Best way to send money to Australia |
Little boy holds Australian flag on the beach

How to send money to Australia

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Get more money to loved ones in Oz with the right money transfer service.

Depending on the method you need to send or receive money in Australia, you have the convenience of many options — cash, bank deposit, or peer-to-peer apps.

If you don’t need cash right away (such as through a service like Western Union or MoneyGram), there are online services available that can get your transfer to its destination in 1-5 days, with no fees and great exchange rates.

Find the best provider for your transfer

Answer three quick questions and we’ll give you an instant recommendation for a money transfer service based on your needs.

Question 1 of 3

How much do you plan to send?

Question 2 of 3

Does your recipient have a bank account?

Question 3 of 3

When can they receive the money?

Based on your answers, check out:

WorldRemit International Money Transfers

WorldRemit International Money Transfers

Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide. Your first transfer is free with the code FINDER.

  • Low upfront fees and exchange rates.
  • Easy to use with round-the-clock help.
  • Get cash to family and friends in minutes.
    TransferWise International Money Transfers

    TransferWise International Money Transfers

    When you need to send money overseas, benefit from competitive exchange rates and low transfer fees with TransferWise.

    • Fair service fees and mid-market rates — a major market differentiator.
    • Next-day delivery to your loved ones and businesses.
    • Trusted the world over, with five-star ratings on Trustpilot.
      World First Foreign Exchange

      World First International Money Transfers

      Special offer for readers Because World First is a trusted partner of, you can send your money transfer overseas for free. No fees: There are no online transfer fees for all readers.

      • Enjoy competitive exchange rates.
      • Take advantage of spot contracts, forward contracts and limit orders.
      • Receive weekly updates on market exchange rates.

        Find the best money transfer to Australia

        Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to Australia with our money transfer partners.

        I want to send


        Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
        $0 3 - 5 days USD 0.00 1.388 AUD 6,940 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
        USD 1,000 1 day USD 0.00 1.387 AUD 6,936 Exclusive offer: $0 transfer fee
        No-limit transfers with competitive exchange rates for 100+ currencies.
        Go to site Show details
        USD 1 Within an hour USD 3.99 1.387 AUD 6,931 Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
        USD 1 3 - 5 days USD 50.00 1.400 AUD
        Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
        GBP 5,000 1 - 2 days USD 0.00 1.386 AUD 6,929 Get live quotes on exchange rates and take advantage of no transaction fees with no limits on transfers. Go to site Show details

        Compare up to 4 providers

        Banks vs. money transfer specialists

        The familiarity and security offered by banks make them appealing to some. But banks typically offer weak exchange rates and high fees to send money to Australia.

        For the majority of your international money transfers, you’re better off using an independent money transfer specialist.

        Sending $1,000 to Australia

        The Davenports need to send $1,000 for books and living expenses to their daughter studying in Sydney. While they appreciate the convenience of running down to their local bank, at their daughter’s nudging they’ve decided to compare their bank’s rates and fees to a popular online money transfer specialist.

        Major US bankOnline money transfer company
        Exchange rate1 USD = 1.2733 AUD1 USD = 1.3182 AUD
        Transfer fee$35$5
        Transfer methodBank depositBank deposit
        Transfer speedUp to 7 days1–2 days
        Total AUD received1,273 AUD1,318 AUD

        The Davenports are blown away: Not only can they save $30 in fees by sending money with a money transfer company, but their daughter will also receive 45 more Australian dollars — and in only a few days.

        Get a better deal when sending money to Australia

        By comparing just a few elements of your transfer, you can ensure that you get the cheapest deal for your needs:

        • Exchange rates. Compare the rate you’re offered to the mid-market rate and look for the smallest margin between them.
        • Fees. Generally, you’ll pay either a flat fee (for example, $5 for transfers up to $5,000 — or a percentage of your total transaction (such as 1% of your transfer amount).
        • Transfer methods. Banks and other services offer transactions online, by phone or in person. Each option carries different fees.
        • Transfer options. Independent transfer services like OFX and World First offer competitive exchange rates and fees. But if your recipient needs to pick up cash, compare options like WorldRemit.
        • Transfer speed. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you’ve more time, you’ll get better rates and fees with an independent provider.
        • Transfer amounts. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate — especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
        • Customer service. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.

        What is the mid-market rate?

        The mid-market rate is what your money’s actually worth on the global market compared to another currency. It’s the midpoint between worldwide supply and demand for that currency — and the rate banks and transfer services use when they trade among themselves.

        Use the mid-market rate as a baseline to compare against the rates provided by your bank or transfer service. With it, you’ll discover which companies offer the best rates.
        Best USD to AUD exchange rates

        Emergency cash transfers to Australia

        Sometimes in life emergencies require faster delivery to friends, family and businesses in Australia. If you need to initiate a money transfer quickly, consider the exchange rate you’re offered against the transfer fees you’ll pay.

        Although time is crucial, taking a few extra steps before confirming your transaction could save you a lot of money — and prevent any nasty surprises down the road.

        What will I need to send a money transfer to Australia?

        In general, to initiate an international money transfer, you’ll need to provide:

        • Your full name and contact information.
        • Government-issued ID, such as your driver’s license or passport.
        • Your recipient’s full name and contact information.
        • How you’re sending the money, whether for cash pickup at an agent location or for deposit to your recipient’s bank account.
        • If a bank transfer, your recipient’s bank name, routing and account numbers and SWIFT code.
        • Accepted method of payment.

        What is a SWIFT code?

        Short for the Society for Worldwide Interbank Financial Telecommunication, a SWIFT code is an international bank code used for incoming transfers. Overseas banks each have a unique SWIFT code that identifies which bank to send money to.

        Bottom line

        Overseas money transfers are easy, no matter which method you choose. But knowing how to compare your options gives you a leg up in terms of cost, rates and transfer speeds. An informed choice is your better choice.
        Best GBP > AUD exchange rates

        Frequently asked questions

        Cash pickup locations in Australia

        Was this content helpful to you? No  Yes

        Ask an Expert

        You are about to post a question on

        • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
        • is a financial comparison and information service, not a bank or product provider
        • We cannot provide you with personal advice or recommendations
        • Your answer might already be waiting – check previous questions below to see if yours has already been asked

        Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy and Cookies Policy and Terms of Use.

        US International Money Transfers Offers

        Important Information*
        XE Money Transfer

        Transfer up to $500,000 with no minimums and no fees.

        WorldRemit International Money Transfers

        Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

        World First Foreign Exchange

        Exclusive offer: $0 transfer fee
        No-limit transfers with competitive exchange rates for 100+ currencies.

        TransferWise International Money Transfers

        Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

        Go to site