1 AUD to INR Remitly: A Guide to Converting Australian Dollars to Indian Rupees
Are you planning to send money from Australia to India? If so, you're probably wondering how to convert Australian Dollars (AUD) to Indian Rupees (INR) using Remitly, a popular online money transfer service. In this article, we'll take a closer look at the exchange rate, fees, and process of converting 1 AUD to INR with Remitly.
What is Remitly?
Remitly is a digital remittance company that allows individuals to send money across borders quickly and securely. Founded in 2011, Remitly has become a trusted brand in the money transfer industry, with operations in over 160 countries worldwide.
1 AUD to INR Exchange Rate
As of [current date], the exchange rate for 1 AUD to INR is approximately 56.55 INR. This rate may fluctuate depending on market conditions, so it's essential to check the current rate before making a transfer.
Remitly Fees for 1 AUD to INR Transfers
When using Remitly to send 1 AUD to INR, you'll incur a small transfer fee. The fee amount depends on the transfer amount, payment method, and delivery speed. Here's a breakdown of the fees:
- Economy: 1.99 AUD + 1.25% of the transfer amount (delivered in 3-5 business days)
- Express: 3.99 AUD + 1.25% of the transfer amount (delivered in minutes)
How to Convert 1 AUD to INR with Remitly
Converting 1 AUD to INR with Remitly is a straightforward process:
- Create an account: If you're new to Remitly, sign up for an account on their website or mobile app.
- Set up a transfer: Enter the transfer amount (1 AUD), select India as the recipient country, and choose the delivery speed (Economy or Express).
- Add recipient details: Enter the recipient's name, email address, and Indian bank account details.
- Choose payment method: Select your payment method (debit card, credit card, or bank transfer).
- Review and confirm: Review the transfer details, including the exchange rate and fees, and confirm the transfer.
Benefits of Using Remitly
Remitly offers several benefits when converting 1 AUD to INR:
- Competitive exchange rates: Remitly offers competitive exchange rates compared to traditional banks and other money transfer services.
- Fast and secure transfers: Remitly's transfers are fast, secure, and reliable, ensuring your money reaches the recipient quickly and safely.
- Low fees: Remitly's fees are lower compared to traditional banks and other money transfer services.
- Easy online process: Remitly's online process is easy to use, and you can track your transfer status in real-time.
Conclusion
Converting 1 AUD to INR with Remitly is a convenient and cost-effective way to send money from Australia to India. With competitive exchange rates, low fees, and a fast online process, Remitly is a popular choice for individuals and businesses alike. Before making a transfer, be sure to check the current exchange rate and fees to ensure you get the best deal.
