ING Bank AUD to SAR Transfers Compared

       

What is the ING Bank Send Money conversion rate for AUD to SAR?

The ING Bank AUD to SAR exchange rate is 2.3602. This is -5.3% compared to the latest AUD-SAR mid-market rate 2.4936.

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 Saudi riyal (SAR) rates from different sources before making a conversion.

The above ING Bank - Aussie to Riyal comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ING Bank and other foreign exchange providers against the latest AUD-SAR mid-rate and the possible savings of using various providers. 

How do ING Bank AUD-SAR rates compare between providers?

Looking at the full AUD to SAR - Send Money comparison table the provider with the best AUD to SAR exchange rate is Wise at 2.4774, -0.65% from the latest mid-market rate 2.4936.

The next best is Currencies Direct at 2.4737, -0.8% from the mid-rate.

Then Western Union at 2.4687, which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 2.3694 at -5% the ANZ Bank rate is 2.4170 at -3.1% and the ING Bank rate is 2.3602 at -5.3% compared to the mid-rate 2.4936.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ING 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.