Money Transfer Basics

 International money transfers involve sending money from one country to another by setting up an account with a money transfer provider, providing recipient details, choosing the amount and currency, paying for the transfer, and receiving confirmation from the recipient. 

 SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a global financial messaging network that facilitates secure and reliable communication between banks and financial institutions for international money transfers.  

Most international payments are still completed via banks around the world. In the last 20 years private companies have begun to offer more competitive rates and fees often saving clients up to 8% of the total value transferred. 

International transfers are a risky business. That's why if you're using international payments services you must have these 10 things. 

These are the top 10 things to avoid when transferring money internationally. this could save you some serious embarrassment.

Our recommendations for international money transfers and why. Plus a comparison vs the banks in Australia. 

 IBAN (International Bank Account Number) is a standardized format for identifying bank accounts across national borders.  

Our checklist to make sure your money transfer goes off without a hitch.

How to understand the FX markets what effects this and how to know when to complete your transfer to get best value for money.