What is SendMoneyAsia?
SendMoneyAsia is an Australian Government initiated website that you can use to compare costs when you send money from Australia to China, India, Indonesia, Philippines or Vietnam. SendMoneyAsia was launched in 2013 further to the DFAT Australian Aid Programme's 'Reducing the cost of remittances to Asia' inititiave. The website continues to be managed by the project partner, Developing Markets Associates Pty Ltd (DMA).
SendMoneyAsia looks at the fees and foreign exchange rates charged for money transfer services. We publish this information for free on our website so people sending their loved ones money can get the best deal possible. The information is free and we are independent of any money transfer operators.
SendMoneyAsia has been certifed by the World Bank for meeting the 12 key minimum mandatory requirements of a national remittance price database.
SendMoneyAsia is not a money transfer service. It is a website that allows you to compare the costs for free.
Banks and money transfer operator costs can vary widely due to fees and exchange rates. SendMoneyAsia provides all the information you need when sending money home.
So before you send money, make SendMoneyAsia your first stop. You can choose the best deal and have a better idea about what your friends or family will receive.
Getting the best value is easy
It is easy to see the price difference between providers. Often the savings can be large and the money you save can go into the hands of your loved ones at home. Imagine what they could do with that extra money.
Visit www.sendmoneyasia.org before transferring money from Australia to China, India, Indonesia, Philippines or Vietnam.