2025 International Money Transfer Award
Canstar's 2025 International Money Transfers Award
Canstar releases its
2025 International Money Transfers Star Ratings and Award.
Released: 13 November, 2025
About the International Money Transfers Award
Canstar’s International Money Transfers Award recognises the providers that deliver outstanding value and the top performing services that are available in Australia.
You can learn more about our Award process in our methodology.
Numbers crunched by Canstar Researchers
- 22 providers assessed
- 3 award winners
Read our methodology →
View all Star Ratings and Awards →
Learn more about International Money Transfers →
Congratulations to the Award winners
(Winners are listed alphabetically)
TorFX
Outstanding Value Award— International Money Transfers
TorFX has maintained its Outstanding Value award for the eighth consecutive year. With no direct transfer fees and consistently competitive FX margins across the assessed currency conversions, TorFX continues to offer consumers a low-cost option for transferring Australian dollars abroad.
Wise
Outstanding Value Award— International Money Transfers
Wise has once again earned an Outstanding Value Award for international money transfers. Offering the lowest foreign exchange (FX) margins in the market for transfers from AUD to USD, EUR, GBP, NZD, and SGD, alongside a competitively low transfer fee, Wise remains one of the strongest providers available.
XE
Outstanding Value Award— International Money Transfers
XE has retained its Outstanding Value International Money Transfers Award for 2025, continuing to charge no fees on international transfers via bank transfer from AUD to the currencies assessed. The FX margin that XE applies on top of the mid-market rate remains among the most competitive in the market.
Does Canstar rate other products?
Insurance
Accounts and Transfers
About Canstar
Canstar also has insights and information about financial products and services generally. You can find out about topics such as: interest rates, buy now pay later (BNPL), business products and tax. You may also be interested in discovering more about calculators and resources, such as our rate checker and free credit score tool, to help you with your financial decision-making.
FAQs
About: Josh Sale, Group Manager, Research & Ratings
Bachelor of Commerce, Economics/Finance dual major, Griffith University. Master of Data Science, Strategy and Leadership, RMIT (ongoing studies)
Joshua Sale is responsible for developing the methodology and delivering Canstar’s flagship Star Ratings, as part of Canstar’s Research team. With tertiary qualifications in economics and finance, he enjoys helping Australians find more suitable financial products by transforming complex calculations into a consumer-friendly Star Rating that explains the values and benefits of different financial products.
As one of Canstar’s company spokespeople, Joshua has participated in print, radio and broadcast interviews with the likes of the Australian Financial Review, news.com.au and Money magazine, along with other leading media outlets, discussing topics such as home loan equity, banking incentive schemes, digital wallets and wider finance trends.
Joshua is known for his ability to simplify complex products and technical information, crunching the data into meaningful insights for consumers about finance. He has analysed several consumer markets across banking, insurance and wealth, and is keenly interested in various topics, ranging from how Australians interact with their superannuation funds, to the dynamic nature of the health insurance market, and collecting and redeeming credit card reward points.
Joshua believes that knowledge is the first step towards empowerment. Even while studying, he facilitated peer-assisted study sessions for economics, and represented his University’s Business School in an academic committee.
You can follow Josh on LinkedIn, and Canstar on X and Facebook.