Bankwest GBP to AUD Exchange Rates & Currency Deals

   

What is the best Send Money conversion rate for GBP to AUD?

The best GBP to AUD exchange rate is 2.0438 from Wise. This is -0.45% compared to the mid-market rate 2.0531.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Australian dollar (AUD) rates from different sources before making a conversion.

The above Bankwest - Sterling to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bankwest and other foreign exchange providers against the latest GBP-AUD mid-rate and the possible savings of using various providers. 

How do Bankwest GBP-AUD rates compare between providers?

Looking at the full GBP to AUD - Send Money comparison table the provider with the best GBP to AUD exchange rate is Wise at 2.0438, -0.45% from the latest mid-market rate 2.0531.

The next best is OFX at 2.0428, -0.5% from the mid-rate.

Then XE at 2.0407, which is -0.6% from the mid-rate.

The Western Union rate is 2.0325 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 1.9487 at -5.1% the Royal Bank of Scotland rate is 1.961 at -4.5% and the Barclays Bank rate is 1.9812 at -3.5% compared to the mid-rate 2.0531.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bankwest often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare GBP to AUD Transfer Rates