Of the 3 companies we analysed, MoneyGram is the cheapest app overall for sending $2,000 to Barbados.
On a 2,000 AUD transfer it will get your recipient 2,725.4 BBD.
| 3 of 3 providers Last updated on 28 September 2026 | |||
| Based on 2,000 AUD transfer Best companies for AUD/BBD transfers | |||
| Ad  Wise Pay via Bank Transfer | Fees: $73.36 1 AUD = 1.4036 BBD +0.79% vs mid-market | Recipient gets $2,704.23 Within a week | |
Ways to receive money in Barbados with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $73.361 AUD = 1.4036 BBD $2,704.23You pay$2,000.00 | |||
| Ad  MoneyGram Pay via Debit Card | Fees: $3.99 1 AUD = 1.3627 BBD +3.75% vs mid-market | Recipient gets $2,725.40 6-12 Hours | |
Ways to receive money in Barbados with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.991 AUD = 1.3627 BBD $2,725.40You pay$2,003.99 | |||
Run a live search Showing top Australia to Barbados deals for 2,000 AUD. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live AUD to BBD rates. | |||
Run a live search These companies offer multi-currency accounts for spending BBD. We suggest doing a live search based on how much AUD you're planning to spend in Barbados. | |||
Run a live search These are managed services with real human support for large AUD transfers. Click the link and update the transfer amount to get the best deal. | |||
| $0 fee on first online transfers MoneyGram Pay via Debit Card | Fees: $3.99 1 AUD = 1.3627 BBD +3.75% vs mid-market | Recipient gets $2,725.40 6-12 Hours | |
Ways to receive money in Barbados with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.991 AUD = 1.3627 BBD $2,725.40You pay$2,003.99 | |||
| $0 fee on first online transfers MoneyGram Pay via POLi | Fees: $3.99 1 AUD = 1.3627 BBD +3.75% vs mid-market | Recipient gets $2,725.40 6-12 Hours | |
Ways to receive money in Barbados with MoneyGram when paying by poli. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.991 AUD = 1.3627 BBD $2,725.40You pay$2,003.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit Card | Fees: $32.99 1 AUD = 1.3627 BBD +3.75% vs mid-market | Recipient gets $2,725.40 6-12 Hours | |
Ways to receive money in Barbados with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $32.991 AUD = 1.3627 BBD $2,725.40You pay$2,032.99 | |||
| Wise Pay via Bank Transfer | Fees: $73.36 1 AUD = 1.4036 BBD +0.79% vs mid-market | Recipient gets $2,704.23 Within a week | |
Ways to receive money in Barbados with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $73.361 AUD = 1.4036 BBD $2,704.23You pay$2,000.00 | |||
| Wise Pay via Osko | Fees: $73.36 1 AUD = 1.4036 BBD +0.79% vs mid-market | Recipient gets $2,704.23 Within a week | |
Ways to receive money in Barbados with Wise when paying by osko. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $73.361 AUD = 1.4036 BBD $2,704.23You pay$2,000.00 | |||
| Wise Pay via Debit Card | Fees: $78.57 1 AUD = 1.4036 BBD +0.79% vs mid-market | Recipient gets $2,696.92 Within a week | |
Ways to receive money in Barbados with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $78.571 AUD = 1.4036 BBD $2,696.92You pay$2,000.00 | |||
| Wise Pay via Credit Card | Fees: $91.31 1 AUD = 1.4036 BBD +0.79% vs mid-market | Recipient gets $2,679.04 Within a week | |
Ways to receive money in Barbados with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $91.311 AUD = 1.4036 BBD $2,679.04You pay$2,000.00 | |||
 Remitly Pay via Debit Card | Fees: $5.99 1 AUD = 1.3392 BBD +5.49% vs mid-market | Recipient gets $2,678.40 2 Days | |
Ways to receive money in Barbados with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank deposit2 Days $5.991 AUD = 1.3392 BBD $2,678.40You pay$2,005.99 | |||
| Remitly Pay via Credit Card | Fees: $26.04 1 AUD = 1.3392 BBD +5.49% vs mid-market | Recipient gets $2,678.40 2 Days | |
Ways to receive money in Barbados with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank deposit2 Days $26.041 AUD = 1.3392 BBD $2,678.40You pay$2,026.04 | |||
| Remitly Pay via PayTo | Fees: $4.99 1 AUD = 1.3392 BBD +5.49% vs mid-market | Recipient gets $2,678.40 2 Days | |
Ways to receive money in Barbados with Remitly when paying by payto. MethodFee & ratesRecipient gets Bank deposit2 Days $4.991 AUD = 1.3392 BBD $2,678.40You pay$2,004.99 | |||
| How Our Results Work Mid-market rate: 1 AUD = 1.4148 BBD Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is MoneyGram at 2,725.4 BBD on $2,000.
Funding is quick whoever you pick, so the choice comes down to the rate and how your recipient collects it.
You have 6 ways to pay, including debit card, credit card, poli, bank transfer, osko, and payto.
PayID and Osko move money to the company in seconds at no cost, and PayID shows you the account name before you confirm.
Watch your bank's daily limit on anything large.
First time round you'll need a photo ID, usually a licence or a passport.
A passport and visa are enough if you’re new (you don’t need an Australian credit history).
How much AUD you send to Barbados heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
| Cheapest service | |||||
|---|---|---|---|---|---|
| $1,000 | 2.69% | $0.00 | $1,377.55with debit card to bank deposit | +$25.75 | |
| $1,500 | 3.77% | $3.99 | $2,044.05with debit card to cash pickup | +$20.79 | |
| $2,000This page | 3.75% | $3.99 | $2,725.40with debit card to cash pickup | +$25.82 | |
| $3,000 | 3.76% | $3.99 | $4,088.10with debit card to cash pickup | +$21.58 | |
| $7,500 | 3.74% | $3.99 | $10,220.25with debit card to cash pickup | +$35.75 | |
| $12,000 | 0.27% | $0.00 | $16,930.58with bank transfer to bank deposit | +$551.04 | |
| $15,000 | 0.27% | $0.00 | $21,164.13with bank transfer to bank deposit | +$691.17 | |
| $100,000 | 0.25% | $0.00 | $141,126.50with bank transfer to bank deposit | +$3,920.92 | |
| $250,000 | 0.20% | $0.00 | $352,967.90with bank transfer to bank deposit | +$9,884.72 | |
| $500,000 | 0.20% | $0.00 | $705,744.68with bank transfer to bank deposit | +$12,610.88 |
Mid-market rate: 1 AUD = 1.4148 BBD
3 money transfer companies let you send money from Australia to Barbados.
Cheapest for most transfers
Sending money online with a “self-service” provider is usually the cheapest way to send money to Barbados.
For example, sending $500 with MoneyGram will get you 2,725.4 BBD after a $3.99 fee and 3.75% markup.
To speed up the transfer, use PayID or bank transfer, this will ensure your money is withdrawn instantly from your AU bank account.
Plus, PayID shows the registered payee name, which gives you an extra check against the details you entered.
For regular transfers home
An app suits the transfer you make over and over to the same recipient, similar amount, every payday or so.
MoneyGram takes $3.99 in fees and 3.75% markup on a $3.99 transfer, and your BBD arrives in 6-12 hours.
Signing up is quick even if you're new to Australia.
A passport and visa are enough for most money transfer apps, and no local credit history is needed.
For large AUD transfers
Money transfer brokers are best for large transfers, like buying property, moving abroad, or paying student fees.
Brokers like TorFX, Key Currency, or Xe charge no fee on large transfers, just a margin that gets lower the more you send.
For overseas business payments
Global accounts like Airwallex are great for paying suppliers, contractors or staff in BBD, handling invoices, batch payments, and more.
For receiving and spending
Multi-currency accounts let you hold AUD and BBD in one account, and convert when the rate suits you.
Wise converts $2,000 at 0.79% markup, and the BBD sits in your account until you spend or transfer it.
Most useful if you travel often to Barbados, split your life between two countries, or receive money from abroad.
We also created a guide going into more detail about multi currency accounts.
With MoneyGram, paying by debit card and receiving through a cash pickup is the cheapest combination. Sending $2,000 gives your recipient 2,725.4 BBD.
You can fund the transfer with debit card, credit card, poli, bank transfer, osko, and payto.
Recipients in the Barbados can collect BBD through bank deposit and cash pickup.
They can collect cash via MoneyGram
For cash collection, the recipient should take a photo ID and the transfer reference to a participating location in the Barbados.
You pay $2,003.99
$2,725
Cheapest
You pay $2,003.99
$2,725
$0
You pay $2,032.99
$2,725
$0
You pay $2,000.00
$2,704
-$21
You pay $2,000.00
$2,704
-$21
You pay $2,000.00
$2,697
-$28
You pay $2,000.00
$2,679
-$46
You pay $2,004.99
$2,678
-$47
Every international transfer is reportable by the company handling it, but that is not a tax or a form you normally file yourself. PayID can fund the transfer, while the overseas leg still needs a transfer provider.
For an $2,000 transfer to Barbados, these are the best options right now:
Cheapest
MoneyGram is cheapest when funded by debit card with cash pickup for the payout. Your recipient gets 2,725.4 BBD, which is 0.78% more than the next best option.
Fastest
MoneyGram delivers 2,725.4 BBD in 6-12 hours when you use debit card and choose cash pickup as payout.
If you need money urgently, we've put together a guide on instant money transfers.
PayID and Osko move Australian dollars between local accounts.
When a money transfer company accepts PayID, it collects the AUD in Australia and then handles the conversion and payout in Barbados.
Confirm the registered business name shown by your bank before approving the PayID payment.
The bank or remittance company reports international transfer instructions to AUSTRAC.
This applies to international transfers generally, rather than only those above A$10,000.
You do not normally submit the international transfer report yourself.
A separate threshold report applies when a transaction involves A$10,000 or more in physical cash.
Large or unusual transfers can still trigger source-of-funds checks. Keep the sale agreement, invoice or bank statement that explains the payment ready.
Australia does not generally tax a genuine cash gift simply because you send it to family in Barbados.
Gifting money can still affect income-tested or asset-tested Centrelink payments.
Services Australia can continue assessing gifts above its gifting free areas under the income and assets tests.
If you or your partner receive a relevant payment, check the gifting rules before sending a large amount.
The Financial Claims Scheme protects eligible Australian-dollar deposits with an Australian-incorporated ADI, up to A$250,000 per account holder per ADI.
It does not automatically cover money held by a non-bank transfer company.
In case of issues, if a complaint is not resolved, the Australian Financial Complaints Authority is the free external dispute service for member financial firms.
Small changes in the AUD/BBD rate can make a noticeable difference to the amount received, especially on a larger transfer.
Mid-market rate:1 AUD = 1.414264 BBD
We track 3 companies sending AUD to Barbados, all holding an Australian licence, with rates refreshed in real time when running a live search.
Fees, exchange rates and the pay-in and payout options all get compared, and each company goes through our review before it appears.
More on who we are, why you can trust us and getting started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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