As geographical neighbours, Australia and Papua New Guinea share strong and important links. And with PNG home to the iconic Kokoda Track, this stunning mountainous nation is an extremely popular destination for Australian tourists.
If you ever need to send money to PNG from Australia, there are plenty of transfer options at your disposal. Just make sure you compare them all to ensure that you find the most cost-effective solution.
International Money Transfer Offer
WorldRemit International Money Transfers
Send money online within minutes
Large range of destinations
Able to send to cash pickup locations
International Money Transfer Offer
Use promo code 3FREE to send your first 3 transfers with no fee.
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
Banks versus money transfer companies
Banks might offer a convenient choice when it comes to sending money overseas, but they certainly don’t offer the most cost-effective option. With high transfer fees and some pretty abysmal exchange rates, banks take more than their fair share of the amount you transfer.
If you want to find a better deal, consider the services offered by specialist money transfer companies such as OFX. These providers concentrate all their efforts on moving funds internationally, offering safe, easy and affordable transfers. With lower transfer fees and superior exchange rates, they can save you a whole lot of money the next time you need to send money to PNG.
Ben Sends Money to Papua New Guinea
Ben’s girlfriend Sarah has been posted to Papua New Guinea to work for six months. With her birthday fast approaching, Ben wants to send Sarah a $1,000 money transfer as a gift. Instead of approaching his bank to send the transfer — he’s seen the poor exchange rates they offer and they don’t offer exotic currencies — he decides to compare two money transfer companies and see which one offers the most affordable option.
As you can see in the table below, using the first transfer company will save Ben AUD $5 in transfer fees and also allow him to send an extra 65 PGK.
Money transfer company 1
Money transfer company 2
1 AUD = 2.111 PGK
1 AUD = 2.046 PGK
Online bank account transfer
Online bank account transfer
Amount received (in PGK)
How do I compare transfer companies when transferring and receiving money via Papua New Guinea?
Exchange rates. Does the company regularly offer better exchange rates than its competitors? If so, do those rates come with high transfer fees attached?
Transaction fees. How much will you need to pay in fees each time you send money to Papua New Guinea? Can you avoid fees by sending large transfer amounts?
Transfer methods. Can you place transfers in a branch or online? What about over the phone or through a mobile app?
Flexible options. Can you schedule a recurring payment in advance and save yourself some time? Can you place forward contracts and limit orders to lock in the exchange rate you want?
Transfer time. How long will it take until the funds you send make it into your recipient’s bank account or wallet?
Minimum transfer amounts. If the company imposes minimum or maximum transfer limits, will these have an impact on your regular transfer needs?
Pickup options. Can your beneficiary collect the funds from a cash pickup location? Or will the money be deposited straight into their bank account?
Customer service. If you ever need help with a transfer, does the company provide phone, email and live chat support?
If you ever need to help out a friend or relative in an emergency and send an urgent cash transfer to Papua New Guinea, there are plenty of transfer providers who can help. Just be aware of the fact that these transactions usually cost more than a normal transfer, with high transfer fees and low exchange rates combining to deliver a blow to your finances. This is why it’s always a good idea to check all the details of a transaction before handing over any cash.
Cash pickup locations in Papua New Guinea/ Western Union / MoneyGram branches in Papua New Guinea
With locations in Papua New Guinea and Australia, Western Union and MoneyGram offer fast and convenient international cash transfers. You can see the details of some popular cash pickup locations in PNG below, but make sure you have photo ID and the details of your transaction when you go along to collect any funds.
Bank of South Pacific Cnr Dounglas & Musgrave StreetsPO Box 78Port Moresby, National Capital District 121+675-3229834Open 8am to 3pm Monday to Thursday, 8am to 4pm Friday
Bank of South Pacific Section 62, Lot 10, Morata StGordonsP0 Box 1710, BorokoPort Moresby,+675-3255999Open 8am to 3pm Monday to Thursday, 8am to 4pm Friday
Huon Golf Huon Gulf Post OfficeNa Lae, Morobe+675-4730407Open 8am to 4:30pm Monday to Friday, 8am to 11:30am Saturday
City Pharmacy Lae Lae, Lae+675-312 0000Open 8am to 8am Monday to Saturday, 8am to 6:30pm Sunday
Westpac Bank PNG Port MoresbyNational Capital DistrictBoroko, 1116753123311Open 8:45am to 3pm Monday to Thursday, 8:45am to 4pm Friday
Westpac Bank PNG Jacksons Parade 7 milePort Moresby,3251901Open 8:45am to 3pm Monday to Thursday, 8:45am to 4pm Friday
Westpac Bank PNG PO Box 235 Lae MPLae, 4116754726394Open 8:45am to 3pm Monday to Thursday, 8:45am to 4pm Friday
Australian travellers to Papua New Guinea are advised by the Department of Foreign Affairs and Trade to exercise a high degree of caution. So when you go to pick up cash from a transfer agent in PNG, follow a few simple precautions to ensure that you stay safe. Don’t go alone to a transfer branch and only pick up cash in an area where you feel safe. Don’t display the cash in front of strangers and make sure to deposit it somewhere safe as soon as possible.
Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.
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