Transferring money to Oz (all of it)
Jun 17th 2008, 2:36 pm
#1
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Transferring money to Oz (all of it)
I want to take the contents of my bank account with me, which, hopefully, will total £10,000+. How can funds of this amount be transferred without loosing an arm or a leg in transfer fees or other bank-related costs?
- CDM
- CDM
Jun 17th 2008, 4:25 pm
#2
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Re: Transferring money to Oz (all of it)
I'm using HiFX (there are advertising banners all over BE if you want to click a link) but there are other money transfer firms.
You can also use your own bank but it is likely to cost a lot in fees.
You can also use your own bank but it is likely to cost a lot in fees.
Jun 17th 2008, 7:28 pm
#3
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Re: Transferring money to Oz (all of it)
Jun 17th 2008, 10:23 pm
#4
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Re: Transferring money to Oz (all of it)
It's hard to say generally as it varies from bank to bank.
The banks will usually charge a fixed fee for carrying out the transaction and then give you a usually poor rate.
The specialist companies tend to have no fixed fee and a better rate.
Easiest way is to ask your bank to quote you the transfer costs of whatever amount it is you are thinking about and compare it to HiFx or someone else.
The banks will usually charge a fixed fee for carrying out the transaction and then give you a usually poor rate.
The specialist companies tend to have no fixed fee and a better rate.
Easiest way is to ask your bank to quote you the transfer costs of whatever amount it is you are thinking about and compare it to HiFx or someone else.
Jun 18th 2008, 4:30 am
#5
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Re: Transferring money to Oz (all of it)
- CDM
Jun 18th 2008, 6:35 am
#6
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Re: Transferring money to Oz (all of it)
Jun 18th 2008, 6:40 am
#7
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Re: Transferring money to Oz (all of it)
Hi
We have used ozforex many times and they have been faultless and there fees are virtually nil and you get a very good rate give them a try
Billy
We have used ozforex many times and they have been faultless and there fees are virtually nil and you get a very good rate give them a try
Billy
Jun 18th 2008, 9:29 am
#8
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Re: Transferring money to Oz (all of it)
We have been over here for 2 years now and have always used HIFX. Made initial large transfer of house sale proceeds and got good rate, since then have made several smaller transactions. Found them very easy to deal with, transfer process simple. Takes a little time to setup initial account as you need to validate it but can't quite remember how you do it.
Jun 18th 2008, 9:31 am
#9
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Re: Transferring money to Oz (all of it)
We have been over here for 2 years now and have always used HIFX. Made initial large transfer of house sale proceeds and got good rate, since then have made several smaller transactions. Found them very easy to deal with, transfer process simple. Takes a little time to setup initial account as you need to validate it but can't quite remember how you do it.
