ANZ Bank - AUD Rate Margin Analysis
The average AUD rate margin offered by ANZ Bank is 4.2%.
This average is based on individual AUD 10K transfer rates in the currency pairs from ANZ Bank that we monitor.
ANZ Bank - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by ANZ Bank for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
ANZ Bank Best Value Rates (Lowest Margins)
| Currency Pair |
ANZ Bank Rate |
Mid Market Rate |
Margin |
|
AUD/FJD
|
1.5123 |
1.5539 |
2.7% |
|
AUD/NZD
|
1.1644 |
1.1996 |
2.9% |
|
AUD/PLN
|
2.5556 |
2.6406 |
3.2% |
|
AUD/QAR
|
2.4612 |
2.5435 |
3.2% |
|
AUD/SEK
|
6.5150 |
6.7329 |
3.2% |
ANZ Bank Worst Value Rates (Highest Margins)
| Currency Pair |
ANZ Bank Rate |
Mid Market Rate |
Margin |
|
AUD/PGK
|
2.5170 |
3.0622 |
17.8% |
|
AUD/SBD
|
5.2214 |
5.6318 |
7.3% |
|
AUD/WST
|
1.7806 |
1.9163 |
7.1% |
|
AUD/XPF
|
68.78 |
72.87 |
5.6% |
|
AUD/VUV
|
79.57 |
83.37 |
4.6% |
ANZ Australia transfer fees and exchange rates
Eligible foreign-currency transfers cost A$0 through ANZ Plus, Internet Banking and Phone Banking. When a payment is sent in AUD, ANZ lists fees of up to A$15 through ANZ Plus, A$18 through Internet Banking and A$32 through Phone Banking. Different pricing applies to some Pacific destinations.
ANZ shows the customer exchange rate and applicable fees before confirmation. A $0 transfer fee does not mean a cost-free conversion: the difference between ANZ's customer rate and the mid-market rate can materially affect the recipient amount.
Correspondent fees are covered on selected currency and destination combinations. Otherwise, ANZ may estimate a correspondent fee in the quote, while the recipient bank can charge separately.
Compare ANZ rates from Australian dollars.
ANZ Australia commonly asked questions
How long does an ANZ Australia international transfer take?
ANZ publishes route-specific estimated arrival times. Some eligible faster-payment routes may arrive in minutes, other major-currency routes are estimated in hours, and standard payments may be shown as arriving within 48 hours. These estimates depend on the currency, amount, recipient bank, correct payment details and processing checks.
Is ANZ Australia regulated?
Australia and New Zealand Banking Group Limited is an authorised deposit-taking institution. It holds Australian Financial Services Licence and Australian Credit Licence 234527.
Is ANZ always the cheapest way to transfer money?
Not necessarily. Existing customers may value the convenience of sending from familiar ANZ banking, but a specialist provider may offer a better exchange rate or recipient amount. Compare the full cost immediately before sending.
What is the
ANZ Bank Send Money conversion rate for AUD to PLN?
The ANZ Bank AUD to PLN exchange rate is 2.5726. This is -2.8% compared to the latest AUD-PLN mid-market rate 2.6458.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Polish zloty (PLN) rates from different sources before making a conversion.
The above
ANZ Bank - Aussie to Zloty comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
ANZ Bank and other foreign exchange providers against the latest AUD-PLN mid-rate and the possible savings of using various providers.
How do ANZ Bank AUD-PLN rates compare between providers?
Looking at the full
AUD to PLN - Send Money comparison table the provider with the best AUD to PLN exchange rate is OFX at 2.6326, -0.5% from the latest mid-market rate 2.6458.
The next best is Wise at 2.6318, -0.53% from the mid-rate.
Then XE at 2.6299, which is -0.6% from the mid-rate.
The Western Union rate is 2.6061 which is -1.5% from the mid-rate.
Among the banks the Commonwealth Bank rate is 2.5224 at -4.7% the ANZ Bank rate is 2.5726 at -2.8% and the ING Bank rate is 2.2581 at -14.7% compared to the mid-rate 2.6458.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like ANZ Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
