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

Best forex exchange rates

Wikiposts

Best forex exchange rates

Thread Tools
 
Old Apr 23rd 2019 | 8:14 pm
  #1  
Thread Starter
Forum Regular
 
Joined: Sep 2007
Posts: 112
Reasonable will become famous soon enoughReasonable will become famous soon enough
Default Best forex exchange rates

Which companies give the best exchange rates for GBP to AUD?
 
Old Apr 23rd 2019 | 11:32 pm
  #2  
BE Forum Addict
 
Joined: Aug 2013
Posts: 2,218
From: Athens GA
MidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond reputeMidAtlantic has a reputation beyond repute
Default Re: Best forex exchange rates

This may help you to check some options: https://www.mycurrencytransfer.com/m...ralia/5000-GBP
 
Old Apr 24th 2019 | 12:15 am
  #3  
BE Enthusiast
 
Joined: Jul 2010
Posts: 339
denzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond reputedenzil73 has a reputation beyond repute
Default Re: Best forex exchange rates

I used XE.com for over a decade now. Always has good rates and no longer any transfer fees. I also remember a lot of folks on here talking about Forex website. Said it was better than XE but I didn't find this at the time I looked.

There's probably others online and the majority give better rates than what the banks do.
 
Old Apr 24th 2019 | 1:12 am
  #4  
Pulaski's Avatar
 
Joined: Dec 2001
Posts: 53,356
From: Dixie, ex UK
Pulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond repute
Default Re: Best forex exchange rates

I used to use XE (for GBP-USD transfers), but after they were sold a few years ago they became less competitive. TransferWise is commonly recommended on BE, but there are others that get mentions, such as WorldFirst, oanda, and xoom. I have seen OFX recommended on the Oz forum several times.

Last edited by Pulaski; Apr 24th 2019 at 1:41 am.
 
Old Apr 24th 2019 | 1:16 am
  #5  
spouse of scouse's Avatar
Concierge
 
Joined: Jan 2013
Posts: 21,654
From: Western Australia
spouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond repute
Default Re: Best forex exchange rates

Originally Posted by Reasonable
Which companies give the best exchange rates for GBP to AUD?
I always use OFX for transfers both ways, there's no fees on GBP - AUD transactions, there's a small fee for AUD - GBP transactions under AUD10,000, no fees for over that. For larger amounts I call the broker desk and negotiate a rate. Have always been happy with the rates, and I do check.
 
Old Apr 24th 2019 | 7:12 am
  #6  
ratapita's Avatar
Just Joined
 
Joined: Apr 2019
Posts: 3
ratapita is an unknown quantity at this point
Default Re: Best forex exchange rates

Hi, I 've recently used No1Currency. Think I found them using an online comparison site. I haven't used them before, but they were happy to let me cancel and re-order 1st time as the rate kept getting better and then they did the cancelling and re-ordering themselves ( without me asking them to do it) . So at the end of a week I got the best exchange rate !
 
Old Apr 24th 2019 | 2:53 pm
  #7  
spouse of scouse's Avatar
Concierge
 
Joined: Jan 2013
Posts: 21,654
From: Western Australia
spouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond repute
Default Re: Best forex exchange rates

Originally Posted by ratapita
Hi, I 've recently used No1Currency. Think I found them using an online comparison site. I haven't used them before, but they were happy to let me cancel and re-order 1st time as the rate kept getting better and then they did the cancelling and re-ordering themselves ( without me asking them to do it) . So at the end of a week I got the best exchange rate !
I think the OP is talking about fx rates for the transfer of funds between countries/currencies , not travel money. Hadn't heard of No1 currrency before though, going by the number of positive reviews they're a good option for your travel cash.
 
Old Apr 24th 2019 | 3:52 pm
  #8  
rammygirl's Avatar
BE Forum Addict
 
Joined: Sep 2005
Posts: 1,237
rammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond reputerammygirl has a reputation beyond repute
Default Re: Best forex exchange rates

I use OFX and transferwise. One charges a fee one doesn’t. It depends which one will get the the most $$ in the end. Sometimes paying a fee means I get more dollars.

So so I would register with two or three companies and check in the day. Some also allow you to pick a rate and will trigger the deal when it is reached, useful if you don’t need funds in a hurry.
 
Old Apr 24th 2019 | 7:42 pm
  #9  
Amazulu's Avatar
Proudly Deplorable
 
Joined: May 2003
Posts: 24,249
From: Alloha snack bar
Amazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond repute
Default Re: Best forex exchange rates

OFX
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.