British Expats

British Expats (https://britishexpats.com/forum/)
-   Australia (https://britishexpats.com/forum/australia-54/)
-   -   How To Trasfer Monies? (https://britishexpats.com/forum/australia-54/how-trasfer-monies-121057/)

keel Dec 8th 2002 7:01 pm

How To Trasfer Monies?
 
JUST WONDERING HOW YOU GO ABOUT TRANSFERING YOUR FUNDS TO AUSTRALIA WHEN YOU EMMIGRATE.

ARE THERE ANY RESTRICTIONS?

WILL I HAVE TO PAY TAX ON THE MONEY TAKEN OUT THERE?( SOME OF WHICH WILL BE PROFIT FROM A HOUSE SALE)

I HAVE AN AUSTRALION HSBC ACCOUNT FROM A PREVIOUS TRIP OUT THERE. CAN I TRANSFER MY FUNDS TO THIS ACCOUNT FROM A BRITISH HSBS BANK?

THANKS

KEEL

Stan J Dec 10th 2002 7:39 pm

If you have a bank account at an Australian bank, just lodge a cheque made payable to yourself and made out in aussie dollars, that you can obtain from your UK/Etc bank.

Allow for a few days for money to become availble for withdrawal. Therefore bring some cash/travellers cheques as well.

Maybe your ATM/Cashpoint card will also work in Australia subject to max withdrawal limit and your banks £/$ conversion rate and a fee.

Wouldda thought the first idea was 'the cheapest' way to move money?

Can't offer you tax advice.


All times are GMT. The time now is 7:10 am.

Powered by vBulletin: ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.