SendFX Pty LTD (“Send” for short) provides Australian customers with:
Founded in 2018, Send is an Australian money transfer provider that offers international money transfer services across the world. Operating out of the Gold Coast, Send seeks to provide an innovative and comprehensive range of financial services.
Send offers competitive rates, super-fast transfers and a dedicated customer service team to support their clients.
Transferring money internationally through Send is speedy and secure. International money transfers work by sending money electronically from your nominated account to a specified bank account in a country Send operates in.
When transferring money using Send’s website, it only takes a few minutes to create an account and get going.
Be aware that third-party fees and charges may apply to your transaction. You can learn more by reading our helpful guide to sending money overseas.
Send employs high-level security systems on their transfers to help protect customers and their money.
Additionally, Send abides by Australian regulations concerning financial services and international money transfers.
Send has no maximum limit on how much money you can transfer. Depending on the amount and the location of the accounts involved, however, there may be tax implications and costs to consider.
Send accepts electronic bank transfers, but not physical cash or cryptocurrencies.
You don’t have to pay any fees to Send, though you may be required to pay fees and charges to a third party (e.g. banks that receive your funds). This depends on where you have sent the money and how much money is being transferred.
Send makes their money from the difference between the market exchange rate (the real exchange rate between two currencies) and the trade price provided (what customers using Send will be able to use). Send ‘buys’ an exchange rate from a trading wholesaler, and then uses that to calculate their own rate. As exchange rates and currencies are always in flux, their profit margin will be unique to each transfer.
Customers using Send don’t have to pay any fees, making it quick and easy to know just what the exchange between currencies will amount to, based on Send’s exchange rates.
Customers transferring money with Send have a few options available to them:
Typically, an international money transfer with Send takes 24 hours to complete once they have received the money. Depending on where the money is being sent and when, there may be delays (such as holidays or weekends when banks may be closed).
If you establish a regular payment, you have the option of cancelling it by providing at least three days’ notice. If you wish to reverse or cancel another type of transfer, you will need to contact Send’ support team to resolve the matter. It’s recommended you contact them as soon as possible.