Transferring uk pounds to Aus$
#1
Just Joined
Thread Starter
Joined: Jun 2010
Posts: 2
Transferring uk pounds to Aus$
Hi to all
I am coming over to Melbourne in two weeks and was hoping if anyone can advise the best profitable way to get uk pounds transferred to Aus $?
I understand the rate is always changing, however, is their a good website to visit?
Appreciate all comments given.
I am coming over to Melbourne in two weeks and was hoping if anyone can advise the best profitable way to get uk pounds transferred to Aus $?
I understand the rate is always changing, however, is their a good website to visit?
Appreciate all comments given.
#2
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Joined: Dec 2002
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Re: Transferring uk pounds to Aus$
#3
Just Joined
Joined: Feb 2007
Posts: 13
Re: Transferring uk pounds to Aus$
When we moved over from London to Sydney in 2007 we used HiFX a lot of times (http://www.hifx.co.uk/) and very happy with it. The rate and service were good too.
You guys will love Melbourne, it is a very cosmopolitan and vibrant city. A bit colder than Sydney and has a European feel to it.
You guys will love Melbourne, it is a very cosmopolitan and vibrant city. A bit colder than Sydney and has a European feel to it.
#4
Just Joined
Thread Starter
Joined: Jun 2010
Posts: 2
Re: Transferring uk pounds to Aus$
Thanks for your replies
Once using the links that you guys have provided(thanks) Will I need to setup a Aus bank acc to enable me to (eventually) transfer a large amount of monies?
Once using the links that you guys have provided(thanks) Will I need to setup a Aus bank acc to enable me to (eventually) transfer a large amount of monies?
#5
Re: Transferring uk pounds to Aus$
Or you can wait until you arrive in Australia, walk into any bank and open an account providing you have some ID. Your passport and a credit card is enough usually if you do it within a couple of weeks of arriving. The process you will find is a lot easier than with a UK bank and you get your account number on the spot and an ATM / Visa Debit card in a few days.
If you had opened the account from the UK they could have cards etc waiting for you at a branch.
I mention the NAB, not only because I bank with them, but there are no fees or very negligible ones for banking with them and they have branches and ATMs everywhere so are a good starting point.
There are many threads on the subject of which bank to use and many people have preferences but might I suggest one which is large to begin with low fees and then you can always switch to a different bank with the type of account which suits your banking needs.