Wise provides bank-level security and has its own fraud and support teams. They ensure that your money and information are safe from unauthorized access or logins. To safeguard your purchases, they employ HTTPS encryption and 2FA, or two-factor authentication. Wise allows you to move money from your account to a bank account at any time; they’ll charge a set cost for this, as well as a conversion fee if you send it to a foreign currency.
Compare the best rates for money transfers from Australia to India.
Wise never hides extra fees and taxes in the exchange rate at Wise. TransferWise just utilises the currency rate, which is given independently by Reuters. This implies that transfers are always fair and low-cost. Compare Wise exchange rates and costs to those of the world’s largest money transfer and remittance providers, such as Barclays, MoneyGram, and WorldRemit through their website.
How to send money from australia to india with three easy steps through Wise
- Start your transfer
Pay in AUD with your debit or credit card, or transfer funds through your online banking.
- Get the best rate
Wise always provides you with the most accurate and fair mid-market exchange rate.
- Money is delivered locally
The beneficiary receives money in their native currency immediately from Wise’s bank account.
What you’ll require to transfer money from australia to india
Register for a free account.
After that, click ‘Sign up,’ and create your free account. It only takes a few moments. You can use the website or the app to do so. To get started, all you need is an email address or a Google or Facebook account.
Make your first transfer.
Using the calculator, tell them how much money you wish to send and where it should go. The costs will be openly displayed. They’ll also let you know when your cash should arrive.
Tell a little about yourself
They’ll ask if you’re donating money as a person or as a business. Your entire name, birthdate, phone number, and address will also be required. You know, the usual things.
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Tell who you’re sending money to
Who is the person to whom you are transferring money? Is anyone else in the room? Is your company a for-profit or a non-profit? Select an option. They’ll then ask you for some basic information on your recipient, such as their bank account number. A bank account is required, but not a Wise account. (Though they’re hoping they’ll be interested in one soon.)
Make certain everything is in order.
A summary of your transfer will be provided to you. Click Confirm if everything looks to be in order. You can also make any changes that are required.
Make payments to cover the transfer charge.
Do you wish to make a bank transfer payment? Is it better to pay using a debit or credit card? Select your route, and they’ll show you how to get there. Each payment method requires a different series of actions, but they are all straightforward and should only take a few minutes.
How much does it cost to send money from Australia to India?
To send money to India in AUD, a tiny fixed charge of 0.68 AUD + 0.55 percent of the converted amount is required (the entire cost is always displayed upfront). Some payment options have a fee, however it is generally little. There are no hidden or extra fees. As a result, it is less costly than you may expect.
- The price is fixed at 0.68 Australian dollars.
- A 0.55 percent fee is applied to transactions up to $1,91,145 AUD.
- 0.45% charge on transactions up to $5,73,435 AUD
- For transactions up to $9,55,725 AUD, there is a 0.4 percent fee.
- On transactions up to 19,11,450 AUD, a 0.39 percent tax is levied.
- Payments in excess of 19,11,450 AUD are subject to a charge. 0.38 percentile
How long does it take to send money from Australia to India?
Wise may send your money within one day on many common routes, as a same-day transfer or even an immediate money transfer.
Different payment methods or normal inspections might sometimes alter the transfer delivery time. Wise will keep you updated at all times, and you can follow each step in your account.
Easy and fast
What is the best way to send money from Australia to India?
Simply enter the payment amount and where it should be spent.
To make a local payment to Wise, use a bank transfer, a debit or credit card, or a quick bank transfer. It’s as simple as that.
By converting your money at the correct “inter-bank” rate, Wise saves you time (especially when compared to companies that claim to have “zero” commission). Dishonest bank fees and growing hidden costs have no place on Wise. A payment can be made in a number of different ways. The most typical mode of payment is a bank transfer, debit card, or credit card.
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Wise is secure and safe
Wise is a UK-based Electronic Money Institution that is independently regulated by the Financial Conduct Authority (FCA).
This means that they’re obligated by law to keep your money secure by storing it in a low-risk financial institution – in Europe, this is their UK account with Barclays, and in the US, it’s their US account with Wells Fargo. They’re dedicated to protecting your personal information and are open about how Wise gather, process, and store it. The service works 24 hours a day, 7 days a week to keep your account and funds safe from even the most sophisticated fraud. They protect your cash distinct from their own accounts and out of reach of their business partners by storing them in well-known financial institutions. To safeguard your account and transactions, Wise employs two-factor authentication. This implies that you — and only you — have authority over your money. More than 12 million people have placed their faith in Wise.
When sending money to India, you can save money.
Wise can help you convert your Australian $ to Indian rupee right now. Wise makes sending money to India simple: just enter the amount and destination. Then, using a bank transfer, quick, or your debit or credit card, make a local payment to Wise. Your payment option will play a big role in determining the best way to transfer money with Wise. Some means of payment are faster than others. Some are immediate, while others are less expensive.
