send-money-to-australia

Send money to Australia

Compare fees and exchange rates to get the best deal on your next money transfer to Australia.

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.

XE Money Transfers

XE International Money Transfers

Enjoy fast, secure and fee-free international money transfers with global payments provider XE.

  • Send money in 40+ currencies
  • No transfer fees
  • See exchange rates in real-time
  • Secure and regulated by the FMA

    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.

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    NZD 0 1 day NZD 0.00 0.945 AUD
    9,452
    Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
    NZD 0 Within an hour NZD 3.99 0.946 AUD
    9,457
    An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
    AUD 250 1 - 2 days NZD 0.00 0.946 AUD
    9,461
    A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
    NZD 200 1 day NZD 0.00 0.947 AUD
    9,471
    TorFX guarantee to beat any competitor's exchange rate for a transactionConditions apply Go to site Show details
    NZD 2,000 2 days NZD 0.00 0.941 AUD
    9,414
    Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
    A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
    Go to site Show details
    NZD 1 1 - 2 days NZD 70.00 0.95 AUD
    9,433
    Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
    NZD 5 1 - 2 days EUR 3.00 0.943 AUD
    9,432
    Go to site Show details
    NZD 10,000 1 - 2 days NZD 0.00 0.945 AUD
    9,452
    Go to site Show details
    GBP 10,000 1 day NZD 0.00 0.936 AUD
    9,357
    Go to site Show details

    Compare up to 4 providers


    The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

    Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

    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.

    New Zealand bankOnline money transfer company
    Exchange rate1 NZD = 0.895 AUD1 NZD = 0.917 AUD
    Transfer fee$35$5
    Transfer methodBank depositBank deposit
    Transfer speedUp to 7 days1–2 days
    Total AUD receivedAUD$860AUD$912

    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 AUD$27 more — 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 WorldFirst 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 pick-ups, 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 NZD to AUD exchange rates

    Emergency cash transfers to Australia

    Sometimes emergencies require faster delivery of your money 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 licence or passport.
    • Your recipient’s full name and contact information.
    • How you’re sending the money, whether for cash pick-up 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.

    Frequently asked questions

    Cash pick-up locations in Australia

    What 10 countries are sending the most money to Australia?

    Australia saw an estimated $1.94 billion in remittances in 2017, according to World Bank data. Let’s see what countries are sending money to Australia.

    RankCountryRemittances in 2017
    1United Kingdom$445,820,673
    2United States$289,453,530
    3New Zealand$248,218,208
    4Canada$97,847,339
    5Italy$84,378,042
    6Japan$52,899,546
    7China$52,586,859
    8Germany$49,568,075
    9Thailand$44,718,225
    10Netherlands$41,731,607

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