How to transfer money to India from Australia at the best rate? 💸

Here’s how you send money to India from the Australia at the best rate: Check the INR exchange rate on Monito You can subscribe to our daily email alert to receive the INR exchange rate in your inbox or when it reaches a Two-Week High on Monito 💹. Compare money transfer service fees and exchange rates Enter the amount of your transfer, choose your desired delivery method, and compare the fees and exchange rates of all money transfer services at once. Choose the best provider for your next transfer Choose a provider that offers the lowest fees and the best AUD-INR exchange rate for your next transfer to India. Create an account with the best provider Add a beneficiary, fund your transfer, and click "send"! Your Australian dollars will be on their way to India at the best rate. Congrats! 💸

What's the cheapest way to send money from Australia to India?

A good rule of thumb 👍🏼: never send money from Australia to India with banks or cash-based money transfer services. They offer a poor AUD-INR exchange rate, which means that a huge cut of your money did not arrive with your beneficiary in India. The good news is that with Monito, you can find the cheapest money transfer services, which specialize in sending money from Australia to India .

What’s the best way to turn my Australian dollars into Indian rupees right now?

Here are the best way to exchange Australian dollars for rupees at this moment depending on your specific transfer needs: The cheapest ways to turn AUD into INR are through Skrill and CurrencyFair. The best-rated service on Monito.com that will allow you to turn Australian dollars into Indian rupees is TransferWise. The fastest ways to turn AUD into INR are through Skrill and WorldRemit.

Can I send money from Australia to India anonymously?

It is not possible to make a money transfer from Australia to India anonymously at this time. You need to be able to provide your name and information in order to make a transfer, as well as your beneficiary’s banking information, as India does not allow for cash pick ups or mobile top ups at this time and requires individuals to have a bank account in order to receive money.

Can I send money from Australia to India without fees?

While it isn’t always possible to send money internationally without fees, Monito sometimes has agreements with transfer providers who will exempt you of fees on your first transfers. If you’re transferring money from Australia to India and don’t want to pay any fees, WorldRemit exempts you of fees on your first three transfers made through Monito. When that isn’t possible, Monito’s comparison tool will always help you to find the transfer provider with the smallest fees when sending money from Australia to India.

What are the best apps to send money to India from Australia?

The transfer providers who have the best mobile apps and transfer to India are Remitly, Skrill, Transferwise, WorldRemit, and CurrencyFair.

What is the best way to send money to India from Australia instantly?

The fastest ways to send money to India from Australia are with providers like Skrill and WorldRemit who offer same day delivery.

Find the best ways to send money to India from Australia

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How to send money from Australia to India at the best rate?

We found 13 different money transfer providers available to make a transfer to India from Australia.

If the person you're sending money to wants to receive Indian rupees in her bank account in India, then XE Money Transfer currently offer the best deal you can get with no transfer fees and a competitive AUD-INR exchange rate (currently at 1 AUD = 56.1312 INR).

When taking the exchange rate and the fees into account, the total cost of your transfer with XE Money Transfer is -0.45 AUD, but the total cost would be 41.58 AUD (around -92x more) if you were to use Commonwealth Bank for the very same transfer.

For this transfer to India, you can also consider two other competitive money transfer providers: Remitly and Panda Remit.

The recipient of your transfer doesn't have a bank account? We also compare several money transfer companies able to send Indian rupees for cash pick-up in India: Remitly is at the moment the most competitive option with no transfer fees and a very competitive AUD-INR conversion rate (currently at 1 AUD = 56.06 INR).

This recommendation was updated a few minutes ago.

1 AUD = INR Mid-market exchange rate

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By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved nearly $40 million in total to date!
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For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
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Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice for your disposal.

Monito's Recommendations for Sending Money from Australia to India

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Australia to India:

Best Ways to Send Money from Australia to India

The cheapest: Remitly
The fastest: XE Money Transfer
The best mobile app: Wise
Best cash pick-up network in India: Western Union
The cheapest for large transfers: SingX

Living in India?

If you are living in India and want to receive money cheaply from your friends and loved ones abroad, then take a look at our in-depth guide here.

Best Rated Providers to Send Money from Australia to India

9.5

8.8

8.6

8.6

8.4

8.0

8.0

7.8

7.8

7.7

6.6

The Best Ways to Transfer Money from Australia to India

When you’re transferring money from Australian dollars (AUD) to rupees (INR), you want to keep your currency exchange fees to an absolute minimum. Monito helps you find the simplest, quickest, and most secure ways to convert your Australian dollars into rupees based on your specific needs.

Whatever your situation, Monito is dedicated to minimizing your fees and saving you money. Whether you’re going on holiday in India, helping out your family and friends, or handling daily expenses, we’ll share the cheapest and best money transfer providers. That way, you save on transfer fees and more rupees make it to your destination – making everyone happier!

You’re Probably Paying Too Much to Send Australian Dollars to India

Australian residents send around $2.8 billion AUD to India every year. Traditional banks, PayPal, and many currency exchange businesses charge unnecessarily high fees. Combined, these charges can add up to $140 million AUD in unnecessary fees every year — meaning that on average, each of Australia’s 600,000 Indian residents loses an extra $240 AUD in transfers.

What You Need to Know About Sending Money Internationally from Australia to India

Sending money to India from Australia is fast and simple, but it’s good to keep a couple of tips, tricks, and simple facts in mind when deciding how to make your international transfer.

How You Get Charged When You Transfer from AUD to INR

There are three main ways you overpay when you transfer money internationally:

Fixed Fee — this is a fixed AUD fee that banks and some other providers charge to convert and transfer money to India. It can be as much as $35 AUD.
Percentage Fee — this is a commission that you pay on the total amount you transfer, which means that the more you send, the more you pay. These percentage fees can range from under 0.5% to 2% or more.
Difference to Exchange Rate — this is where a currency provider offers a worse exchange rate than the standard exchange rate. This is what’s in play when for example, the standard exchange rate states that 1000 AUD is worth 49,300 INR, but a currency provider only sends 44,900 rupees to the beneficiary.

These fees can quickly add up, and your Australian bank is going to be one of the most expensive ways to transfer money. The way to significantly save on fees and find better offers is to use a specialist currency provider to send money from Australia to India. For example, sending $1,000 AUD to India will cost you just around $10 in fees with TransferWise, but over $40 in fees NAB, and over $80 in fees with ANZ.

When Monito compares money transfer providers, we take all the fees into account, and recommend the ones where your Australian dollars go furthest, while also letting you know who can make your transfer the fastest and give you more delivery options.

Note that the least expensive and fastest ways to transfer money between Australia and India changes over time, and can vary depending on how much you’re sending. The fastest provider right now might not be the fastest one next month.

That’s why the simplest and easiest way to make sure you’re getting the best deal is to use Monito’s money transfer comparison tool.

Paying In and Funding Options in Australia

Australian residents have a few ways to pay for a money transfer. Depending on the provider you choose to use, you can fund your transfer via credit card, debit card, bank transfer, or direct bank payment.

Money Collection Options in India

Unfortunately, when sending money from Australia to India, there are very few options for how your beneficiary can access their money. Due to Indian regulations, the beneficiary will need to have a bank account in India, in every case, where they can receive the money you send. As almost 200 million Indian residents don’t have a bank account, this could be an issue, so make sure to check with the beneficiary before sending!

Using a FOREX Provider for Sending Money from Australia to India

For higher-value transactions to India, you may choose to transfer funds using a foreign exchange (FOREX) broker, as you will receive personalized phone or email service and may be assigned a specialist account manager. A FOREX broker may offer multiple collection options for the person receiving the funds.

The Fastest and Cheapest Providers for Sending Money to India from Australia Right Now

The fees you pay to send money to India can change, depending on how much you’re transferring. Because of this, we’ve compared money transfer specialists over four different amounts:

Very low-value transfers of $200 AUD or less
Low-value transfers of $1,000 AUD
Medium-value transfers of $3,000 AUD
High-value transfers of $15,000 AUD or more

FAQ About Money Transfers to India from Australia

How to transfer money to India from Australia at the best rate? 💸
Here’s how you send money to India from the Australia at the best rate:
1. Check the INR exchange rate on Monito
  You can subscribe to our daily email alert to receive the INR exchange rate in your inbox or when it reaches a Two-Week High on Monito 💹.
2. Compare money transfer service fees and exchange rates
  Enter the amount of your transfer, choose your desired delivery method, and compare the fees and exchange rates of all money transfer services at once.
3. Choose the best provider for your next transfer
  Choose a provider that offers the lowest fees and the best AUD-INR exchange rate for your next transfer to India.
4. Create an account with the best provider
  Add a beneficiary, fund your transfer, and click "send"! Your Australian dollars will be on their way to India at the best rate. Congrats! 💸
What's the cheapest way to send money from Australia to India?

A good rule of thumb 👍🏼: never send money from Australia to India with banks or cash-based money transfer services. They offer a poor AUD-INR exchange rate, which means that a huge cut of your money did not arrive with your beneficiary in India.
The good news is that with Monito, you can find the cheapest money transfer services, which specialize in sending money from Australia to India.
What’s the best way to turn my Australian dollars into Indian rupees right now?
Here are the best way to exchange Australian dollars for rupees at this moment depending on your specific transfer needs:
- The cheapest ways to turn AUD into INR are through Skrill and CurrencyFair.
- The best-rated service on Monito.com that will allow you to turn Australian dollars into Indian rupees is TransferWise.
- The fastest ways to turn AUD into INR are through Skrill and WorldRemit.
Can I send money from Australia to India anonymously?

It is not possible to make a money transfer from Australia to India anonymously at this time. You need to be able to provide your name and information in order to make a transfer, as well as your beneficiary’s banking information, as India does not allow for cash pick ups or mobile top ups at this time and requires individuals to have a bank account in order to receive money.
Can I send money from Australia to India without fees?

While it isn’t always possible to send money internationally without fees, Monito sometimes has agreements with transfer providers who will exempt you of fees on your first transfers. If you’re transferring money from Australia to India and don’t want to pay any fees, WorldRemit exempts you of fees on your first three transfers made through Monito. When that isn’t possible, Monito’s comparison tool will always help you to find the transfer provider with the smallest fees when sending money from Australia to India.
What are the best apps to send money to India from Australia?

The transfer providers who have the best mobile apps and transfer to India are Remitly, Skrill, Transferwise, WorldRemit, and CurrencyFair.
What is the best way to send money to India from Australia instantly?

The fastest ways to send money to India from Australia are with providers like Skrill and WorldRemit who offer same day delivery.

See Monito's In-Depth Money Transfer Guides

Best Ways To Send Money Internationally

August 12, 2022 - by François Briod

Find the Fastest Way To Send Money Internationally

August 12, 2022 - by François Briod

Transfer Specialists vs Banks

July 8, 2021 - by Byron Mühlberg

The Best Money Transfer Services Ranked By Monito Score

June 7, 2021 - by François Briod

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

How can I use Monito to find the best option to send money to India?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to India, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to India.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito

Monito is Trusted by 15+ Millions Users across the globe.
Monito's experts spend hours researching and testing services
Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

Find the best ways to send money to India from Australia

Compare 13 providers for a 200 AUD transfer from Australia to India

How to send money from Australia to India at the best rate?

Get our email alerts

Monito's Recommendations for Sending Money from Australia to India

Best Ways to Send Money from Australia to India

Living in India?

Best Rated Providers to Send Money from Australia to India

The Best Ways to Transfer Money from Australia to India

You’re Probably Paying Too Much to Send Australian Dollars to India

What You Need to Know About Sending Money Internationally from Australia to India

How You Get Charged When You Transfer from AUD to INR

Paying In and Funding Options in Australia

Money Collection Options in India

Using a FOREX Provider for Sending Money from Australia to India

The Fastest and Cheapest Providers for Sending Money to India from Australia Right Now

FAQ About Money Transfers to India from Australia

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Why Trust Monito?

Mid-market exchange rate