Our fees on transfers from AUD are changing

TransferWise content team
15.02.18
5 minute read

Heads up – this post is divided into 2 general sections:

  1. Why we’re changing our fees (and why they’re going down on most transfers and up on others)
  2. The new fees

If you’re not very interested in the “why”, and you just want to know how the new pricing will affect your transfers, go straight to the new fees.


Why we're changing our fees

We believe sending money to another country should be as cheap as sending an email. Yes, we think it should be free.

We’re not there yet, but that’s what we’re shooting for.

Why most fees are going down

When we opened for business in Australia, we based our fees on how much we thought transfers would cost us to process.

Since then, we’ve gotten better at what we do, and our costs have gone down on many transfer amounts and routes. We’ve lowered our fees in those places, which means most of you will be able send money for even less. Woohoo!

Why some fees are going up

Unfortunately, despite our best efforts, some transfers still cost us a little more than we originally estimated.

We’ve raised our fees on those transfers to cover our costs. We know that isn't great news for the people whose fees are going up, and we're sorry about that.

We'll bring those fees back down as soon as we can. (And remember, you can always save a little money by funding your transfer with a bank transfer, rather than a card.)


The new fees

Price Change Description Routes Affected
Cheaper for almost all amounts These routes are about to get cheaper for you. GBP, USD, EUR, NZD, DKK, CAD, CZK, HRK, NOK, PEN, PLN, SEK.
Some amounts cheaper and some more expensive The routes will see some prices go up, and others go down depending on how much you send. AED, CHF, CLP, IDR, MAD, MXN, RON, RUB, VND, PKR, SGD, BDT, CNY, PHP, HUF, INR, KRW, LKR, HKD, JPY
More expensive for almost all amounts Unfortunately, these routes will see prices go up. BGN, BRL, COP, GEL, ILS, KES, MYR, NGN, THB, TRY, UAH, ZAR
No Change These routes won’t experience any changes in pricing for now NPR

To read more about transfers from AUD, visit our AUD Transfers page

What is the fee for each route?

Route Pricing
AUD to AED $3.00 fixed fee and 0.9% of the amount you send
AUD to BDT $3.00 fixed fee and 1.2% of the amount you send
AUD to BGN $1.50 fixed fee and 0.75% of the amount you send
AUD to BRL $2.00 fixed fee and 1.5% of the amount you send
AUD to CAD $1.00 fixed fee and 0.5% of the amount you send
AUD to CHF $3.00 fixed fee and 0.4% of the amount you send
AUD to CLP $2.50 fixed fee and 1.2% of the amount you send
AUD to CNY $10.00 fixed fee and 0.75% of the amount you send
AUD to COP $1.00 fixed fee and 3% of the amount you send
AUD to CZK $1.00 fixed fee and 0.5% of the amount you send
AUD to DKK $1.00 fixed fee and 0.45% of the amount you send
AUD to EGP $2.50 fixed fee and 0.7% of the amount you send
AUD to EUR $1.00 fixed fee and 0.45% of the amount you send
AUD to GBP $1.00 fixed fee and 0.5% of the amount you send
AUD to GEL $1.50 fixed fee and 1.2% of the amount you send
AUD to HKD $2.00 fixed fee and 0.65% of the amount you send
AUD to HRK $1.00 fixed fee and 0.5% of the amount you send
AUD to HUF $1.50 fixed fee and 0.55% of the amount you send
AUD to IDR $2.00 fixed fee and 0.65% of the amount you send
AUD to ILS $2.50 fixed fee and 1.2% of the amount you send
AUD to INR $1.20 fixed fee and 0.6% of the amount you send
AUD to JPY $3.00 fixed fee and 0.6% of the amount you send
AUD to KES $3.50 fixed fee and 0.8% of the amount you send
AUD to KRW $2.50 fixed fee and 1.3% of the amount you send
AUD to LKR $2.00 fixed fee and 0.95% of the amount you send
AUD to MAD $3.50 fixed fee and 1% of the amount you send
AUD to MXN $1.50 fixed fee and 0.75% of the amount you send
AUD to MYR $3.25 fixed fee and 0.8% of the amount you send
AUD to NGN $1.00 fixed fee and 0.6% of the amount you send
AUD to NPR $2.50 fixed fee and 1% of the amount you send
AUD to NOK $1.00 fixed fee and 0.5% of the amount you send
AUD to NZD $1.00 fixed fee and 0.5% of the amount you send
AUD to PEN $3.50 fixed fee and 1% of the amount you send
AUD to PHP $4.00 fixed fee and 0.6% of the amount you send
AUD to PKR $3.00 fixed fee and 0.75% of the amount you send
AUD to PLN $1.00 fixed fee and 0.5% of the amount you send
AUD to RON $2.50 fixed fee and 0.6% of the amount you send
AUD to RUB $3.50 fixed fee and 1% of the amount you send
AUD to SEK $1.00 fixed fee and 0.5% of the amount you send
AUD to SGD $2.00 fixed fee and 0.45% of the amount you send
AUD to THB $4.50 fixed fee and 0.6% of the amount you send
AUD to TRY $4.00 fixed fee and 1% of the amount you send
AUD to UAH $1.00 fixed fee and 2.5% of the amount you send
AUD to USD $1.50 fixed fee and 0.45% of the amount you send
AUD to VND $3.00 fixed fee and 1% of the amount you send
AUD to ZAR $20.00 fixed fee and 0.8% of the amount you send

What are the fees for using a card?

Card Type Pricing
MasterCard Debit 0.15%
Visa Debit 0.3%
MasterCard Credit 0.55%
Visa Credit 0.75%
Business Debit or Credit 1%

What about borderless accounts?

Depending on what you do in your borderless account, the fee is different:
1) Topping up is free, but if you use a card the card fee will apply.
2) Moving balance from one currency to another within borderless has the variable fee that you would get for a normal money transfer for that route. The fixed fee is not included.
3) Pay-out has only a fixed component that is determined by the target currency

Log in to use the calculator and see how the changes will impact the transfers you make.

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