OrbitRemit is a global foreign exchange service, dedicated to saving you time and money on your international money transfer. Entirely online, OrbitRemit can help you transfer cash from Australia to a number of destinations around the world, including India, South Africa and Malta.
OrbitRemit Foreign Exchange rates
Rates and fees verified as correct at 26 October, 2020. Other information correct at the time of writing. Advertiser disclosure.
As an online service without the overheads of brick and mortar banks, OrbitRemit is free to offer competitive rates, while using cutting edge security to keep your transfer safe at every stage. You can check out today’s exchange rates from OrbitRemit and use our tool below to find out how much your recipient will receive by plugging in your desired transfer amount.
Must knows about transferring money with OrbitRemit
If you’re tossing up about whether this is the right IMT service for you, here are three key things you need to know about OrbitRemit that might help you decide:
Flat fees - Transfers made from Australia will incur a $4 flat fee, except when sending funds to India, in which case the fee is just $2.
Maximum transfer limits - While OrbitRemit doesn’t have any transfer limits, you should keep in mind that some currencies will have a cap on how much your recipient can receive at once.
Quick turnaround time - OrbitRemit are able transfer your funds quickly and send them to where you want usually within the next business day.
OrbitRemit Products and Services
Whether it’s for family, friends or business, everyone’s got a different reason to send money overseas. That’s why OrbitRemit have different products and services available to cater to your transfer needs, some of which include:
Free work and income payment transfers - To ease the burden of multiple transactions, OrbitRemit allow you to make recurring, free transfers to the New Zealand Ministry of Social Development for your welfare work and income payments.
Free tax payment transfers - Whether you need to make repayments on your student loan or child support, OrbitRemit won’t charge you a fee and promises same day settlement.
Money tracker - With OrbitRemit, you’ll be able to keep an eye on your cash, knowing exactly where it is every step of the way.
Customer service - You shouldn’t have any trouble getting help for any issues or questions, thanks to the 24 hour chat and phone line.
Recurring transfers -If you need to make multiple transfers, OrbitRemit allows you to schedule transfers at a time that suits you best.
Why use OrbitRemit for IMT?
Back in the day, it might have been standard to go with your bank when making foreign transfers. But now, you’re often spoilt for choice when it comes to online IMT agencies, so here are a few reasons you might consider OrbitRemit for your next transfer:
Safe and secure online system
Available on both iOS and Android
Flat fee no matter how much you send
Competitive exchange rates guaranteed to beat the banks
OrbitRemit aims to make sending money overseas stress-free and simple, which is why it only takes three steps to make a transfer.
Create the transfer - You’ll first need to tell OrbitRemit the amount you want to transfer and who will be receiving the funds.
Pay your transfer - Next you’ll need to transfer the funds into the local OrbitRemit bank account. And since this is a domestic transfer, you won’t be charged a fee by your bank.
Recipient receives payment - Once the OrbitRemit account receives your transferred amount, they will then convert the currency and transfers the funds to your recipient.
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*The exchange rates offered by each provider are indicative exchange rates that have either been supplied by each provider or gathered by Mozo. Exchange rates fluctuate constantly and as a consequence the exchange rates listed here may vary to the actual exchange rate you are quoted by a provider. Please ensure you confirm the actual exchange rate with the relevant provider prior to conducting any transaction. These exchange rates are updated every hour.