How to send money to Sri Lanka from Australia with the best AUD-LKR rate

Of the 10 companies we analysed, Remitly is the cheapest app overall for sending A$2,000 to Sri Lanka.

On a 2,000 AUD transfer it will get your recipient 470,880 LKR.

Best companies for AUD/LKR transfers

10 of 10 providers

Last updated on 28 October 2026

Based on 2,000 AUD transfer

Best companies for AUD/LKR transfers

Sort Cheapest
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Wise

Pay via Bank Transfer
Fees: $12.87 1 AUD = 233.8130 LKR +0.17% vs mid-market Recipient gets Rs 464,616.83 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$12.871 AUD = 233.8130 LKR
Rs 464,616.83You pay$2,000.00
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Xe

Pay via Debit Card
Fees: $0.00 1 AUD = 232.3344 LKR +0.80% vs mid-market Recipient gets Rs 464,668.72 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Sri Lanka with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 232.3344 LKR
Rs 464,668.72You pay$2,000.00

Run a live search

Showing top Australia to Sri Lanka deals for 2,000 AUD. Do a live search with your exact amount for today's best rates.

Remitly

Pay via PayTo
Fees: $0.00 1 AUD = 235.4400 LKR -0.53% vs mid-market Recipient gets Rs 470,880.00 Within a week
Cheapest
Receive to bank account or cash pickup

Ways to receive money in Sri Lanka with Remitly when paying by payto.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 AUD = 235.4400 LKR
Rs 470,880.00You pay$2,000.00

Remitly

Pay via Debit Card
Fees: $0.00 1 AUD = 234.1300 LKR +0.03% vs mid-market Recipient gets Rs 468,260.00 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Sri Lanka with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 AUD = 234.1300 LKR
Rs 468,260.00You pay$2,000.00

Remitly

Pay via Credit Card
Fees: $0.00 1 AUD = 234.1300 LKR +0.03% vs mid-market Recipient gets Rs 468,260.00 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Sri Lanka with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 AUD = 234.1300 LKR
Rs 468,260.00You pay$2,000.00

Instarem

Pay via Bank Transfer
Fees: $0.00 1 AUD = 233.7120 LKR +0.21% vs mid-market Recipient gets Rs 467,424.00 6-12 Hours
Receive to bank account

Ways to receive money in Sri Lanka with Instarem when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 233.7120 LKR
Rs 467,424.00You pay$2,000.00

Western Union

Pay via Debit Card
Fees: $0.00 1 AUD = 233.3090 LKR +0.38% vs mid-market Recipient gets Rs 466,618.05 Next Day
Receive to bank account or cash pickup

Ways to receive money in Sri Lanka with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 233.3090 LKR
Rs 466,618.05You pay$2,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 AUD = 233.3090 LKR +0.38% vs mid-market Recipient gets Rs 466,618.05 Next Day
Receive to bank account or cash pickup

Ways to receive money in Sri Lanka with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 233.3090 LKR
Rs 466,618.05You pay$2,000.00

OFX

Pay via Bank Transfer
Fees: $0.00 1 AUD = 232.6840 LKR +0.65% vs mid-market Recipient gets Rs 465,367.92 6-12 Hours
Receive to bank account

Ways to receive money in Sri Lanka with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 232.6840 LKR
Rs 465,367.92You pay$2,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank Transfer
Fees: $3.00 1 AUD = 232.8462 LKR +0.58% vs mid-market Recipient gets Rs 464,993.89 Within minutes
Fastest
Receive to bank account

Ways to receive money in Sri Lanka with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
$3.001 AUD = 232.8462 LKR
Rs 464,993.89You pay$2,000.00

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.

$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $1.99 1 AUD = 232.4807 LKR +0.74% vs mid-market Recipient gets Rs 464,961.40 6-12 Hours

Ways to receive money in Sri Lanka with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:Select Banks
$1.991 AUD = 232.4807 LKR
Rs 464,961.40You pay$2,001.99
Cash pickup6-12 Hours
$4.991 AUD = 230.2156 LKR
Rs 460,431.20You pay$2,004.99
$0 fee on first online transfers

MoneyGram

Pay via POLi
Fees: $1.99 1 AUD = 232.4807 LKR +0.74% vs mid-market Recipient gets Rs 464,961.40 6-12 Hours

Ways to receive money in Sri Lanka with MoneyGram when paying by poli.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:Select Banks
$1.991 AUD = 232.4807 LKR
Rs 464,961.40You pay$2,001.99
Cash pickup6-12 Hours
$4.991 AUD = 230.2156 LKR
Rs 460,431.20You pay$2,004.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $1.99 1 AUD = 232.4807 LKR +0.74% vs mid-market Recipient gets Rs 464,961.40 6-12 Hours

Ways to receive money in Sri Lanka with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:Select Banks
$1.991 AUD = 232.4807 LKR
Rs 464,961.40You pay$2,001.99
Cash pickup6-12 Hours
$4.991 AUD = 230.2156 LKR
Rs 460,431.20You pay$2,004.99

Xe

Pay via Debit Card
Fees: $0.00 1 AUD = 232.3344 LKR +0.80% vs mid-market Recipient gets Rs 464,668.72 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Sri Lanka with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 232.3344 LKR
Rs 464,668.72You pay$2,000.00

Xe

Pay via Bank Transfer
Fees: $0.00 1 AUD = 232.3344 LKR +0.80% vs mid-market Recipient gets Rs 464,668.72 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Sri Lanka with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 232.3344 LKR
Rs 464,668.72You pay$2,000.00

Xe

Pay via Credit Card
Fees: $0.00 1 AUD = 232.3344 LKR +0.80% vs mid-market Recipient gets Rs 464,668.72 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Sri Lanka with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 232.3344 LKR
Rs 464,668.72You pay$2,000.00

Wise

Pay via Bank Transfer
Fees: $12.87 1 AUD = 233.8130 LKR +0.17% vs mid-market Recipient gets Rs 464,616.83 Within minutes
Recommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$12.871 AUD = 233.8130 LKR
Rs 464,616.83You pay$2,000.00

Wise

Pay via Osko
Fees: $12.87 1 AUD = 233.8130 LKR +0.17% vs mid-market Recipient gets Rs 464,616.83 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by osko.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$12.871 AUD = 233.8130 LKR
Rs 464,616.83You pay$2,000.00

Wise

Pay via Debit Card
Fees: $18.39 1 AUD = 233.8130 LKR +0.17% vs mid-market Recipient gets Rs 463,326.18 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$18.391 AUD = 233.8130 LKR
Rs 463,326.18You pay$2,000.00

TapTap Send

Pay via Debit Card
Fees: $0.00 1 AUD = 231.6000 LKR +1.12% vs mid-market Recipient gets Rs 463,200.00 Minutes
Receive to bank account

Ways to receive money in Sri Lanka with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 AUD = 231.6000 LKR
Rs 463,200.00You pay$2,000.00
Mobile moneyMinutesAvailable via:eZ Cash
Free1 AUD = 231.6000 LKR
Rs 463,200.00You pay$2,000.00

Instarem

Pay via Credit Card
Fees: $24.00 1 AUD = 233.7120 LKR +0.21% vs mid-market Recipient gets Rs 461,814.91 6-12 Hours
Receive to bank account

Ways to receive money in Sri Lanka with Instarem when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
$24.001 AUD = 233.7120 LKR
Rs 461,814.91You pay$2,000.00

Wise

Pay via Credit Card
Fees: $31.86 1 AUD = 233.8130 LKR +0.17% vs mid-market Recipient gets Rs 460,176.72 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$31.861 AUD = 233.8130 LKR
Rs 460,176.72You pay$2,000.00

NAB

Pay via Bank Transfer
Fees: $0.00 1 AUD = 227.8704 LKR +2.74% vs mid-market Recipient gets Rs 455,740.89 3-5 Days
0 reviews

Ways to receive money in Sri Lanka with NAB when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit3-5 Days
Free1 AUD = 227.8704 LKR
Rs 455,740.89You pay$2,000.00
How Our Results Work
Mid-market rate: 1 AUD = 234.2063 LKR Updates every 60 minutes.

How to send money from Australia to Sri Lanka

Pick a company

Start with the cheapest, which is Remitly at 470,880 LKR on A$2,000.

Remitly was the cheapest on 14 of the 28 days it quoted A$2,000 transfers to Sri Lanka.

Funding is quick whoever you pick, so the choice comes down to the rate and how your recipient collects it.

Fund your transfer

You have 6 ways to pay, including bank transfer, debit card, credit card, payto, poli, and osko.

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.

Verify and send

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).

Compare amounts

How much AUD are you sending to Sri Lanka?

How much AUD you send to Sri Lanka 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.

Our analysis shows Remitly was the cheapest in 54% of the transfers up to A$2,000 it quoted, and in 58% of all the transfers it quoted.

Cheapest service
$1,000-1.50%$0.00Rs 237,830.00with payto to bank deposit+Rs 6,140.74
$1,500-0.76%$0.00Rs 354,135.00with payto to bank deposit+Rs 6,113.28
$2,000This page-0.53%$0.00Rs 470,880.00with payto to bank deposit+Rs 6,079.78
$3,000-0.06%$0.00Rs 703,140.00with payto to bank deposit+Rs 6,788.52
$7,5000.36%$0.00Rs 1,749,817.68with debit card to bank deposit+Rs 8,651.33
$12,0000.27%$0.00Rs 2,802,430.27with bank transfer to bank deposit+Rs 17,184.31
$15,0000.27%$0.00Rs 3,502,788.72with bank transfer to bank deposit+Rs 21,355.28
$50,0000.25%$0.00Rs 11,685,280.78with bank transfer to bank deposit+Rs 74,794.56
$100,0000.25%$0.00Rs 23,357,272.27with bank transfer to bank deposit+Rs 139,851.08
$250,0000.20%$0.00Rs 58,422,450.44with bank transfer to bank deposit+Rs 322,240.13
$500,0000.20%$0.00Rs 116,829,942.86with bank transfer to bank deposit+Rs 792,460.46

Mid-market rate: 1 AUD = 234.2063 LKR

AUD/LKR Exchange Rate History

Is today a good time to send money from Australia to Sri Lanka?

The cheapest way to send AUD to LKR can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Remitly), across 30 days of comparisons for 2,000 AUD transfers to Sri Lanka.

LKR received for $2,000, after fees

Wed, 28 Oct 2026Mid-market rateRs 468,412.60 Remitly Rs 470,880.00 NAB Rs 455,740.89RemitlyRs 470,880.00InstaremRs 467,424.00Western UnionRs 466,618.05Extra cost of a bankRs 15,139.11

440,000
445,000
450,000
455,000
460,000
465,000
470,000
475,000
At the mid-market rateWith the cheapest optionWith a bankRemitlyInstaremWestern Union
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.3418 – Rs 462,683.51
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 4,360.63
Western Union 231.9382 $0.00 Rs 463,876.47 +Rs 1,192.96
Remitly 231.3100 $0.00 Rs 462,620.00 −Rs 63.51
Instarem 230.8540 $0.00 Rs 461,708.00 −Rs 975.51
NAB 223.2783 $0.00 Rs 446,556.70 −Rs 16,126.81
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.2177 – Rs 462,435.42
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 4,608.73
Western Union 230.5223 $0.00 Rs 461,044.52 −Rs 1,390.90
Remitly 229.4900 $0.00 Rs 458,980.00 −Rs 3,455.42
NAB 224.3986 $0.00 Rs 448,797.15 −Rs 13,638.27
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.2625 – Rs 460,524.94
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 6,519.21
Western Union 229.3373 $0.00 Rs 458,674.61 −Rs 1,850.33
Remitly 228.5300 $0.00 Rs 457,060.00 −Rs 3,464.94
NAB 224.3986 $0.00 Rs 448,797.15 −Rs 11,727.79
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.5228 – Rs 461,045.60
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 5,998.55
Western Union 228.6455 $0.00 Rs 457,290.95 −Rs 3,754.65
Remitly 228.1200 $0.00 Rs 456,240.00 −Rs 4,805.60
NAB 223.3660 $0.00 Rs 446,731.93 −Rs 14,313.67
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.0942 – Rs 458,188.43
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 8,855.71
Western Union 229.1094 $0.00 Rs 458,218.75 +Rs 30.32
Remitly 229.0300 $0.00 Rs 458,060.00 −Rs 128.43
NAB 221.6130 $0.00 Rs 443,226.00 −Rs 14,962.43
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.6425 – Rs 457,285.04
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 9,759.11
Western Union 229.1094 $0.00 Rs 458,218.75 +Rs 933.71
Remitly 229.0300 $0.00 Rs 458,060.00 +Rs 774.96
NAB 221.6130 $0.00 Rs 443,226.00 −Rs 14,059.04
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.3694 – Rs 458,738.76
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 8,305.39
Western Union 229.5337 $0.00 Rs 459,067.46 +Rs 328.70
Remitly 228.3400 $0.00 Rs 456,680.00 −Rs 2,058.76
NAB 223.4078 $0.00 Rs 446,815.56 −Rs 11,923.20
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.7239 – Rs 459,447.82
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 7,596.32
Instarem 230.0610 $0.00 Rs 460,122.00 +Rs 674.18
Western Union 230.0324 $0.00 Rs 460,064.81 +Rs 616.99
Remitly 229.2600 $0.00 Rs 458,520.00 −Rs 927.82
NAB 224.0377 $0.00 Rs 448,075.35 −Rs 11,372.47
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.2855 – Rs 460,570.92
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 6,473.23
Instarem 230.5710 $0.00 Rs 461,142.00 +Rs 571.08
Western Union 230.5349 $0.00 Rs 461,069.81 +Rs 498.89
Remitly 229.5700 $0.00 Rs 459,140.00 −Rs 1,430.92
NAB 224.0377 $0.00 Rs 448,075.35 −Rs 12,495.57
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.8345 – Rs 459,669.05
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 7,375.09
Instarem 230.0040 $0.00 Rs 460,008.00 +Rs 338.95
Western Union 229.9071 $0.00 Rs 459,814.20 +Rs 145.15
Remitly 229.0200 $0.00 Rs 458,040.00 −Rs 1,629.05
NAB 223.9313 $0.00 Rs 447,862.55 −Rs 11,806.50
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 –
Western Union 229.8757 $0.00 Rs 459,751.45 –
Remitly 229.8700 $0.00 Rs 459,740.00 –
NAB 223.9313 $0.00 Rs 447,862.55 –
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.4949 – Rs 460,989.73
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 6,054.41
Instarem 230.6641 $0.00 Rs 461,328.20 +Rs 338.47
Western Union 230.5697 $0.00 Rs 461,139.43 +Rs 149.70
Remitly 230.0000 $0.00 Rs 460,000.00 −Rs 989.73
NAB 222.9900 $0.00 Rs 445,980.00 −Rs 15,009.73
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.4949 – Rs 460,989.73
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 6,054.41
Western Union 230.5697 $0.00 Rs 461,139.43 +Rs 149.70
Remitly 230.0000 $0.00 Rs 460,000.00 −Rs 989.73
NAB 222.9900 $0.00 Rs 445,980.00 −Rs 15,009.73
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.8231 – Rs 461,646.22
Ria Money Transfer Cheapest 233.8600 $2.89 Rs 467,044.14 +Rs 5,397.93
Western Union 230.7662 $0.00 Rs 461,532.39 −Rs 113.83
Remitly 229.6800 $0.00 Rs 459,360.00 −Rs 2,286.22
NAB 224.7561 $0.00 Rs 449,512.21 −Rs 12,134.01
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.0826 – Rs 462,165.10
Western Union Cheapest 229.9104 $0.00 Rs 459,820.87 −Rs 2,344.23
Remitly No quote collected this day – – – –
Instarem No quote collected this day – – – –
Bank No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Remitly Cheapest 233.2700 $0.00 Rs 466,540.00 –
Western Union 230.6045 $0.00 Rs 461,209.06 –
NAB 225.6223 $0.00 Rs 451,244.59 –
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Remitly Cheapest 231.5900 $0.00 Rs 463,180.00 –
Western Union 230.5123 $0.00 Rs 461,024.56 –
Instarem 229.7900 $24.00 Rs 454,065.04 –
NAB 225.6223 $0.00 Rs 451,244.59 –
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.3147 – Rs 460,629.45
Remitly Cheapest 231.5100 $0.00 Rs 463,020.00 +Rs 2,390.55
Western Union 228.8587 $0.00 Rs 457,717.35 −Rs 2,912.10
NAB 224.3770 $0.00 Rs 448,753.91 −Rs 11,875.54
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.9893 – Rs 461,978.64
Remitly Cheapest 231.5600 $0.00 Rs 463,120.00 +Rs 1,141.36
Instarem 229.7900 $0.00 Rs 459,580.00 −Rs 2,398.64
Western Union 223.2556 $0.00 Rs 446,511.27 −Rs 15,467.37
NAB 222.1810 $0.00 Rs 444,362.00 −Rs 17,616.64
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.9893 – Rs 461,978.64
Remitly Cheapest 231.5600 $0.00 Rs 463,120.00 +Rs 1,141.36
Instarem 229.7900 $24.00 Rs 454,065.04 −Rs 7,913.60
Western Union 223.2556 $0.00 Rs 446,511.27 −Rs 15,467.37
NAB 222.1810 $0.00 Rs 444,362.00 −Rs 17,616.64
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.8100 – Rs 463,619.92
Remitly Cheapest 232.6900 $0.00 Rs 465,380.00 +Rs 1,760.08
Western Union 230.4197 $0.00 Rs 460,839.50 −Rs 2,780.42
NAB 224.9398 $0.00 Rs 449,879.56 −Rs 13,740.36
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.9004 – Rs 463,800.79
Remitly Cheapest 233.2700 $0.00 Rs 466,540.00 +Rs 2,739.21
Instarem 231.9190 $0.00 Rs 463,838.00 +Rs 37.21
Western Union 231.1615 $0.00 Rs 462,323.09 −Rs 1,477.70
NAB 224.9398 $0.00 Rs 449,879.56 −Rs 13,921.23
Exchange rateFees:Recipient getsDifference
Mid-market rate 232.3922 – Rs 464,784.31
Remitly Cheapest 234.4100 $0.00 Rs 468,820.00 +Rs 4,035.69
Instarem 232.9240 $0.00 Rs 465,848.00 +Rs 1,063.69
Western Union 232.0929 $0.00 Rs 464,185.72 −Rs 598.59
NAB 226.9192 $0.00 Rs 453,838.42 −Rs 10,945.89
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Remitly Cheapest 234.3500 $0.00 Rs 468,700.00 –
Western Union 232.9935 $0.00 Rs 465,986.91 –
NAB 226.4351 $0.00 Rs 452,870.12 –
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 232.8963 – Rs 465,792.70
Western Union Cheapest 232.7706 $0.00 Rs 465,541.18 −Rs 251.52
NAB 226.4351 $0.00 Rs 452,870.12 −Rs 12,922.58
Remitly No quote collected this day – – – –
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.4748 – Rs 462,949.58
Remitly Cheapest 235.1900 $0.00 Rs 470,380.00 +Rs 7,430.42
Western Union 233.1318 $0.00 Rs 466,263.64 +Rs 3,314.06
NAB 225.5230 $0.00 Rs 451,046.00 −Rs 11,903.58
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.4748 – Rs 462,949.58
Remitly Cheapest 235.1900 $0.00 Rs 470,380.00 +Rs 7,430.42
Western Union 233.1318 $0.00 Rs 466,263.64 +Rs 3,314.06
NAB 225.5230 $0.00 Rs 451,046.00 −Rs 11,903.58
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 232.8120 – Rs 465,623.92
Remitly Cheapest 234.7800 $0.00 Rs 469,560.00 +Rs 3,936.08
Western Union 233.4010 $0.00 Rs 466,802.09 +Rs 1,178.17
Instarem 233.3000 $0.00 Rs 466,600.00 +Rs 976.08
NAB 227.1390 $0.00 Rs 454,278.02 −Rs 11,345.90
Exchange rateFees:Recipient getsDifference
Mid-market rate 233.6022 – Rs 467,204.39
Remitly Cheapest 234.6200 $0.00 Rs 469,240.00 +Rs 2,035.61
Instarem 233.0360 $0.00 Rs 466,072.00 −Rs 1,132.39
Western Union 232.8406 $0.00 Rs 465,681.19 −Rs 1,523.20
NAB 226.8157 $0.00 Rs 453,631.50 −Rs 13,572.89
Exchange rateFees:Recipient getsDifference
Mid-market rate 234.2063 – Rs 468,412.60
Remitly Cheapest 235.4400 $0.00 Rs 470,880.00 +Rs 2,467.40
Instarem 233.7120 $0.00 Rs 467,424.00 −Rs 988.60
Western Union 233.3090 $0.00 Rs 466,618.05 −Rs 1,794.55
NAB 227.8704 $0.00 Rs 455,740.89 −Rs 12,671.71

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $2,000, after fees, as quoted by each company. The mid-market line shows what $2,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more LKR per AUD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 24 of the last 30 days.

Right now, Remitly pays 470,880 LKR on 2,000 AUD, which is 2,467.4 LKR more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout is the highest in the past month.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Sri Lanka.

We've tracked 316 comparisons to check how often today's top companies were the cheapest across 11 amounts over the past month.

  1. RemitlyAppeared in 97 comparisons

    Cheapest in 58% of them

  2. InstaremAppeared in 48 comparisons

    Cheapest in 2% of them

  3. Western UnionAppeared in 147 comparisons

    Cheapest in 11% of them

  4. NABAppeared in 115 comparisons

    Never the cheapest

Based on 316 comparisons across 11 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Remitly is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Australia to Sri Lanka

10 money transfer companies let you send money from Australia to Sri Lanka.

Cheapest for most transfers

Online transfers

Sending money online with a “self-service” provider is usually the cheapest way to send money to Sri Lanka.

For example, sending A$2,000 with Remitly will get you 470,880 LKR after a A$0 fee and -0.53% markup.

In our comparisons over the past month, it was the cheapest online service on 14 of the 28 days it quoted.

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

Money transfer apps

An app suits the transfer you make over and over to the same recipient, similar amount, every payday or so.

Remitly takes A$0 in fees and -0.53% markup on a A$2,000 transfer, and your LKR arrives in within a week.

Over the past month, Remitly was the cheapest app on 50% of the days it appeared for A$2,000 transfers.

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

Currency brokers

Money transfer brokers are best for large transfers, like buying property, moving abroad, or paying student fees.

On transfers of $10,000 or more, a broker like OFX drops the fee entirely and works on margin instead.

With OFX you get 0.65% on AUD/LKR, and it gets lower the more you send.

You also get an account manager for the whole thing.

Our analysis shows OFX was the cheapest broker in 25% of all the transfers it quoted.

For overseas business payments

Business accounts

Global accounts like Airwallex are great for paying suppliers, contractors or staff in LKR, handling invoices, batch payments, and more.

For receiving and spending

Multi-currency accounts

Multi-currency accounts let you hold AUD and LKR in one account, and convert when the rate suits you.

Revolut converts A$2,000 at 0.58% markup, and the LKR sits in your account until you spend or transfer it.

Over the past month, it came out cheapest among multi-currency accounts on 67% of days.

Most useful if you travel often to Sri Lanka, split your life between two countries, or receive money from abroad.

We also created a guide going into more detail about multi currency accounts.

Compare first

Banks

The big four have dropped most transfer fees, which makes bank transfer from your bank look cheap.

However, the cost is moved into the exchange rate instead.

On a A$2,000 transfer, a bank like NAB adds 2.74% markup and delivers 455,740.89 LKR, against 470,880 LKR via Remitly (the cheapest option).

We found NAB was the cheapest bank on 29 of the 29 days it appeared for this amount.

Ways to fund AUD and receive money in Sri Lanka

With Remitly, paying by payto and receiving through a bank deposit is the cheapest combination. Sending A$2,000 gives your recipient 470,880 LKR.

Our data shows that Remitly gets your recipient 15,139.11 LKR more than NAB, today's cheapest bank, on the same A$2,000.

You can fund the transfer with bank transfer, debit card, credit card, payto, poli, and osko.

Recipients in Sri Lanka can collect LKR through bank deposit, mobile money, and cash pickup.

Receive LKR in a mobile money

Use the mobile number registered to the recipient's mobile money account. A wrong digit can send the money to a different account.

They can collect cash via Remitly

For cash collection, the recipient should take a photo ID and the transfer reference to a participating location in Sri Lanka.

  1. 1
    Payto Bank deposit

    You pay A$2,000.00

    SLRs470,880

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay A$2,000.00

    SLRs468,260

    -SLRs2,620

  3. 3
    Credit card Bank deposit

    You pay A$2,000.00

    SLRs468,260

    -SLRs2,620

  4. 4
    Bank transfer Bank deposit

    You pay A$2,000.00

    SLRs467,424

    -SLRs3,456

  5. 5
    Poli Bank deposit

    You pay A$2,001.99

    SLRs464,961

    -SLRs5,919

Show moreShow less
  1. 6
    Osko Bank deposit

    You pay A$2,000.00

    SLRs464,617

    -SLRs6,263

  2. 7
    Debit card Mobile money

    You pay A$2,000.00

    SLRs463,200

    -SLRs7,680

  3. 8
    Debit card Cash pickup

    You pay A$2,004.99

    SLRs460,431

    -SLRs10,449

  4. 9
    Credit card Cash pickup

    You pay A$2,004.99

    SLRs460,431

    -SLRs10,449

  5. 10
    Poli Cash pickup

    You pay A$2,004.99

    SLRs460,431

    -SLRs10,449

Consider this before sending AUD to Sri Lanka

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.

Compare AUD/LKR transfer options

For a A$2,000 transfer to Sri Lanka, these are the best options right now:

Cheapest

Remitly is cheapest when funded by payto with bank deposit for the payout. Your recipient gets 470,880 LKR, which is 0.73% more than the next best option.

Fastest

Revolut delivers 464,993.89 LKR in within minutes when you use bank transfer and choose bank deposit as payout.

If you need money urgently, we've put together a guide on instant money transfers.

PayID is domestic only

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 Sri Lanka.

Confirm the registered business name shown by your bank before approving the PayID payment.

AUSTRAC reporting

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.

Cash gifts can affect Centrelink payments

Australia does not generally tax a genuine cash gift simply because you send it to family in Sri Lanka.

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.

Bank protection in Australia

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.

How we analyse the market

We track 10 companies sending AUD to Sri Lanka, all holding an Australian licence, with rates refreshed in real time when running a live search.

In the past 30 days alone, we analysed 316 comparisons across 11 amounts.

This page covers the cheapest and fastest options for AUD/LKR transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

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.