When you are looking to send money to Australia there are certain things you should be aware of and take into consideration before you send money.
The Australian Dollar
The Australian Dollar is a very popularly traded currency. Statistics say it is the 5th most traded currency in the world. There are many reasons why the Australian Dollar is popular, not only because it is a large and amazing place to live but for currency investors their high interest rates and economic stability is attractive.
This is also the official currency of outlying Islands like Christmas Island, Norfolk Island and Cocos Islands amongst others. The Australian Dollar also benefits from being highly exposed to Asian economies and commodities.
Send Money Transfers To Australia
If you are travelling to Australia to live or maybe just sending money there for services, property or to relatives then a money transfer service can be the fastest and most cost effective way. Most banks will offer to send money to Australia for you, many banks have high charges for these transfer services. An independant international money transfer service can sometimes save you those charges and get you a better rate. It is always worthwhile checking what other options are on offer before you just opt for your own bank.
Try not to use Western Union money transfer, unless you know and can verify the receiver of the money at the other end. Money sent through this service is non refundable once collected by the receiver.
Check out some of our suggested providers and take advantage of getting free quotes. Usually people save money when they send money to Australia using these types of service.