Send money from UK to Australia at best rates

Highest remittance rate for converting pound to US Dollar is 1 GBP = 1.24 USD

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Best way to send money from UK to Australia

Let your money jump high like kangaroos by transferring them at low cost! Yeah, the banking transfer era has gone now as many money transfer companies are offering low-cost, high exchange rate transfers when you want to send money to Australia. As we see the population of the UK, more than 28% of estimated residents there were born overseas and approximately 0.5 million people are from Australia. So, most of them working in the UK looks for transferring GBP to AUD to their families and friends at the best rates possible. Henceforth, here is the comparison of companies which offer you the “best way to send money to Australia”. Many of you also look for the “cheapest way to transfer money to Australia”, so here we are providing you with 7 companies which are the best and cheapest.

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

Country Guide - Australia
Currencies:
GBP-AUD GBP-USD GBP-EUR
Sort By:
BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee $ 4) £ 503.202
Receiving Amount
$ 624.6
Realized Exchange Rate
1.24
currencyfair GBP to USD Exchange Rate
1.2492
Best Value

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Transfer Time : 1-2 Days
Promoted
Currencyfair is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Australia for sending amount 500. Today’s Currencyfair exchange rate for sending money from GBP to USD is 1.2492 with a $ 4 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 1.24. 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 1-2 Days. For more detailed review of Currencyfair click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 2.49) £ 500
Receiving Amount
$ 624.3253
Realized Exchange Rate
1.24
transferwise GBP to USD Exchange Rate
1.2549
Best Value

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Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Australia for sending amount 500. Today’s Transferwise exchange rate for sending money from GBP to USD is 1.2549 with a £ 2.49 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 1.24. The pay in options available are Bank, 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
Pay-In
Pay-Out
You Pay (Includes Fee £ 12) £ 512
Receiving Amount
$ 627.35
Realized Exchange Rate
1.23
azimo GBP to USD Exchange Rate
1.2547
0.81% vs Best Value

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Transfer Time : Same Day
Azimo is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Australia for sending amount 500. Today’s Azimo exchange rate for sending money from GBP to USD is 1.2547 with a £ 12 fee. Based on the Exchange Rate IQ calculations it offers 0.81% less than the best value for your money transfer. The realized exchange rate after considering the fees is 1.23. The pay in options available are Bank, also you can receive money using Bank, at multiple Azimo partner locations. The transfer time usually range between Same Day. For more detailed review of Azimo click here

More Available Options

You can check rates of some more providers that may support your country
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
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. 
Money2anywhere is a product of UAE Exchange LLC Ltd which has its presence in more than 30 countries with over 150 correspondent banking relationships.
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
Post Office aspires to be at the very heart of customers choice by becoming the most trusted provider of essential services to every person in the land.

Money Transfer Summary

By Exchangerate IQ
  • Currencyfair, Transferwise offering best value with the highest realized exchange rate today.
  • the fastest money transfer service to send money from United Kingdom to Australia.
  • Offers are available on Currencyfair, Azimo money transfer services.
  • Available pay in when sending money from United Kingdom to Australia Bank.
  • Available pay out when sending money from United Kingdom to Australia Bank.
  • 3 money transfer services are available to send money from United Kingdom to Australia.
  • The comparison result was last updated on Jul 18, 2019.
  • Money transfer guide for "Australia" leads you to get better understanding of compare remit.
  • Check Xemoneytransfer, Westernunion, Xendpay, Worldfirst, Travelex, Money2anywhere, Moneygram, Postoffice also when sending money to Australia from United Kingdom.These money transfer services might support it.
  • For the latest comparison result of United Kingdom to Australia, Please visit ExchangeRate IQ regularly.

UK to Australia Money Transfer- Why not to use bank transfer?

International money transfer has been coming up with various cheap options as companies are continuously researching the market and people also want fee-free transfers. On the other hand, banks charge high fees and also offer low exchange rates for making a profit, as their primary service is providing banking solutions. Hence, money transfers are just a way of income for most of the banks while money transfer companies buy foreign currencies in bulk and pass all the savings to its customers. Few companies such as CurrencyFair uses peer-to-peer money transfer technology which also saves a lot of cost for people as well as companies. Therefore, it is advised to the users to transfer money through remittance companies rather than banks.

Many of the users also come to us with a question that “how long does a bank transfer from Australia to UK take”, then you must know that most of the banks take approximately 3-5 working days to transfer your money to the recipient. On the other hand, the money transfer companies can also transfer money instantly in hours through their express transfer option if you are transferring it for an emergency purpose. For this, you need to select the fast transfer option provided by the companies on the transaction page.

Emergency money transfer to Australia from UK

If you wish to send money in an emergency, TransferWise and WorldRemit provide fast transfers. WorldRemit also offers cash pickup services, so if you want to send money in the form of cash, you can use the services of WorldRemit.

Although, companies charge extra fees for transferring money faster and also on cash pickups, so if you are ready to pay some extra buck, you can use these services. Other than WorldRemit, Western Union and MoneyGram also offers the cash transfers but they charge high fees from customers.

Know more about sending money to Australia:

To know more about the money transfer companies, their fees, minimum and maximum transfer amount, read the reviews of them here:

  1. CurrencyFair Review
  2. WorldRemit Review
  3. OFX Review
  4. Azimo Review
  5. TransferWise Review

FAQ's

What is the cheapest way to send money to Australia from the UK?

CurrencyFair, WorldRemit, XE Money Transfer and InstaReM are some of the cheapest ways to send money from the UK to Australia. These companies either do not charge any fees or have flat fees, which is cheaper than the per cent of fees on the amount transferred.

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What is the best way to send money to Australian bank account from the UK?

Most of the money transfer companies offer transfers to the bank account directly with the lowest fees possible and lower per cent of margin on the exchange rate. Therefore, bank transfers considered as the best way to send money. So, you can do bank transfers from WorldRemit, OFX, Azimo, TransferWise, XE Money transfer, etc.

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What is the safest way to send money to Australia from the UK?

All the companies that are listed on Exchange Rates IQ are registered with top authorities in multiple companies so that they can provide their services and customers can trust them. So, you can trust the companies listed above for making the online transfer as most of them are the safest money transfer companies.

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Can I send cash to Australia from the UK?

Yes. You can send cash to Australia from the UK by using the services of Western Union, MoneyGram, WorldRemit, Ria Money transfer, etc. These companies have agents across the globe who will transfer money to the recipient in the form of cash in an instant manner.

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