Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Transfering money form UK to Oz?

Transfering money form UK to Oz?

Closed Thread

Old May 31st 2010, 9:06 am
  #1  
Forum Regular
Thread Starter
 
Joined: Sep 2009
Posts: 80
Scoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really nice
Default Transfering money form UK to Oz?

Hello fellow BE members!

Anyone know of a good company with good rates that can transfer money from my UK bank account to my Oz one? And the time it takes? Thanks for your help!! As I need it for a home deposit!!!!
Scoult is offline  
Old May 31st 2010, 9:39 am
  #2  
Alone again, naturally
 
Pollyana's Avatar
 
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 91,754
Pollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

Originally Posted by Scoult View Post
Hello fellow BE members!

Anyone know of a good company with good rates that can transfer money from my UK bank account to my Oz one? And the time it takes? Thanks for your help!! As I need it for a home deposit!!!!
www.tranzfers.com

Usually takes about 3 days, costs $15 or £7 depending on which way the money is going!!
Pollyana is offline  
Old May 31st 2010, 10:01 am
  #3  
Forum Regular
Thread Starter
 
Joined: Sep 2009
Posts: 80
Scoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really niceScoult is just really nice
Default Re: Transfering money form UK to Oz?

Originally Posted by Pollyana View Post
www.tranzfers.com

Usually takes about 3 days, costs $15 or £7 depending on which way the money is going!!
thanks for that you are a star!
Scoult is offline  
Old May 31st 2010, 10:41 am
  #4  
Alone again, naturally
 
Pollyana's Avatar
 
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 91,754
Pollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

Originally Posted by Scoult View Post
thanks for that you are a star!
They are quick and very easy to use, been transferring cash both ways with them for years now If there are problems, which is very unusual, they are very good at fixing things quickly too.
Pollyana is offline  
Old May 31st 2010, 10:54 am
  #5  
Social Grenade Thrower
 
paddyo's Avatar
 
Joined: Jan 2008
Location: South Coast, NSW
Posts: 3,625
paddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond reputepaddyo has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

Originally Posted by Pollyana View Post
www.tranzfers.com

Usually takes about 3 days, costs $15 or £7 depending on which way the money is going!!
I use Tranzfers all the time but thats from Oz to UK. If I have to transfer from UK to Oz I actually use my UK bank (Halifax) which does it within 24 hrs and costs 9 quid I think. Tranzfers usually takes about 3 working days.
paddyo is offline  
Old May 31st 2010, 10:57 am
  #6  
Canuck/Aussie
 
comet555's Avatar
 
Joined: May 2006
Location: Ontario, Canada
Posts: 4,521
comet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of lightcomet555 is a glorious beacon of light
Default Re: Transfering money form UK to Oz?

We used Ozforex. Very easy to set up and we got a great rate. The first time we moved money over to buy a car and we used the bank, which was a mistake as it took a surprisingly long time (a week) and the rate was crap.

When it came to the house money we used Ozforex and they were brilliant. Very quick and easy plus the rate was so much better than the bank. I have used them a few times since them and am about to use them again soon! The minimum amount to transfer with them is about $2000 dollars (in AU funds).

If you do a search on this board you'll find lots of discussion on either Ozforex or Transferz. I might be wrong but I thought most people use Transferz for smaller amounts, which is really useful for regular payments for bills, etc.
comet555 is offline  
Old May 31st 2010, 9:25 pm
  #7  
Forum Regular
 
Joined: May 2009
Location: Woongarrah, Central Coast. NSW
Posts: 97
Julian927 is an unknown quantity at this point
Default Re: Transfering money form UK to Oz?

Originally Posted by Scoult View Post
Hello fellow BE members!

Anyone know of a good company with good rates that can transfer money from my UK bank account to my Oz one? And the time it takes? Thanks for your help!! As I need it for a home deposit!!!!
I would definitely recommend UKForex (OZForex in the UK). Once you are registered with them it is very easy to transfer funds and at a much better rate than the banks.
Ian
Julian927 is offline  
Old Jun 3rd 2010, 10:05 am
  #8  
Forum Regular
 
Joined: Feb 2007
Posts: 111
darrellandsarah will become famous soon enoughdarrellandsarah will become famous soon enough
Default Re: Transfering money form UK to Oz?

we are in the process of moving money over.we used ozforex who are good.
1 problem we have had was with our uk bank releasing the money.we have 115,000gbp and they blocked the transfer.something to do with money laundering protection.we had to write a letter to the bank with copies of our passports as proof to get them to release the funds which put us back 2 weeks.
another good company is torfx
darrellandsarah is offline  
Old Jun 3rd 2010, 10:13 am
  #9  
MODERATOR
 
Alfresco's Avatar
 
Joined: Jan 2009
Posts: 20,779
Alfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

I'll be transferring money from South Africa to Oz soon and will be using

https://exchange4free.co.uk/en

If that pans out well costs wise, I may use them too for UK money to Oz.

Although I have registered and tested OzForex/UkForex which worked pretty well.

Last edited by Alfresco; Jun 3rd 2010 at 10:15 am.
Alfresco is offline  
Old Jun 3rd 2010, 10:17 am
  #10  
MODERATOR
 
Alfresco's Avatar
 
Joined: Jan 2009
Posts: 20,779
Alfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

Originally Posted by darrellandsarah View Post
we are in the process of moving money over.we used ozforex who are good.
1 problem we have had was with our uk bank releasing the money.we have 115,000gbp and they blocked the transfer.something to do with money laundering protection.we had to write a letter to the bank with copies of our passports as proof to get them to release the funds which put us back 2 weeks.
another good company is torfx


Good point! I will remember to inform my bank beforehand so this delay does not occur.

Thanks.
Alfresco is offline  
Old Jun 3rd 2010, 11:18 am
  #11  
Forum Regular
 
Joined: Feb 2007
Posts: 111
darrellandsarah will become famous soon enoughdarrellandsarah will become famous soon enough
Default Re: Transfering money form UK to Oz?

Originally Posted by Alfresco View Post


Good point! I will remember to inform my bank beforehand so this delay does not occur.

Thanks.
no worries.llyodds tsb rang me last night to say they were transfering the funds and to check they had the right ozforex account numbers.checked our aussie account today and its here already.less than 24hrsnow we can start the new house build
darrellandsarah is offline  
Old Jun 3rd 2010, 11:53 am
  #12  
MODERATOR
 
Alfresco's Avatar
 
Joined: Jan 2009
Posts: 20,779
Alfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

Originally Posted by darrellandsarah View Post
no worries.llyodds tsb rang me last night to say they were transfering the funds and to check they had the right ozforex account numbers.checked our aussie account today and its here already.less than 24hrsnow we can start the new house build
Yeah I'm with Lloyds too. I'll give them plenty of notice of my intentions to move the money.
Alfresco is offline  
Old Jun 4th 2010, 1:43 pm
  #13  
221b Baker Street
 
Sherlock Holmes's Avatar
 
Joined: Jun 2010
Location: Miles from anywhere, Victoria, Australia.
Posts: 14,125
Sherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond reputeSherlock Holmes has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

Originally Posted by Scoult View Post
Hello fellow BE members!

Anyone know of a good company with good rates that can transfer money from my UK bank account to my Oz one? And the time it takes? Thanks for your help!! As I need it for a home deposit!!!!

I can definitely recommend Tranzfers (for under $2,000.00) and OzForex for more. There are part of the same company which I believe I'm right in saying is part of Macquarie Bank. I have been getting my pension sent over every month for the last 4 years without a hitch.
Sherlock Holmes is offline  
Old Jun 4th 2010, 1:48 pm
  #14  
Devil's Advocate
 
Joined: Feb 2008
Location: Mandurah
Posts: 2,269
EvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond reputeEvannTel has a reputation beyond repute
Default Re: Transfering money form UK to Oz?

I use HiFx for big amounts. Ozforex fir small

Happy with both on every front
EvannTel is offline  
Old Jun 5th 2010, 5:34 am
  #15  
BE Enthusiast
 
Joined: Jan 2010
Posts: 682
wilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of lightwilson01 is a glorious beacon of light
Default Re: Transfering money form UK to Oz?

Hi, I'm just wondering if these companies charge you a commission rate for doing this for you or a one off payment. I'm about to transfer our money through Halo Financial and they have told me I have to set up a bank account with ANZ before they can do the transfer. I can't find anywhere where it says you need to pay for this service and just wondering if anyone knows

Thanks
wilson01 is offline  

Contact Us Archive Advertising Cookie Policy Privacy Statement