The Swift code helps identify each bank in Australia and the code is unique to the bank. Safety is very important and all of the online companies above take their legal responsibilities very seriously. Remittance service providers have been around for a while and earned a decent reputation for reliability. OFX has no maximum transfer limit in most cases, and https://blackcoin.co/best-online-casinos-australia-2025-a-comprehensive-guide Wise has high transfer limits which vary a  little by currency. This fee is hard to spot - but it means the recipient gets less in the end compared to with Wise. Sometimes limits vary based on account use or how you want to pay.
Planning a large money transfer with St. George Bank in Australia? Make sure you understand the fees applied for the transfer you want to make, so there are no nasty surprises, and you don’t pay more than you have to for your transfer. Western Union is another option, especially if your recipient wants to collect the money in person rather than having it delivered into their bank account. The charges increase if you’re paying in a foreign currency, including an additional charge of up to $4.99, and an exchange rate markup of 3.5-4%. One alternative to using your bank to send money to friends and family is to use PayPal. Here’s an outline of the type of fees you’ll find, from the big 4 Australian banks.