For example to send money from australia to the us the maximum limit for transferwise is a 1 8 million in one transfer. When i finished my australian working holiday and paid my taxes it was time to figure out how to transfer money from australia to my usa bank account.
I finally settled on ofx.
How to transfer money to usa from australia. Collect the recipient details you will need to send the money. Our comparison engine found 14 different money transfer providers offering money transfers to the united states from australia. If you would like the recipient of your transfer to receive us dollars in his bank account in the united states then currencyfair is currently the cheapest provider with zero transfer fees and a very competitive aud usd exchange rate their current exchange rate is 1 aud 0 7535 usd.
Forget about your local banks and start saving money when you send money abroad. Be careful if you send a gift of a 100 000 or more from a us non resident or a gift of a 16 706 or more from a foreign corporation of partnership as you will need to fill in form 3520 from the internal revenue service irs. How to send money to the usa here s how to send a quick affordable and secure money transfer to the united states from australia.
Choose a reliable institution that offers low rates and fees. As i searched for the cheapest way to send money overseas i read every international money transfer review i could find. No need to scour the internet to find out how to send money to usa.
If you are not an account holder at a bank you might have to pay a higher fee. Australia s four big banks all allow international money transfer to the united states via internet banking and at the branch. The same applies if you transfer money from usa to australia.