How to send money to Australia from the UK with the best GBP-AUD rate

We’ve compared 13 companies, and found Key Currency to be the cheapest, while Wise is the fastest.

Sending £6,000 gets you A$11,632.37 with Key Currency at 1.9387 AUD per GBP, about 0.02% more than the next best option.

Best companies for GBP/AUD transfers

13 of 13 providers

Last updated on 10 November 2026

Based on 6,000 GBP transfer

Best companies for GBP/AUD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee £19.76 1 GBP = 1.9436 AUD 0.00% vs mid-market Recipient gets $11,623.19 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£19.761 GBP = 1.9436 AUD
$11,623.19You pay£6,000.00
Promoted

Xe

Pay via Debit card
Fee £0.00 1 GBP = 1.9291 AUD +0.75% vs mid-market Recipient gets $11,574.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9291 AUD
$11,574.60You pay£6,000.00

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Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9387 AUD +0.25% vs mid-market Recipient gets $11,632.37 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Australia with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 GBP = 1.9387 AUD
$11,632.37You pay£6,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9383 AUD +0.27% vs mid-market Recipient gets $11,630.04 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Australia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9383 AUD
$11,630.04You pay£6,000.00

TorFx

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9378 AUD +0.30% vs mid-market Recipient gets $11,626.54 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Australia with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9378 AUD
$11,626.54You pay£6,000.00

Wise

Pay via Bank transfer
Fee £19.76 1 GBP = 1.9436 AUD 0.00% vs mid-market Recipient gets $11,623.19 Within minutes
FastestOur top pick
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£19.761 GBP = 1.9436 AUD
$11,623.19You pay£6,000.00

OFX

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9339 AUD +0.50% vs mid-market Recipient gets $11,603.21 Minutes - 24 hours
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9339 AUD
$11,603.21You pay£6,000.00

Currencies Direct

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9329 AUD +0.55% vs mid-market Recipient gets $11,597.40 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Australia with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9329 AUD
$11,597.40You pay£6,000.00

CurrencyFair

Pay via Bank transfer
Fee £2.06 1 GBP = 1.9320 AUD +0.60% vs mid-market Recipient gets $11,588.00 Minutes - 24 hours
Receive to bank account

Ways to receive money in Australia with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
£2.061 GBP = 1.9320 AUD
$11,588.00You pay£6,000.00

Wise

Pay via Debit card
Fee £38.75 1 GBP = 1.9436 AUD 0.00% vs mid-market Recipient gets $11,586.29 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£38.751 GBP = 1.9436 AUD
$11,586.29You pay£6,000.00

TapTap Send

Pay via Debit card
Fee £0.00 1 GBP = 1.9300 AUD +0.70% vs mid-market Recipient gets $11,580.00 Minutes
Receive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 GBP = 1.9300 AUD
$11,580.00You pay£6,000.00

Xe

Pay via Debit card
Fee £0.00 1 GBP = 1.9291 AUD +0.75% vs mid-market Recipient gets $11,574.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9291 AUD
$11,574.60You pay£6,000.00

Xe

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9291 AUD +0.75% vs mid-market Recipient gets $11,574.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9291 AUD
$11,574.60You pay£6,000.00

Xe

Pay via Credit card
Fee £0.00 1 GBP = 1.9291 AUD +0.75% vs mid-market Recipient gets $11,574.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.9291 AUD
$11,574.60You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee £50.30 1 GBP = 1.9414 AUD +0.11% vs mid-market Recipient gets $11,550.91 Within minutes
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£50.301 GBP = 1.9414 AUD
$11,550.91You pay£6,000.00

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.

Moneycorp

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9164 AUD +1.40% vs mid-market Recipient gets $11,498.26 Minutes - 2 days

Ways to receive money in Australia with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 GBP = 1.9164 AUD
$11,498.26You pay£6,000.00
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee £0.00 1 GBP = 1.9011 AUD +2.21% vs mid-market Recipient gets $11,406.60 Minutes - 24 hours

Ways to receive money in Australia with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 GBP = 1.9011 AUD
$11,406.60You pay£6,000.00
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.9011 AUD
$11,406.60You pay£6,004.99
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee £4.99 1 GBP = 1.9011 AUD +2.21% vs mid-market Recipient gets $11,406.60 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.9011 AUD
$11,406.60You pay£6,004.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 GBP = 1.8010 AUD
$10,806.00You pay£6,000.00
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee £4.99 1 GBP = 1.9011 AUD +2.21% vs mid-market Recipient gets $11,406.60 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.9011 AUD
$11,406.60You pay£6,004.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 GBP = 1.8010 AUD
$10,806.00You pay£6,000.00

Wise

Pay via Credit card
Fee £152.63 1 GBP = 1.9436 AUD 0.00% vs mid-market Recipient gets $11,364.95 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£152.631 GBP = 1.9436 AUD
$11,364.95You pay£6,000.00

Barclays

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8888 AUD +2.86% vs mid-market Recipient gets $11,332.94 Minutes - 5 days
0 reviews

Ways to receive money in Australia with Barclays when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
Free1 GBP = 1.8888 AUD
$11,332.94You pay£6,000.00
How Our Results Work
Mid-market rate: 1 GBP = 1.9436 AUD Updates every 60 minutes.

How to send money from UK to Australia

Pick a company

For a one-off GBP transfer to Australia, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 15 of the 18 days it quoted £6,000 transfers to Australia.

On a 6,000 GBP transfer, Key Currency delivers the most AUD.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/AUD rate.

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

Paying from your bank is usually the fastest, since most companies connect to your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On a £6,000 transfer the verification is normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Australia?

How much GBP you send to Australia 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 Key Currency was the cheapest in 83% of the transfers from £6,000 it quoted, and in 83% of all the transfers it quoted.

Cheapest service
£500-1.29%£0.00$983.63with debit card to bank deposit+$27.74
£1,0000.12%£0.30$1,938.71with bank transfer to bank deposit+$24.96
£2,0000.06%£0.00$3,884.00with debit card to bank deposit+$37.57
£6,000This page0.25%£0.00$11,632.37with bank transfer to bank deposit+$97.75
£10,0000.25%£0.00$19,371.66with bank transfer to bank deposit+$157.63
£50,0000.18%£0.00$96,890.00with bank transfer to bank deposit+$535.68
£150,0000.15%£0.00$290,853.61with bank transfer to bank deposit+$1,880.98
£250,0000.15%£0.00$484,729.56with bank transfer to bank deposit+$1,416.08

Mid-market rate: 1 GBP = 1.9436 AUD

GBP/AUD Exchange Rate History

Is today a good time to send money from UK to Australia?

The cheapest way to send GBP to AUD 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 Key Currency), across 30 days of comparisons for 6,000 GBP transfers to Australia.

AUD received for £6,000, after fees

Tue, 10 Nov 2026Mid-market rate$11,661.52 Key Currency $11,632.37 Barclays $11,332.94Key Currency$11,632.37Regency FX$11,630.04TorFx$11,626.54Extra cost of a bank$299.43

11,000
11,200
11,400
11,600
11,800
At the mid-market rateWith the cheapest optionWith a bankKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8974 – $11,384.46
Key Currency Cheapest 1.8927 £0.00 $11,356.00 −$28.46
Regency FX 1.8923 £0.00 $11,353.72 −$30.74
TorFx 1.8917 £0.00 $11,350.31 −$34.15
Barclays 1.8455 £0.00 $11,073.18 −$311.28
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.8986 £19.76 $11,354.08 –
Barclays 1.8474 £0.00 $11,084.56 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8904 – $11,342.33
Key Currency Cheapest 1.8857 £0.00 $11,313.98 −$28.35
Regency FX 1.8853 £0.00 $11,311.71 −$30.62
TorFx 1.8847 £0.00 $11,308.31 −$34.02
Barclays 1.8407 £0.00 $11,044.37 −$297.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9199 – $11,519.28
Key Currency Cheapest 1.9151 £0.00 $11,490.48 −$28.80
Regency FX 1.9147 £0.00 $11,488.18 −$31.10
TorFx 1.9141 £0.00 $11,484.72 −$34.56
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9145 – $11,486.76
Key Currency Cheapest 1.9097 £0.00 $11,458.04 −$28.72
Regency FX 1.9093 £0.00 $11,455.75 −$31.01
TorFx 1.9087 £0.00 $11,452.30 −$34.46
Barclays 1.8672 £0.00 $11,203.29 −$283.47

No data was collected on Sat, 17 Oct 2026.

Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9093 – $11,455.91
Western Union Cheapest 1.9193 £0.00 $11,515.79 +$59.88
HSBC 1.9031 £0.00 $11,418.36 −$37.55
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9096 – $11,457.73
Key Currency Cheapest 1.9048 £0.00 $11,429.09 −$28.64
Regency FX 1.9045 £0.00 $11,426.80 −$30.93
TorFx 1.9039 £0.00 $11,423.36 −$34.37
Barclays 1.8570 £0.00 $11,141.91 −$315.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9078 – $11,446.57
Key Currency Cheapest 1.9030 £0.00 $11,417.95 −$28.62
Regency FX 1.9026 £0.00 $11,415.66 −$30.91
TorFx 1.9020 £0.00 $11,412.23 −$34.34
Barclays 1.8570 £0.00 $11,141.91 −$304.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9058 – $11,434.98
Key Currency Cheapest 1.9011 £0.00 $11,406.39 −$28.59
Regency FX 1.9007 £0.00 $11,404.11 −$30.87
TorFx 1.9001 £0.00 $11,400.68 −$34.30
Barclays 1.8577 £0.00 $11,146.45 −$288.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9106 – $11,463.85
Key Currency Cheapest 1.9059 £0.00 $11,435.19 −$28.66
Regency FX 1.9055 £0.00 $11,432.90 −$30.95
TorFx 1.9049 £0.00 $11,429.46 −$34.39
Barclays 1.8549 £0.00 $11,129.47 −$334.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9057 – $11,434.01
Key Currency Cheapest 1.9009 £0.00 $11,405.43 −$28.58
Regency FX 1.9005 £0.00 $11,403.14 −$30.87
TorFx 1.9000 £0.00 $11,399.71 −$34.30
Barclays 1.8537 £0.00 $11,121.94 −$312.07
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.9014 £19.76 $11,370.59 –
Barclays 1.8493 £0.00 $11,095.79 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9172 – $11,503.30
Western Union Cheapest 1.9022 £0.00 $11,413.48 −$89.82
HSBC 1.8853 £0.00 $11,311.53 −$191.77
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8999 – $11,399.44
Western Union Cheapest 1.8996 £0.00 $11,397.78 −$1.66
HSBC 1.8853 £0.00 $11,311.53 −$87.91
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8980 – $11,388.02
Xe Cheapest 1.8935 £0.00 $11,361.00 −$27.02
Key Currency 1.8933 £0.00 $11,359.55 −$28.47
Regency FX 1.8929 £0.00 $11,357.27 −$30.75
TorFx 1.8923 £0.00 $11,353.85 −$34.17
Barclays 1.8454 £0.00 $11,072.62 −$315.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8893 – $11,335.77
Starling Bank Cheapest 1.9037 £29.50 $11,365.98 +$30.21
HSBC 1.8744 £0.00 $11,246.56 −$89.21
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8918 – $11,351.06
Key Currency Cheapest 1.8871 £0.00 $11,322.69 −$28.37
Regency FX 1.8867 £0.00 $11,320.42 −$30.64
TorFx 1.8862 £0.00 $11,317.01 −$34.05
Barclays 1.8404 £0.00 $11,042.30 −$308.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9087 – $11,452.19
Key Currency Cheapest 1.9039 £0.00 $11,423.56 −$28.63
Regency FX 1.9035 £0.00 $11,421.27 −$30.92
TorFx 1.9030 £0.00 $11,417.84 −$34.35
Barclays 1.8539 £0.00 $11,123.31 −$328.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9060 – $11,436.19
Key Currency Cheapest 1.9013 £0.00 $11,407.60 −$28.59
Regency FX 1.9009 £0.00 $11,405.31 −$30.88
TorFx 1.9003 £0.00 $11,401.88 −$34.31
Barclays 1.8511 £0.00 $11,106.34 −$329.85
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.9045 £19.76 $11,389.43 –
Barclays 1.8511 £0.00 $11,106.34 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Xe Cheapest 1.9067 £0.00 $11,440.20 –
Barclays 1.8511 £0.00 $11,106.34 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9224 – $11,534.27
Xe Cheapest 1.9182 £0.00 $11,509.20 −$25.07
Key Currency 1.9176 £0.00 $11,505.43 −$28.84
Regency FX 1.9172 £0.00 $11,503.13 −$31.14
TorFx 1.9166 £0.00 $11,499.67 −$34.60
Barclays 1.8680 £0.00 $11,207.81 −$326.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9253 – $11,552.06
Key Currency Cheapest 1.9205 £0.00 $11,523.18 −$28.88
Regency FX 1.9201 £0.00 $11,520.87 −$31.19
TorFx 1.9196 £0.00 $11,517.41 −$34.65
Barclays 1.8680 £0.00 $11,207.81 −$344.25
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Xe Cheapest 1.9164 £0.00 $11,498.40 –
Barclays 1.8693 £0.00 $11,215.97 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.9485 £19.76 $11,652.74 –
Barclays 1.8743 £0.00 $11,245.88 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9431 – $11,658.71
Key Currency Cheapest 1.9383 £0.00 $11,629.57 −$29.14
Regency FX 1.9379 £0.00 $11,627.24 −$31.47
TorFx 1.9373 £0.00 $11,623.74 −$34.97
Barclays 1.8891 £0.00 $11,334.74 −$323.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9413 – $11,647.55
Wise Cheapest 1.9443 £19.76 $11,627.32 −$20.23
Key Currency 1.9364 £0.00 $11,618.43 −$29.12
Regency FX 1.9360 £0.00 $11,616.10 −$31.45
TorFx 1.9354 £0.00 $11,612.61 −$34.94
Barclays 1.8910 £0.00 $11,345.95 −$301.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9459 – $11,675.12
Western Union Cheapest 1.9441 £0.00 $11,664.54 −$10.58
HSBC 1.9276 £0.00 $11,565.56 −$109.56
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.9436 – $11,661.52
Key Currency Cheapest 1.9387 £0.00 $11,632.37 −$29.15
Regency FX 1.9383 £0.00 $11,630.04 −$31.48
TorFx 1.9378 £0.00 $11,626.54 −$34.98
Barclays 1.8888 £0.00 $11,332.94 −$328.58

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send £6,000, after fees, as quoted by each company. The mid-market line shows what £6,000 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 AUD per GBP 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 2 of the last 30 days.

Right now, Key Currency pays 11,632.37 AUD on 6,000 GBP, which is 29.15 AUD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 11,664.54 AUD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

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 Australia.

We've tracked 239 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. Key CurrencyAppeared in 138 comparisons

    Cheapest in 83% of them

  2. Regency FXAppeared in 138 comparisons

    Never the cheapest

  3. TorFxAppeared in 138 comparisons

    Never the cheapest

  4. BarclaysAppeared in 177 comparisons

    Never the cheapest

Based on 239 comparisons across 8 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 Key Currency is the cheapest and gets you the most AUD, and it was also the cheapest in 83% of the 138 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Australia.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Australia.

Ways to send money from the UK to Australia

There are many ways to send money to Australia from the UK, including currency broker, app, online, multi-currency account, global business account, in person, and bank, and more.

For small & frequent transfers

Money transfer apps

If you send small amounts back home to Australia, say weekly or monthly, an app like Wise is the easiest and cheapest way to do it.

It charges £19.76 in fees, has 0% markup, lets you save recipient details, and AUD will arrive in minutes.

Over the past month, Wise was the cheapest app on 68% of the days it appeared for £6,000 transfers.

For one off transfers

Online transfers

Sending money online is good for occasional medium sized AUD transfers, around £1,000 - £5,000.

Online companies like Wise often have higher limits and/or first time promos.

Of the 13 companies we compared, Wise is the cheapest online service and will get you A$11,623.19 on a £6,000 transfer.

In our comparisons over the past month, it was the cheapest online service on 19 of the 28 days it quoted.

For large transfers

Brokers

Currency brokers like Key Currency are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Australia, and real human support.

Key Currency charges no fees on large transfers, but adds 0.25% markup on top of the current GBP/AUD rate.

The markup gets better the more GBP you send, so we suggest .

Our analysis shows Key Currency was the cheapest broker in 88% of the transfers from £6,000 it quoted.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend Australian Dollars abroad like a local.

Wise offers the best multi-currency account.

With it, converting £6,000 to AUD will get you A$11,623.19 after fees.

If you don’t have AUD in your account, your GBP will auto-convert whenever you pay with Wise in Australia.

Once you have AUD in the account, there are no extra fees from Wise for spending or holding it (local ATM charges may still apply).

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Australia, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Only if you have to

Banks

Your UK bank is the most expensive way to send money to Australia.

On a £6,000 transfer, banks like Barclays will add 2.86% markup, getting you A$11,332.94 vs A$11,632.37 with Key Currency.

We found Barclays was the cheapest bank on 23 of the 28 days it appeared for this amount.

Ways to fund GBP and receive AUD in Australia

Pay-in and pay-out methods will affect how much GBP you deposit and how much AUD your recipient gets. Use the table below to see how different options change how much you pay and what they get.

Our data shows that Key Currency gets your recipient 299.43 AUD more than Barclays, today's cheapest bank, on the same £6,000.

The overall best and cheapest way to send £6,000 to Australia is via Key Currency, using a bank transfer to deposit GBP and bank deposit to receive AUD.

Depositing GBP

You have 3 pay-in options for transfers to Australia, including bank transfer, debit card, and credit card.

The cheapest pay-in option is bank transfer.

The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).

The most expensive deposit option is credit card.

Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.

Receiving money in Australia

Money can reach Australia by bank deposit and cash pickup, and each delivery method comes with its own fees.

The cheapest way to receive money in Australia is with bank deposit on average.

Receiving cash

MoneyGram is the cheapest option for cash pickup (getting you A$11,406.60 on a £6,000 transfer).

Digital wallets

Your recipient can receive AUD directly into a digital wallet (like PayPal or similar) which usually takes a few minutes to arrive.

  1. 1
    Bank transfer Bank deposit

    You pay £6,000.00

    A$11,632

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay £6,000.00

    A$11,586

    -A$46

  3. 3
    Credit card Bank deposit

    You pay £6,000.00

    A$11,575

    -A$58

  4. 4
    Bank transfer Cash pickup

    You pay £6,004.99

    A$11,407

    -A$226

  5. 5
    Debit card Cash pickup

    You pay £6,004.99

    A$11,407

    -A$226

Show moreShow less
  1. 6
    Credit card Cash pickup

    You pay £6,004.99

    A$11,407

    -A$226

Consider this when sending GBP to Australia

There are a few nuances you should consider before sending GBP to Australia such as limits, taxes, and safety.

Compare GBP/AUD transfer options

Right now, these are the best money transfer options for a £6,000 transfer to Australia:

Cheapest way to send money to Australia

The cheapest way is to use Key Currency, pay in with a bank transfer and withdraw via bank deposit. You will get A$11,632.37, which is 0.02% more than the next best option.

Fastest way to send money to Australia

The fastest way is to use Wise via bank transfer deposit and bank deposit for pay out. You get A$11,623.19 and it will arrive in within minutes.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/AUD transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending £6,000 with Key Currency will get you 11,632.37 AUD, that’s including £0 fee and 0.25% in exchange rate markup.

A bank like Barclays on the other hand, will get you A$11,332.94, that’s £0 in fees but 2.86% in FX fees.

Taxes on money transfers

There is no UK tax for the act of sending money to Australia.

And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

How we analyse the market

We track 13 regulated companies offering money transfers from the UK to Australia in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/AUD pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

In the past 30 days alone, we analysed 239 comparisons across 8 amounts.

This page covers the cheapest and fastest options for GBP/AUD 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.

More on how we work:

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.