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Old Apr 18th 2014 | 4:21 pm
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Default Money transfer question

Hi, does anyone know how my mum can transfer money from her bank in Uk, to my bank here (NAB ) . . She usually visits regularly and leaves money , for birthday presents for us n the kids, when she leaves. They are unable to visit for a while , so she was hoping to transfer money. Not keen on sending cash in the post really.
Thanks.
 
Old Apr 19th 2014 | 8:46 am
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Default Re: Money transfer question

She could ask her bank to transfer it. Or she could use a broker like Ukforex /Ozforex.
 
Old Apr 19th 2014 | 12:12 pm
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Default Re: Money transfer question

Originally Posted by Bermudashorts
She could ask her bank to transfer it. Or she could use a broker like Ukforex /Ozforex.
Ok Thank you very much . She hadn't thought of just asking her bank , that would be the simplest way. I think she thought it would be a problem for them, but I suppose most major banks do that.

Thanks
 
Old Apr 19th 2014 | 12:17 pm
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Default Re: Money transfer question

Originally Posted by bibblybobbly
Ok Thank you very much . She hadn't thought of just asking her bank , that would be the simplest way. I think she thought it would be a problem for them, but I suppose most major banks do that.

Thanks
Most banks will do an international transfer, but check out their charges first. Alternatively try www.tranzfers.co.uk might be cheaper.
 
Old Apr 19th 2014 | 8:14 pm
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Default Re: Money transfer question

Originally Posted by Pollyana
Most banks will do an international transfer, but check out their charges first. Alternatively try www.tranzfers.co.uk might be cheaper.
Second vote for tranzfers. I am an Aussie who has lived in UK for coming up for 14 years and after a few false expensive starts with various banks, find Tranzfers to be the quickest and usually a better rate than the banks. It takes 1-2 days for the money to appear in my Aussie account. Not affiliated, just passing on personal experience.
 
Old Apr 19th 2014 | 8:43 pm
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Default Re: Money transfer question

Thank you both, I will , I think tell her to try them . Im reckoning with the amount that she sends us, the bank may charge a lot. NAB say they charge $20 fee if she was to send me a cheque., so will def give them a go
 
Old Apr 19th 2014 | 9:58 pm
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Default Re: Money transfer question

Originally Posted by bibblybobbly
Thank you both, I will , I think tell her to try them . Im reckoning with the amount that she sends us, the bank may charge a lot. NAB say they charge $20 fee if she was to send me a cheque., so will def give them a go
£7 for tranzfers and as mentioned takes 1-2 days, make take slightly longer on first set up, can't recall it's been about 8 years since I first used them
 

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