To get started with your first transfer, please click here.
Skip to sending to AUD
Skip to sending from AUD
Skip to AUD fee discount scenarios
Skip to AUD Refunds
Skip to an important additional note
Sending to AUD
For more information and to get started with your first transfer to AUD, click here!
|TransferWise Fee||0.7%||When sending from currencies with a different fee, the higher charge applies. Some currencies have a discounted fee for larger amounts. For more information, see below
For information about the fee when transferring from USD to AUD, please see this page.
|Delivery time*||0-2 working days||*After payout. Please keep in mind that TransferWise can take up to two working days to convert your funds from receiving the deposit|
|Countries we can send to||Australia only|
|Additional Receiving Banking Fees||None|
|Recipient Full Name||Yes||When sending to individuals, please include first name and surname. There is a 35 character limit, and please use only standard Latin letters (a-z)|
|Recipient Account number||Yes||5-9 digits|
|Recipient BSB||Yes||6 digits|
|Recipient E-Mail address||No||Not needed.|
|Recipient address||Yes*||If payment is over the equivalent of €50,000|
|Payment reason||Yes*||If payment is over the equivalent of €50,000|
|Fixed/specific amount||Yes||The currency you're sending to must also be able to receive fixed amounts - more information here. When you transfer from USD, your exchange rate is locked in, meaning your recipient can receive a specific amount. Find out more here.|
|Transfers to an email address||Yes||Except when transferring from USD. For more information, please click here.|
Sending from AUD
|TransferWise fee||0.7% (or 1.50 AUD for payments under 300 AUD)||Except when sending to SWIFT currencies, where an additional A$10 flat fee is charge in addition to the outlined fees
Debit / Credit card payments from AUD are 2%
For more information, please see here.
Some currencies have a discounted fee for larger amounts. For more information, please see here.
|Time for deposit to reach TransferWise||0-2 working days||Please note TransferWise usually only receives deposits within UK working hours (9-5 UK time Mon-Fri)|
|Additional sending fees||No|
|Fixed/specific amount||Yes||The currency you're sending to must also be able to receive fixed amounts - more information here.|
|Transfers to an email address||Yes||Except when transferring to INR and UAH. For more information, please click here.|
|Debit/Credit Card Payments||Yes||The limit per payment for AUD card payments is 3500 AUD. Paying with any card carries an additional 2% fee.|
|POLi Payments||Yes (Website only)||POLi payments arrive to us within 2 working days. Only available for a limited number of Australian banks - see list in additional notes. Refunds take 1-2 working days.|
|Verify ID||Yes||For all transfers from AUD, we now request a copy of an ID document (e.g. passport or driver's licence) prior to your first transfer.|
You receive a discounted fee when sending over 20,000 AUD from Australia to some currencies. A similar discount applies when you send over 10,000 GBP, EUR or CHF to AUD.
The discounted fee applies to the amount over A$20,000 when sending from AUD (or when sending over 10,000 GBP/CHF/EUR to AUD).
For example, if you send A$30,000 to one of the listed currencies below, the fee will be 0.7% for the first 20,000 AUD (140) and 0.5% of the remaining 10,000 (50) equaling a total fee of 190 AUD.
|Basic Fee||0.7% (or 2 AUD for transfers below 285 AUD). Please note that when sending to currencies that have a higher fee, the higher fee always applies.|
|Fee for amount above 20,000 AUD||0.5%|
|Currencies which receive discount above||GBP, EUR, USD, CHF, DKK, NOK, SEK, PLN, CAD, HKD, SGD and JPY|
|Fee for amount above 10,000 GBP, EUR or CHF||0.5%|
|Currencies which receive discount||GBP, EUR and CHF|
If you cancel your transfer from AUD when you have already sent the money to us (using one of the payment methods listed), and the transfer has not yet been completed, then we can simply refund your money back to you. See what is required to complete the refund for your payment method below.
When refunding a bank transfer, the money must be sent back to the account it came from and we will ask for the following details:
- Account holder name
- Account Number
- BSB Code
Your money will then be sent back to you and should and should arrive within 2 working days maximum.
Card payment refunds are automatic, and once you cancel a payment, your money will be sent back to the card you paid from. You can read about how long these take here.
- When sending from AUD to CAD (Canadian Dollars), a recipient address will also be requested and is mandatory.
- POLi Payment Banks - ANZ, Bank of Melbourne, Bank of Queensland, BankSA, Bankwest, Bendigo Bank, Citibank, Commonwealth Bank, CUA, IMB Building Society, ING Direct, NAB, Newcastle Permanent, Peoples Choice Credit Union, St. George Bank, Suncorp and Westpac.
TransferWise Ltd is a designated remittance provider registered with the Australian Transaction Reports and Analysis Centre ("AUSTRAC") IND100428576-001.We are also regulated by the Australian Securities and Investments Commission (ASIC), Australia Financial Services Licence (AFSL) number 456295. Australian Registered Business Number (ARBN) 168 331 191.
Finally, we are a member of the Financial Ombudsman Service, membership number 35137.
Back to top