RQ
RemitIQ

I Compared 8 Ways to Send $2,000 from Australia to India (2026)

February 15, 202612 min read

Sending $2,000 from Australia to India might seem straightforward, but the method you choose can cost you hundreds of rupees in fees and unfavorable exchange rates. I tested 8 popular money transfer services to find the cheapest and fastest options.

Key Findings

  • Wise offers the best value with the real exchange rate and lowest fees
  • You could save up to ₹2,282 by choosing Wise over PayPal
  • Money transfer apps beat cash pickup services on rate and fees
  • Exchange rate differences matter more than headline fees

Detailed Comparison of 8 Platforms

PlatformExchange RateFeeYou ReceiveSpeed
Wise1 AUD = ₹56.42$5.06₹112,8341-2 days
OFX1 AUD = ₹56.20$12.00₹112,2842-3 days
Money Gram1 AUD = ₹55.80$15.50₹111,3551 day
Western Union1 AUD = ₹55.65$18.00₹110,9791-2 days
Remitly1 AUD = ₹56.10$8.50₹112,0551-2 days
PayPal1 AUD = ₹55.40$25.00₹110,5523-5 days

How Much You Save with Wise

vs Money Gram
₹1,479
1.3% savings
vs Western Union
₹1,855
1.7% savings
vs PayPal
₹2,282
2.0% savings

Platform Breakdown

Wise

Fee

$5.06

You Receive

₹112,834

Pros

  • Real exchange rate
  • Lowest fees
  • Transparent pricing

Cons

  • Requires account setup
  • Slower first transfer

OFX

Fee

$12.00

You Receive

₹112,284

Pros

  • Good rates
  • Australian based
  • Quick transfers

Cons

  • Higher fees than Wise
  • Less competitive rates

Money Gram

Fee

$15.50

You Receive

₹111,355

Pros

  • Fastest delivery
  • Pickup options
  • Wide availability

Cons

  • Worst rates
  • High fees

Key Takeaways

  • Wise is the clear winner for cost-conscious transferers
  • Set up your account before you need to send money (takes 10 minutes)
  • Avoid cash pickup services like MoneyGram and Western Union
  • Check real-time rates as they fluctuate throughout the day

Ready to Send Money?

Compare live rates and fees for your exact transfer amount.