How to send money to India from Australia

By   |   Verified by Andrew Boyd   |   Updated 22nd November 2021

Transfer Money Australia to India [AUD to INR]
  • Do you need to send more than $10,000 to India? Compare money transfer services to get a quote today
  • There are certain laws and taxes you should know about when sending large amounts of money to India
  • A money transfer service is often the most economical way to move funds overseas, while cash transfers are the fastest

Sending money to family, friends, or businesses in India can be costly and time-consuming, particularly when you’re using your bank. There are also certain taxes and laws you should know about, which can make the process complicated.

In this guide, we'll give you the basics of sending money to India from Australia [AUD to INR].

How much money can you send to India from Australia?

Currently, India and Australia do not limit how much money you can send or receive. However, money transfers over $10,000 are scrutinised more closely by regulators.

To deter fraud, most banks have a limit of $10,000 per transaction. Some, but not all, money transfer services also have transaction limits.

Do you need to send money overseas? Compare your options here.

How much does it cost to send money to India via bank?

Sending money from your bank makes sense if you already have the funds in your account. However, this is may not be the most economical option. Use the table below to check the limits, fees, and processing times of Australia's biggest banks.

Daily Limit$10,000$5,000$5,000$150,000
International transfer fee$10-$32$10-$30$6-$15$9-$32
Processing time1-3 business days1-3 business days1-3 business days2 business days

Alternative ways to send money to India

The three main options for transferring money to India are bank transfers, cash transfers, and using a specialist money transfer service. Each of these options has its advantages and disadvantages.

If you need to send money to India ASAP, an emergency cash transfer may be your best solution since your recipient can often pick up the money within minutes. Cash transfer services are also beneficial for those who don’t have a bank account. You can pay cash at an agent location in Australia, and the recipient can pick up the cash at an agent location in India without using a bank transfer. However, you may pay extra for this convenience.

Using a money transfer service is often the most economical way to move funds overseas, however, this method may take longer.

You can also send money overseas using online payment systems. PayPal is a well-known online payment system.

Digital wallets or E-wallets provide you with yet another way to transfer money overseas, the most common options include Google Pay and Apple Pay.

What money transfer services send money to India from Australia?

Money transfer companies are an alternative to banks for moving personal or business funds overseas. You can compare money transfer services that send funds to India using the table below.


On Airwallex's website



  • Sign up for your first $20,000 of foreign exchange free.
  • Spend less on FX fees and more on growth.
  • Make payments in 23 currencies, into over 130 countries and counting.
  • You always get access to Airwallex's best rates, no matter the transaction volume.

On Wise's website



  • Wise Borderless multi-currency receiving accounts. This gives you access to a digital currency wallet that you can hold and transact in over 50 currencies.
  • Borderless Debit Card. The FX optimised debit card is attached to your Wise Borderless account that can be used to withdraw or pay for purchases in foreign currency within or outside Australia.
  • Android and Apple Apps. Indulge convenience by transacting thru the Wise App anytime and anywhere!
  • Fund options. Loads of options to fund your Wise account including transfer from Debit and credit cards, or thru a local bank transfer. Quick and easy!

On Send's website



  • Make and receive fee-free, real-time payments in 37 different currencies.
  • Feel like a VIP with your own dedicated account manager.
  • Moving house? Get the best rates on your property sale or purchase and you could save thousands compared to using a bank. 

On Remitly's website



  • Enjoy great exchange rates and low fees.
  • Every transfer carries a delivery promise. Have your money delivered on time or get your money back.
  • Safety and security. Remitly uses industry-standard security protocols and encryption.

Laws and Taxes

There is no tax on money sent from Australia to India to blood relatives. A “blood relative” — such as a spouse, child, grandchildren, sibling, or in-law — will not pay tax on any amount you send them. The same goes for money sent as part of an inheritance or as a wedding gift.

However, when you send more than 50,000 rupees (about $AU 894.50) to someone in India who isn’t defined as a blood relative they will be subject to a gift tax, as regulated by India’s Income Tax Department.
It is important to note this, especially if you are an Australian business sending money to an Indian company.

The ATO may also investigate all money transactions and ask you about their tax implications.

What to compare to get the best deal

Consider the following when sending money to India from Australia:

  • Fees: How much will the transfer cost and who pays the fees? Will your recipient receive the entire amount?
  • Delivery methods: Does your recipient need a bank account or app?
  • Payment options: Can you pay in cash or with a credit card? Do you have to top up an app or make a bank transfer to your payment method?
  • Exchange rates: How much Indian rupee (INR) are you getting for your Australian Dollar (AUD)? Is the bank or money transfer company offering the market exchange rate or a bank rate?
  • Transfer speed: When will the money arrive?