Best Way to Send Money from Greece to Australia
Because banks shouldn't hide your money in spreads.
We expose the real cost of every transfer — the spread, the fees, the delivery time — and rank providers by what actually lands in your recipient's account. No sponsored ordering. Ever.
Which provider is cheapest to send money from Greece to Australia in 2026?
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How has the EUR/AUD exchange rate changed recently?
vs Traditional Banks
You save up to AUD 120
on a EUR 900 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending money from Greece to Australia is most affordable through digital providers like Wise, Remitly, and Revolut, which typically beat Greek banks by 3-8% on exchange rates. This guide walks you step-by-step through choosing the right service, avoiding hidden fees, and timing your EUR to AUD transfer for maximum value.
In Australia, recipients can access funds directly at Commonwealth Bank of Australia, the country's largest financial institution. By using Wise instead of a traditional bank wire, your recipient gets approximately 70 AUD more on a $1,000 transfer — because digital providers pass the real exchange rate directly. Worth knowing about the local currency: Australia's $10 polymer note features a transparent window with a diffractive image — a world first when introduced in 1992.
Our verdict: Compare the total AUD landing in the recipient's account — not the advertised fee — and you will almost always find a digital provider beats your Greek bank by hundreds of euros.
Step 1: Understand the EUR to AUD Corridor
Before initiating your transfer, take a moment to understand who typically uses this route. The Greece-to-Australia corridor is dominated by Greek expatriates supporting family in Melbourne and Sydney (home to one of the largest Greek diaspora communities in the world), parents funding tuition for students at Australian universities, and small business owners paying suppliers Down Under. Remittances play an important role in Australia's economy, supporting household consumption and educational expenses for thousands of families. Knowing your purpose helps because providers offer different fee structures for personal versus business transfers.
Step 2: Check the Mid-Market Rate First
Open Google or XE.com and search "EUR to AUD" to find the real mid-market rate. Write this number down — it is your benchmark. Every quote you receive afterward should be compared against this figure. If a provider offers you a rate that is 3% worse than the mid-market rate on a €5,000 transfer, that is €150 disappearing into hidden margins before any "fee" is even charged.
Step 3: Spot the Hidden Fees
Hidden fees come in two forms, and you must check both:
- Exchange rate markup: the gap between the mid-market rate and what the provider quotes you. This is where banks hide most of their profit.
- Flat fees: a fixed charge (typically €3 to €30) shown clearly on the confirmation screen.
A bank advertising "zero fees" almost always recovers its margin through the exchange rate. Always calculate the total AUD your recipient will receive — that final number is the only honest comparison.
Step 4: Choose a Digital Provider Over Your Bank
Open accounts (or comparison tabs) with Wise, Remitly, Revolut, and WorldRemit. Digital providers consistently beat traditional Greek banks like Piraeus, Alpha Bank, or Eurobank by 3% to 8% on exchange rates because they operate without legacy correspondent banking networks. For a €10,000 transfer, that difference can mean an extra A$500 to A$1,300 landing in the recipient's account.
Step 5: Verify Delivery to the Recipient's Bank
Ask your recipient which Australian bank holds their account. The two largest receiving banks in Australia are Commonwealth Bank and ANZ, and most digital providers can deliver directly to accounts at these banks via local AUD rails — meaning faster settlement and no intermediary deductions. If the recipient uses a smaller institution, double-check coverage on the provider's website before locking in the transfer.
Step 6: Pick Your Speed Tier
Most providers offer two speeds:
- Instant or express: arrives in minutes to a few hours, usually for a small premium. Choose this for medical emergencies, deposits with deadlines, or rent payments.
- Economy: takes 1 to 3 business days and is the cheapest option. Use it for tuition, savings transfers, or any non-urgent gift.
For routine family support, the economy option saves real money over a year of monthly transfers.
Step 7: Prepare Your Documents
Standard banking regulations apply for sending from Greece to Australia. Have your Greek tax number (AFM), passport or ID, and proof of source of funds ready for any transfer above €3,000. Australian banks may also request a reason for the transfer if the amount exceeds A$10,000, so document the purpose (gift, tuition, property purchase) up front.
Step 8: Time Your Transfer Strategically
Follow these practical tips to maximize value:
- Avoid weekends — markets are closed and providers widen their spreads on Fridays.
- Send mid-week, mid-morning Athens time, when EUR/AUD liquidity is highest.
- Set a rate alert on Wise or Revolut so you are notified when EUR/AUD hits your target. A 1% improvement on a €20,000 transfer is roughly A$300.
- For amounts above €25,000, contact the provider directly — most offer tiered discounts or dedicated support for larger transfers.
Step 9: Confirm and Track
Before clicking send, screenshot the locked-in rate and the final AUD amount. Save the transaction reference number and share the tracking link with your recipient so they can monitor the inbound payment. If anything looks off after sending, contact support within 24 hours — most disputes are resolved quickly when raised early.