International money transfer news and advice

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

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.

Save big sending money overseas at christmas

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

International money transfers (IMTs) – also known as remittances – are pretty common around Christmas and New Year. But these transactions can attract costly fees and exchange rates, making it expensive to send cash to family and friends over the holiday season.

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). 

InstaReM: “one of the most cost effective” ways to send money overseas

InstaReM: “one of the most cost effective” ways to send money overseas

If you’ve ever sent a hefty amount of money overseas via one of the big four banks, then chances are you’ve also been hit with hefty fees. But if you look beyond the big four, it is possible to get a better deal with specialist international money transfer services.