Send money overseas and pick up a reward every time.
About FX International Payments
from American Express
When you send money overseas with FX International Payments from
American Express, there’s always a little something in it for you back at home.
Sign up for your online FX account and as a personal American Express Cardmember you can always look forward to:
- Competitive exchange rates
- No minimum transaction amount
- No account management fees
- Plus, earn Membership Rewards points on every transfer^ (if enrolled)
Our earn rates and fees are:
|Points earn rates||1 point for AU$15||1 point for AU$20||1 point for AU$25|
|Transaction fee||No fee||No fee||Low AU$10 flat fee|
How to get started in
three easy steps.
With over 150 years’ experience in foreign exchange, when you transfer money with American Express it’s not just a rewarding experience, it’s a quick and reliable one too.
- STEP 1:
- Click Sign up
- STEP 2:
- Complete the quick and easy online application and click 'Submit'. The form should take you less than 10 minutes to complete.
- STEP 3:
- Login details will be emailed to you giving you 24/7 access to your online FX account.
Frequently Asked Questions
Q: Who can I send money to and what can I send money for?
A: You can send money to individuals or businesses overseas for personal reasons. Whether it be sending a cash gift, paying off an investment or simply buying something special for yourself.
Q: How do I know what rate I’ll get?
A: You can check the rate online, anytime. We offer very competitive rates for over 100 currencies. The exchange rate applied to your transfer is the rate you see at the time you complete the transfer online.
Q: Why choose FX International Payments from American Express and not my bank?
A: Put simply, we generally offer better exchange rates and lower fees, plus you can transact 24/7 using your online FX account. American Express is also a trusted global brand with over 150 years of experience in foreign exchange.
Q: How long does it take for the money to be transferred?
A: Once we receive cleared funds from your account, your money will generally reach its destination within 48 hours.
Q: Can I receive money from overseas?
A: Yes, we facilitate inward payments.
Q: How do I pay for my transfer?
A: On application you select how you would like to settle your account. You can choose to pay by Direct Debit (American Express will debit your nominated bank account), Direct Credit (you transfer the money to the American Express bank account) or BPAY® (you initiate a BPAY payment to American Express’ nominated BPAY biller code).
® Registered to BPAY Pty Ltd (ABN 69 079 137 518).
Q: How do I know the money has been transferred?
A: You and the person or business you are sending money to will receive a notification email once the money has been sent.
Q: How will the recipient access the funds?
A: The FX International Payments service from American Express is an online bank-to-bank transfer. There is no need to visit a branch or money bureau.
Q: Once I have submitted my application, how soon can I start sending money?
A: Your application will generally be processed within 1 business day. Once approved, your account login details will be sent to you via email so you can transact straight away.
Q: Can I earn Membership Rewards points when I make a transfer?
A: Yes. Points are earned on foreign currency transfers^ as long as you are enrolled in the Membership Rewards program. Cardmembers enrolled in other loyalty programs in American Express are not eligible for points relating to FX International Payments, for example Qantas Direct Program.