Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Best company to use for transfering money

Best company to use for transfering money

Old Jan 12th 2006, 6:38 am
  #1  
Potton to the Gold Coast
Thread Starter
 
Rob Morton-Jone's Avatar
 
Joined: Feb 2004
Posts: 2,211
Rob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to behold
Default Best company to use for transfering money

Just a quickie to ask who you thought the best exchange company was to use?

We are looking to transfer over some well earned GBP in a few weeks so any advice would be most welcomed

Rob
Rob Morton-Jone is offline  
Old Jan 12th 2006, 6:41 am
  #2  
Karma earned, not whored
 
CadburysFingers's Avatar
 
Joined: Apr 2004
Location: Perth
Posts: 1,001
CadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of lightCadburysFingers is a glorious beacon of light
Default Re: Best company to use for transfering money

We have always used HIFX (hifx.com.au or hifx.co.uk) They are pretty good and you can haggle them in an upwards direction.
CadburysFingers is offline  
Old Jan 12th 2006, 6:50 am
  #3  
BE Forum Addict
 
ianandhelena's Avatar
 
Joined: Aug 2005
Location: Kingston, Tas
Posts: 2,140
ianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond repute
Default Re: Best company to use for transfering money

Originally Posted by Rob Morton-Jone
Just a quickie to ask who you thought the best exchange company was to use?

We are looking to transfer over some well earned GBP in a few weeks so any advice would be most welcomed

Rob
just search this forum for transfers-loads of past threads about this!
ianandhelena is offline  
Old Jan 12th 2006, 6:55 am
  #4  
BE Forum Addict
 
Joined: Jan 2004
Posts: 1,818
SuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really niceSuperSeagulls is just really nice
Default Re: Best company to use for transfering money

Check out Tranzfers........great rates, and very very easy to do (you can do it all online if you like).

SS
SuperSeagulls is offline  
Old Jan 12th 2006, 7:35 am
  #5  
SUPER MODERATOR
 
moneypenny20's Avatar
 
Joined: Apr 2004
Posts: 63,609
moneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond reputemoneypenny20 has a reputation beyond repute
Default Re: Best company to use for transfering money

Originally Posted by SuperSeagulls
Check out Tranzfers........great rates, and very very easy to do (you can do it all online if you like).

SS
They are good but would also suggest the bank your money is with now. We needed to move money over quickly when we were buying our house. We didn't have internet at the time and I couldn't find the account details. We rang First Direct and asked what their exchange rate was - crap basically - but we asked what they would give for the amount we wanted to transfer and they came back with an excellent rate which we went with and later found it was better than HiFX and Tranzfers and they charged us very little and we had it within a couple of days.
moneypenny20 is offline  
Old Jan 12th 2006, 8:45 am
  #6  
BE Forum Addict
 
karenjc's Avatar
 
Joined: Oct 2004
Location: Gilston, GOLD COAST.
Posts: 1,661
karenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud of
Default Re: Best company to use for transfering money

WE used hifx and thought it was quite a good service and will use them to swap the rest of our money when the exchange rate gets better ( please )
karenjc is offline  
Old Jan 12th 2006, 9:37 am
  #7  
What's happening dudes?
 
wmoore's Avatar
 
Joined: Mar 2004
Location: Bayside Brisbane
Posts: 20,647
wmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond reputewmoore has a reputation beyond repute
Default Re: Best company to use for transfering money

>£5000 - www.hifx.co.uk

<£5000 - www.tranzfers.com

PS If you're gonna use Tranzfers, PM me and I'll send you a link so I get referral points
wmoore is offline  
Old Jan 12th 2006, 10:43 am
  #8  
NAC
BE Enthusiast
 
NAC's Avatar
 
Joined: Jan 2005
Posts: 317
NAC is a jewel in the roughNAC is a jewel in the roughNAC is a jewel in the roughNAC is a jewel in the rough
Default Re: Best company to use for transfering money

Originally Posted by Rob Morton-Jone
Just a quickie to ask who you thought the best exchange company was to use?

We are looking to transfer over some well earned GBP in a few weeks so any advice would be most welcomed

Rob
We opened a Migrant Account with the commonwealth bank and used them to change our money. They consistently were offering a slightly better rate than HIFX and gave us an excellent service. So easy when we got to this end - account opened and cards ready the day we arrived. Couldn't fault them.

Carolyn
NAC is offline  
Old Jan 12th 2006, 11:40 am
  #9  
BE Forum Addict
 
Joined: Dec 2003
Location: Adelaide - South Australia
Posts: 1,820
marco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond reputemarco121068 has a reputation beyond repute
Default Re: Best company to use for transfering money

I bank with Barclays - which is the same bank as Tranzfers have their account with. Did a deal on a Thursday - popped into branch where they transferred my money into their account (same day as it's the same bank). Money was in my Oz account next day.
marco121068 is offline  
Old Jan 12th 2006, 12:19 pm
  #10  
Phil is NOT a bloke!!!!
 
philian4's Avatar
 
Joined: Sep 2004
Location: Woonona, NSW.(just South of Sydney!!)
Posts: 466
philian4 is a jewel in the roughphilian4 is a jewel in the roughphilian4 is a jewel in the roughphilian4 is a jewel in the roughphilian4 is a jewel in the rough
Angry Re: Best company to use for transfering money

Originally Posted by Rob Morton-Jone
Just a quickie to ask who you thought the best exchange company was to use?

We are looking to transfer over some well earned GBP in a few weeks so any advice would be most welcomed

Rob
Hi,
I've posted about this before.....but-can't reccommend HiFX at all. 'lost' our money in the system for ages and were rude and unhelpful, we spent a fortune on mobile phone bills trying to get them to find the money and admit the web site wasn't working. Couldn't get them to grasp we were in Australia and wanted our money! Would personally crawl over hot coals before I'd use them ........just my opinion!

Phil x
philian4 is offline  
Old Jan 12th 2006, 1:22 pm
  #11  
Lost in BE Cyberspace
 
OzTennis's Avatar
 
Joined: Nov 2003
Location: Scotland
Posts: 7,947
OzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond reputeOzTennis has a reputation beyond repute
Default Re: Best company to use for transfering money

We used Commonwealth Bank over many years (they only stopped offering us the transfer facility because it is only intended for those in the process of migrating soon. We transferred money regularly from UK to Oz with CBA for over 10 years!). I couldn't fault them (and I'm talking over 50 transfers - I remember when you could buy up to and slightly over $3 with £1 so it made sense for us to save in $'s and invest in Oz property). The great thing with CBA is that they only charge a flat fee (used to be £10) so it doesn't matter how much you transfer although the rate will vary according to the amount you want to transfer. Firms such as HIFX say they don't charge a fee but it is built into their rate (just like a supermarket puts a little onto prices for carrier bags and then gives them away 'free').

Since being metaphorically ditched by CBA we've used HIFX on a number of occasions and personally had no problems with them at all. I do know that on the couple of times I compared the CBA offered a slightly better rate but that experience was not in the last 2 years so it is only anecdotal.

I would also agree that there are other firms which might be more suitable for small amounts such as Tranzfers. HIFX are not really interested in transfers of less than £10K I would say.

That's my experience FWIW.

OzTennis
OzTennis is offline  
Old Jan 12th 2006, 4:35 pm
  #12  
BE Forum Addict
 
manxfamily's Avatar
 
Joined: Mar 2004
Location: Brisbane
Posts: 1,927
manxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond reputemanxfamily has a reputation beyond repute
Default Re: Best company to use for transfering money

Originally Posted by OzTennis
We used Commonwealth Bank over many years (they only stopped offering us the transfer facility because it is only intended for those in the process of migrating soon. We transferred money regularly from UK to Oz with CBA for over 10 years!). I couldn't fault them (and I'm talking over 50 transfers - I remember when you could buy up to and slightly over $3 with £1 so it made sense for us to save in $'s and invest in Oz property). The great thing with CBA is that they only charge a flat fee (used to be £10) so it doesn't matter how much you transfer although the rate will vary according to the amount you want to transfer. Firms such as HIFX say they don't charge a fee but it is built into their rate (just like a supermarket puts a little onto prices for carrier bags and then gives them away 'free').

Since being metaphorically ditched by CBA we've used HIFX on a number of occasions and personally had no problems with them at all. I do know that on the couple of times I compared the CBA offered a slightly better rate but that experience was not in the last 2 years so it is only anecdotal.

I would also agree that there are other firms which might be more suitable for small amounts such as Tranzfers. HIFX are not really interested in transfers of less than £10K I would say.

That's my experience FWIW.

OzTennis


HIFX for us, found it to be very straight forward with a great service. We have since opened an account with the Commonwealth Bank, yet to use their migrant transfer yet, probably try that later this year when we actually move to Brisbane.
manxfamily is offline  
Old Jan 12th 2006, 6:21 pm
  #13  
Potton to the Gold Coast
Thread Starter
 
Rob Morton-Jone's Avatar
 
Joined: Feb 2004
Posts: 2,211
Rob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to behold
Default Re: Best company to use for transfering money

Thanks for the info.


We are initially looking to transfer in excess of 100K

Rob
Rob Morton-Jone is offline  
Old Jan 12th 2006, 6:25 pm
  #14  
Potton to the Gold Coast
Thread Starter
 
Rob Morton-Jone's Avatar
 
Joined: Feb 2004
Posts: 2,211
Rob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to beholdRob Morton-Jone is a splendid one to behold
Default Re: Best company to use for transfering money

Would Tranzfers offer the same rate as HIFX and Smart Exchage to transfer a large amount of cash?


Rob
Rob Morton-Jone is offline  
Old Jan 14th 2006, 11:27 pm
  #15  
is happy to be here :)
 
Tiawamutu's Avatar
 
Joined: Mar 2005
Location: Somerly, Perth
Posts: 4,800
Tiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond reputeTiawamutu has a reputation beyond repute
Default Re: Best company to use for transfering money

Originally Posted by wmoore
>£5000 - www.hifx.co.uk

<£5000 - www.tranzfers.com

PS If you're gonna use Tranzfers, PM me and I'll send you a link so I get referral points
...so you can get a free i pod?
Tiawamutu is offline  

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.