Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From AUAustralia you can also send money to

Sending money from AUSTRALIA to VANUATU

Data collected on: Feb 21, 2024-Feb 27, 2024
AUD | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (AUD)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Westpac
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
5.31
Percentage difference between market reference rate 79.48 and exchange rate charged 75.26
5.31
5.315.31
10.6210.62
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
5.76
Percentage difference between market reference rate 79.35 and exchange rate charged 74.78
5.76
5.765.76
11.5211.52
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
5.89
Percentage difference between market reference rate 79.41 and exchange rate charged 74.74
5.89
5.895.89
11.7811.78
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
5.90
Percentage difference between market reference rate 79.41 and exchange rate charged 74.72
5.90
5.905.90
11.8011.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.992.99
5.82
Percentage difference between market reference rate 79.28 and exchange rate charged 74.66
5.82
7.327.32
14.6414.64
National Australia Bank (NAB)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
7.41
Percentage difference between market reference rate 79.41 and exchange rate charged 73.52
7.41
7.417.41
14.8214.82
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
7.007.00
4.97
Percentage difference between market reference rate 79.25 and exchange rate charged 75.32
4.97
8.478.47
16.9416.94
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.005.00
6.23
Percentage difference between market reference rate 79.35 and exchange rate charged 74.41
6.23
8.738.73
17.4617.46
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
5.995.99
5.82
Percentage difference between market reference rate 79.28 and exchange rate charged 74.66
5.82
8.828.82
17.6417.64
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
30.0030.00
4.42
Percentage difference between market reference rate 79.28 and exchange rate charged 75.78
4.42
19.4219.42
38.8438.84
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.0030.00
5.75
Percentage difference between market reference rate 79.25 and exchange rate charged 74.69
5.75
20.7520.75
41.5041.50
Westpac
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
32.0032.00
5.40
Percentage difference between market reference rate 79.50 and exchange rate charged 75.20
5.40
21.4021.40
42.8042.80
National Australia Bank (NAB)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.0030.00
7.47
Percentage difference between market reference rate 79.47 and exchange rate charged 73.53
7.47
22.4722.47
44.9444.94
Total Average First Quarter
11.3611.36
Total Average Fourth Quarter 2023
10.6510.65
Total Average
Fee
11.0011.00
Exchange Rate Margin (%)
5.865.86
Total Cost Percent (%)
11.3611.36
Total Cost (AUD) Total Cost (USD)
22.7222.72
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Westpac
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
5.31
Percentage difference between market reference rate 79.48 and exchange rate charged 75.26
5.31
5.315.31
26.5526.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
5.76
Percentage difference between market reference rate 79.35 and exchange rate charged 74.78
5.76
5.765.76
28.8028.80
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
5.89
Percentage difference between market reference rate 79.41 and exchange rate charged 74.74
5.89
5.895.89
29.4529.45
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
5.90
Percentage difference between market reference rate 79.41 and exchange rate charged 74.72
5.90
5.905.90
29.5029.50
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
7.007.00
4.97
Percentage difference between market reference rate 79.25 and exchange rate charged 75.32
4.97
6.376.37
31.8531.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.992.99
5.82
Percentage difference between market reference rate 79.28 and exchange rate charged 74.66
5.82
6.426.42
32.1032.10
National Australia Bank (NAB)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
7.41
Percentage difference between market reference rate 79.41 and exchange rate charged 73.52
7.41
7.417.41
37.0537.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.008.00
6.23
Percentage difference between market reference rate 79.35 and exchange rate charged 74.41
6.23
7.837.83
39.1539.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
10.4910.49
5.82
Percentage difference between market reference rate 79.28 and exchange rate charged 74.66
5.82
7.927.92
39.6039.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
30.0030.00
4.46
Percentage difference between market reference rate 79.28 and exchange rate charged 75.75
4.46
10.4610.46
52.3052.30
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.0030.00
5.75
Percentage difference between market reference rate 79.25 and exchange rate charged 74.69
5.75
11.7511.75
58.7558.75
Westpac
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
32.0032.00
5.40
Percentage difference between market reference rate 79.50 and exchange rate charged 75.20
5.40
11.8011.80
59.0059.00
National Australia Bank (NAB)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.0030.00
7.47
Percentage difference between market reference rate 79.47 and exchange rate charged 73.53
7.47
13.4713.47
67.3567.35
Total Average First Quarter
8.188.18
Total Average Fourth Quarter 2023
7.617.61
Total Average
Fee
11.5811.58
Exchange Rate Margin (%)
5.865.86
Total Cost Percent (%)
8.188.18
Total Cost (AUD) Total Cost (USD)
40.8840.88
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash