JoolsB

As I am transferring £150k at once to Aus the bank will give me the higher commercial exchange rate which is only 0.7 cent less than the Ozforex spot rate-so I end up with about $1000 less. I know some people can get nervous transferring their dosh thru a forex company so just thought I'd mention this

Robbie Boy

I have transferred money via Moneycorp and thru a UK bank in the recent past. I have had no problems with either but on one occasion when I rang the bank and told them I was getting a better rate from Moneycorp they matched it and the commission charges were slightly lower. On the sum of money you are transferring you should be able to barter a bit.

Kalenge

Transferring through a bank you're also likely to be hit with bank charges on the other end though. You normally don't incur any bank charges with ForEx companies (at least not with the better ones like OzForex).

Buzzy--Bee

Remember if you mention you are a member of British Expats to Ozforex you should get a better rate.

Buzzy

Centurion

And nobody should be scared of dealing with Ozforex or Hifx. They are reputable international money brokers. I believe some members on here have even just rocked up to their offices unannounced and been very impressed by the setups.

An extra grand is an extra grand.