In short, the best way to send money out of Australia will be through a money transfer company. For quick options, Wise is a great all-rounder for small transfers, with Regency FX best for larger amounts of AUD that need to be sent.
Using a money transfer company means pricing is clear, and the transfer is faster. You'll also get access to companies regulated by the Australian Securities and Investments Commission (ASIC).
All-in-all, if you need to move money out of Australia, there's plenty of options.
The best companies for sending money from Australia
Company | Key features | Rating | Pricing |
|---|---|---|---|
Wise | Comes with a multi-currency account for spending, 96% of transfers on the same day, Supports over 70 currencies | ⭐⭐⭐⭐⭐ | No exchange rate + fees of 0.33% - open an account |
RegencyFX | Currency exchange specialists, Great for large transfers, Regular payments supported | ⭐⭐⭐⭐⭐ | No fees + competitive rates agreed per transfer - get a quote |
Xe | Fast transfers, 24/7 support, App with rate alert and currency tools included | ⭐⭐⭐⭐ | No fees and rates from 0.6% - open an account |
OFX | 24/7 customer support, App for regular payments, Currency risk tools like forward contracts | ⭐⭐⭐⭐ | No fees and rates from 0.5% - open an account |
Instarem | Most transfers same day, Has a rewards scheme to earn money on each transfer leaving Australia | ⭐⭐⭐⭐ | No fees and rates from 0.5% - open an account |
WorldRemit | Offers access to alternative pick up methods like Airtime, Transfers from Australia are often complete in minutes | ⭐⭐⭐ | No fees and rates from 1.3% - open an account |
Remitly | Offers cash pickup across a lot of Asian markets | ⭐⭐⭐ | No fees and rates from 1.3% - open an account |
Send money from Australia to...
There's plenty of options for sending money abroad from Australia. We've outline the most popular options initially, but you can also pick by continent.
Popular transfers
Pick a country by continent
Africa
Asia
Europe
North America
Oceania
South America
All countries and transfer routes around the world are covered in our rate search.
Get the best deal on transfers out of Australia
By using a money transfer company it is easy to get a great deal on sending money out of Australia. Following these steps can help.
Track the exchange rate
Getting the best deal on a money transfer can mean sending at the right time. Tracking the AUD mid-market exchange rate is a great way to gain an understanding of how the rate changes over time.
Avoid using your bank
A money transfer company in Australia will often be the fastest and cheapest way to send money to anywhere in the world. Here's how our top pick, Wise, stacks up against Australian banks.
Bank Name | Exchange rate | Sending fees | Receiving fees |
|---|---|---|---|
Wise | 0% | 0.33% | 0% |
NAB | from 3% | 30 AUD | 30 AUD |
Westpac | 4.50% | No fees | 12 AUD |
Commonwealth Bank | 4.25% | 6 AUD | 35 AUD |
ANZ | 1.80% | from 5 AUD | 15 AUD |
BOQ | 4% to 4.5% | 1% (minimum 5 AUD) | 15 AUD |
