Highest remittance rate for converting 1 GBP to USD = 1.21
Many people are stuck between options when it comes to sending money from United Kingdom to Australia because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.
The global market gets smaller by the day thanks to the impact of technology on the international money transfer industry. Using online money transfer platforms and apps like XE Money, World Remit, Currency Fair and more, you can send money from UK to Australia in a matter of minutes.
The hardest part about sending money from UK to Australia is the fact that you need to conduct sound research before choosing the money transfer company to use. With Exchange Rate IQ on the other hand, all the hard work has been done and all you need to do is compare from the options below.
Because there are several money transfer services, it is good to ensure that you only settle for a service that best suits your needs. For that to be possible you should;
The GBP and AUD are not far apart in terms of value in the trade market exchange. However, it is good to know that money transfer companies have different rates. You can always find the updated rates across available transfer companies on Exchange Rate IQ.
Time plays an important role in money transfer and that is why at Exchange Rate IQ, we are always sure to let you know how long a particular service will take to transfer money from UK to Australia. Nevertheless, fast transactions always win even though some may come at a high cost.
The good thing about doing your homework or simply comparing on Exchange Rate IQ before transferring money from UK to Australia is, you will always find a better deal. That is because some companies charge favorable fee for large cash transfers and vice-versa.