Instant Money Transfers From Australia

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Table of contents

When you need money to arrive fast, the method you choose matters more than the provider you pick.

Just like with anything related to money transfers abroad, the speed will be highly individual based on multiple factors.

This is why we suggest running a live search using the form below.

Money Transfer Comparison

Fill in the form and we’ll find you the best rates.

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At a glance

Here are the fastest ways to send money from Australia:

  • Wise: fastest overall, and it shows the delivery time before you send

  • Revolut: instant for sending to family on the same app

  • Western Union: fastest for cash in hand

  • TapTap Send: fastest to Asia, straight to a mobile wallet

  • Rocket Remit: fastest to the Pacific

  • OFX: best for large transfers, where getting it set up right matters more than raw speed

  • Xe: fastest for less common currencies

Ways to send money abroad instantly

How fast your transfer completes depends mostly on how the money travels to the other end.

There are four main ways:

To a bank account

The most common one, where money arrives in the recipient's bank account.

Speed depends on the network used:

  • Send through your own bank and it goes via SWIFT, which usually takes 1 to 5 working days.

  • Send the same transfer through a specialist like Wise or Revolut and it can arrive in minutes.

That's because money transfer services use local bank accounts around the world, so your money never really crosses the border.

Same-provider transfer

The fastest way to send, but limited.

If you and the recipient are both on the same app (Wise to Wise, Revolut to Revolut, etc), the money moves inside that provider's system instead of crossing the banking network.

It's usually instant and almost always free.

Cash pickup

The most flexible, and often the fastest way to reach someone without a bank account.

The recipient collects cash at an agent location.

Western Union and MoneyGram run huge pickup networks, and funds are usually ready in minutes.

It costs more than the other methods, and your recipient will need to go to the agent store to collect (this also adds time).

Mobile wallet

Money sent straight to a mobile wallet like GCash in the Philippines or M-PAiSA in Fiji.

The recipient gets it on their phone within minutes, no bank account needed.

This only works for supported wallets, and not every provider offers it.

TapTap Send, WorldRemit and Wise are good options here.

Compare transfer methods

Our live comparisons now compare deposit and withdrawal options too, including mobile wallets.

So you can see which method is fastest for your route before you send.

Why not just use a bank?

You can send AUD abroad straight from your bank.

It's just the slowest and priciest way to do it.

Inside Australia, banks are fast. A PayID or Osko payment will arrive in seconds, any time of day. But that speed is domestic only.

The moment your money leaves the country, it switches to SWIFT.

That's a messaging network that hops your payment through a chain of intermediary banks before it reaches the recipient.

Each “hop” takes time and takes a small cut.

The fastest ways to send money

Like any transfer, the fastest option depends on the amount and the destination.

So it's always worth running a quick comparison for your exact amount and destination.

Overall fastest
Wise
9.2
Wise
Fees
0.1% - 2.6%
Exchange Rate Markup
0%
Exchange Rate
Minutes - 24 hours
Visit

"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Fastest for expats
Revolut
8.8
Revolut
Fees
0.3% - 1%
Exchange Rate Markup
0.1% - 0.6%
Exchange Rate
Minutes - 5 days
Visit

"Revolut has 70+ million customers globally. You can hold up to 25+ currencies in the app and send money quickly in 25+ currencies to 140+ countries."

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Instant cash pickup
Western Union
8.1
Western Union
Fees
None
Exchange Rate Markup
0.2% - 1.5%
Exchange Rate
1 - 5 days
Visit
Fastest to the Pacific
Rocket Remit
?
Rocket Remit
Fees
Exchange Rate Markup
Exchange Rate
Visit
Fastest for large transfers
OFX
8.5
OFX
Fees
None
Exchange Rate Markup
0.4% - 1.5%
Exchange Rate
Minutes - 24 hours
Visit

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fastest for exotic currencies
Xe
8.6
Xe
Fees
$1.99 - $2.99
Exchange Rate Markup
0.3% - 2.1%
Exchange Rate
Minutes - 24 hours
Visit

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

For B2B transfers in Australia

Fastest business payments
Airwallex
8.8
Airwallex
Transfer Fees
No fees
Exchange Rate Markup
0.5%
Transfer Speed
Minutes - 24 hours
Visit

"Airwallex offers a comprehensive financial platform for businesses. Make global transfers to 150+ countries, receive funds in 20+ currencies. Connect with popular software for a seamless approach."

Wise

One of the fastest ways to send money abroad is Wise.

Based on our data, 74% of Wise transfers land in under 20 seconds, and 95% within 24 hours.

The best part is Wise shows you exactly how long the transfer will take before you sign up.

I really wish every money transfer company did this.

The main delay is the gap between funding the transfer and it reaching Wise.

So to keep it fast, fund by PayID/Osko, debit card, or Apple/Google Pay rather than a manual bank transfer.

In the years I've used Wise, it's never once delayed a deposit or a transfer for me.

Though I mostly send from their multi-currency account.

The one time it's not the fastest is large transfers, think A$50,000 and up.

For those you fund by bank transfer, which can add a delay from your bank rather than Wise.

At that size a broker like OFX is usually a better option anyway.

Here are a few examples of Wise's transfer times:

AUD
CorridorTransfer speed
AUD / EURWithin minutes
AUD / GBPWithin minutes
AUD / IDRWithin minutes
AUD / INRWithin minutes
AUD / NPRWithin an hour
AUD / NZDNext day
AUD / PHPSame day
AUD / USDSame day
Last updated at 30/07/2026
Scroll for more
Wise
9.2
Wise
Fees
0.1% - 2.6%
Exchange Rate Markup
0%
Transfer Speed
Minutes - 24 hours
Visit

"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Revolut

Revolut is the fastest options for expats sending money home.

If you're in Australia sending money home, or you need family to send it to you, Revolut is the fastest app for it.

This is largely because of the Revolut-to-Revolut transfers (also called P2P).

If both people are on Revolut, the money moves inside their system instantly, and for free.

Wise does this too, the difference is where each one is available.

I send money to my family in Lithuania, and my wife sends money to her sister in Latvia. I use it more than Wise, but only because our family and friends are all on Revolut.

The obvious downside is that you both need to have Revolut. If it’s not supported in your recipient's country you can’t use it.

But, it is available in more countries than Wise, which is why I think it’s a better option.

Transfers to non-Revolut accounts are still fast, but not always.

As of July 2026, Revolut is a licensed bank in Australia, meaning your AUD balance (not foreign) is protected by the Financial Claims Scheme up to A$250,000, the same scheme that covers the big banks.

Here are a few examples of Revolut's transfer times:

AUD
CorridorTransfer speed
AUD / EURWithin minutes
AUD / GBPWithin minutes
AUD / IDRWithin minutes
AUD / INRWithin minutes
AUD / NPRWithin minutes
AUD / NZDSame day
AUD / PHPWithin minutes
AUD / USDSame day
Last updated at 30/07/2026
Scroll for more
Revolut
8.8
Revolut
Fees
0.3% - 1%
Exchange Rate Markup
0.1% - 0.6%
Transfer Speed
Minutes - 5 days
Visit

"Revolut has 70+ million customers globally. You can hold up to 25+ currencies in the app and send money quickly in 25+ currencies to 140+ countries."

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Western Union

Western Union has the fastest cash pickup service.

Cash pickup is almost always instant, but it's also more expensive compared to other options.

Western Union has the biggest agent network of any provider.

To be honest, both MoneyGram and Western Union have huge networks. Whichever one is closer to your recipient is the one you should pick.

If both are close, WU is usually cheaper on small transfers (a few hundred AUD) while MoneyGram has better promos so they are generally cheaper on slightly larger amounts.

With Western Union, you set up the pickup, pay online or in the app, and the money is ready to collect in minutes.

To collect, the recipient needs an ID, and their name has to match the transfer exactly.

Western Union
8.1
Western Union
Fees
None
Exchange Rate Markup
0.2% - 1.5%
Transfer Speed
1 - 5 days
Visit

Rocket Remit

Rocket Remit is the fastest option for transfers to Pacific.

Transfers to Pacific destinations like Fiji, Tonga and Samoa are usually instant with Rocket Remit, straight to a mobile wallet or an agent for pickup.

Pacific routes cost more than others across every provider, because the payout networks are not as developed there.

Wise also covers the Pacific, but it only allows bank deposits which are slower.

Similar to Rocket Remit, OrbitRemit is another good option.

But these two compete on various offers so you’ll need to compare before picking one.

Rocket Remit
?
Rocket Remit
Fees
Exchange Rate Markup
Transfer Speed
Visit

OFX

OFX is the fastest way to send large amounts abroad.

For large transfers, think A$50,000 and up, the fastest is more about the safety and the process rather than about the speed.

At that size the delays come from the checks along the way, your bank flagging it, or a compliance review.

OFX is a good option for big transfers.

It's an Australian company, and has been moving large sums of money for years, and you get a real person to deal with (an account manager).

Your account manager preps everything, locks in the rate, and walks you through the process so nothing gets held up.

You will not get the same experience with the app based provider.

TorFX is just as good here, in my opinion. The main difference is coverage, so check both for your destination.

One thing that speeds up a big transfer, tell your own bank before you send, so they don't pause it for a check.

Here are a few examples of OFX's transfer times:

AUD
CorridorTransfer speed
AUD / EUR6-12 Hours
AUD / GBP6-12 Hours
AUD / IDR6-12 Hours
AUD / INR6-12 Hours
AUD / NZD6-12 Hours
AUD / PHP6-12 Hours
AUD / USD6-12 Hours
Last updated at 30/07/2026
Scroll for more
OFX
8.5
OFX
Fees
None
Exchange Rate Markup
0.4% - 1.5%
Transfer Speed
Minutes - 24 hours
Visit

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Xe

Xe is the fastest way to send exotic currencies.

If you're sending to a less common currency, Xe is usually your fastest reliable option, because it reaches places that many other apps just can’t.

Xe covers 190+ countries and 100+ currencies, one of the biggest networks out there.

In practice that makes it the fastest for the destinations almost no one else covers, brokers aside.

And even for the common destinations, over 90% of Xe transfers arrive within 24 hours, and card-funded ones are quicker than bank transfers.

It's usually a bit more expensive than Wise, so it makes the most sense for medium amounts to routes where your options are thin.

Here are a few examples of Xe's transfer times:

AUD
CorridorTransfer speed
AUD / EUR6-12 Hours
AUD / GBP6-12 Hours
AUD / IDR6-12 Hours
AUD / INR6-12 Hours
AUD / NPR6-12 Hours
AUD / NZD6-12 Hours
AUD / PHP6-12 Hours
AUD / USD6-12 Hours
Last updated at 30/07/2026
Scroll for more
Xe
8.6
Xe
Fees
$1.99 - $2.99
Exchange Rate Markup
0.3% - 2.1%
Transfer Speed
Minutes - 24 hours
Visit

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Airwallex

Airwallex is the fastest option for B2B transfers.

For B2B transfers, fast usually means paying a lot of people at once, quickly and cheaply.

Airwallex is one of the fastest options for that (and it happens to be originally from Melbourne).

The speed comes from local accounts.

Airwallex gives you local accounts across the US, UK, Europe, Asia and more, so paying a supplier abroad is a local transfer at their end, not a slow SWIFT.

Local-account transfers usually arrive the same day. You can also run batch payments to a lot of recipients at once, so payroll or a run of supplier payments goes out in one go.

That same-day speed applies to the major local-account corridors though, not everywhere.

Transfers to countries with weaker banking infrastructure can take a few days, and anything on SWIFT is slower and carries a fee.

Airwallex
8.8
Airwallex
Transfer Fees
No fees
Exchange Rate Markup
0.5%
Transfer Speed
Minutes - 24 hours
Visit

"Airwallex offers a comprehensive financial platform for businesses. Make global transfers to 150+ countries, receive funds in 20+ currencies. Connect with popular software for a seamless approach."

Fastest within Australia

If you're paying someone inside Australia, it's about as instant as it gets.

PayID and Osko transfer money in seconds, any time of day, including weekends, with none of the cutoff times that slow bank transfers down.

PayID also lets you send money to a phone number or email instead of a BSB and account number, so there's less to get wrong.

Most banks and neobanks support it, including Wise and Revolut.

This is domestic only, so it won't speed up an international transfer, but for paying someone here, nothing beats it.

Fastest services by destination

Destination is the biggest factor behind how fast a transfer lands.

Here are a few examples for popular routes from Australia, based on sending A$1,000:

Last updated at 30/07/2026
AUD INR
Mid Market Rate $1 = ₹66.5388
Transfer Amount $1,000
1
Revolut
2
Wise
3
OFX
4
Xe
Revolut
₹66,194.29
Within minutes
Wise
₹66,140.37
Within minutes
OFX
₹66,106.29
6-12 Hours
Xe
-
-
AUD PHP
Mid Market Rate $1 = ₱42.7334
Transfer Amount $1,000
1
OFX
2
Revolut
3
Wise
4
Xe
OFX
₱42,455.64
6-12 Hours
Revolut
₱42,453.14
Within minutes
Wise
₱42,418.41
Within minutes
Xe
-
-
AUD JPY
Mid Market Rate $1 = ¥113.6722
Transfer Amount $1,000
1
Revolut
2
OFX
3
Wise
4
Xe
Revolut
¥113,151.00
Same day
OFX
¥112,933.35
6-12 Hours
Wise
¥112,915.00
Same day
Xe
-
-
AUD NGN
Mid Market Rate $1 = ₦944.2611
Transfer Amount $2,000
1
Xe
2
Wise
3
Revolut
4
OFX
Xe
₦1,922,423.40
6-12 Hours
Wise
₦1,921,263.58
Within minutes
Revolut
₦1,874,736.91
Within minutes
OFX
-
-
AUD NPR
Mid Market Rate $1 = Rs 105.6383
Transfer Amount $4,000
1
Xe
2
Revolut
3
Wise
4
OFX
Xe
Rs 421,903.60
6-12 Hours
Revolut
Rs 421,661.87
Within minutes
Wise
Rs 420,906.00
Within minutes
OFX
-
-
AUD CAD
Mid Market Rate $1 = $0.9768
Transfer Amount $100,000
1
Wise
2
OFX
3
Revolut
4
Xe
Wise
$97,408.56
Same day
OFX
$97,192.89
6-12 Hours
Revolut
$97,066.89
Within minutes
Xe
$97,021.00
6-12 Hours

What affects transfer speed?

A few things decide whether your money will arrive in seconds or take a few days.

How you pay

The faster your money reaches the provider, the faster it goes out.

Pay by PayID/Osko, debit card, or Apple Pay/Google Pay for an instant deposit.

A manual bank transfer is the slowest way to fund your transfer.

Where it's going, and in what currency

This is the biggest factor, and the one you can't really control.

Some countries have instant payout systems and deal in major currencies that move quickly.

Others don't, or use currencies that need an extra conversion step.

So the same transfer can land in seconds to one country and take days to another.

How the recipient gets it

Cash pickup and mobile wallet payouts are usually ready in minutes.

A bank deposit depends on the receiving bank, which can be instant or take a day or two.

Checks and timing

The first time you use a provider, or pay a new recipient, there's often a short one-off check before the money moves.

Large amounts can trigger the same thing.

And if a transfer falls back to SWIFT, it depends on banks being open, so a transfer on Friday will likely sta idle till Monday.

How to minimise transfer time

Get set up early

Register, clear ID verification, and add the recipient before you actually need to send.

First-time checks are the most common delay, and this clears them faster.

Fund it the fast way

Pay by PayID/Osko, card, or Apple/Google Pay rather than a manual bank transfer.

Send during working hours

If any part of the transfer uses SWIFT, avoid evenings, weekends, and public holidays, or it may sit until the next working day.

Use a multi-currency account if you send often

Hold the balance in the recipient's currency, and the money never needs to convert or travel over SWIFT when you send.

How much it costs to send money instantly

It mostly comes down to the amount and how it's collected.

Here are a few examples of costs based on PayID deposit and bank account withdrawal:

Last updated at 30/07/2026
AUD INR
Mid Market Rate $1 = ₹66.5388
Transfer Amount $1,000
1
Revolut
2
Wise
3
Xe
4
Western Union
Revolut
₹66,194.29
66.2937
0.37%
Bank Transfer
$1.50
Wise
₹66,140.37
66.5202
0.03%
Bank Transfer
$5.71
Xe
-
-
-
-
-
Western Union
-
-
-
-
-
AUD PHP
Mid Market Rate $1 = ₱42.7334
Transfer Amount $1,000
1
Revolut
2
Wise
3
Xe
4
Western Union
Revolut
₱42,453.14
42.5169
0.51%
Bank Transfer
$1.50
Wise
₱42,418.41
42.7213
0.03%
Bank Transfer
$7.09
Xe
-
-
-
-
-
Western Union
-
-
-
-
-
AUD JPY
Mid Market Rate $1 = ¥113.6722
Transfer Amount $1,000
1
Revolut
2
Wise
3
Xe
4
Western Union
Revolut
¥113,151.00
113.3842
0.25%
Bank Transfer
$2.05
Wise
¥112,915.00
113.6810
-0.01%
Bank Transfer
$6.74
Xe
-
-
-
-
-
Western Union
-
-
-
-
-
AUD NGN
Mid Market Rate $1 = ₦944.2611
Transfer Amount $2,000
1
Xe
2
Wise
3
Revolut
4
Western Union
Xe
₦1,922,423.40
961.2117
-1.78%
Bank Transfer
$0.00
Wise
₦1,921,263.58
966.6200
-2.34%
Bank Transfer
$12.39
Revolut
₦1,874,736.91
938.7766
0.58%
Bank Transfer
$3.00
Western Union
-
-
-
-
-
AUD NPR
Mid Market Rate $1 = Rs 105.6383
Transfer Amount $4,000
1
Xe
2
Revolut
3
Wise
4
Western Union
Xe
Rs 421,903.60
105.4759
0.15%
Bank Transfer
$0.00
Revolut
Rs 421,661.87
105.8388
-0.19%
Bank Transfer
$16.00
Wise
Rs 420,906.00
106.4640
-0.78%
Bank Transfer
$46.49
Western Union
-
-
-
-
-
AUD CAD
Mid Market Rate $1 = $0.9768
Transfer Amount $100,000
1
Wise
2
Revolut
3
Xe
4
Western Union
Wise
$97,408.56
0.9768
0.00%
Bank Transfer
$276.66
Revolut
$97,066.89
0.9755
0.13%
Bank Transfer
$498.00
Xe
$97,021.00
0.9702
0.68%
Bank Transfer
$0.00
Western Union
-
-
-
-
-

To find the fastest way to send money from Australia, and at low cost, I suggest running a quick search using the form below.

Compare options now

Fill in the form and find the fastest way to send AUD right now.
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Our methodology & why trust us

We looked at three things:

  • How fast the money is delivered

  • How fast you can fund it

  • How the recipient collects it

We weighed rates, fees and trust alongside that, so "fastest" never means "at any cost".

Every provider we recommend is licensed or registered to operate in Australia, through ASIC, AUSTRAC, or another appropriate basis.

We don't list anyone we wouldn't use ourselves.

All rates, fees and speeds come from our own comparison engine, combined with live data from the providers.

The page is updated weekly, so the figures stay current.

Read how we review and test for more details.

Contributors

Artiom Pucinskij
Author

Artiom Pucinskij

Financial Content Strategist
Artiom is a marketing graduate from the University of Portsmouth and has been working across personal finance and remittance industries for several years. He optimises the organic experience on MoneyTransfers.com with the content team, manages and creates unique marketing tactics, and generally supports the overall growth of the website.