ANZ BANK AUD vs GBP/EUR EXCHANGE RATES
Compare ANZ Bank AUD currency transfer options to/from Australia. You can beat ANZ Bank exchange rates when making an Australian dollar money transfer or overseas payment, save time, money and get the best deal.
| ANZ Bank | AUD to GBP | AUD to EUR | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.511 to £0.513 | €0.597 to €0.599 |  |  | |
| TorFX | £0.512 | €0.598 |  | | |
| Wise | £0.513 to £0.514 | €0.599 to €0.6 |  | | |
| ANZ Bank | £0.494 | €0.577 | |  |  |
About TrustScores: A TrustScore is calculated on a scale from 1 to 5 and is the overall measurement of reviewer satisfaction, based on all reviews the business receives via Trustpilot’s website.
About transaction fees: The transaction (or service) fee that banks and providers charge is made up of a fixed fee which varies, depending on where you are sending the money and which currencies apply to the transaction.
About money transfer providers: Unlike banks, money transfer companies offer the very best exchange rates and by keeping their margin rates low, they beat the banks by several percentage points.
About exchange rates: Money transfer exchange rates are calculated and updated weekdays, hourly 08:00 – 16:00. The exchange rates provided are indicative only and several factors may contribute to the final rate, including market conditions, transfer amount and the mode of transfer (online or via phone/email).
ANZ Bank International Money Transfers
International currency transfers to or from your ANZ Bank account in Australian dollars, UK pounds, the euro, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.3% and additional bank transaction or commission fees may apply.
ANZ Bank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – ANZ Bank
Sending foreign currency to or from your ANZ Bank account in Australia needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of $100,000 Australian dollars (AUD) using ANZ Bank services would have a transaction exchange rate margin of around 4.3% – or $4,300 AUD. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only $700 AUD in total, which is a large saving over the bank service.
ANZ Bank – Other Useful Information
International money transfers from ANZ Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing ANZ Bank account holder to use their services. ANZ Bank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of $5000.
Unless you pay a premium, ANZ Bank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
ANZ Bank, Australia – About
ANZ Bank (also known as Australia and New Zealand Banking Group) was created in 1835 and is listed among the top 4 banks in Australia. ANZ bank has over 800 local banking branch locations and over 5.7 million individual customers. The bank operates in 32 countries in Europe, Asia and America.
ANZ Bank branch finder
Find ANZ Bank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest ANZ branches in your search area results.
Contact ANZ Bank from abroad
You can find answers to everyday banking questions at ANZ online. If you can’t find the answer you’re looking for, you can call them from outside Australia on +61 3 8699 6969
ANZ Bank – Head office address
ANZ Bank – Level 14, 100 Queen St, Melbourne, VIC, 3000, Australia
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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