Moving to a new country to study is one of the most exciting adventures — but it also comes with real money challenges. As an international student (or global traveller), sending funds home, receiving support from your family, or managing a budget between currencies can quickly become a headache. That’s where Wise (formerly TransferWise) truly shines.
Wise is an online money platform built for people who live across borders. It lets you transfer money internationally at fair, transparent exchange rates — no sneaky hidden markups. The platform is intuitive, mobile-friendly, and designed to make your financial life smoother, whether you're in Southeast Asia, Europe, or Down Under.
Can I Use Wise to Send Money to (or from) Australia?
Absolutely — Wise supports sending money to Australia and from Australia, just like it does for many other countries. The platform lets you send money to 160+ countries.
- If you're studying in Australia and want to send money back home, you can.
- If your family or friends are in Australia, it’s possible to receive payments into your Wise account there.
Does Wise work in Australia?
Yes — Wise works perfectly in Australia.
The platform has been operating there since 2015 and has grown a huge user base, from backpackers to full-time students to working professionals. Whether you're already living in Australia or planning your move, Wise makes managing your money across borders simple and affordable.
How much does Wise charge for AUD transfers?
Wise is known for transparent fees — you always know what you’re paying.
Fees vary depending on the currency route and the payment method, but Wise generally keeps costs low. For AUD transfers, Wise applies a small fee made up of a flat amount + a percentage of the transfer, which remains significantly cheaper than traditional banks. The price you see before sending is exactly what you’ll pay — no hidden exchange-rate markups.
(Note: Wise updates fees regularly, so we always recommend checking your exact cost directly in the Wise app before sending.)
How can I pay with Wise in Australia?
Wise gives you several ways to fund your transfers. From Australia, you can pay using:
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Your Australian bank account
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Debit card
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Credit card
If you're overseas and sending money to Australia, you can fund your transfer using your local bank account or card.
It’s flexible, fast, and designed to fit the way you already manage your money.
Why Wise Is a Game-Changer for Anyone Moving Abroad
✅ Fair Exchange Rates
Wise uses the real mid-market exchange rate — the one you see on Google. No markups, no surprises.
✅ Lower Fees
Compared to traditional banks, Wise’s fees are refreshingly low. If you regularly send or receive money from overseas, the savings add up quickly.
✅ Fast & Secure Transfers
Wise sends money quickly (often within minutes or a few hours) and uses bank-level security. You’ll get real-time notifications every step of the way.
✅ Super Easy to Use
Whether you’re on your phone or laptop, the Wise interface is simple and intuitive. The app makes it incredibly easy to send, receive, or convert money on the go.
✅ Multi-Currency Account
One of Wise’s biggest perks: you can hold, manage, and convert over 40 currencies in one single account.
Perfect for:
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Students studying abroad
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Backpackers moving between countries
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Digital nomads
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Anyone juggling multiple currencies
Wise + Your Bank: A Smooth Financial Setup for Students
Wise integrates seamlessly with your existing bank account, making your financial life abroad much more organised.
- Direct Bank Transfers: Link your bank account to move money in and out of Wise easily — no complicated steps, no friction.
- Real-Time Balance Updates: See your updated balances instantly, without switching apps or refreshing your bank’s webpage.
- Automated Transfers: Set up recurring payments for rent, university fees, or monthly budgets. Wise can handle the routine payments so you don’t have to think about them.
- Better Budgeting: By combining your bank and Wise activity, you get a clearer picture of your spending habits — very helpful when you’re settling into a new country.
A Must-Have Tool for International Students & Travellers
Whether you’re moving to Australia, Europe, the UK, or anywhere else, Wise makes cross-border financial management easier, cheaper, and faster.
It’s reliable, secure, and designed specifically for people living abroad.
If you want to avoid bank surprises, high fees, and bad exchange rates, Wise is truly one of the best tools you can have in your pocket.
Get Your First Wise Transfer for Free
Through Study Destination’s referral link, you’ll get your first transfer with zero commission — a perfect way to start your international journey with extra savings.
Ready to make your move easier?
