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    Send Money to Australia

    We save you time and money when transferring money to Australia by comparing providers to help you get the Best Service, Rates and Fees.

    What’s in this Money Transfer to Australia guide?

    1. Compare AUD Transfers
    2. Compare Providers
    3. Recent AUD Trend
    4. Australian Dollar Forecasts
     

    Saving on AUD Money Transfers

    We make it easy to save money by making these fees and exchange rates easier to see and compare the best providers for sending money to Australia.

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    Sending money to Australia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

    Using your Bank to make international wire transfer to Australian dollars can be very expensive – often 5% to 10% worse than using a foreign exchange specialist to send to an Australian bank account or pay an invoice in AUD.

     


     

    Top Transfer to Australia Providers

    When choosing a provider to send money to Australia finding the best currency rate is generally everyone’s number one factor. Other important criteria to also consider are transfer speed, delivery options (bank transfer or cash pickup), customer servce, mobile apps and extra fees.

    You can read more about Currency Transfer and Travel Tips for Australia in our Australia FX guide.

     

     

    OFX

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    OFX at a glance

    OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.

    Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals.

    Their transactions are transparent, unlike most banks. Also, as the rates are displayed on the site, customers can see what rates they can expect.

    How much does it cost?

    Exchange Rates - OFX exchange rates are extremely competitive for global money transfers – either the best or very close to the best exchange rates prevailing in the market.

    Transfer Fees - OFX usually charge a flat fee for smaller amounts, but if you click on the link below or mention that you are a BestExchangeRates customer, then your transfers will be fee free.

    How long does it take?

    Once OFX receive your payment the transfer recipient will receive the converted funds into their account in 1-2 business days.

    Is OFX safe?

    Yes they are. OFX is regulated in each country that they operate. See our full review of OFX for more information.

    A Trusted Foreign Exchange Specialist

    As the Official Currency Exchange Provider in the USA and Canada to the NHL®, OFX manages a portion of the NHL’s currency exchange requirements and promises to move NHL fans' money with great exchange rates.

    NHL and the NHL Shield are registered trademarks of the National Hockey League. © NHL 2022. All Rights Reserved.

     

    Great OFX Services for Online Sellers

    OFX is an Amazon Payment Services Provider. Also receive payments from Afterpay, Klarna, Zip and more. You can collect your online seller global revenues in USD, EUR, GBP, CAD, AUD, SGD and HKD.

    For more details on OFX exchange rates, service and what their users think read our guide OFX Foreign Transfers Reviewed.

     

     

     

    OFX

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    XE Money Transfers at a glance

    XE works on razor-thin margins for money transfers to more than 100 countries and nearly always guarantees a fantastic deal.

    Transfers can be booked online and over the phone and most are processed within a single working day.

    For more details on XE exchange rates, service and what their users think read our guide XE Foreign Transfers Reviewed.

       

     

     

    OFX

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    WorldRemit at a glance

    WorldRemit - Send Money Online Anytime, Anywhere. 24/7 online service – no agents to visit. Bank Transfers - Cash Pickup - Mobile Money - Airtime top-up.

    Register from the below button for a Zero Fee first transfer.

    With WorldRemit, funds can be sent to bank accounts, mobile money wallets, can be picked up as cash at partnering banks and can be used to top up a loved one’s mobile phone.

    WorldRemit is an online service with no physical outlets, which allows for lower costs and greater convenience; it’s also the first of the new wave of FX companies to offer instant WhatsApp notifications on the status of transfers.

    WorldRemit isn’t a viable choice for large payments, such as property purchases, because its maximum transfer sizes are quite limited in many countries.

    For more details on WorldRemit exchange rates, service and what their users think read our guide WorldRemit Foreign Transfers Reviewed.


     

     

    OFX

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    Wise at a glance

    Wise products

    Wise (formerly TransferWise) always aim to convert money at the real mid-market exchange rate. There’s just a small, fair service fee, and it’s all shown up-front, this fee normally works out to be less than 1% of the amount being exchanged.

    Exchange guaranteed within 2 business days - Pay via Bank Transfer or VISA/Mastercard debit cards.

    Setup Direct Debits to Pay Bills abroad from AUD, CAD, EUR, GBP and USD accounts.

    Multi-currency Accounts: Regardless of which country you live in, with a Wise Borderless Account you receive a unique set of GBP, EUR, USD, AUD, NZD, SGD, RON, CAD, HUF and TRY account details with which you can get paid like a local. Together with an account number, you’ll receive a SWIFT, BSB, routing and/or sort code and anything else needed to receive funds in those currencies.

    Read our Review of Wise Borderless Account.

    The Wise debit card are free to set up and use. And there's never any monthly fee and minimum balance to worry about.

    Free ATM withdrawals worldwide up to $350 every 30 days then a 2% charge on additional withdrawals.

    Auto-convert any currency - Spend in any currency and the Wise smart tech will auto-convert it with the lowest possible fee.

    Unlike practically all other Travel cards you can pay foreign currency into this card via your own personal foreign bank accounts.

    For more details on Wise exchange rates, service and what their users think read our guide Wise Foreign Transfers Reviewed.

     

     

     

    USD to AUD Trend

    1 USD = 1.5631 AUD
    Sell USD  →  Buy AUD
    USD to AUD at 1.5666 is 7.1% above its 90-day average 1.4626 with range 1.4032-1.5666.
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      1 AUD = 0.6397 USD
    7-DAY+4.8%
    90-DAYHIGH
    Track Rate
     

     

    Australian Dollar Forecasts

    ANZ Bank forecast the AUD to regain some ground by the end of the year to US70¢.

    While NAB see the Aussie dollar to be range bound between US65¢ to US70¢, testing the lower end at the some point through to the end of the year.

     AUD Outlook


    USD to AUD 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsUSD to AUD at 1.5666 is 7.1% above its 90-day average 1.4626 with range 1.4032-1.5666. USD/AUD Rates

    As predicted, the AUD’s traditional vulnerability to risk has left it exposed to a broader correction in late September.

    CBA have lowered their forecast for the Aussie to fall to US62¢ by December as the slow down in the Chinese economy hits the price of many of Australia’s key commodity exports.

     AUD-USD Forecasts


    EUR to AUD 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsEUR to AUD at 1.4950 is 1.4% above its 90-day average 1.4746 with range 1.4293-1.5301. EUR/AUD Rates

    Due to the Eurozone’s reliance on gas from Russia, the euro remains vulnerable with AUD/EUR at a 5-year High in August near 0.70, whereas it had been approaching 0.60 in early February before the start of Putin’s so called Russian ‘special miliary operation’ in Ukraine.

     AUD-EUR Forecasts


    NZD to AUD 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsNZD to AUD at 0.8761 is 2.4% below its 90-day average 0.8977 with range 0.8730-0.9108. NZD/AUD Rates

    The NZD has dropped back relative to AUD from 1.04 in late 2021 with AUD/NZD reaching 1.11 in June.

    The risk-off shift sparked by the Ukraine situation coupled with a hawkish Federal Reserve, seemingly impacting the Kiwi dollar more than the Aussie.

     AUD-NZD Forecasts


    GBP to AUD 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsGBP to AUD at 1.6733 is 2.8% below its 90-day average 1.7221 with range 1.6543-1.7764. GBP/AUD Rates

    In the first quarter the GBP/AUD exchange rate dropped on the impact of the Ukraine situation on commodity prices — this was good for AUD and bad for GBP.

    Since then the pound-aussie rate has fluctuated around the 1.76 level (1 AUD = 0.56 GBP), but as we move through 2022 the prospect of more Australian interest rate rises sooner than expected could boost the Aussie dollar vs Sterling.

     GBP-AUD Forecasts


     


     

     

     

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