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Westpac GBP to AUD Transfers Compared

GBP-AUD Rate Calculator

 
 
   
   
   
   
   
 

Compare Westpac Exchange Rates & Fees - Save Time & Money

 

The live mid-rate GBP to AUD exchange rate is 1.9150.

Westpac Bank FX at a glance

Westpac is one of the largest banks in Australia, offering a range of financial products and services including personal and business banking, wealth management, and investment services. The bank was established in 1817 and has a long history of serving the Australian community.

How do Westpac transfer exchange rates compare?

Westpac bank allows its customers to buy and sell a range of major and minor currencies for international travel, trade, and investment.

Sending or receiving international transfers to or from your Westpac bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

Transfers to Cambodia, Ghana, Indonesia, Laos, Mexico, Pakistan, Philippines, Thailand, and Vietnam are only available for amounts AUD $1,000 and above, or the foreign currency equivalent value.

Westpac Bank does allow you to request a real-time FX rate request, prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.

 
 
   

What is the best Send Money conversion rate for GBP to AUD?

The best GBP to AUD exchange rate is 1.9105 from Wise. This is -0.23% compared to the mid-market rate 1.9150.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Australian dollar (AUD) rates from different sources before making a conversion.

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

How do Westpac GBP-AUD rates compare between providers?

Looking at the full GBP to AUD - Send Money comparison table the provider with the best GBP to AUD exchange rate is Wise at 1.9105, -0.23% from the latest mid-market rate 1.9150.

The next best is OFX at 1.9054, -0.5% from the mid-rate.

Then XE at 1.9035, which is -0.6% from the mid-rate.

The Western Union rate is 1.8863 which is -1.5% from the mid-rate.

Among the banks the Lloyds Bank rate is 1.8193 at -5% the Royal Bank of Scotland rate is 1.8307 at -4.4% and the Barclays Bank rate is 1.825 at -4.7% compared to the mid-rate 1.9150.

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

 

View a full list of exchange rates by selecting your Base (from) currency: