Converting Pounds to Australian Dollars
Do you need to make a Pound to Australian Dollar conversion and transfer money to Australia? If so it is likely that cost will be the most influential factor behind your choice of a money transfer service, so you will be looking for a service that charges low transfer fees and offers competitive exchange rates so you can make your money go further.
Transferring money to Australia is relatively easy as you can transfer practically any currency, there are no restrictions or regulations on the currency that you can transfer to Australia and there are no limits on the amount that you can transfer.
What money transfer services are there on the market?
Previously a bank would have been the only money transfer service available if you needed to transfer money to Australia. Although there are now alternatives to banks, there are only a limited number so there is a lack of competition in the money transfer market and this enables banks to apply large transfer fees and to offer poor exchange rates. In addition to the costs, it can take a number of days for your money to be received when you complete the transfer through a bank.
A money sending bureaux is another service that will be able to assist your money transfer needs. While this could result in your money being received much sooner than if you made the money transfer via a bank, you are not likely to get a great return for your money as the transfer fees are often high and the exchange rates on offer are generally uncompetitive.
Cheaper and simple money transfers with Xendpay…
Xendpay is an online money transfer service which is an ideal alternative to a bank or money sending bureau. Every year we help tens of thousands of individuals to make worldwide money transfers simply, quickly and cheaply. With Xendpay.com you will have access to a 24/7 online money transfer platform so you can transfer money to Australia at your own convenience from a location and at a time which suits you.
When you transfer money to Australia through a foreign exchange broker like Xendpay your money could go a lot further as the exchange rates we offer for Pound to Australian Dollar conversions are extremely competitive, and the transfer fees that we charge are always low. For further information please visit our fee page.
We ensure the utmost security for all of our customers by utilising the latest online security protocols and using high-level encryption on our website.
How do I transfer money online through Xendpay?
Once you have registered for a Xendpay account, all you will need to do is login and add your payee(s) to your account by supplying us with their details such as their name, country of residence and their bank account details. You will then need to tell us the amount that you wish to transfer and in which currency, along with the currency that you will pay with.
With Xendpay there are several different ways to transfer money; either by credit or debit card, bank transfer, iDeal or ELV. Once we have received your funds we will then transfer the currency to your beneficiary’s bank account.