Airwallex alternatives
Compare the best Airwallex alternatives for Australians.
By Bill Ryan Natividad | Verified by David Boyd | Updated 21 Mar 2024
As seen on
Comparing Airwallex alternatives
On website
Minimum Transfer Amount
$1.00
Transfer Speed
1 - 2 days
Transfer Fee
$0.00
Highlights
- Access to a multi-currency digital wallet. Hold and transact in 50+ currencies.
- FX-optimised debit card attached to your Wise Borderless account to withdraw or pay for purchases in foreign currency within or outside Australia.
- Loads of options to fund your Wise account, including transfers from debit and credit cards, POLi, and bank transfer.
Pros
Cons
On website
Minimum Transfer Amount
$250.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- Better exchange rates than most banks, quicker transfer times, and fee-free transactions.
- Real-time payments available 24/7 in 37 different currencies.
- Dedicated account managers for business users.
Pros
Cons
On website
Minimum Transfer Amount
$10.00
Transfer Speed
Within an hour
Transfer Fee
$4.00
Highlights
- Most recipients receive funds within minutes of them being sent from Australia.
- Choice of delivery options, including cash delivery to the recipient's address and cash pickup.
- Competitive exchange rates and fees.
Pros
Cons
On website
Minimum Transfer Amount
$200.00
Transfer Speed
1 day
Transfer Fee
$0.00
Highlights
- Competitive exchange rates improve the more money you transfer.
- Get a personal account manager to help with every aspect of your transfer and monitor currency markets on your behalf.
- No hidden fees, although they add a margin on the transfer.
Pros
Cons
On website
Minimum Transfer Amount
$1.00
Transfer Speed
Within an hour
Transfer Fee
$0.00
Highlights
- No transaction fees for money transfers unless you have a Standard account and exceed the $9,000 monthly foreign exchange limit.
- Top-up and hold account balances in various currencies. Switch currencies with a competitive exchange rate.
- No monthly fees when you open a standard account and get extra features beyond money transfers.
Pros
Cons
On website
Minimum Transfer Amount
$0.00
Transfer Speed
Real-time
Transfer Fee
$0.00
Highlights
- Send 130+ currencies to 220+ countries and territories.
- Works well for large amounts of bank-to-bank transfers as well as personal and business transactions.
- Deposit funds to your Xe account with a bank transfer, credit card, or debit card.
Pros
Cons
On website
Minimum Transfer Amount
$250.00
Transfer Speed
1 - 2 days
Transfer Fee
$15.00
Highlights
- Easy-to-understand fee structure based on a flat fee for transfers under $10,000. Transfers over $10,000 are fee-free.
- Supports a wide range of currencies and countries with no maximum transfer amount for most currencies.
- Additional functinoality for businesses, making OFX a good option for online sellers, importers, and companies with overseas employees.
Pros
Cons
Minimum Transfer Amount
$1.00
Transfer Speed
Real-time
Transfer Fee
$0.00
Highlights
- Linking accounts is straightforward. Adding your bank account or credit card is simple and fast.
- Free transfers of Australian dollars within Australia, as long as you don't pay with a credit card.
- Due to its popularity, recipients may already have an account, making transfers faster.
Pros
Cons
Minimum Transfer Amount
$1.00
Transfer Speed
Within an hour
Transfer Fee
$1.00
Highlights
- Low transfer fees, mainly in the range of $1 to $4 per transaction.
- Plenty of payment options, including POLi, bank transfer, debit card, credit card, prepaid card, Apple Pay, and Google Pay.
- Choose from its wide range of delivery options, including cash pickups, bank transfers, and Airtime mobile phone top-up.
