You can't beat the OFX (formerly Ozforex) service in our view. We have been using OFX regularly since 1998 for both personal and business transactions. We are impressed and that is why we endorse and support the service. My wife is the resident treasurer and expert and she says:

"very competitive rate, low fees and you can get up to the minute quotes online, select the most favourable rate immediately and log it in. Payments can be made to OFX by online transfer or BPay. Remittances are quick and you can view history, deal status, select beneficiaries etc etc all online. They are the best."

Why OFX

OFX has developed strategic alliances with the Australian Tax Office (ATO), Inland Revenue Department (IRD) in New Zealand and Link Market Services. 

You can now make payments to the ATO and IRD from abroad or receive Australian dividends in a local bank account, faster cheaper and easier.