Question 1

What is the best way to send money from Australia to Sri Lanka?

Accepted Answer

Today, Western Union delivers the highest amount — Rs2,30,712 for every A$1,000 sent, at a rate of 230.7120 LKR per AUD. Compare every provider's true cost (rate plus fee) above before deciding.

Question 2

What is today's AUD to LKR exchange rate?

Accepted Answer

The mid-market rate right now is approximately 1 AUD = 229.7640 LKR. This is the rate banks use among themselves — providers add a margin on top, which is why the rate you actually get is lower.

Question 3

How much does it cost to send A$1,000 to Sri Lanka?

Accepted Answer

Costs vary significantly. The best provider (Western Union) gives you Rs2,30,712 after fees. The worst (Commonwealth Bank of Australia) only gives you Rs2,13,788. That's a difference of Rs16,924 on a single A$1,000 transfer.

Question 4

How long do transfers take?

Accepted Answer

Speed varies by provider and payment method. Western Union typically completes in minutes. Cash pickup networks like MoneyGram, Western Union and Xoom are usually fastest (minutes). Bank wires and ACH transfers can take 1–3 business days.

Question 5

Are there taxes on sending money to Sri Lanka?

Accepted Answer

In most cases, sending money internationally is not taxable for the sender. However, large transfers (typically over $10,000 USD or equivalent) may require reporting to financial authorities such as FinCEN in the US or HMRC in the UK. The recipient country may have its own rules. Always check with a tax professional for your situation.

Provider	Fee	Rate	Recipient gets	Speed
1 Western UnionBest value	Free	230.71	Rs2,30,712	Minutes	Send
2 Wise	AUD 8.47	229.76	Rs2,27,818	Within 1 hr	Send
3 Instarem	AUD 9.50	229.69	Rs2,27,508	Same day	Send
4 Remitly	AUD 1.99	227.47	Rs2,27,017	Minutes	Send
5 ANZ	Free	221.87	Rs2,21,865	1–3 days	Send
6 National Australia Bank	Free	221.04	Rs2,21,038	1–3 days	Send
7 OFX	AUD 15.00	224.13	Rs2,20,770	1–2 days	Send
8 Commonwealth Bank of Australia	Free	213.79	Rs2,13,788	1–3 days	Send

Send Money from Australia to Sri Lanka — Best AUD/LKR Rates

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