ING Bank AUD to USD Transfers Compared

   

The AUD is under pressure, with the trade surplus at its lowest in 7+ years and PMIs signaling a slowdown in growth. Currently at 0.6595, the AUD/USD shows slight stability amid mixed market reactions. Analysts suggest potential recovery could occur if commodity prices hold

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

The ING Bank AUD to USD exchange rate is 0.6381. This is -3.4% compared to the latest AUD-USD mid-market rate 0.6603.

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 US dollar (USD) rates from different sources before making a conversion.

The above ING Bank - Aussie to Dollar 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-USD mid-rate and the possible savings of using various providers. 

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

The next best is XE at 0.6563, -0.61% from the mid-rate.

Then Wise at 0.656, which is -0.65% from the mid-rate.

The Western Union rate is 0.6537 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.6381 at -3.4% the ANZ Bank rate is 0.6365 at -3.6% and the ING Bank rate is 0.6381 at -3.4% compared to the mid-rate 0.6603.

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.