Money to Uk - regularly
Feb 8th 2005, 7:19 am
#16
58.38264% - Extreme Geek
Joined: Jan 2004
Location: The Place To Be
Posts: 2,270
Re: Money to Uk - regularly
Originally Posted by Pollyana
It comes straight out of your account like a normal bill payment. Ok, the way tranzfers works is - you set up a payment from your bank (UK or Aus) into the Tranzfers account. This is either Westpac or Barclays, depending which country your money is starting in. This payment into their account has to include the fee (£7 or $15). They then move the money to their account across the world, and from there it is deposited to your nominated account
No more fees, no hidden charges - unless you have a bank which charges you for a normal payment like a gas bill. Its just a transfer between bank accounts, it just happens that the accounts in the middle are owned by a third party.
I was suspicious at first, seemed too good to be true but I;ve been using it for nearly two years, in both directions, and never had to pay a penny in fees to any of the banks holding my accounts - including Lloyds and Abbey. On Wednesday I moved $185 from my Aus Building Society (via the net), that includes the $15, on Monday morning it was in my Lloyds account as £76. No charges to pay Lloyds. Works the same in reverse, but I don't do that as often.
(and no, I don't work for them, I just find they make my financial affairs a lot easier!
No more fees, no hidden charges - unless you have a bank which charges you for a normal payment like a gas bill. Its just a transfer between bank accounts, it just happens that the accounts in the middle are owned by a third party.
I was suspicious at first, seemed too good to be true but I;ve been using it for nearly two years, in both directions, and never had to pay a penny in fees to any of the banks holding my accounts - including Lloyds and Abbey. On Wednesday I moved $185 from my Aus Building Society (via the net), that includes the $15, on Monday morning it was in my Lloyds account as £76. No charges to pay Lloyds. Works the same in reverse, but I don't do that as often.
(and no, I don't work for them, I just find they make my financial affairs a lot easier!
Will have to look into this; in the UK, I currently bank with the Most Difficult Bank In The World (Barclays) who are convinced I am trying to launder money every time I try to move money from *my* account to another of *my* accounts.
(I blame Messrs Sarbanes & Oxley for all this banking cr*p :scared: )
Cheers
Anya.
Feb 8th 2005, 9:32 am
#17
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,860
Re: Money to Uk - regularly
Originally Posted by anya4oz
Polly, thanks. Tranzfers should at least *offer* you a job after that! Or a few FOC transactions!
Will have to look into this; in the UK, I currently bank with the Most Difficult Bank In The World (Barclays) who are convinced I am trying to launder money every time I try to move money from *my* account to another of *my* accounts.
(I blame Messrs Sarbanes & Oxley for all this banking cr*p :scared: )
Cheers
Anya.
Will have to look into this; in the UK, I currently bank with the Most Difficult Bank In The World (Barclays) who are convinced I am trying to launder money every time I try to move money from *my* account to another of *my* accounts.
(I blame Messrs Sarbanes & Oxley for all this banking cr*p :scared: )
Cheers
Anya.
Give it a try. And if you have any doubts, email the guys at tranzfers, cos they were very helpful to me when I first started using them. (maybe I should ask for commission!!!)
Feb 8th 2005, 11:47 am
#18
Class 2 Guru
Joined: May 2004
Location: Where the stars look very diff-e-rent today... and tomorrow!
Posts: 1,124
Re: Money to Uk - regularly
Polly, you're an angel. Ok, well perhaps tranzfers are a loveable bunch of corporate angels. I might have to go and find a new brick wall to bang my head against!
Feb 8th 2005, 5:20 pm
#19
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Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,860
Re: Money to Uk - regularly
Generally I view banks etc has money grabbing gits, but on this occasion, praise is due, so I'll give it! Hope they can meet your needs!!
Feb 9th 2005, 7:23 pm
#20
Forum Regular
Joined: Jan 2005
Location: Kallaroo, Perth
Posts: 102
Re: Money to Uk - regularly
Another 2 options:
Commonwealth Bank Migrant Account. Set up the account before you leave the UK and you end up with 2 accounts - one in UK and one in OZ. Transfer funds into the UK bank and it is automatically sent to your OZ bank. Commonwealth is an investment bank so has the FX facilities to trade directly at preferential rates. Website is http://www.migrantbanking.co.uk/
The other is http://www.hifx.co.uk/.
Commonwealth Bank Migrant Account. Set up the account before you leave the UK and you end up with 2 accounts - one in UK and one in OZ. Transfer funds into the UK bank and it is automatically sent to your OZ bank. Commonwealth is an investment bank so has the FX facilities to trade directly at preferential rates. Website is http://www.migrantbanking.co.uk/
The other is http://www.hifx.co.uk/.
Feb 9th 2005, 8:28 pm
#21
Forum Regular
Joined: Nov 2004
Location: Bullcreek, WA
Posts: 167
Re: Money to Uk - regularly
Originally Posted by Pollyana
(and no, I don't work for them, I just find they make my financial affairs a lot easier!
cheers
p.s. Just checked the "tell a friend" page and it says this:
"We know your friends and associates will thank you for helping them to save time and money by using Tranzfers. Tell your friends about us and for every new referal you make that registers and completes a tranzfer, your next tranzfer will be free of fees. Refer us to your friends using the simple form below:"
Feb 9th 2005, 8:40 pm
#22
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,860
Re: Money to Uk - regularly
Originally Posted by TheAncientGeek
Tranzfers looks good - on the sign-up page there is an option to specify the account username of the person who referred you. Will it give you extra credits or something Pollyana? I'd quite like you to benefit from your wisdom if that is the case.
cheers
p.s. Just checked the "tell a friend" page and it says this:
"We know your friends and associates will thank you for helping them to save time and money by using Tranzfers. Tell your friends about us and for every new referal you make that registers and completes a tranzfer, your next tranzfer will be free of fees. Refer us to your friends using the simple form below:"
cheers
p.s. Just checked the "tell a friend" page and it says this:
"We know your friends and associates will thank you for helping them to save time and money by using Tranzfers. Tell your friends about us and for every new referal you make that registers and completes a tranzfer, your next tranzfer will be free of fees. Refer us to your friends using the simple form below:"
I think you can work out what my username is!!!
