Mozo guides

How long does it take to transfer money overseas?

exchanging between aud and usd

If you’re planning to send an international money transfer (IMT), it's important to understand that these transfers aren’t instantaneous like BPAY.

Sending money overseas may take several days depending on factors such as:

  • which provider you’re using 
  • what currency you’re using or sending 
  • and even which day you make your transfer. 

So it’s possible that your money transfer can take anywhere from two to five business days (or potentially even longer).

However, popular currencies like the USD or the Euro may qualify for 24-hour international money transfer speeds, but this entirely depends on the provider you choose. Each IMT provider has its own estimated transfer speed, so make sure to do your research before choosing one.

How long does it take to send money overseas using an Australian bank?

You can send money overseas with your regular bank, but it might not necessarily be the fastest. Below are the estimated transfer speeds claimed by the big four.

  • Commonwealth: 2 to 5 days
  • ANZ: 2 days
  • Westpac: 2 banking days, but may take longer
  • NAB: 3 days

If you’re looking for faster transfer speeds, consider checking on IMT specialists.

Ready to send money abroad? Scroll below for today’s exchange rates offers for converting AUD to USD. Alternatively, if you want more information, check out our international money transfer guides.

Maria Gil
Maria Gil
Money writer

Maria has five years of journalism experience and is currently a finance journalist covering home loans and property, personal finance and the currency exchange market. She has also completed her ASIC RG146 (Tier 2).

I want to transfer
to
Today’s foreign exchange rates
Search promoted international money transfers below. Advertiser disclosure.
  • Excellent exchange rates, no transfer fees
  • 24/7 transfers online, over the phone or through the TorFX app
  • Personal account management and expert insights

$6,418 USD

  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.6418 USD

  • 1-2 days

  • $200 minimum

  • Send to 200+ countries and 100+ currencies globally
  • Dedicated Australia-based client services team with personal account management for transfers over $20,000
  • 48,000+ 5-star 'Excellent' ratings on TrustPilot

$6,405 USD

  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.6405 USD

  • 1-3 days

  • none

  • Transact online 24/7 with fast settlement & extremely competitive rates.
  • Quick and easy account setup, supports multiple payment methods including debit/credit card, bank transfers and wire transfers.

$6,405 USD

  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.6405 USD

  • Within minutes

  • $0 minimum

  • Competitive exchange rates and low fees to pay
  • Enjoy instant transfers between Revolut users
  • Go global and send to 100+ countries in 40+ currencies

$6,420 USD

  • IN PERSON
    n/a
    BY PHONE
    n/a
    ONLINE
    $0
  • $0.6420 USD

  • Immediate

  • none - AUD $2,000 per month limit on fee free transfers on the Standard subscription tier

  • Fee Free transfers
  • Talk to a human, 24/7. Sharp Rates and Fast and Secure transfers.
  • Australian owned, ASX listed and Official Foreign Exchange Provider of the NHL

$6,398 USD

  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.6398 USD

  • 1-2 days

  • $250 minimum
    $500 monthly minimum for regular transfers