A Guide to SendMoneyPacific
What is SendMoneyPacific?
SendMoneyPacific is a free, Australian and New Zealand government funded website you can use to quickly compare the fees charged by different money transfer operators and how long it takes for the money to reach it’s destination. It also shows how much money is received at the other end in local currency.
SendMoneyPacific is not a money transfer service.
Sending Money Overseas – How does it work?
These days it is easy to send money back to our family. We just take our money in to a money transfer operator or a bank and it is their job to ensure that the money arrives with the receiver. However, not all of our money makes it home. Money transfer operators and banks naturally charge fees to send money, but many people don’t know how these fees work, which means your family may not be receiving as much money as they could.
Where does your money go?
Money transfer operators and banks charge a transfer fee – this is usually advertised upfront. But they usually also take a currency conversion fee which is harder to compare with other money transfer providers.
These fees add up and over time your family has missesd out on a large amount of money. The way these fees work are different from company to company. With so many options it can be confusing.
This is where SendMoneyPacific comes in...
SendMoneyPacific provides you with a clear, simple list of money transfer operators and banks, giving you information on:
- Fees charged
- Total cost including any fees and foreign exchange currency conversion costs
- Amount received in the local or pay out currencies
- Speed of transfer (how long it takes before the money arrives with the receiver)
- Network coverage (where money can be collected)
It’s 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.
How to use SendMoneyPacific
This information is just three clicks away!
1. Select the country you are sending from
2. Select your receiving country – the country you are sending money to
3. Select the amount to send – choose from either $200 or $500
You will then be able to see the latest fees, the total amount that it will cost you, including the foreign exchange costs, and the amount that the person receiving the money will actually receive.
So before you send money, make SendMoneyPacific your first stop. You can choose the best deal and have a better idea about what your friends or family will receive.
Visit www.sendmoneypacific.org before transferring money from Australia, New Zealand or the USA* to Fiji, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu or Vanuatu.
* From the USA you can compare costs of money transfers to Fiji, Western Samoa and Tonga.