 million in potential savings going untapped, according to the latest report from the Australian Competition and Consumer Commission (ACCC).