Send money from Australia to Romania
Who sends money to Romania from Australia
Romania is a newer corridor for Australia than most of Europe. The community here grew through skilled migration rather than post-war settlement: nurses and aged care workers, IT people, engineers, drivers and tradespeople, spread through Melbourne's north and west and across outer Sydney rather than gathered into one suburb.
The money goes back to Bucharest, Cluj, Timisoara, Iasi and a long list of smaller towns, and it does what first-generation money always does. Parents, a mortgage taken out before leaving, a sibling at university, a house being finished slowly over several years.
Which makes the currency question the important one on this page, because almost every one of those costs is quoted in lei.
Three steps to a euro credit

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The cost, and the second cost you do not control
The part Grey cannot show you is what the Romanian bank charges to move that euro into lei. Every bank sets its own rate for that, and it is applied after the money has already arrived.
So the honest comparison on this corridor is not euro against euro. It is the whole path from Australia to a lei balance, and a stretch of that path belongs to the receiving bank rather than to Grey.

How the euro rate works here

The conversion Grey performs is out of your USD, GBP or EUR balance into euro, and that rate is fixed when you confirm. It does not move afterwards and nothing is adjusted once the payment has gone.
If the recipient holds a euro account in Romania, and plenty of people do, the money simply sits there as euro and no second conversion happens at all. That is the case this route suits best.


How this compares with an Australian bank
What the recipient in Romania sees

Romanian banks

IBAN only

Usually minutes
Getting money into the Australian account
Work paid from abroad
Money held offshore
GreyTag
What the money is for
Parents and grandparents
A mortgage left behind
Building and renovation
University costs
Why Grey between Australia and Romania
It moves an agreed euro amount from Australia into a Romanian bank account quickly and visibly. It is not a lei product and there is no point pretending otherwise.



