Money transfer apps are the quickest and cheapest way to send money abroad, with better exchange rates and less admin fees than banks.
In this guide, Good Money Guide compares and reviews the best money transfer apps in Australia. We’ve looked at pricing, fees, speed, transaction size, and how many currencies and countries they offer.
You can then choose the best money transfer app that suits your needs for sending money abroad.
Compare The Best Australian Money Transfer Apps
| Money Transfer App | Currencies Available | Min Transfer | Max Transfer | Bank Transfer | Credit Card | Debit Card | Cash Accepted | Customer Reviews | More Info |
|---|---|---|---|---|---|---|---|---|---|
 | 50 | £1 | £1m | ✔️ | ✔️ | ✔️ | ❌ | (Based on 217 reviews)
| See Rates |
 | 130 | £1 | £50k | ✔️ | ✔️ | ✔️ | ✔️ | (Based on 122 reviews)
| See Rates |
 | 75 | £1 | £5k | ✔️ | ✔️ | ✔️ | ❌ | (Based on 24,614 reviews)
| See Rates |
 | 98 | £1 | £500k | ✔️ | ✔️ | ✔️ | ❌ | (Based on 117 reviews)
| See Rates |
Our picks of the best money transfer apps in Australia
❓ The Good Money Guide review team brings you the best money transfer apps based on:
- Our 20 years in the foreign exchange industry
- Over 7,000 customer votes in the exclusive Good Money Guide awards
- Interviews with the currency broker CEOs and senior management
- Hands-on, thorough analysis and testing of the money transfer apps and pricing
#1 Wise: A Truly Disruptive Money Transfer App
- Currencies: 50+
- Minimum transfer: 1 AUD
- Maximum transfer: 1m AUD
- Deposit methods: Bank transfer, credit/debit card
Wise Expert Review: Best Money Transfer App 2025
Name: Wise
Description: Wise is a low cost international money transfer app that helps people send money abroad for much less than it would cost to do it through their banks. Wise was launched as Transferwise in 2010 as a peer to peer currency network, but has since grown to provide money transfers to over 15 million customers sending more than £9 billion a month.
Are Wise a good money transfer app?
Yes, Wise is one of the cheapest and easiest ways to send money abroad. Highly recommended. Wise aslo won “Best Money Transfer App” in the 2025 Good Money Guide Awards.
But in a nutshell… Should you use Wise? Yes. Are they cheap? Yes. Is it easy to use? Yes. Are they safe? Yes.
Since Wise was founded way back in 2011 I’ve followed their progress. There are many firms that shout loudly about wanting to disrupt an industry. But most of the time, it is marketing hyperbole.
However, in Wise’s case they have actually disrupted how we send money around the world. They’ve done this by doing two things, making it cheap and making it easy.
The only reason not to use them really, is if you already bank with Starling whose fees are pretty similar and don’t want another app on your phone…
Pros
- Cheap
- Easy
- Fast
Cons
- Phone support hard to find
- Only suitable for smaller transfers
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Pricing
(5)
-
Currencies
(4.5)
-
Online Platform
(4.5)
-
Customer Service
(4)
-
Research & Analysis
(3)
Overall
4.2What next?
#2 Western Union: Best App For Small Money Transfers & Cash
- Currencies: 130+
- Minimum transfer: 1 AUD
- Maximum transfer: 50k AUD
- Deposit methods: Bank transfer, credit/debit card, cash
Western Union Review
Summary
Western Union has made a real effort recently to modernise it’s app and reduce exchange rates and fees to compete with new start-ups. Still, one of the best ways to send cash abroad and now very competitive for smaller electronic transfers.
Pros
- Better exchange rates
- Cash drop-off and pick-up
- Good app and website transfers
Cons
- Still not as cheap as some
-
Exchange Rates
(4.5)
-
Available Currencies
(5)
-
Online Platform
(5)
-
Customer Service
(3)
-
Research & Analysis
(3)
Overall
4.1What next?
#3 Remitly: No Fees On Your First Money Transfer
- Currencies: 75+
- Minimum transfer: 1 AUD
- Maximum transfer: 5k AUD
- Deposit methods: Bank transfer, credit/debit card
Remitly Review
Summary
Remitly is a cheap and easy way to send small amounts of money abroad. Especially if you are a new customer, as you get better exchange rates on your first £1,000 sent abroad.
Pros
- Cheap
- Easy
- Safe
Cons
- Limited FX analysis
- Limited educational articles
- Online only
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Pricing
(4.5)
-
Market Access
(3.5)
-
Online Platform
(4.5)
-
Customer Service
(4.5)
-
Research & Analysis
(2)
Overall
3.8What next?
