Speargun

Sorry for the probably daft question but things are at last progressing and we have been asked to forward the bond money to our assurer....sorry to be a tad thick but what is the easiest way to do it? do we need to set up our Oz bank account now? Send it via my UK bank? or use a currency broker??
Thanks for any advice

JAJ

International bank transfer direct to your assurer's bank account should work.

rebnatoli

Thats what we did - if you set up an Oz bank account you can't usually withdraaw money from it until you have visited a branch in Oz to show ID and its not really enough money to worry about the exchange rate etc. Our bank charged us about £25 for doing the tranfer.

Speargun

thanks Guys appreciated!! hopefully fingers crossed wont be long now ....I hear being asked for the bond money is a good sign!!!

Weasy

We used a currency exchange company (sterling exchange - but could be any of them). We got a better rate and got charged nothing.

Lou
xx

Mida

We transferred the money from our account to our assurers cost us £40, but remember that your assurer will be charged $150 to open a bank account to put the bond into. In other words your assurer will need $5000 for the bond and an additional $150 to open a bank account for the bond money Cheeky beggers, you would think that Centrelink would have an account that the money was just transferred into, rather than each assurer having to pay to open an account.

JOHN G BLOOM

Hi

We got our visa's a week after bond money was received ..so be prepared!! and best of luck