Loading...

Home pages - full list (A-Z)

Compare GBP to AUD foreign transfers

Use our comparison table to find the best exchange rates for Australian Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
£GBP
$AUD

Compare Deals
Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee GBPTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
9,113.5 AUD
Best Overall
1.822700.84%Bank Transfers - Online & Phone1-2 days
 
OFX logo
9,123 AUD
9.5 AUD
1.8246£0^0.74%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
HSBC logo
8,931.08 AUD
182 AUD
1.7889£7.52.83%Online, Branch, Bank Transfers2-3 days
 
Natwest Bank logo
8,881.28 AUD
232 AUD
1.7816153.37%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
8,842 AUD
271 AUD
1.7736153.8%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
8,841.23 AUD
272 AUD
1.7725123.81%Online, Branch, Bank Transfers2-3 days
Santander International Money Transfers
 
Santander logo
8,790.7 AUD
323 AUD
1.7652204.36%Online, Branch, Bank Transfers2-3 days
 
Lloyds TSB logo
8,763.31 AUD
350 AUD
1.7597204.65%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:
Exchange Rate:1.8227 (0.84% from mid-rate)
AUD amount:9,113.5 AUD
Total Cost:0.84%
Time:20:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX: Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:1.8246 (0.74% from mid-rate)
AUD amount:9,123 AUD
Total Cost:0.74%
Difference:
9.5 AUD more than using TorFX
Time:
Rate Fetched: Thu Apr 25 2019 18:09:15 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:1.7889 (2.68% from mid-rate)
AUD amount:8,931.08 AUD
Total Cost:2.83%
Difference:
182 AUD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logoNatwest Bank

Natwest Bank: Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:1.7816 (3.08% from mid-rate)
AUD amount:8,881.28 AUD
Total Cost:3.37%
Difference:
232 AUD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:1.7597 (4.27% from mid-rate)
AUD amount:8,842 AUD
Total Cost:3.8%
Difference:
271 AUD less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Citibank logoCitibank

Citibank: Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:12
Exchange Rate:1.7725 (3.57% from mid-rate)
AUD amount:8,841.23 AUD
Total Cost:3.81%
Difference:
272 AUD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logoSantander

Santander: Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:1.7652 (3.97% from mid-rate)
AUD amount:8,790.7 AUD
Total Cost:4.36%
Difference:
323 AUD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logoLloyds TSB

Lloyds TSB: Foreign Transfer GBP→AUD
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:1.7597 (4.27% from mid-rate)
AUD amount:8,763.31 AUD
Total Cost:4.65%
Difference:
350 AUD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the GBP-AUD mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market GBP-AUD exchange rate.

Currency news and forecasts for British Pound Sterling and Australian Dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the GBP vs AUD, you should pay attention to both British Pound Sterling and Australian Dollar news and forecasts.

British Pound Sterling (GBP) - Market news and forecasts

Update 14-April: The pound hovered between US$1.30 and US$1.31 (in line with 3-month averages) after the EU granted the UK a Brexit extension until the end of October. No-deal risk is gone for now and anything is possible, including a new British prime minister, a general election and/or second referendum.

Experts at MUFG said in April that sterling would likely trade between US$1.30 and US$1.34 until more clarity emerged.

If an election is called, the pound could depreciate to US$1.24, a UBS analyst said, due to “heightened uncertainty” (the opposition Labour party is consistently ahead in the polls).

Goldman Sachs said in April that sterling was set for a “big finish” (higher) once the gridlock in the UK parliament ends and a deal is agreed and certainty found.

Earlier this year, currency analysts at HSBC estimated that the pound would be valued at levels near US$1.10 in the event of no-deal, near US$1.45 with a deal and at US$1.55 if Brexit is cancelled.

Australian Dollar (AUD) - Market news and forecasts

April 25: The Aussie dollar was in the trenches on Anzac day after a disappointing inflation figure saw the Australian dollar plunge 1 per cent. The headline inflation was below estimates for a 0.2 per cent rise and unchanged from the previous quarter. This has prompted predictions the Reserve Bank of Australia could cut rates at its next meeting in May, in the middle of an election campaign. This is causing headwinds for the Aussie.

Prior to this inflation induced drop, improved risk appetite, thriving commodities markets and better data from China helped lift the Australian dollar through March and into the second half of April. Against the US dollar, the Aussie was quoted at US$0.715 on April-22.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in April for US$0.66 based on housing market weakness, high debt-to-GDP levels and continued strength in the US dollar.

Bearishness wasn’t unanimous, though, with NAB forecasting Aussie appreciation at least until mid-year; it predicted US$0.74 by the end of June.

The RBA will be happy with a weaker currency, HSBC said. The central bank has recently shifted to a dovish bias (what should be an across-the-board negative for AUD), saying lower Australian interest rates will “likely be appropriate” if inflation doesn’t pick up.