How to send money to Macedonia from Australia

Nilooka Dissanayake avatar
Written by   |  
David Boyd avatar
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Updated 22 Nov 2022
Send Money AUD to MKD Macedonia

Are you looking for the best way to send money from Australia to a family member, friend, or business in Macedonia?

Recipients will get more denars for the same amount of dollars if you send money to Macedonia from Australia with an online international money transfer service because of more competitive exchange rates and lower transfer fees.

Need to transfer money to Macedonia from Australia?

Best ways to send money to Macedonia

Remitly

On website

Remitly

Highlights

  • Enjoy great exchange rates and low fees.
  • Every transfer carries a delivery promise. Have your money delivered on time or get your money back.
  • Safety and security. Remitly uses industry-standard security protocols and encryption.

Pros

  • Low transaction fees.
  • Plenty of delivery options.
  • Wide global network, covering 50+ currencies and countries.
  • Highly rated customer support.

Cons

  • Fees apply when you fund your account using a credit card.
  • Transfer limits apply.
Xe Money Transfer

On website

Highlights

  • Send money to 220+ countries and territories.
  • Xe rates are consistently some of the best in the business and trusted by millions.
  • With millions of transfers under its belt last year, Xe knows how to ensure your money and information are treated accordingly.

Pros

  • No transfer fee.
  • No minimum transfer amount is required.
  • No transfer limit.
  • Good customer support.

Cons

  • Limited currencies.
  • Bank transfers only.

Compare more money transfer services before you send money to Macedonia.

First time sending?

How to send money to Macedonia from Australia

Money transfer services are a quick, easy, and inexpensive way to send money to Macedonia from Australia. This step-by-step guide explains how they work for first-time users.

  1. Choose a money transfer service. On this page, you can find reputable money transfer services that can transfer money to Macedonia.
  2. Set up an account. Usually only takes a few minutes online. Requires some personal details and proof of ID.
  3. Configure the transfer. You will be asked for details about the recipient, how much money you want to send, and how you would like the funds delivered. Some money transfer services offer multiple delivery options. Choose the option that is most convenient for you and the recipient.
  4. Choose how to pay for the transfer. This can be done through a bank transfer or credit/debit card.
  5. Send the money. Most services let senders and recipients track transfers using a tracking link or reference number.

What are the fees and charges?

Costs for sending money to Macedonia from Australia

  • Service fee. The amount of money a money transfer service charges to send will vary depending on the amount of money being sent, how it is being delivered, and how the transaction is being funded.
  • Collection fee. Charged if you want the recipient to pick up cash.
  • Delivery fee. Charged if you want to have cash delivered to the recipient’s address.
  • Cash advance fee. Charged by the credit card issuer when funding a money transfer with a credit card. Interest will be applied separately.
  • Exchange rate. When you send large amounts of money abroad, the exchange rate can significantly impact how much your recipient will get.

Looking for other options?

Alternative ways to send money to Macedonia from Australia

If you prefer not to use an online money transfer service, here are other ways to send money to Macedonia.

  • Bank transfer. Convenient since no new account needs to be opened, and can be reassuring to deal with. However, banks are typically more expensive and generally slower than an international money transfer service.
  • Crypto. A cheap and fast option, but can require some setup. Sending a stablecoin means the recipient is not exposed to fluctuations in price like they would if receiving Bitcoin or another token.
  • Money orders. One of the oldest ways to send money but one of the slowest alternatives.
  • Money transfer agents. A fast way to send cash, but exchange rates can be uncompetitive.
  • Prepaid cards. Limits on how much the card can hold and withdrawal limits make prepaid cards impractical for large amounts.

Still not sure?

FAQs

How long does it take for money sent from Australia to arrive in Macedonia?

The time frame will depend on the method used to send the money. For example, a bank transfer can take a few days, while money sent with a money transfer service can arrive within minutes.

Can I send money to Macedonia if the recipient has no bank account?

Yes. You can still send money through a transfer service if the recipient has no bank account. The sender can configure the money transfer so the recipient can collect cash from a specific location, or a courier can deliver the cash. Alternatively, you could use a money order, send crypto, or even send a prepaid card.

Is it safe to send money to Macedonia from Australia?

Yes, sending money to Macedonia from Australia is safe when you use a reputable company. We only list established money transfer services on Finty.

Can I send a money order to Macedonia from Australia?

Yes, purchasing a money order in Australia and sending it to Macedonia via postal mail or tracked courier is possible. The recipient can then cash the money order at a bank, credit union, local post office, etc.

Can I use my credit card to send money to Macedonia from Australia?

Yes. You can fund a money transfer to Macedonia with a credit card. However, your credit card issuer may charge a cash advance fee since the transaction will most likely be classified as a cash equivalent. Additionally, the transaction will immediately incur interest at the cash advance rate.

Can I send cryptocurrency to Macedonia from Australia?

Yes, cryptocurrencies such as Bitcoin and Ethereum can be sent to Macedonia from Australia. The recipient can then choose whether to sell the crypto for cash or use it to transact in stores and with people who accept it.

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business