Send Money To Australia

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
Australia Flag
Australia
AUD
1 USD equals
1.373 AUD
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English
TorFX Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents
$
$
$

low

Fees
72
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank transfer
  • CHAPS (UK only)
  • BACS (UK only)
  • Visa debit card (UK only)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for one-off transfers
  • Circle Check Icon
    Schedule transfers between £500 and £10,000 per month
  • Circle Check Icon
    Use hedging tools to protect yourself against FX fluctuations
  • Circle Check Icon
    No multilingual website
XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
74
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers
CurrencyFair Logo
  • Check Icon
    Transparent fees
  • Check Icon
    Recurring transfers
  • Check Icon
    Rate Alerts
  • Check Icon
    Low minimum transfer limit
$
$
$

low

Fees
67
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank transfer
  • SEPA
  • BPAY
  • Debit Card (Ireland)

Features

  • Check Icon
    Transparent fees
  • Check Icon
    Recurring transfers
  • Check Icon
    Rate Alerts
  • Check Icon
    Low minimum transfer limit

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Set your own rates using Exchange
  • Circle Check Icon
    Scheduling transfers is simple
  • Circle Check Icon
    Holding funds in multi-currency wallet
  • Circle Check Icon
    Supports only major currencies
  • Circle Check Icon
    No global debit or credit card payments
  • Circle Check Icon
    No support for USA residents
WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
-

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers
Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    -

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      Currencies Direct Logo
      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website
      $
      $
      $

      low

      Fees
      84
      Speed Icon

      medium

      2-3 days

      Less Information
      -

      Transfer Options

      • Bank transfer
      • Debit card

      Features

      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      • Circle Check Icon
        Schedule transfers easily
      • Circle Check Icon
        Make use of hedging tools
      • Circle Check Icon
        Accepts customers from most countries
      • Circle Check Icon
        Cannot sign up from all states in the U.S.
      TransferWise Logo
      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app
      $
      $
      $

      low

      Fees
      75
      Speed Icon

      fast

      1-2 days

      Less Information
      -

      Transfer Options

      • Bank Transfer
      • Credit Card
      • Debit Card
      • Country specific alternatives

      Features

      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        User friendly mobile app
      • Circle Check Icon
        Multi-currency account
      • Circle Check Icon
        Travel debit card
      • Circle Check Icon
        No scheduled transfers
      • Circle Check Icon
        No dedicated account manager

      How to send money to Australia

      How To Step Icon
      Step 1
      Compare, select, sign up

      Review and compare offerings of the top companies that send money to Australia. 

      Select the best alternative according to your specific requirements. Personal or business. 

      Register by providing details from a valid identity document along with your contact details.

      How To Step Icon
      Step 2
      Review exchange rates before confirming your transfer

      Look at the recent history of AUD exchange rates to help you determine if now is a good time to transfer money to Australia. 

      Let your service provider know of the desired transfer amount to receive a rate quote. 

      Confirm the transfer by accepting and locking the exchange rate. 

      Provide the recipient's bank account details.

      How To Step Icon
      Step 3
      Pay for the transfer

      Pay for your transfer using the available methods of your chosen service provider. This begins the transfer process of sending money to Australia. 

      Most companies let customers track their transfers' progress via notifications and online updates.

      How Do I Compare Companies When Sending Money to Australia?

      If you want to narrow down on the best way to send money to Australia, it is important that you compare your options well. Irrespective of whether you wish to transfer USD to AUD, EUR to AUD, GBP to AUD, or NZD to AUD, factors you need to consider remain the same.

      • Exchange rate and fees. The exchange rate you get and the fee you need to pay have an effect on the cost of your transfer. While steep fees may offset a seemingly great exchange rate, the reverse holds true as well. An easy way to determine the cheapest way to transfer money to Australia is to look at how much money the recipient will receive.
      • Processing time. If you wish to transfer money to Australia in a hurry, you may have to pay higher than usual fees. Factors such as the country of your residence and the service provider you select tend to affect turnaround times. A regular money transfer to an Australian bank account may take up to seven business days. Some companies offer expedited services with quicker turnaround times. You may also send money to a cash pickup location in Australia because these transfers tend to take place in real time.
      • Payment methods. All prominent overseas money transfer companies that let you send money to Australia accept payments via bank account transfers. While not all companies allow payments via debit and credit cards, finding ones that do is easy. Some companies let you pay via region-specific methods as well.
      • Customer service. Turning to online platforms such as Trustpilot and Feefo gives you easy means to determine how different overseas money transfer companies fare in this aspect. Some of the leading players in this field provide local phone support in different countries, as well as support via chat and email.

       

      Best way to transfer money from the UK to Australia

      There are two main ways to transfer money overseas, including to Australia. When transferring money from the UK to Australia, the two most common recommendations are:

      1. Use inter-bank transfers using local banks or Telegraphic Transfers to send money to Australia. – Banks charging can be expensive and they may be a minimum transfer amount.
      2. Use global money transfer providers. – Recommended.

      The smart way to transfer money overseas is to use the second option. You will find out later in this article why it’s smarter, but first you can take a look at your best online money transfer alternatives including comparing transaction fees.

      So, what is the best way to transfer money from the UK to Australia? There are many global money transfers companies with online platforms available all over the world that allow you to send money abroad. When transferring money from UK to Australia, or from Australia to the UK, the companies listed in the tables below are very well rated by their customers for the main reason that they save money.

      1. Select UK and Australia in the comparison calculator above.
      2. Select personal or business transfers.
      3. Click the Go To Site button to go to a money transfer company’s website.

       

      Regulations When Transferring Money To and From Australia

      The Australian Transaction Reports and Analysis Centre (AUSTRAC) is responsible for monitoring money moving in and out of the country. If you send or receive more than $10,000 or its equivalent in another currency, the bank or service provider you work with needs to disclose it to AUSTRAC. In such a scenario, you might need to verify your identity before moving forward with the transfer.

      Due to sanctions imposed by the United Nations and Australia, you cannot transfer money to some countries such as Libya, Syria, Iran, and North Korea.

      There are tax implications of moving money in or out of Australia. If you plan to make an investment in a foreign country, you will need to disclose it to the Australian Taxation Office (ATO). Receiving money from overseas, as income or inheritance, also needs to be disclosed to the ATO.

      Convert USD to AUD

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      AUD
      Sending money online through specialist money transfer companies.

      Expect to receive between AU$135.93 and AU$136.76 when sending money from USD to AUD at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately AU$130.44, not including additional banking fees. That is an average saving of AU$5.9.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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