Compare money transfers from Australia to the United Kingdom

Send money from Australia to the UK

🪙 Cheapest to a bank account	InstaReM
💳 Best with credit card payment	Remitly and InstaReM
💶 Easiest cash pickup	Remitly and MoneyGram
🎁 Special offers for first transfers	MoneyGram

Are you a parent or guardian living in Australia who has a child or ward studying in the UK? Are there any challenges you experience when sending money for their upkeep? Or are you a business owner who makes numerous online payments and transfers from Australia to the United Kingdom? Or do you just have a need to send money and you are the best services that you can use? This article will help you with that and guide you to the best way to transfer money from Australia to the United Kingdom.

You need not bother about the slow processing time of traditional banks when you send money for personal or business reasons. Money transfer services offer the best service in transferring cash from Australia to the United Kingdom. They also offer different payment options and delivery methods. Hence, you can decide to choose any of the payment options that are available to wire money from Australia to the UK in the easiest way.

How to send money from Australia to the UK

The method of sending money using money transfer services is simple, user-friendly, and convenient. Customers who use these services only need to follow basic procedures, which are similar across most platforms.

The steps that are involved include the following:

1. Sign in on their platform and open an account
2. Initiate your transfer and fill in the recipient’s details
3. Choose a payment option for the transfer. It can select an e-transfer, debit, or credit card.
4. Click send and the platform handles the rest.

The best services that you can depend on to transfer your funds from Australia to the UK

• TransferWise: This online payment platform offers a multi-currency account that allows users to receive money from different parts of the world. The services of TransferWise is under regulations and supervision. Customers can also track their transactions.
• Commonwealth Bank: This is a multinational bank domicile in Australia. It delivers financial transactions for businesses and individuals to various parts of Europe, including the United Kingdom.
• Skrill: This is one of the best platforms for e-commerce business. They provide fast, secure, and low-cost money transfers and international transfers. Over 40 currencies are supported on their platform.
• CurrencyFair: They are popular for their low transaction fees, about 8 times cheaper than traditional banks. CurrencyFair also offers one of the most credible currency exchanges with its fast and secure service.
• WorldRemit: This is an online money transfer service that provides a reliable platform for money transfers. They also handle international remittance transactions.

Which service is best to use?

The services above are the best you can use to send money from Australia to the United Kingdom. However, there are certain yardsticks clients should measure and analyze each of these money transfer platforms before choosing which to use. These parameters include supported currencies, delivery methods, payment options, currency pairings, transaction fees, and processing time.

How much does it cost?

The fee for money transfers and currency exchanges differs from one service provider to the other. Nonetheless, the cost of transfers on most of them is about 0.1% and 0.6% of the total transfer amount. For currency exchanges, it depends on the marketplace index. A mark-up is often added to that price for currency pairings.