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HiFX Money Transfer Review

 

HiFX is a trusted money transfer provider, but how do their foreign transfers compare for rates and service?

HiFX Money Transfer Rates & Fees - Compared

The below live Foreign Transfer comparison table shows how much you could save on your next foreign transfer by using a broker such as HiFX rather than your bank. Note the margins are compared to the current mid-rate. You can change the currencies and send or receive amount with our full Foreign Transfer calculator.

 
Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

HiFX - Compare Foreign Transfers

Sending AUD 10,000 to USD

HiFX logo HiFX
1AUD=0.7291USD
$7291.00 USD (0.86%)
We believe in fairness and total transparency so you save money. When you transfer money with HiFX there are no fees whatsoever on any transactions of $10,000 or more. For amounts below this, a simple small fee applies which is one of the lowest in the industry. BestExchangeRates gets you your first transfer fee free.
Price Details
Receive: $7291.00 USD
Exchange Rate: 0.7291
(Inverse 1USD=AUD 1.3716)
Fees: AUD 0
Total Cost : 0.86% (from mid-rate: 0.7354)
This is the amount of money that could be received by your transfer at rate AUD/USD=0.7291 and inclusive of the fee of AUD 0.
ANZ Bank logo ANZ Bank
1AUD=0.7127USD
$7114.17 USD (3.26%)
Rate available to ANZ Online Banking customers only. Fee for transfers via ANZ Internet Banking is $18 (or $12 if the transfer is over $AUD10,000) in ANZ Foreign Exchange Centre or via ANZ Phone Banking fee is $32.
Price Details
Receive: $7114.17 USD
Exchange Rate: 0.7127
(Inverse 1USD=AUD 1.4031)
Fees: AUD 18
Total Cost : 3.26% (from mid-rate: 0.7354)
Receive USD $177 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.7127 and inclusive of the fee of AUD 18.
Rate timestamp : Wed Jul 18 2018 06:03:06 GMT+0000 (UTC)
Bank of Queensland logo Bank of Queensland
1AUD=0.7097USD
$7075.71 USD (3.78%)
Rate available to Bank of Queensland Online Banking customers only.
Price Details
Receive: $7075.71 USD
Exchange Rate: 0.7097
(Inverse 1USD=AUD 1.4090)
Fees: AUD 30
Total Cost : 3.78% (from mid-rate: 0.7354)
Receive USD $215 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.7097 and inclusive of the fee of AUD 30.
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  Bank of Queensland logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=0.7012USD
$6998.36 USD (4.84%)
This is the average AUD to USD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $6998.36 USD
Exchange Rate: 0.7243
(Inverse 1USD=AUD 1.3806)
Fees: AUD 15
Total Cost : 4.84% (from mid-rate: 0.7354)
Receive USD $293 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.7012 and inclusive of the fee of AUD 15.
Commonwealth Bank logo Commonwealth Bank
1AUD=0.6998USD
$6993.80 USD (4.9%)
Rate available to Commonwealth Bank Online Banking customers only.
Price Details
Receive: $6993.80 USD
Exchange Rate: 0.6998
(Inverse 1USD=AUD 1.4290)
Fees: AUD 6
Total Cost : 4.9% (from mid-rate: 0.7354)
Receive USD $297 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.6998 and inclusive of the fee of AUD 6 .
Rate timestamp : Wed Jul 18 2018 06:02:01 GMT+0000 (UTC)
Westpac logo Westpac
1AUD=0.6997USD
$6983.01 USD (5.04%)
Rate available to Westpac Online Banking customers only.
Price Details
Receive: $6983.01 USD
Exchange Rate: 0.6997
(Inverse 1USD=AUD 1.4292)
Fees: AUD 20
Total Cost : 5.04% (from mid-rate: 0.7354)
Receive USD $308 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.6997 and inclusive of the fee of AUD 20.
St George Bank logo St George Bank
1AUD=0.6991USD
$6977.02 USD (5.13%)
Rate available to St George Bank Online Banking customers only.
Price Details
Receive: $6977.02 USD
Exchange Rate: 0.6991
(Inverse 1USD=AUD 1.4304)
Fees: AUD 20
Total Cost : 5.13% (from mid-rate: 0.7354)
Receive USD $314 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.6991 and inclusive of the fee of AUD 20.
NAB logo NAB
1AUD=0.6987USD
$6971.63 USD (5.2%)
Rate available to National Australia Bank online banking customers only.
Price Details
Receive: $6971.63 USD
Exchange Rate: 0.6987
(Inverse 1USD=AUD 1.4312)
Fees: AUD 22
Total Cost : 5.2% (from mid-rate: 0.7354)
Receive USD $319 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.6987 and inclusive of the fee of AUD 22.
BankSA logo BankSA
1AUD=0.695USD
$6936.09 USD (5.68%)
Rate available to BankSA Online Banking customers only.
 
Price Details
Receive: $6936.09 USD
Exchange Rate: 0.6950
(Inverse 1USD=AUD 1.4388)
Fees: AUD 20.01
Total Cost : 5.68% (from mid-rate: 0.7354)
Receive USD $355 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.695 and inclusive of the fee of AUD 20.01.
Bank of Melbourne logo Bank of Melbourne
1AUD=0.695USD
$6935.41 USD (5.69%)
Rate available to Bank of Melbourne Online Banking customers only.
 
Price Details
Receive: $6935.41 USD
Exchange Rate: 0.6950
(Inverse 1USD=AUD 1.4388)
Fees: AUD 21
Total Cost : 5.69% (from mid-rate: 0.7354)
Receive USD $356 less than with  HiFX logo HiFX
This is the amount of money that could be received by your transfer at rate AUD/USD=0.695 and inclusive of the fee of AUD 21.
 
Exchange Rates 3.7
Customer Service 3.7
Ease of Use 3.3

With offices in Australia, New Zealand, the US, europe and the UK, HiFX manage over $20 billion on behalf of over 112,000 clients in 117 countries every year. They are part of euronet Worldwide, Inc. NASDAQ listed (EEFT). The group’s innovative technology and services are trusted by over 220 financial institutions and some of the world’s leading brands including Apple, Google, Amazon, Paypal, Walmart, Visa and Mastercard.

Contact HiFX today and inform them you visited Best Exchange Rates and they’ll guarantee you just that, the Best Exchange Rates when making an international money transfer or payment overseas for both individuals and businesses.

HiFX can make you considerable savings against the banks by providing more competitive exchange rates.

HiFX believes in fairness and total transparency so you save money. When you transfer money with HiFX there are no fees whatsoever on any transactions of $10,000 or more. For amounts below this, a simple small fee applies which is one of the lowest in the industry. BestExchangeRates gets you your first transfer fee free.

Related Posts

Reviews - Average Rating: 3.6

5 Reviews for “HiFX Money Transfer Review”

  1. Chris says:

    What they do not explain when you sign up is that they have to verify you, this I understand is normal practise with all transfer companies but they make it sound as if its instant. Do not just sign up as I did and transfer your money to them expecting your transfer to happen there and then ! My advice is, set up your account with them, and wait until they advise you that you have been verified, then transfer the money to them and not before!

    Exchange Rates 3
    Customer Service 2
    Ease of Use 4
  2. HK says:

    My international bank’s terrible currency conversion rates finally propelled me to use an exchange service. I checked out several, and some made me frankly nervous. Hi FX personnel are great to work with and the company performs quickly and flawlessly. Most importantly, the exchange rates are competitive and the transactions are secure and safe.

  3. Kelly says:

    Great costumer service and easy on time transactions very happy.

    Exchange Rates 4
    Customer Service 5
    Ease of Use 4
  4. Robert says:

    I have been using HIFX services for some years now and have always found them to be reliable, fast and efficient. On the rare occassion that I have needed to contact them in either the US or UK their customer service personnel have been friendly and very helpful. HIFX you fully deserve your obvious success.

  5. Jerry says:

    Getting the account set up and verified was somewhat of a problem. However once that was completed things went smooth and quick. I plan to send on a monthly basis and can better judge HiFX performance after a few more transactions. Hope things go smoothly without any hitches. Thanks

    Exchange Rates 4
    Customer Service 4
    Ease of Use 2

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