Question 1

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

Accepted Answer

Today, Wise delivers the highest amount — A$1,878 for every £1,000 sent, at a rate of 1.8851 AUD per GBP. Compare every provider's true cost (rate plus fee) above before deciding.

Question 2

What is today's GBP to AUD exchange rate?

Accepted Answer

The mid-market rate right now is approximately 1 GBP = 1.8851 AUD. This is the rate banks use among themselves — providers add a margin on top, which is why the rate you actually get is lower.

Question 3

How much does it cost to send £1,000 to Australia?

Accepted Answer

Costs vary significantly. The best provider (Wise) gives you A$1,878 after fees. The worst (Santander UK) only gives you A$1,784. That's a difference of A$94 on a single £1,000 transfer.

Question 4

How long do transfers take?

Accepted Answer

Speed varies by provider and payment method. Wise typically completes in within 1 hr. Cash pickup networks like MoneyGram, Western Union and Xoom are usually fastest (minutes). Bank wires and ACH transfers can take 1–3 business days.

Question 5

Are there taxes on sending money to Australia?

Accepted Answer

In most cases, sending money internationally is not taxable for the sender. However, large transfers (typically over $10,000 USD or equivalent) may require reporting to financial authorities such as FinCEN in the US or HMRC in the UK. The recipient country may have its own rules. Always check with a tax professional for your situation.

Provider	Fee	Rate	Recipient gets	Speed
1 WiseBest value	GBP 3.88	1.8851	A$1,878	Within 1 hr	Send
2 Remitly	GBP 0.99	1.8744	A$1,873	Minutes	Send
3 Instarem	Free	1.8725	A$1,873	Same day	Send
4 HSBC	Free	1.8684	A$1,868	1–3 days	Send
5 Western Union	GBP 2.99	1.8637	A$1,858	Minutes	Send
6 Xoom	GBP 1.49	1.8590	A$1,856	Minutes	Send
7 NatWest	Free	1.8415	A$1,842	1–3 days	Send
8 RBS	Free	1.8415	A$1,842	1–3 days	Send
9 Barclays	Free	1.8323	A$1,832	1–3 days	Send
10 Skrill	Free	1.8312	A$1,831	Same day	Send
11 OFX	GBP 7.00	1.8432	A$1,830	1–2 days	Send
12 Monese	GBP 30.00	1.8842	A$1,828	1–3 days	Send
13 Nationwide	GBP 15.00	1.8449	A$1,817	1–3 days	Send
14 PayPal	GBP 2.99	1.8042	A$1,799	Minutes	Send
15 Halifax	GBP 9.50	1.8160	A$1,799	1–3 days	Send
16 Lloyds	GBP 9.50	1.8158	A$1,799	1–3 days	Send
17 Santander UK	GBP 25.00	1.8293	A$1,784	1–3 days	Send

Send Money from UK to Australia — Best GBP/AUD Rates

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