Send Money To Australia

Personal
Business
From
United States Flag
United States
USD
To
Australia Flag
Australia
AUD
1 USD equals
1.353 AUD
Updated on November 27, 2020
 
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
+
Promo Offer Available
Super low 0.4% margin for new customers referred by iCompareFX. Simply click GO TO SITE and register.

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

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.

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
71
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

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
+
Promo Offer Available
Three free transfers for new customers! Check out the WorldRemit promo guide for more info.

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

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

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


      How to send money to Australia

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

      Transferring money from UK to Australian bank account? Or from Australia to the UK bank account? Use the comparison tables at the top of the page. The companies listed in the tables below are very well rated by their customers. iCompareFX would not let them appear on the tables unless they were safe and reliable while saving you money sending to Australia or the UK.

      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.

       

      Reasons for UK Money Transfer to Australia

      Many expats, investors, and retirees need to transfer money from Australia to the UK or from the UK to Australia. Maybe your visa is up and you are sending money home, or you have just arrived and you are bringing some of your money with you. Many temporary residents tend to stay long-term. These can be Australians now living in London, or the British loving life down under.

      Whether you are retiring abroad, investing, wanting to pay bills, a student loan or just moving to another country for a while, save some of your hard earned money by not wasting it on steep bank fees and terrible exchange rates. Send money between the UK and Australia the smart way. Choose a safe overseas money transfer alternative by selecting one of the trustworthy companies in the table above (look out for those that are regulated and authorised by the Financial Conduct Authority) which effectively allows you to compare international money transfer providers. Don't forget many of the money transfer companies allow you to send money to many other countries around the world including Saudi Arabia, South Africa, South Korea, United Arab Emirates, Hong Kong, Czech Republic and more.

       

      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$133.99 and AU$134.8 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$128.57, not including additional banking fees. That is an average saving of AU$5.82.
      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.

      Money Transfer Guides

      How to Send Money from PayPal to TransferWise
      September 7, 2020
      Introduction

      Let's me honest. If you are receiving money through PayPal in foreign currencies, PayPal is charging you a huge amount …

      Save Money Transferring Funds In or Out of International Escrow
      September 7, 2020
      Problem Definition

      You are selling something through an international Escrow service and the option to send to your country is through …

      What Is the Difference Between IBAN and SWIFT?
      September 7, 2020

      Banks and other financial institutions make use of different kinds of identification numbers for a variety of reasons. Your bank …

      A Guide to Handling International Payroll
      September 7, 2020

      Managing international payroll can be time consuming and challenging, and if often comes at a cost. Making cross-border payroll payments …

      How Do Wire Transfers Work?
      September 7, 2020

      Wire transfers refer to electronic transfer of funds between two entities that may or may not be banks. These transfers …

      All You Need to Know About Peer-to-Peer Money Transfers
      September 7, 2020
      What is a peer-to-peer money transfer?

      A peer-to-peer money transfer, also referred to as a peer-to-peer transaction, a P2P transfer, or …