FAQ About Sending Money to Australia

• What's the cheapest way to send money to Australia?

  The cheapest way to send money to Australia is through an online provider. Among the 57 available, Western Union was most often the cheapest provider (in 25.6% of the searches on Monito.com in the past 3 months).

• What are the best providers to send money to Australia?

  Here are the providers that were the most often the cheapest in the comparisons of the past 3 months on Monito.com:

  • Western Union (cheapest in 25.6% of the searches)
  • MoneyGram (cheapest in 14.4% of the searches)
  • Instarem (cheapest in 12.7% of the searches)
• How much does it cost to send money to Australia?

  If you send money with the cheapest available provider, the total cost of a transfer to AUD was %COUNTRY_TO_CHEAPEST_PROVIDER_COST%% of the transfer amount (including all fees and exchange rates) over the past month. Of course, this figure will vary based on the sending country, the pay-in and pay-out options

  In contrast, the cost of the most expensive option was %COUNTRY_TO_MOST_EXPENSIVE_PROVIDER_COST%% on average.

• What is the cost of making an international transfer to Australia using my bank?

  The average total cost (including hidden exchange rate markups) of making a transfer to Australia with banks compared by Monito.com during the past months was 7.2% of the transfer amount. This is 23.0x more expensive than sending money with the cheapest online provider alternative.

• Is PayPal a good option for sending money to Australia?

  It’s possible to send money to Australia with PayPal, but it’s expensive. The average cost of transfers to Australia with PayPal is %COUNTRY_TO_PAYPAL_COST%%, whereas the cheapest online services have an average cost of %COUNTRY_TO_CHEAPEST_PROVIDER_COST%% of the amount you send.

• Is Western Union good for sending money to Australia?

  Western Union is a popular provider with the biggest agent location network. The average cost of online money transfers to Australia with Western Union* is 0.9% of the amount you send, whereas the cheapest online services have an average cost of 0.3%. Western Union is the provider that is most often the cheapest for money transfers to a cash pick-up location in Australia.
  
  *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

• What's the cheapest cash pick-up provider in Australia?

  Over the past three months, the provider that was most often the cheapest for cash pick-up transfers in Australia was Western Union, with an average cost of 0.7% of the amount you send (which includes fees and exchange rate margins).
  
  The average total cost to send to a bank account rather than a pick-up location during the same period was 0.3%. Western Union was the provider most often the cheapest for transfers to bank accounts in Australia.

• What is the fastest option to send money to Australia?

  The provider that was most often the fastest on Monito's comparisons over the last three3 months was MoneyGram (average fastest transfer time: Same day)