Send money to Italy

Get bank-beating exchange rates to send money from Australia to Italy. With FlashFX there are no surprises. Just secure, fast, low cost money transfers to Italy. Try us out today!

You send

Two Way Arrow

1 AUD = 0.6244 EUR

They receive

Save up to $203.00 AUD!

Save up to 203.00 AUD when you convert 5,000.00 AUD to EUR with us

With FlashFX you will secure a great exchange rate and pay zero transaction fees. Unlike your bank which has hidden costs due to using intermediaries to shift your money. See how our rates compare and save a lot when you send your money with FlashFX!

Effective Exchange Rate
0.6244
0.6009
0.6018
0.6003
0.5953
0.6012
Bank fees
$0
$0
$18
$10
$10
$10

FlashFX is Safe and Secure

Regulated and licensed by AUSTRAC and ASIC, we provide the same security as your bank but with better exchange rates. See what others are saying about us!

3 Easy Steps to send money to Italy

Step 1 - Create your account

It's easy! Register your details and verify yourself with two pieces of ID. Like a drivers licence and a utility bill. It will only take a few minutes.

Step 2 - Send some money

Input the AUD amount you would like to transfer to Italy and select the currency EUR. Provide us the recipients name, the IBAN number, and the SWIFT/BIC code. Send your money to us and we'll handle the rest.

Step 3 - Track your transfer

Follow your money in real-time via your FlashFX dashboard. Come back anytime to see your history or transactions in progress.

AUD to EUR Rate History

Factors that influence the price of the EUR are not always specific to Italy. They could include monetary policy as set by the European Central Bank or broader political issues like the 2016 U.K. Brexit vote.

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Join our customers who have enjoyed savings when using FlashFX to transfer money overseas

Italy Money Transfer FAQs…

Situated in the heart of the Mediterranean Sea, Italy is home to over 61 million people, making it the fourth-most populous EU member state. With 54 World Heritage Sites, the most in the world, Italy attracts a huge swath of foreign travellers each year and ranks as the fifth-most visited country.

With GDP figures of $US1.85 trillion Italy has the third-largest economy in the Eurozone and the eighth-largest in the world. Manufacturing plays a central role in the domestic economy, with the automotive industry alone contributing over 8.5% to Italian GDP each year. The banking system remains a big risk to the Italian economy. Italy’s banks continue to struggle with large portfolios of non-performing loans leftover from the Global Financial Crisis (GFC) while the state itself is saddled with massive debts.

The official currency of Italy is the euro. The euro is shared by 19 countries in the EU and its value can be influenced by developments both directly and indirectly linked to Italy. For example, in December 2016 the euro sank against the pound and US dollar in the run-up to the Italian Referendum. The international community viewed the Referendum as a test of strength for the anti-Europe and anti-establishment forces in Italy and feared that a "no" vote would usher in political parties who would look to remove Italy from the EU.

To send money to Italy you’ll need the name on the recipient’s bank account, the IBAN number and the SWIFT/BIC Code. The length of an Italian IBAN is always 27 characters and includes the CAB code, which is a 5-digit number that represents the specific branch of the bank in Italy where you want to send money.

In most cases, FlashFX sends euros to Italy via a SEPA transfer. SEPA (or the Single Euro Payments Area) is the new format for cross-border Euro bank transfers. Its aim is to make euro-denominated transactions in the SEPA area no different to domestic payments in terms of cost and speed. SEPA is similar to PayID in Australia.