Hai Ha Money Transfer review: Fees, rates and transfer time

What are the fees for an international money transfer with Hai Ha Money Transfer?

The cost to make an international transfer with Hai Ha depends on how much money you’re sending, and where it’s headed. The fee structures are quite complicated, so it's important to check the detail of the costs added to your transfer before you confirm it.Here’s an outline of what you can expect to pay:

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What are the currencies that Hai Ha Money Transfer supports?

Hai Ha can arrange money transfers in a number of currencies, including AUD, USD, EUR, CAD, CHF, FJD, GBP, HKD, INR, JPY, NZD, PHP, SGD, THB, and VND⁶. However, not all currencies can be sent to all countries, so it's important to check the details for your own transfer.If Hai Ha don’t cover the currency you're looking to send, then check out the broad range of currencies offered for transfer through Wise.

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What is the Hai Ha Money Transfer exchange rate?

Hai Ha list 3 different exchange rates on their website: a buy rate, a sell rate and a transfer rate. This can seem confusing, so it’s important to understand which rate will apply in your particular circumstance. It’s also worth noting thatexchange ra...

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How long can a transfer with Hai Ha Money Transfer take?

Transfers to Vietnam and Cambodia could take between 3 hours and a day, with transfers everywhere else in the world taking a day or two to process. If you’re sending your money for delivery or pickup, it may arrive sooner⁸.It’s worth knowing that money sent from one bank account to another in a different country, is often processed via the SWIFT network. This is the global network of banks which works together to facilitate international payments. Because of the way the network functions, your transfer could be handled by up to 3 intermediary banks before it reaches its final destination. This can mean the process takes a day or two to complete, and it can also mean you’re exposed to unexpected fees, as each bank involved in the transaction is able to add their own costs to the payment as it passes through the system. This is why Hai Ha specify that local banks may add their own fees to some transactions, and can result in your recipient getting less than you expect⁷.If you want to avoid the SWIFT network when making an international bank transfer, then it could be time to find an alternative option. Because Wise use a smart new approach to making international transfers, payments don’t go through the SWIFT system, and there are no hidden fees to worry about.

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How does Hai Ha work?

Hai Ha Money Transfer offers several different payment routes, including bank transfers using the swift system, and sending money to be collected in person by the recipient at an agent location abroad. In some countries you can also have the cash delivered directly to the recipient for ease.

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What kind of transfers can you make?

There are different options available depending on what currency you intend to send, and to which country. These include:

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Does the recipient have to sign up with Hai Ha Money Transfer?

In most cases the recipient won’t need an account with Hai Ha to get their money. However, for payments involving collection or delivery, they’ll need to provide some personal information and ID documents to be able to collect. Check out the full details before you confirm your transaction.

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Are there any limits to the amount you can transfer?

There are minimum amounts of $10 transfers for most currencies, but no upper limit to the amount you can transfer.

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Is the service available to anyone?

You can use Hai Ha Money Transfer either by visiting an office or agent location in Australia, or by setting up an account and using the service online. To set up an account for online use, you’ll need to provide personal details and identification documents, and have your account approved before you’re able to make any transactions¹⁰.

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How can you contact Hai Ha Money Transfer?

You can contact Hai Ha through a number of routes if you want to ask about a transfer or get any further information¹¹:It’s pretty common these days to need to send money abroad, so it’s good to know that there are options out there to suit every dif...

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