Send Money from Australia to Pakistan — Best AUD/PKR Rates

Your recipient in Pakistan can receive PKR in several ways. The fastest method depends on whether they have a bank account, a mobile wallet, or need cash:

• Bank Account (IBFT) — Interbank Funds Transfers to all Pakistani banks via RAAST payment system.
• EasyPaisa / JazzCash — Mobile wallet delivery widely used across Pakistan for instant receipt.
• Cash Pickup — Available through HBL, MCB agents, Western Union, and local exchange companies.

Confirm the delivery method with your recipient before you send. Most providers let you choose the method during checkout, but the fee and speed can vary — bank transfers are typically cheapest, cash pickup is typically fastest.

There is no single 'best' provider — the right choice depends on whether you prioritise the recipient amount, the fee, the speed, or the institution type.

• If you want the most for your money: Remitly delivered the highest recipient amount in our most recent live snapshot.
• If you want zero fees: Remitly charges no upfront fee — just check the exchange rate margin in the table to see what you actually receive.
• If you'd rather use a bank: National Australia Bank is one of the licensed bank options in this corridor — slower (typically 1–3 days) and usually more expensive than money-transfer operators, but some senders prefer the familiarity.

Recommendations refresh with the live data above. The provider that wins today may not win tomorrow — always check the live table immediately before sending.

Sending money out of Australia is generally not taxed for the sender, but there are reporting and compliance rules worth knowing — especially for larger amounts. The most relevant rules:

• AUSTRAC Registration — All Australian remittance providers must register with AUSTRAC (Australian Transaction Reports and Analysis Centre) and report transactions over AUD 10,000 or any suspicious activity.
• International Funds Transfer Instruction (IFTI) — Banks and money services businesses are required to report every IFTI to AUSTRAC, regardless of the amount. This is a back-end reporting requirement — there is no special form for the sender.
• Tax on overseas gifts — Genuine gifts to family members overseas are not taxable in Australia. However, if the transfer is for income-generating activity (e.g. property purchase abroad), capital gains and foreign income rules may apply.

For a complete view of the rules that apply to senders in Australia, see our Australia guide. For your specific situation, consult a tax professional.

Pakistan's rules around inbound foreign currency are usually permissive for personal remittance, but it's worth knowing the framework:

• SBP Roshan Digital — State Bank of Pakistan's Roshan Digital Account allows overseas Pakistanis to receive and invest remittances through a special account.

In the AUD to PKR corridor right now, 7 providers are competing for your transfer — and the gap between the best and worst deal is ₨8,388 on a A$1,000 send. Remitly delivers ₨1,97,334 while Westpac delivers only ₨1,88,946. That difference comes almost entirely from rate margin, not the headline fee.

The mid-market rate — the one banks use among themselves — is currently 1 AUD = 197.13 PKR. At that rate, A$1,000 would convert to exactly ₨1,97,126. Remitly's rate of 197.33 means a margin of roughly -0.11%, while Westpac's rate of 188.95 embeds a 4.15% margin. Even small-sounding percentages add up: on a A$5,000 transfer, that worst-case margin costs you ₨41,942 compared to the best option.

Remitly, National Australia Bank, Westpac all advertise zero upfront fees on this corridor — but "no fee" does not mean "no cost". Each of those providers builds a margin into the exchange rate they offer. Compare their recipient amounts in the table above: the differences prove that zero-fee offers vary widely in actual value.