Best way to send money to Hong Kong from Australia

Updated Nov 13, 2020. What changed?

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Australia and Hong Kong share strong commercial and personal links. Around 90,000 Australians and more than 550 Australian companies are based in Hong Kong, while another 1,000 Australian companies have offices in the region. That means there are plenty of situations where you might need to send money to Hong Kong from Australia.

Before you do, make sure you compare a range of money transfer providers to find the best possible deal.

Compare options for sending money to Hong Kong

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to Hong Kong with our money transfer partners.

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Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
AUD 3	1 - 2 days	AUD 8.00	5.574	HKD 27,825	Transfer money overseas for $0. Valid till 15 February 2022. T&Cs apply.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 3.00 Transfer methods Online, Phone, Agent, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders Customer service Phone, Chat, Email, Branch Available currencies AED, AUD, CAD, CHF, CNY, DKK, EUR, GBP, HKD, JPY, MXN, NOK, NZD, SAR, SEK, SGD, THB, USD, ZAR Go to site Read the full review
AUD 1	Within an hour	AUD 3.99	5.561	HKD 27,783	Use code Take10AUD to get $10 off when you spend $20. Valid till 31 January 2022. T&Cs apply. Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply. WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Chat Available currencies AED, ALL, AMD, ANG, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
AUD 250	1 - 2 days	-	-		$0 transfer fees for Finder customers. OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 250.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CNY, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
AUD 1	1 day	AUD 30.00	5.59	HKD 27,783	Pay no fees on your first two transfers, up to $3,000. SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, CAD, CNY, EUR, GBP, HKD, IDR, INR, JPY, KRW, LKR, MYR, NPR, NZD, PHP, SGD, THB, USD, VND, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	5.551	HKD 27,755	TorFX guarantees to match any competitor's exchange rate. Conditions apply. TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 1	Within an hour	AUD 0.00	5.562	HKD 27,808	XE has fast transfers with low fees and a range of foreign currency tools.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments, Market orders Customer service Phone, Chat, Email Available currencies AED, AMD, AUD, BAM, BBD, BDT, BGN, BHD, BND, BRL, BSD, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MKD, MUR, MWK, MXN, MYR, NAD, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UGX, USD, VUV, WST, XCD, XPF, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	5.534	HKD 27,671	Send guarantees to match any competitor’s exchange rate. T&Cs apply. Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Forward contracts Customer service Phone, Email Available currencies AED, AUD, BGN, BHD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, JPY, KES, KWD, MXN, MYR, NOK, NZD, OMR, PHP, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 5	1 - 2 days	EUR 3.00	5.551	HKD 27,662	Special offer: New customers get unlimited fee-free transfers for their first 3 months. T&Cs apply. CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 5.00 Transfer methods Online Transfer options One off payments Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, NOK, NZD, PHP, PLN, SEK, SGD, THB, USD, ZAR Go to site Read the full review
AUD 1	1 - 2 days	AUD 27.50	5.567	HKD 27,683	Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments Customer service Phone, Chat, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, EGP, EUR, FJD, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW Go to site Read the full review
AUD 200	1 - 2 days	AUD 25.00	5.582	HKD 27,769	Exclusive: Use code FINDER60 to get AUD 30 off your first two transfers. Valid for transfers over AUD 250 and till 31 January 2022. T&Cs apply. Instarem offers simple transfers with a flat 0.5% transfer fee for most transfers.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 200.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, BDT, CAD, CNY, EUR, GBP, HKD, IDR, INR, KRW, LKR, MYR, NPR, PHP, PKR, SGD, THB, USD, VND Go to site Read the full review

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What's the best way to send money to Hong Kong?

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Hong Kong. Some offer cash pickup in as little as a few minutes, while others seamlessly transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you'll typically face higher fees and weaker exchange rates when going that route.

Digital money transfer services

Companies like WorldRemit specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient's Hong Kong bank account, often in as little as a day or two.

Cash transfers

Services like MoneyGram and Western Union allow you to transfer cash for pickup at a local branch in Hong Kong — often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees.

Banks

The Hong Kong dollar isn't a popular currency, so your local bank may not be able to exchange it. If your bank does support the Hong Kong dollar, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a wire transfer to Hong Kong.

Let's crunch the numbers: Sending $1,000 to Hong Kong

Let's say you need to send $1,000 to family in Hong Kong. Here's what you might face as far as fees and exchange rates as of 13 November 2020.

	Digital money transfer service	Cash transfer	Bank transfer
Fee	$6	$60	$9 + additional correspondent bank fees
Exchange rate	1 AUD = 5.60 HKD	1 AUD = 5.85 HKD	1 AUD = 5.44 HKD
Transfer speed	1-2 day	Minutes	2-5 days
Amount received	HKD 5,574	HKD 5,853	HKD 5,396
Verdict	Better than the bank	Fastest and best value	Slowest and most expensive

The bank option ends up being both the slowest and gets the smallest amount of money to your recipient in Hong Kong. If you go with the cash transfer service, your recipient ends up with HKD 457 more than the bank offers. If speed is crucial, a cash transfer can typically have your transfer to Hong Kong in as little as 15 minutes, just make sure there is a cash pickup location near your recipient before sending.

How to send money to Hong Kong online

Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and preferred payment method.
Provide transfer details. Submit your recipient's contact information and pick a delivery method. If transferring to a bank, you'll need their bank account information from Hong Kong.
Confirm transfer details. Double-check your payment method, expected fees and destination.
Save your receipt. Record your receipt's confirmation number to track the progress of your transfer to Hong Kong. Some money transfer providers send a text or email when your transfer is complete.

What are the ways that I can send money to Hong Kong

Bank transfers. Many major Australian banks will allow you to send money to Hong Kong.
Money transfer providers. Providers like Wise and CurrencyTransfer can help you quickly and easily transfer your money online.
Providers with cash pickup. Western Union, WorldRemit and MoneyGram allow you to send funds for cash pickup at agent locations.
PayPal. Electronic payment giant PayPal allows you to send money from Australia to Hong Kong.
Checks and money orders. Although not a quick option, you could send an international check overseas if necessary.

How to get the most out of your money transfer to Hong Kong

Weigh costs and fees against convenience to learn how to compare money transfer providers that send to Hong Kong to best meet your needs:

Exchange rates. The AUD-HKD relationship fluctuates occasionally, so using a service that allows you to lock-in exchange prices may help you save money down the line if the Hong Kong dollar rises against the Australian dollar.
Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger AUD-HKD exchange rate.
Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of pounds you're sending to Hong Kong.
Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Hong Kong.
Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you're sending is a valid strategy for saving money.
Transfer methods. Whether you want money sent to a Hong Kong bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.

Emergency cash transfer to Hong Kong

When urgency trumps cost to get your money to Hong Kong quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

Services that send the fastest money transfers.

How to send money to Hong Kong without a bank account

Cash transfer services can help you if you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.

Hong Kong's exchange rates explained

The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. Hong Kong's exchange rate is flexible compared to the Australian dollar, and AUD-HKD relationship fluctuates often. Factors that may influence the exchange rate include interest rates, economic stability and inflation.

Track how the Hong Kong dollar trades against the Australian dollar in our historical rate chart.

Today's exchange rate AUD to HKD

Documents needed for sending to and receiving money in Hong Kong

To send money to Hong Kong from Australia, you'll need government-issued ID and other documents, while documents needed to pick up money in Hong Kong may differ by company.

Documents to send money from Australia

To send money from Australia to Hong Kong, you'll need documentation and details that include:

Identification. Most services require a driver's license, passport or other government-issued ID.
Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
Recipient information. Submit your recipient's name as it appears on their ID, along with their phone number and Hong Kong bank account information.

Documents to receive money in Hong Kong

To pick up money in person, documentation can include:

Transfer number. The person sending you money can forward the transfer's confirmation details — called a PIN, an MTCN, a reference number or a tracking number, depending on the company.
Government-issued ID. A Hong Kong Special Administrative Region passport, Hong Kong ID or similar official ID may be required to pick up your transfer.
Amount sent. You may need to know how much was sent, usually within 10% of the total.
Sender's information. Take along your sender's full name, the sending country and their address, if known.

What to watch out for

Sending money to Hong Kong may be subject to taxes on the money transfer, but it depends on a lot of variables.

Bottom line

Sending your hard-earned money to Hong Kong shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.

Thank you for your feedback!

Zak Killermann

Zak Killermann is a staff writer at Finder specialising in money transfers. He has ghostwritten hundreds of FinTech articles over the years and found his love for publication at St. Cloud State University. Zak has been travelling internationally for nearly half his life and — after getting burned once by an over-the-counter money exchange — vowed to never settle for anything short of the mid-market rate.

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HSBC International Money Transfers

Transfer money overseas for $0. Valid till 15 February 2022. T&Cs apply.

More info

Azimo International Money Transfers

Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

More info

TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

More info

MasterRemit International Money Transfers

New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
Send money in minutes at competitive exchange rates with this Australian money transfer service.

More info

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How to send money to Hong Kong

Safe, secure and cost-effective transfer options when you need to send money to Hong Kong.

In this guide

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Reviews

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Exchange rates

Promo codes and discounts

Banks

Guides

Compare options for sending money to Hong Kong

Compare up to 4 providers

What's the best way to send money to Hong Kong?

Digital money transfer services

Cash transfers

Banks

Let's crunch the numbers: Sending $1,000 to Hong Kong

How to send money to Hong Kong online

What are the ways that I can send money to Hong Kong

How to get the most out of your money transfer to Hong Kong

Emergency cash transfer to Hong Kong

How to send money to Hong Kong without a bank account

Hong Kong's exchange rates explained

Documents needed for sending to and receiving money in Hong Kong

Documents to send money from Australia

Documents to receive money in Hong Kong

What to watch out for

Bottom line

Zak Killermann

More guides on Finder

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HSBC International Money Transfers

Azimo International Money Transfers

TorFX International Money Transfers

MasterRemit International Money Transfers

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