Remitly vs Panda Remit: The Best Way to Send Money from the UK to Australia

Introduction

Sending money to loved ones in Australia has become easier and faster than ever. Whether you’re supporting family, paying university tuition, or helping in an emergency, finding the right transfer method can save you both time and money. Many people search for “Remitly send money Australia” to discover secure and affordable ways to transfer funds from the UK.

Remitly is one of the most trusted digital money transfer platforms for sending money internationally. It’s known for its ease of use, transparent fees, and reliable delivery times. As an alternative, Panda Remit has been gaining popularity thanks to its zero-fee first transfers and loyalty reward system, making it an excellent option to compare when sending money to Australia.

Can You Send Money to Australia with Remitly?

Yes, you can send money from the UK to Australia with Remitly. The platform supports several delivery options so recipients can receive funds quickly and securely. Common delivery methods include:

• Bank deposit – Funds are sent directly to the recipient’s Australian bank account.

• Cash pickup – Available at selected partners in Australia.

• Mobile wallet – Some local wallet services are supported, though most users prefer direct bank deposits for convenience.

Panda Remit also offers fast transfers, often with instant or same-day delivery to supported Australian banks, providing an alternative for users who prioritise speed.

Common Banks in Australia

When sending money, recipients in Australia often use the following major banks:

• Commonwealth Bank of Australia (CBA)

• Westpac Banking Corporation

• Australia and New Zealand Banking Group (ANZ)

• National Australia Bank (NAB)

• Macquarie Bank

Popular Mobile Wallets in Australia

While bank transfers dominate, a few mobile payment solutions are also commonly used:

• Beem It

• Apple Pay / Google Pay (linked to bank cards)

• PayID (linked to Australian bank accounts for instant transfers)

Step-by-Step Guide — How to Use Remitly for Australia

Here’s a simple process to send money from the UK to Australia using Remitly:

1. Create a Remitly account
   Sign up on Remitly’s website or download the mobile app. Registration takes only a few minutes.

2. Verify your identity
   UK regulations require identity verification for international transfers. Have your ID ready to complete this step quickly.

3. Choose Australia as the destination country
   Enter the amount in GBP you wish to send. Remitly will display the exchange rate and fees upfront.

4. Select the delivery method
   Choose between bank deposit, cash pickup, or available wallet options. Bank deposits are typically the most popular.

5. Enter recipient details
   Provide accurate bank account information or pickup details for the recipient in Australia.

6. Pay and track your transfer
   Complete the payment using your preferred method (e.g., bank transfer or debit card). You can track your transfer status in real time through the app.

Tip: With Panda Remit, you can also complete the entire process online, with zero fees on your first transfer, making it worth comparing before you send.

Fees, Exchange Rates & Limits

When transferring money with Remitly, the total cost includes:

• Transfer fee – Fixed fee depending on the amount and delivery speed.

• Exchange rate – The rate may include a small markup from the mid-market rate.

• Transfer limits – Daily and monthly limits apply depending on your verification level.

Below is an example table of how GBP to AUD transfers typically work on Remitly (illustrative rates):

Exchange rates are indicative and may vary based on market fluctuations and chosen delivery options.

Panda Remit Advantage

Panda Remit offers zero-fee first transfers and often provides seasonal coupon codes for existing users, which can significantly increase the amount your recipient receives.

Transfer Speed & Delivery Options

Remitly offers two main speed options when sending money to Australia:

• Express – Transfers are usually delivered within minutes when paid by debit card.

• Economy – Usually takes 3–5 business days and is typically cheaper, suitable for non-urgent transfers.

Delivery Channels

• Bank deposit – Most popular and convenient.

• Cash pickup – Limited but available in selected partner locations.

• Mobile wallet – Supported for some Australian services.

Panda Remit is known for instant bank deposits or same-day arrivals, making it a strong competitor for users who value speed without paying extra fees.

Useful Tips Before Sending Money

Before making your transfer, consider these practical tips to save money and avoid delays:

1. Monitor exchange rates – Small differences in rates can impact large transfers significantly.

2. Avoid unnecessary fees – Paying with a debit card or bank transfer is usually cheaper than other methods.

3. Verify recipient information carefully – Incorrect account numbers can delay the transfer or cause it to bounce.

4. Compare providers each time – Rates and fees can change frequently; what was cheapest last month might not be today.

5. Watch for promo offers – Many providers, including Panda Remit, offer referral bonuses or seasonal coupons.

Conclusion & Recommendation

Sending money from the UK to Australia is fast, secure, and affordable when you use reputable providers. Remitly stands out for its reliability, transparent pricing, and flexible delivery methods. However, Panda Remit is increasingly attractive for those who want zero-fee first transfers, loyalty rewards, and potentially faster delivery times.

For frequent transfers, comparing both services before each transaction can help you maximise your savings and ensure your recipients get the most out of every pound you send.