Send Money to UK from Australia at Best Exchange Rates

Highest remittance rate for converting Australia Dollar to pound is 1 AUD = 0.57 GBP

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Best way to transfer money to UK from Australia

In the past few years, foreign exchange industry has experienced significant growth as people have started travelling a lot to foreign countries; they have shifted to other countries for the work purposes and want to send money back to their homes. The same growth has also seen on the AUD to GBP route, as more than 1.3 million Brits live in Australia. Due to this many companies have started offering their services on the path to provide higher exchange rates and low fees compared to the banks.

Therefore, on this page, we provide you with the top 6 companies offering “money transfer to UK from Australia”.

Please find the list of companies below in a sorted order which is providing the best money transfer services which offer the “cheapest way to send money to UK” with the highest exchange rates and low fee.

Country Guide - United Kingdom

Mid Market Rate

0.55

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Mid Market Rate

0.55

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee $ 0) $ 500
Receiving Amount
£ 282.75
Realized Exchange Rate
0.57
ofx AUD to GBP Exchange Rate
0.5655
Best Value

SEND NOW

Transfer Time :
Ofx is a one of the safest & leading money transfer service provider for sending money from Australia to United Kingdom for sending amount 500. Today’s Ofx exchange rate for sending money from AUD to GBP is 0.5655 with a $ 0 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 0.57. The pay in options available are Bank, also you can receive money using Bank, at multiple Ofx partner locations. The transfer time usually range between . For more detailed review of Ofx click here
Pay-In
Pay-Out
You Pay (Includes Fee $ 3.99) $ 503.99
Receiving Amount
£ 271
Realized Exchange Rate
0.54
worldremit AUD to GBP Exchange Rate
0.542
5.26% vs Best Value

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Transfer Time : 2-3 Days
Promoted
Worldremit is a one of the safest & leading money transfer service provider for sending money from Australia to United Kingdom for sending amount 500. Today’s Worldremit exchange rate for sending money from AUD to GBP is 0.542 with a $ 3.99 fee. Based on the Exchange Rate IQ calculations it offers 5.26% less than the best value for your money transfer. The realized exchange rate after considering the fees is 0.54. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bankdeposit, at multiple Worldremit partner locations. The transfer time usually range between 2-3 Days. For more detailed review of Worldremit click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 2.5) $ 504.5571
Receiving Amount
£ 274.3
Realized Exchange Rate
0.55
currencyfair AUD to GBP Exchange Rate
0.5486
3.51% vs Best Value

SEND NOW

Transfer Time : Same Day
Promoted
Currencyfair is a one of the safest & leading money transfer service provider for sending money from Australia to United Kingdom for sending amount 500. Today’s Currencyfair exchange rate for sending money from AUD to GBP is 0.5486 with a £ 2.5 fee. Based on the Exchange Rate IQ calculations it offers 3.51% less than the best value for your money transfer. The realized exchange rate after considering the fees is 0.55. The pay in options available are Bank, also you can receive money using Bank, at multiple Currencyfair partner locations. The transfer time usually range between Same Day. For more detailed review of Currencyfair click here
Pay-In
Pay-Out
You Pay (Includes Fee $ 2.5) $ 500
Receiving Amount
£ 274.6698
Realized Exchange Rate
0.55
instarem AUD to GBP Exchange Rate
0.5521
3.51% vs Best Value

SEND NOW

Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from Australia to United Kingdom for sending amount 500. Today’s Instarem exchange rate for sending money from AUD to GBP is 0.5521 with a $ 2.5 fee. Based on the Exchange Rate IQ calculations it offers 3.51% less than the best value for your money transfer. The realized exchange rate after considering the fees is 0.55. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here
Pay-In
Pay-Out
You Pay (Includes Fee $ 4) $ 504
Receiving Amount
£ 275
Realized Exchange Rate
0.55
orbitremit AUD to GBP Exchange Rate
0.55
3.51% vs Best Value

SEND NOW

Transfer Time : 1-2 Days
Orbitremit is a one of the safest & leading money transfer service provider for sending money from Australia to United Kingdom for sending amount 500. Today’s Orbitremit exchange rate for sending money from AUD to GBP is 0.55 with a $ 4 fee. Based on the Exchange Rate IQ calculations it offers 3.51% less than the best value for your money transfer. The realized exchange rate after considering the fees is 0.55. The pay in options available are Bank, also you can receive money using Bank, at multiple Orbitremit partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Orbitremit click here
Pay-In
Pay-Out
You Pay (Includes Fee $ 3.41) $ 500
Receiving Amount
£ 273.3231
Realized Exchange Rate
0.54
transferwise AUD to GBP Exchange Rate
0.5504
5.26% vs Best Value

SEND NOW

Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from Australia to United Kingdom for sending amount 500. Today’s Transferwise exchange rate for sending money from AUD to GBP is 0.5504 with a $ 3.41 fee. Based on the Exchange Rate IQ calculations it offers 5.26% less than the best value for your money transfer. The realized exchange rate after considering the fees is 0.54. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here

More Available Options

You can check rates of some more providers that may support your country
With Xendpay you get the best deal and make a big difference with every transfer
World First is a UK-based foreign exchange company. It offers currency exchange and international payments to private clients, corporate and e-Commerce clients in the UK and a number of other countries.
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
RemitWisely provides money transfer or remittance services from Australia to over 200 countries in the world with 30+ currencies in one platform.

Exchange Rate IQ Summary for Money Transfer From Australia to United Kingdom

  • Which is the best option available to send money from Australia to United Kingdom after comparison?
  • With our real-time comparison on sending money from Australia to United Kingdom ,
      we have found Ofx remittance services who are providing competitive exchange rates.
  • Top 3 companies are - ( Ofx, 0.57 ) ( Currencyfair, 0.55 ) ( Instarem, 0.55 ) .
  • To remit money in the bank account of United Kingdom, best companies is ( Ofx, 0.57 ).
  • Current money transfer offeres/promotions are available with Ofx, Worldremit, Currencyfair, Instarem money transfer services.
  • For quick money transfer from Australia to United Kingdom with agent service is Ofx with exchange rate 0.57.
  • Available pay in when sending money from Australia to United Kingdom Bank, Creditcard, Debitcard.
  • Available pay out when sending money from Australia to United Kingdom Bank, Bankdeposit.
  • Other options to transfer money from Australia to United Kingdom are Xendpay, Worldfirst, Travelex, Moneygram, Remitwisely .
  • The comparison result was last updated on Sep 15, 2019.
  • For the latest comparison result of Australia to United Kingdom, Please visit ExchangeRate IQ regularly.

CurrencyFair Vs TransferWise: Which is best?

Are you the one looking for a cheap and secure way to transfer money to UK from Australia? But you are still confused which would be the best bet, CurrencyFair or TransferWise, as both the companies are best when compared to the big banks as they charge more fees and offer low exchange rates. These companies can help you to save up to 85% more compared to bank transfers, but still one would be better than others, so let’s have a look:

Exchange rates:

Both companies have competitive exchange rates and close to existing market rates. However, many times CurrencyFair offers much better rates as you can choose your own rate, but you need to wait for customers to match you.

Transfer fees:

CurrencyFair has fixed transfer fees of €3 with 0.4% of the amount transferred. While TransferWise charges a fixed percentage of fees of the amount transferred. This might be higher when you transfer the large amount.

Transfer speed:

In most of the countries, CurrencyFair claims to provide same day transfers or transfers within 24 hours however TransferWise takes about 2-5 days to transfer money to the recipient. this shows CurrencyFair offers much faster services.

Debit and Credit cards:

TransferWise accepts all the kinds of Visa and MasterCards while CurrencyFair only accepts the cards issued by the Irish government. So, the residents of other countries could not transfer money using the debit and credit card on CurrencyFair.

So, if you want a fast transfer, you should choose CurrencyFair, but if you want to transfer with debit or credit card, you can choose TransferWise. Here we can say that both the companies are efficient in their places, you can choose the one which suits your requirements better.

FAQ's

How to transfer money from Australia to UK?

Transferring AUD to GBP at a fast, secure and affordable manner to the UK from Australia has multiple transfer options. You can send money to the UK from money transfer companies such as WorldRemit, CurrencyFair, TransferWise, InstaReM. You can also send money through the wire transfers provided by banks or can do bank account to a bank account transfer, which is a "cheapest way to send money to UK". Besides this, you can also global ACH payments in Australia to transfer money to UK.

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What are the tax implications for transferring money from Australia to UK?

If one sends money from Australia to UK, then there are no tax implications as the amount is already taxed in Australia. Suppose if you are domiciled, resident and ordinarily resident in the UK, then you will be liable to UK tax on your worldwide income and gains as they arise. This means that if you bring foreign income or capital into the UK, there is no tax charge on the transfer of the funds. This is because the foreign income and gains have already been taxed in the UK.

However, if you are transferring your income from Australia, you need to pay income tax on it according to the Australian Tax Office (ATO). You also need to provide the details of remittance, if the money transferred is more than AUD $10,000.

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How long does a bank transfer from Australia to UK take?

If you are transferring money from an Australian bank to the UK bank then it might take a long time from two to five days. However, many banks in UK use SWIFT transfers, which slow the process, but the top Australian banks have provided the estimated time, this is how long it should take:

  • Commonwealth: 2 to 5 days.
  • ANZ: 2 days.
  • Westpac: 2 Banking Days, but may take longer.
  • NAB: 3 days.
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What is the best way to send money to UK from Australia?

There are multiple ways to send money from Australia to UK but you should use the one which suits best for you. If you are looking for fast transfers, you can make a transfer from the credit card or wire transfers. You can also do cash pick-up which provides instant transfers on World Remit, Western Union and MoneyGram.

If there is no emergency and want the best value for your money, you can use the bank account to a bank account transfer services, which is offered by CurrencyFair, WorldRemit, TransferWise, OFX, etc. You can also use the services of global ACH or can make transfers using debit or credit card. Before transferring through debit or credit card, ensure that the card companies are not charging any extra fees. Other than this, you can transfer money to UK through demand draft and foreign checks.

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Historical Mid Market Exchange Rate From Australia Dollar (AUD) to Pound (GBP) (Weekly)

Current Exchange Rate(Mid Market) :- 0.55 GBP/AUD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion AUD To GBP

Send Australia Dollar To UNITED-KINGDOM Receive Pound
1 AUD TO GBP 0.55
50 AUD TO GBP 27.5
100 AUD TO GBP 55
250 AUD TO GBP 137.5
500 AUD TO GBP 275
1000 AUD TO GBP 550
5000 AUD TO GBP 2750
10000 AUD TO GBP 5500
Receive Pound Send Australia Dollar To UNITED-KINGDOM
1 GBP FROM AUD 1.82
50 GBP FROM AUD 90.91
100 GBP FROM AUD 181.82
250 GBP FROM AUD 454.55
500 GBP FROM AUD 909.09
1000 GBP FROM AUD 1818.18
5000 GBP FROM AUD 9090.91
10000 GBP FROM AUD 18181.82

Click To Compare Money Transfer Services For The Following

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