GBP Exchange Rates

Looking to transfer money to the United Kingdom? Calculate how much AUD you’ll need to exchange into Pounds. See which IMT provider in our database offers the best GBP exchange rates.

I want to transfer
to
Today’s foreign exchange rates
Search promoted international money transfers below. Advertiser disclosure.
  • Excellent exchange rates, no transfer fees
  • 24/7 transfers online or over the phone
  • Personal account management and expert insights

$7,447 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7447 USD

  • 1-2 days

  • $200 minimum

  • Only available to Business & eCommerce customers
  • Same-day transfers to most countries
  • ASIC regulated & trading since 2004

$7,425 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7425 USD

  • 0-2 days

  • $2,000 minimum

  • Safe, secure, and trusted
  • Enjoy great rates, fee-free transfers, and lightning-fast payments right around the clock.
  • It’s simple, quick, and a lot cheaper than your bank.

$7,451 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7451 USD

  • 0-1 day

  • $250 minimum

  • Bonus $50 credit on your first transaction and zero fees with InstaReM, use code MOZO50 (ends Dec 31, 2021)
  • Zero fees on first transaction until 31st Dec 2021
  • Transact online 24/7 with fast settlement and extremely competitive rates

$7,432 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7432 USD

  • 1-2 days

  • $50 minimum

  • Fee Free transfers over $250 AUD ongoing
  • 24/7 Service (Phone & Online)
  • Great Rates with Fast and Secure transfers

$7,430 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7430 USD

  • 1-2 days

  • $250 minimum
    $500 monthly minimum for regular transfers

  • XE is the world's trusted currency authority used by 280+ million people a year
  • XE dealers are licensed and authorised to provide financial advice
  • XE money transfer specialise in payments above AUD $20,000

$7,470 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7470 USD

  • 1-3 days

  • $10,000 minimum

  • New customers get 5 free transfers
  • Fast, secure transfers, up to 8x cheaper than the banks
  • Join over 180,00 customers today

$7,433 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $4
    ONLINE
    $4
  • $0.7436 USD

  • 1-2 days

  • none

  • 90% of transfers settled on the same day. Remainder completed on the following day.
  • Reviewed as “Excellent” on Trustpilot.
  • First Payment is FREE

$7,397 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    n/a
    ONLINE
    $0
  • $0.7397 USD

  • 0-1 days

  • No minimum

  • Get live exchange rate and low transparent fees
  • Enjoy First Two transfers up to $3,000 AUD Free
  • Fast, secure online transfers 24/7

$7,424 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    n/a
    ONLINE
    $0
  • $0.7424 USD

  • 1-2 days

  • none

  • Transact in over 50 currencies from across the globe
  • No transaction fees or commissions above $10,000 AUD
  • Transact 24x7

$7,470 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7470 USD

  • 1-2 days

  • none

  • Send money overseas securely
  • Transfer in a foreign currency for lower fees and lock in your conversion rate for peace of mind
  • Send money to over 99 countries in a wide range of currencies.

$7,185 USD

  • IN PERSON
    n/a
    BY PHONE
    $32
    ONLINE
    $12
  • $0.7194 USD

  • 1-2 days

  • $25,000 maximum

  • CBA customers - Send money easily and safely to over 200 countries
  • Send money in branch or via netbank

$7,151 USD

  • IN PERSON
    $30
    BY PHONE
    n/a
    ONLINE
    $6
  • $0.7155 USD

  • 1-3 days

  • up to $50,000 online

  • NAB customers - transfer money overseas with NAB internet banking
  • Transfer money to over 100 countries

$7,167 USD

  • IN PERSON
    $30
    BY PHONE
    n/a
    ONLINE
    $10
  • $0.7174 USD

  • 1-3 days

  • subject to daily withdrawal limit

  • Convert major foreign currencies to and from Australian dollars
  • Available to Westpac customers only

$7,137 USD

  • IN PERSON
    $32
    BY PHONE
    n/a
    ONLINE
    $10
  • $0.7144 USD

  • 1-2 days

  • subject to daily withdrawal limit

  • Fast Transfers
  • Bank beating exchange rates
  • No transaction fees

$7,451 USD

  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7451 USD

  • 1 business day

^See information about the Mozo Experts Choice International money transfers Awards

*The exchange rates offered by each provider are indicative exchange rates that have either been supplied by each provider or gathered by Mozo. Exchange rates fluctuate constantly and as a consequence the exchange rates listed here may vary to the actual exchange rate you are quoted by a provider. Please ensure you confirm the actual exchange rate with the relevant provider prior to conducting any transaction. These exchange rates are updated every hour.

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

Your step-by-step guide for sending money to the United Kingdom

If you’re a newbie to international money transfers, you probably have a few questions around the best ways to convert AUD to GBP, the key features to look for in an IMT provider and the additional charges to be wary of. Read on as we run you through the entire process of transferring money to the UK.

Step 1: Choose between a bank or currency specialist

When you’re weighing up the different options to send money overseas, you’ll generally have to choose between going with a bank or foreign exchange specialist. Not sure how to make that decision? No worries, let us explain the pros and cons of both:  

BANKS

Pros. Converting AUD to GBP with a bank is a convenient option for two reasons:

a) You already have a savings account, home loan or credit card linked with a particular bank and are comfortable dealing with them

b) You’ve heard of the bank, know other customers and feel safe trusting the bank with your money

Cons. There are two issues with using banks for international money transfers:

a) Sometimes they don’t offer the best exchange rates and may charge a higher IMT fee compared to foreign currency specialists

b) Some banks may not offer online transfer services, which means that you might need to go to the branch personally to carry out the money transfer. This isn’t the best option if you’re in a hurry and don’t have the time to wait for a bank’s business hours    

FOREIGN EXCHANGE SPECIALISTS

Pros. As experts who specialise in international money transfers there are two major advantages of dealing with foreign exchange specialists:

a) Most of them will let you transfer your money to the UK online or over the phone, which means you have instant access to their services and won’t have to wait for the provider’s trading hours to start the conversion process

b) They usually have a lower margin on the foreign exchange rate compared to banks and charge a low (and sometimes no) transfer fee

Cons. There’s really only one downside of dealing with a foreign exchange specialist:

a) You may not be familiar with the brand name and security measures in place with a particular currency specialist. The best way to get around that is to look for a provider that is regulated through ASIC - you’ll be pleased to know that we’ve already filtered our search and all the foreign exchange specialists you see on Mozo are names you can trust

Step 2: Compare key features of IMT providers

Besides deciding between a bank and a foreign currency specialist, your final choice of IMT provider should also be based on certain key considerations. Here’s a quick snapshot of features you need to check to ensure you’re picking the best GBP money transfer.     

Exchange rate

When you’re looking to convert AUD to GBP, it’s important to hunt down the provider that’s offering the highest exchange rate for your transfer. Remember that even a small difference in rates can have a huge impact on the overall value of the exchange, especially if you’re dealing with a lot of money. For instance, at the time of writing, OFX would give you £5,081 for $10,000. Whereas, one big bank would only offer you £4,778. That’s a difference of £303!

Minimum and maximum limits

Depending on the amount of money you need to send to the UK, you should check if the provider has a minimum or maximum limit on the amount of money you can transfer at a time. You don’t want to be stuck in a situation where you need to send $20,000, but your bank has a limit of $5,000 based on your bank account’s daily withdrawal limit.      

Transfer fee

Apart from the exchange rate, the other price point you’ll need to keep a watch on is the transfer fee. This charge will be different for each provider and can vary based on the amount of dollars you’re exchanging, whether you’re making the transfer online, over the phone or at a branch and if you’re in a regular or one off transfer arrangement with the provider. For example,
one provider we looked at charged an exchange fee of $32 if you made the transfer in person, but if you converted the money online, you would only have to pay a fee of $18.

Transfer speed

It can take anything from 24 hours to 8 days for your money to reach the UK, depending on who the provider is. So if you’re in a rush, be sure to pick a provider that promises a prompt transfer.  

Step 3: Set up an international money transfer

So what type of international money transfer did you finally decide to go with? A bank or foreign exchange specialist? Online or branch transfer? If you’re going to make the transfer in person then you’ll need to wait for the bank’s operating hours and go there to personally fill out a form and request the money transfer.

If you prefer to make the transaction online, then you can simply click on the ‘go to site’ button on the IMT comparison table above and start the process.  

Whichever way you decide to go, here’s a list of the information and documents that you’ll need when you set up the transfer:  

  • 1. Proof of identity, such as your driver’s licence or passport
  • 2. The recipient’s name, address and account details
  • 3. The complete name and address of the recipient’s bank
  • 4. Account number or International Bank Account Number (IBAN)
  • 5. SWIFT/BIC code of your personal account that you’re transferring money from
  • 6. The exact amount you would like to transfer