HiFx help?
Jul 2nd 2007, 9:00 pm
#1
Oz Passport Holder ;)
Thread Starter
Joined: May 2007
Location: St. Albans > Gold Coast
Posts: 90
HiFx help?
Just had a quick look at their website and selected the 'one off payment' option and then began followed the steps to open an account, until I realised that they were asking me some pretty detailed info for a one off transfer!
I only want to transfer around £3000 straight into my WestPac Bank account.
Do I need to open an account with them? Seems long winded for such a short transaction.
Can anybody tell me the difference between sending the ££ via my bank (which only costs a flat fee of £20) and using a service like HiFx?
I only want to transfer around £3000 straight into my WestPac Bank account.
Do I need to open an account with them? Seems long winded for such a short transaction.
Can anybody tell me the difference between sending the ££ via my bank (which only costs a flat fee of £20) and using a service like HiFx?
Jul 2nd 2007, 9:14 pm
#2
BE Forum Addict
Joined: Apr 2003
Location: Jacobs Ridge, Gold Coast
Posts: 1,140
Re: HiFx help?
Just had a quick look at their website and selected the 'one off payment' option and then began followed the steps to open an account, until I realised that they were asking me some pretty detailed info for a one off transfer!
I only want to transfer around £3000 straight into my WestPac Bank account.
Do I need to open an account with them? Seems long winded for such a short transaction.
Can anybody tell me the difference between sending the ££ via my bank (which only costs a flat fee of £20) and using a service like HiFx?
I only want to transfer around £3000 straight into my WestPac Bank account.
Do I need to open an account with them? Seems long winded for such a short transaction.
Can anybody tell me the difference between sending the ££ via my bank (which only costs a flat fee of £20) and using a service like HiFx?
Jul 2nd 2007, 11:17 pm
#3
BE Enthusiast
Joined: Jan 2005
Location: Gold Coast, QLD
Posts: 422
Re: HiFx help?
Hi there. Yes you would need to open an account, that is how they work. the money is transferred into their account and then transferred to your nominated bank. As far as advantagse go, HIFX normally offer a better rate of exchange than the normal high street bank, but if its only $3,000, there may not be a lot of difference.
Reason for all the questions from HiFx is UK Money Laundering Laws....
Gav
Jul 3rd 2007, 3:54 am
#4
Back to WA! Yay!
Joined: Sep 2006
Location: Madeley, WA
Posts: 975
Re: HiFx help?
Hi there. Yes you would need to open an account, that is how they work. the money is transferred into their account and then transferred to your nominated bank. As far as advantagse go, HIFX normally offer a better rate of exchange than the normal high street bank, but if its only $3,000, there may not be a lot of difference.
