Unicorn Currencies
...
🇬🇧→🇦🇺

Send Money from United Kingdom to Australia

Businesses in United Kingdom paying Australia suppliers for Mining. Send GBP from United Kingdom, receive AUD in Australia with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local GBP collection + local AUD delivery = no correspondent bank fees

Save £2,030 per £100k Payment

United Kingdom to Australia corridor savings

Traditional Bank
£2,535
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£505
  • ✓ T+0 (2.3s avg within Unicorn network)
  • ✓ Local GBP collection
  • ✓ Transparent 0.5% spread
  • ✓ NPP (New Payments Platform)
Your Savings
80%
£2,030 per £100k
At £300k-£3M monthly, save £5,080/year

Sending from United Kingdom: What You Need to Know

GBP Origin Specifics

  • GBP free-floating currency
  • Post-Brexit customs documentation
  • FCA regulated payment services

Your Local Advantages

  • Local GBP account available
  • Faster Payments instant collection
  • No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.

Paying Suppliers in Australia: Compliance & Requirements

Regulatory Considerations

  • APRA (Australian Prudential Regulation Authority) oversight
  • GST (10%) applicable to most goods/services
  • ABN (Australian Business Number) required for all suppliers
  • AUSTRAC AML/CTF compliance

Payment Best Practices

  • Australia = Mining and agriculture powerhouse, commodity exporter
  • NPP enables instant AUD payments without international wire fees
  • Strong trade relationship with Asia-Pacific region
  • Time zone considerations: AEST is 9-11 hours ahead of UK
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via NPP (New Payments Platform)

United Kingdom → Australia Corridor Insights

Popular Industries

  • Mining
  • Agriculture
  • Education

Peak Trading Hours

22:00-06:00 GMT (Australia business hours)

Best for rate execution and faster settlement

Typical Volume

£50k-£250k

Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send GBP from United Kingdom to Australia?

Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.

Open AccountView Australia Details

Bank of Canada registered PSP | FINTRAC licensed MSB