Best ways to send money into Australia
We've compared the cheapest, fastest and safest ways to send money to Australia. Take a look at our comparison table and our detailed review below.
Comparing 6 providers for your transfer of £5000 GBP to AUD
Wise cost breakdown
Wise's transfer fee is £16.35 and their exchange rate is 1.8635. Wise uses the mid-market rate, so that means no additional fees.
The total cost of this transaction is: the transfer fee of £16.35 + exchange rate fee £0.00 (Wise uses the mid-market rate) = £16.35.
This makes Wise the cheapest provider in the table to send £5,000.00 to AUD.
Read Wise review- Amount you send (fees included)£5,000.00
- Transfer fee£16.35
- Wise exchange rate1.8635
- Equal to the mid-market rate 1.8635
- Fee within the exchange rate£0.00
- Total cost£16.35
- Amount received$9,287.08
XE cost breakdown
XE's transfer fee is £0.00 and their exchange rate is 1.8523. That rate is lower than the mid-market rate of 1.8635, which will cost you £30.18.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £30.18 = £30.18
This makes XE the second cheapest provider in the table to send £5,000.00 to AUD.
Read XE review- Amount you send (fees included)£5,000.00
- Transfer fee£0.00
- XE exchange rate1.8523
- 0.6% lower than the mid-market rate 1.8635
- Fee within the exchange rate£30.18
- Total cost£30.18
- Amount received$9,261.64
CurrencyFair cost breakdown
CurrencyFair's transfer fee is £2.16 and their exchange rate is 1.8515. That rate is lower than the mid-market rate of 1.8635, which will cost you £32.43.
The total cost of this transaction is: the transfer fee of £2.16 + the exchange rate fee £32.43 = £34.59
This makes CurrencyFair the third cheapest provider in the table to send £5,000.00 to AUD.
Read CurrencyFair review- Amount you send (fees included)£5,000.00
- Transfer fee£2.16
- CurrencyFair exchange rate1.8515
- 0.64% lower than the mid-market rate 1.8635
- Fee within the exchange rate£32.43
- Total cost£34.59
- Amount received$9,253.50
TorFX cost breakdown
TorFX's transfer fee is £0.00 and their exchange rate is 1.8467. That rate is lower than the mid-market rate of 1.8635, which will cost you £45.41.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £45.41 = £45.41
This makes TorFX the fourth cheapest provider in the table to send £5,000.00 to AUD.
Read TorFX review- Amount you send (fees included)£5,000.00
- Transfer fee£0.00
- TorFX exchange rate1.8467
- 0.9% lower than the mid-market rate 1.8635
- Fee within the exchange rate£45.41
- Total cost£45.41
- Amount received$9,233.69
OFX cost breakdown
OFX's transfer fee is £0.00 and their exchange rate is 1.8403. That rate is lower than the mid-market rate of 1.8635, which will cost you £63.06.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £63.06 = £63.06
This makes OFX the fifth cheapest provider in the table to send £5,000.00 to AUD.
Read OFX review- Amount you send (fees included)£5,000.00
- Transfer fee£0.00
- OFX exchange rate1.8403
- 1.25% lower than the mid-market rate 1.8635
- Fee within the exchange rate£63.06
- Total cost£63.06
- Amount received$9,201.50
Remitly cost breakdown
Remitly's transfer fee is £0.00 and their exchange rate is 1.8362. That rate is lower than the mid-market rate of 1.8635, which will cost you £74.37.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £74.37 = £74.37
This makes Remitly the sixth cheapest provider in the table to send £5,000.00 to AUD.
Read Remitly review- Amount you send (fees included)£5,000.00
- Transfer fee£0.00
- Remitly exchange rate1.8362
- 1.47% lower than the mid-market rate 1.8635
- Fee within the exchange rate£74.37
- Total cost£74.37
- Amount received$9,181.00
How we found the best ways to send money
Our database includes 27 secure providers. For your specific transfer of £5000 from GBP to AUD, we found 6 providers that support this route and for the amount you want to send. We sort these by the cheapest total cost, displaying the freshest data available, whether via direct feed or manual collection. This process is never influenced by referral fees, ensuring you get a fair and transparent comparison every time. Learn more
Quick Verdict: The best ways to send money from United Kingdom to Australia
| Category | Winner | Key Stats |
|---|---|---|
| 💰Cheapest Cost | Wise | Total Fees: $16.35 |
| 📈Best Exchange Rate | Wise | Rate: 1.8635 |
| ⚡Fastest Transfer | Wise | Time: Instant-2 Days |
| ⭐Customer Favourite | TorFX | TrustScore: 4.9/5 |
You can transfer money from United Kingdom with a bank, or you can choose a specialist transfer provider. Often, these providers offer a faster, more efficient, and cheaper way to send money from United Kingdom to Australia.
How to send money to United Kingdom: Step-by-Step
The good news is that sending money from United Kingdom is easier than ever. Plus you can usually do everything with your phone or laptop - with no need to stand in line at a bank or money changer’s office. Here’s how to send money from United Kingdom in 5 simple steps:
- Choose a Money Transfer Service
- Enter the amount of money you want to transfer into our comparison tool
- Compare rates, fees, and delivery speed. You’ll see a range of options from reliable providers, so you can compare and pick the best for your specific transfer
- Consider user reviews and security features
- Register with your chosen provider
- Register with your chosen provider (e.g Wise, XE, CurrencyFair)
- Verify your ID if required
- Enter Recipient Details
- Add the recipient’s full name and bank details or email, depending on the method
- Add the recipient’s full name and bank details or email, depending on the method
- Select Amount and Currency
- Choose how much to send and the currency (e.g. GBP to AUD)
- Review exchange rates and fees upfront
- Pay for Your Transfer
- Choose from options like bank debit, credit card, apple/google pay or bank transfer (depending on what's available from the provider)
- Get confirmation and a tracking link if available
- Notify your recipient if needed
You can send money to Australia from United Kingdom using your bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.
FAQs: sending money from United Kingdom
The details you'll need to send money internationally from United Kingdom to Australia may vary by provider, and based on the value of the transfer. At a minimum, whenever you make an international bank transfer you will typically be asked for:
- BSB code
- Account number
You can't send money to Australia from United Kingdom for free. International transfers cost providers money to arrange, so there's always a fee somewhere to make sure that the business covers its costs and generates profit. However, many providers choose to make the fees you pay trickier to spot by adding them into the exchange rates used for transfers.
There is no official best time to send money from United Kingdom to Australia and that depends on a variety of factors such as when you need to send money or when you want the funds to be received. It’s also going to depend on a variety of other factors such as, the time when you send money or the fees you are offered by providers or banks.
When you’re sending a high value payment it’s especially important to do your research and find a provider which is safe and which offers low fees and great exchange rates. It’s also well worth comparing some providers based on transfer times, as the delivery time can also vary pretty widely.
Some international money transfer services offer discounts for high value transfers, either through lower fees or a better exchange rate. Use the Exiap cost comparison calculator to make sure you’re getting the very best deal available for your specific transfer.
While sending a high value payment works very similarly to sending any other transfer overseas, the provider may require additional information to verify the payment. You might be asked to prove the source of the funds, for example, to comply with local and international financial services legislation. If you’re sending a large amount of money you’ll also need to make sure the provider you’ve picked can support the amount, as maximum payment limits may apply.
To send money to Australia using one of the international money transfer providers in our tables, the fees range from 16.35 GBP with Wise to 74.37 GBP with Remitly (but the fee could be even higher with a bank). The exact cost depends a lot on where you’re sending money, how much you’re sending, how you want to pay, and how you want the payment to be received.
Typically sending money directly to a recipient’s bank account using a specialist service can be done with fairly low costs, while traditional bank transfer fees can be higher. Paying for your transfer with either a credit card or cash can often mean the fees crank up, too.
When you’re sending money internationally, don’t forget that the overall fee you pay can include the transfer fee, an extra charge wrapped up in the exchange rate used, and third party charges like a cash advance fee from your credit card issuer.
There is no legal limit on how much money can be sent to or from United Kingdom to Australia, although banks and other payment providers may impose their own limits.
Money transfer limits can vary quite widely between providers, and may also change depending on how you want to fund your transfer. You could find different limits in place when you pay by card compared to paying using a bank transfer, for example.




