Best Way to Send Money from Australia to India

Compare live AUD to INR exchange rates and fees from top providers. Find the cheapest and fastest way to send money from Australia to India.

What is the cheapest way to send money from Australia to India?

The cheapest way to send money from Australia to India is through Wise, Remitly, or OFX, which offer competitive AUD to INR rates with fees as low as A$1–$4. Australian banks charge A$20–$30 per wire transfer with a 2–4% exchange rate markup, making digital services significantly cheaper.

AUD
Indian Rupee

Click "Compare Rates" to see live exchange rates from 15+ providers for AUD to INR transfers.

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Tips for Sending Money from Australia to India

  • Use PayTo or NPP instant bank transfers for same-day funding at no extra cost from major Australian banks.
  • OFX offers competitive rates for large transfers (A$5,000+) with zero transfer fees on first transfers.
  • Avoid NAB, ANZ, and CommBank wire transfers — their AUD-INR markup typically exceeds 3%, costing A$100–$200+ per year.
  • Compare Wise and Remitly first — both consistently offer near-mid-market AUD to INR rates.

Regulatory Information

AUSTRAC regulates international money transfers from Australia. Identity verification required for all providers. India has no receiving limit for NRE/NRO accounts under FEMA.

Frequently Asked Questions: Australia to India Transfers

How long does a money transfer from Australia to India take?
Most digital services deliver AUD to INR transfers within 1–2 business days. PayTo-funded transfers from Australian bank accounts are often the fastest. OFX and Wise both offer next-business-day delivery for most transfers.
What is the best AUD to INR exchange rate today?
AUD to INR rates change constantly. Use our live comparison tool above to see current rates from all major providers. Wise and OFX typically offer rates closest to the mid-market rate for AUD to INR transfers.
Can I send money from Australia to India using PayID?
Yes, several providers including Wise accept PayID/NPP instant bank transfers from Australian bank accounts. This is one of the fastest ways to fund your transfer, with the money typically arriving in the provider's account within seconds.
Is there a tax on money transfers from Australia to India?
Money transfers themselves are not taxed in Australia. However, any foreign exchange gains above A$250 may be subject to capital gains tax. Gifts to family members in India may be subject to Indian tax rules if above ₹50,000 annually.

Rates and provider data updated daily. Page last reviewed: March 2026.

Reviewed by Tarika Chandel

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