How to get best rate for currency exchange!?
Apr 8th 2004, 10:14 am
#1
Paddington Brisbane
Thread Starter
Joined: Oct 2003
Location: Paddington Brisbane
Posts: 635
How to get best rate for currency exchange!?
Hi everyone,
Any ideas? I'm off to Brisbane for a couple of months in June and want to change £4 - 5000 into $aus whats the best way to do this? I've only ever done it though my bank. Is there a way to get a better rate of exchange??
Thanks
Any ideas? I'm off to Brisbane for a couple of months in June and want to change £4 - 5000 into $aus whats the best way to do this? I've only ever done it though my bank. Is there a way to get a better rate of exchange??
Thanks
Apr 8th 2004, 10:16 am
#2
I'm lovin' it
Joined: Feb 2003
Location: Brisbane
Posts: 1,525
Re: How to get best rate for currency exchange!?
Originally posted by BKate
Hi everyone,
Any ideas? I'm off to Brisbane for a couple of months in June and want to change £4 - 5000 into $aus whats the best way to do this? I've only ever done it though my bank. Is there a way to get a better rate of exchange??
Thanks
Hi everyone,
Any ideas? I'm off to Brisbane for a couple of months in June and want to change £4 - 5000 into $aus whats the best way to do this? I've only ever done it though my bank. Is there a way to get a better rate of exchange??
Thanks
www.hifx.co.uk
Apr 8th 2004, 10:21 am
#3
Paddington Brisbane
Thread Starter
Joined: Oct 2003
Location: Paddington Brisbane
Posts: 635
Re: How to get best rate for currency exchange!?
Great thanks 
Apr 8th 2004, 4:33 pm
#4
The Outback Beast
Joined: Mar 2004
Location: Perth
Posts: 292
Re: How to get best rate for currency exchange!?
Hi try these, they are commission free and seem to have a good spread, if you use them could you let me know how you get on, cheers. Fog
http://www.cmcgroupplc.com/uk/forex/home.jsp
http://www.cmcgroupplc.com/uk/forex/home.jsp
Apr 8th 2004, 7:38 pm
#5
still searching
Joined: Jan 2004
Location: everywhere
Posts: 357
Re: How to get best rate for currency exchange!?
Originally posted by fogmeister
Hi try these, they are commission free and seem to have a good spread, if you use them could you let me know how you get on, cheers. Fog
http://www.cmcgroupplc.com/uk/forex/home.jsp
Hi try these, they are commission free and seem to have a good spread, if you use them could you let me know how you get on, cheers. Fog
http://www.cmcgroupplc.com/uk/forex/home.jsp
Apr 8th 2004, 11:36 pm
#6
Forum Regular
Joined: Nov 2002
Location: Sunshine Coast
Posts: 256
We seemed to get a better exchange rate by using our UK credit cards for purchases than we did by buying Aussie Dollars and exchanging travellers checks.
Use your credit card as much as possible. So long as you can pay it off of course.
Have a great time.
Use your credit card as much as possible. So long as you can pay it off of course.
Have a great time.
Apr 9th 2004, 7:21 pm
#7
The Outback Beast
Joined: Mar 2004
Location: Perth
Posts: 292
Re: How to get best rate for currency exchange!?
Cheers Woody, av a nice easter mate, Oh s*** A FORGOT YER WORKING IT LOL
C U IN THE DUMP REAL SOON X
C U IN THE DUMP REAL SOON X
Apr 9th 2004, 8:46 pm
#8
Paddington Brisbane
Thread Starter
Joined: Oct 2003
Location: Paddington Brisbane
Posts: 635
Re: How to get best rate for currency exchange!?
Hi Chippy,
Have you used these guys before, what sort of charges are involved?
Thanks
Have you used these guys before, what sort of charges are involved?
Thanks
Apr 9th 2004, 10:02 pm
#9
part-time Visa Angel!
Joined: Oct 2003
Location: half marathon runner!
Posts: 4,458
Re: How to get best rate for currency exchange!?
Originally posted by BKate
Hi Chippy,
Have you used these guys before, what sort of charges are involved?
Thanks
Hi Chippy,
Have you used these guys before, what sort of charges are involved?
Thanks
http://www.hifx.co.uk/pservices/emigration.asp
Apr 10th 2004, 12:23 am
#10
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: How to get best rate for currency exchange!?
There is no fixed charge ... Halewood make their money through the spread between the price they can obtain for UK£'s and the price they offer you. The more A$'s you buy, the better the rate they offer you.
Best regards.
Best regards.
Originally posted by BKate
Hi Chippy,
Have you used these guys before, what sort of charges are involved?
Thanks
Hi Chippy,
Have you used these guys before, what sort of charges are involved?
Thanks
Apr 10th 2004, 12:24 am
#11
BE Enthusiast
Joined: Jan 2003
Location: Down the road, that's where I'll always be
Posts: 467
Re: How to get best rate for currency exchange!?
Originally posted by mlbonner
Hi Bkate, I had a look at this myself as it seemed interesting. Couldn't see the charge price either, but did get as far as this link about opening an account... maybe you can see something on here that I didn't!?
http://www.hifx.co.uk/pservices/emigration.asp
Hi Bkate, I had a look at this myself as it seemed interesting. Couldn't see the charge price either, but did get as far as this link about opening an account... maybe you can see something on here that I didn't!?
http://www.hifx.co.uk/pservices/emigration.asp
Apr 10th 2004, 9:20 am
#12
Paddington Brisbane
Thread Starter
Joined: Oct 2003
Location: Paddington Brisbane
Posts: 635
Re: How to get best rate for currency exchange!?
Thanks everyone I think I'll contact them, will let you know what I find out!
Apr 10th 2004, 10:39 am
#13
I'm lovin' it
Joined: Feb 2003
Location: Brisbane
Posts: 1,525
Re: How to get best rate for currency exchange!?
Generally they quote the 'bank rate', which you yourself can get if you buy £5 000 000 worth of currency (so check behind your settee).
Anyway, as the ever helpful Mr.Collett pointed out, they make their money on the difference between what they can buy/sell it for.
They are more competitive than banks because they specialise, and they want you to buy a minimum of £5000 worth of currency.
Anyway, as the ever helpful Mr.Collett pointed out, they make their money on the difference between what they can buy/sell it for.
They are more competitive than banks because they specialise, and they want you to buy a minimum of £5000 worth of currency.
