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Most providers show you their transfer fee upfront. That’s only fair. But some of them sneak a markup into the exchange rate. And that’s not fair.
A markup means you get a bad exchange rate, which means you lose money when you change currencies.
At TransferWise, we never mark up the exchange rate. We just use the exchange rate – independently provided by Reuters. That means fair, low-cost transfers, every time.
TransferWise makes transferring money to Australia a breeze. Just sign up, tap in how much, and where to. Then make a local payment to TransferWise, whether it's with a bank transfer or your card. And that's it.
TransferWise converts your money at the fairest rate out there - the real rate - so you save big time (even versus the guys saying there's 'zero' commission). On TransferWise, there's no room for sneaky bank surcharges or creeping hidden charges.
Pay in your local currency with your debit or credit card, or via a bank transfer.
TransferWise always gives you the real mid–market exchange rate.
Your recipient gets A$ directly from TransferWise's local bank account.
Banks set their own exchange rate to make money off you.
TransferWise gives you the real exchange rate, also known as the 'mid-market' rate - what you see on Google or XE.
For transfers to Australian Dollar, the transaction fee is a separate 0.7% with a flat fee of 2 AUD that you can always see before you send.
Everything about TransferWise is streamlined, and creating your first transfer only takes a couple of taps.
Transfers to Australia complete in 2 business days (from when we receive your funds), and you'll get updates throughout the process.
We're entrusted by customers around the world to transfer over A$1billion every month.
We use high-grade encryption technology and are fully regulated by the Australian Securities and Investments Commission (ASIC).
Another key to their success - TransferWise has shifted more than £3bn of customers' money since 2011 - is the simplicity of design.Read article
TransferWise takes a machete to the hefty fees that banks levy to send money across borders.Read article
TransferWise is looking to use the internet to spark a digital revolution in current financial services.Read article
Convert your money to AUD today with Transferwise