How do you transfer money once in Oz?
May 24th 2007, 12:24 pm
#1
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Thread Starter
Joined: Jan 2005
Location: Bayside, QLD
Posts: 136
How do you transfer money once in Oz?
I've just been told by my bank that I can only transfer max of £10,000 per day by internet banking, or need t obe in the country to sign the transfer at my branch. We were hoping to wait until the rate picked up, which may be when we'r in Oz.Just wondered how other people have managed this, or have you all transferred before leaving the UK??
May 24th 2007, 1:37 pm
#2
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Joined: Mar 2007
Location: Mandurah
Posts: 34
Re: How do you transfer money once in Oz?
I've just been told by my bank that I can only transfer max of £10,000 per day by internet banking, or need t obe in the country to sign the transfer at my branch. We were hoping to wait until the rate picked up, which may be when we'r in Oz.Just wondered how other people have managed this, or have you all transferred before leaving the UK??
May 24th 2007, 2:01 pm
#3
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Location: Bayside, QLD
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Re: How do you transfer money once in Oz?
We transferred a chunk of money before we came using HIFX, they then sent us forms to open HIFX account in Sydney. To transfer rest of money from UK we have had to send Barclays a letter from Oz so they have a signature and details of HIFX account to send money to. Hope this makes sense.
May 25th 2007, 12:54 am
#4
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Location: Mandurah
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Re: How do you transfer money once in Oz?
No we didn't give a date cos we wanted transfer asap. You could give a date but you wouldn't know what the exchange rate would be. Maybe you can write the letter and then phone to instruct them on the day you want the transfer made.
May 25th 2007, 1:15 am
#5
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Joined: Dec 2003
Location: Adelaide - South Australia
Posts: 1,820
Re: How do you transfer money once in Oz?
If you have time - open a Nationwide account. You can set up internet transfers of up to £10,000 per transaction - but you can have more than one at a time.
Barclays transfer limits are ridiculous! £1,000 per day via internet banking / £5,000 if you go through to their phone banking.
Barclays transfer limits are ridiculous! £1,000 per day via internet banking / £5,000 if you go through to their phone banking.
