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Money Transfer to the USA

Get safe, secure and fast money transfers to the USA with Travelex and our partner OFX

Australian citizens and residents send billions of dollars overseas every year, with almost $188 million USD sent to USA from Australia annually in financial and gift transfers.1 At Travelex, we are focused on providing customer satisfaction, low fees and competitive AUD to USD exchange rates.

Transferring money couldn’t be easier with our mobile-friendly platform and customer support team. Get safe, secure and fast money transfers to USA with Travelex and our partner OFX, 24/7.

How to Transfer Money from Australia to USA?

Travelex makes international money transfer from Australia to the US, simple and affordable. These are the following steps required to ensure a fast and secure transfer (further instructions are provided during the transfer process) :

How to Transfer Money from Australia to USA?

Log-In/Create an account

to your account via the login portal
Or create a free account with our partner OFX.


Confirm the recipient’s details

Confirm the recipient’s full name, SWIFT code (or IFSC in India) and their bank account number.


Get your live quote

You will be sent a live, total sum quote.
Proceed with the transaction
Or wait until the rate improves to complete your transfer.


Lock-In your transaction details

Confirm the exchange rate and finalise the transaction:
amount, currency, the recipient’s bank account details


Transfer your funds and complete

Finalise the transaction and transfer your funds via BPay or electronic bank transfer.

Why Send Money from Australia to USA?

There are many different reasons why people send money from Australia to USA. If you’re looking to send money to friends and family or transferring funds for business activities, the Travelex team can help ensure that your international money transfer is delivered safe and securely.

Sending Money to Friends and Family in the USA

For those that are looking at sending financial gifts or payments to friends and family in the US, Travelex’s International Money Transfer provides the most convenient and secure transfer solution, with low and transparent transfer fees. Our partnered platform can ensure that your friends and family receive their money transfer promptly from our secure global network.

Sending Money to the US for Business Purposes

Iooking to transfer funds to the US for business purposes, Travelex’s International Money Transfer provides Australian businesses with a simple and secure money transfer platform. Our partnered platform provides businesses the option to leverage competitive AUD to USD curref you’re lncy exchange rates for all types of international business-to-business and commercial transactions.

Benefits of using Travelex & Our Partner

Highly Competitive and Locked-in Exchange Rate Quotes

The Travelex AUD to NZD currency converter ensures that you receive an accurate and competitive foreign exchange rate. Travelex’s live exchange rate quotation also provides you with the option to lock-in an alternative exchange rate for a later time.

Simple and User-friendly Money Transfer Platform

The Travelex International Money Transfer platform provides a simplistic interface during your money transfer, allowing you to track and complete your international transaction with ease.

24/7 Travelex Customer Support

If you need further assistance with our International Money Transfer facility, the experienced support staff6 are at the ready 24/7.

Travelex’s Compatibility with US Banks

Travelex’s partnered platform provides greater security and transparency when relaying money from Australia to banks in USA. We support money transfer to almost all banks in USA including:

  • Bank of America
  • Citigroup
  • Morgan Stanley
  • JP Morgan
  • Goldman Sachs
  • HSBC
  • PNC

Still have questions? Please contact the customer support team to put your questions to ease by calling us.


This article is general advice. It does not consider your own personal circumstances and may not be applicable to you. You should obtain professional advice and consider your own situation before acting on anything contained in our article.

The Travelex International Money Transfer service and support are provided by our partner OFX.com.


1 https://www.pewresearch.org/global/interactives/remittance-flows-by-country

2 https://au.ofx.com/registration

3 https://www.ofx.com/en-au/blog/what-is-a-swift-code

4 https://www.irs.gov/forms-pubs/about-form-3520

5 https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes


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  • Is Money Transferred from Australia to USA Taxable?

    Recipients receiving financial gifts or payments in the US via international money transfer are not required to pay tax. Once you opt to send money from Australia to the US, the funds will not be subject to any additional tax.

    The sender is required to inform the IRS if the financial gift or payments exceed the value of $15,000 USD, with each individual person allowed to gift up to $11.18 million USD tax-free over the course of their lifetime. Money transfers that are payments for living expenses are not recognised as capital gains or income and will not be additionally taxed.

    If the financial gift exceeds $100,000 USD, you will be legally required in filing IRS Form 3520. 4 If the gift is from a business or partnership transaction, you will be required to notify the IRS if the transfer exceeds $15,797 USD and the sender is responsible for paying any taxes or fees associated with the transfer.

    Those that are transferring money to the USA for business purposes, may be taxed if the transfer funds are recognised as taxable income. Any money earned from businesses or investments are taxed regardless of the country of origin. US business tax regulations are dependent on the source of the money and whether it is recognised as an ‘income’. To find more information, visit the IRS tax information page. 5

  • How Much Money can be Transferred to USA?

    Travelex International Money Transfer service has a minimum transfer amount of $250 AUD, with no limit or restrictions applied for money transfers to the US.

  • How Long Does it Take to Transfer Money?

    At Travelex, we’re here to ensure that your funds arrive at their destination securely and with ease. The moment your transfer funds are received, our trusted partnered system will begin processing. Travelex offers fast and secure money transfer solutions, so that your recipient will receive the funds in a timely manner of 1-2 business days. You can keep track of your funds’ processing stages with our partnered iOS and Android app.

  • If I have a question, who can I speak to?

    Rest assured, we're doing everything we can to make this as simple and easy as we can. However, if you have any questions about the upcoming change, we're always here to help.

    You can call us 24/7 on 1300 300 524 in Australia.