Is it cheaper to send money to Fiji online or in-store?

Sending money to Fiji online is generally more cost-effective. Money changers with a retail store have to pay for rent, staff, and insurance, with you covering the cost of these additional third-party charges. Online money transfer providers don’t have these large costs, making it easier to provide better exchange rates and lower fees when you send money. Some stores may also have limited currency availability.

What is a Spot rate in foreign exchange?

According to OFX, Spot rates are the current exchange rates at which specific currencies can be bought or sold on currency exchange markets. Spot rates fluctuate by the second. It’s also known as the ‘interbank’, ‘wholesale’, ‘mid-market’ or ‘live’ rate. It’s also the rate that S Money offers for foreign currency in Australia.

How do I send money online to Fiji?

If you’re looking to send money to Fiji or make any international transfers, OFX is your simplest, most convenient choice. To begin, you’ll need to create a free account with OFX, or log in if you already have one. Once logged in, you can request a live quote for your transfer, which shows exactly how much your recipient will receive after fees and currency conversion. Once you have all the necessary banking information for your recipient, enter your payment details and specify the amount you wish to send. OFX will automatically calculate the converted amount in Fijian Dollars, factoring in […]

What is the cheapest way to send money to Fiji?

The most cost-effective way of Fiji money transfer is usually via an online banking transfer using OFX. Unlike traditional banks, OFX applies a small, transparent margin on the exchange rate instead of charging high hidden fees. This makes your cost to send money much cheaper.

How much can I send to Fiji?

With OFX, there are no strict minimum or maximum limits for personal transfers, although the banks may double-check certain larger amounts. This flexibility makes it easy to send anything from a few hundred dollars for personal expenses to tens of thousands for tuition, property, or business purposes.