Making regular payments back to UK
 

Hi everyone

I need to transfer £2200 (equivalent) each month back to the UK. I've used Ozforex before for larger transfers into Australia but not for regular payments. Any suggestions who I could use?

Thanks

ETA: I need to jump through all the money laundering hoops again for Ozforex so thought before I did it would check to see if there were better companies out there.

Re: Making regular payments back to UK
 

I use www.tranzfers.com.au

It's $15 per transfer and very easy and fast. It's part of the ozforex family I think so I'm not sure what the money laundering requirements would be.

Re: Making regular payments back to UK
 

I use them for credit card payments to the UK every month, been doing it for years and its been consistently good service :)

Re: Making regular payments back to UK
 

Hi galba,

Can I ask whether you have a registered UK address?

My company caters for these transfers out of Oz daily and so I would like to compare with what you are currently receiving from other FX firms.

Depending on who you bank with in Oz, the charge for sending $ out of the country is usually about $20. But we make this up easily by providing a very tight rate on any amount with no Fees ourselves.

Thanks, Dan

Re: Making regular payments back to UK
 

HiFX - real simple, fees low (no fee if over GBP3k), GBP9.00 for all other. Rates much stronger than bank rates - in fact some of the best I have seen (I have used another a few years back).
You can also move the money from your Aus account to their Aus account so only the 50c fee on transfer then they sort it out so no fee on receipt either from your UK Bank. All done in 3 days - 4 max. I am not one to talk up a service but since moving here in April and moving money every month from Aus they have been excellent!

Re: Making regular payments back to UK
 

I use ozforex regularly and it's $15 per transfer. They phoned me for the first transfer for security questions etc but since then I've just done everything online with no hassle whatsoever. Plus they are very quick which helps when you've forgotten (again) that your loan is due out!!