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Transferring to USA - USD$

Transferring to USA - USD$

Old Feb 13th 2016, 9:28 pm
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Default Transferring to USA - USD$

Hi,

We had to transfer AUD$20787 from my Australian Bank account to my US Bank account. I heard Ozforex/tranzferz not providing services to US customers.

What is a good way to transfer this amount with no fees.

Thanks,
Sam
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Old Feb 13th 2016, 9:37 pm
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Default Re: Transferring to USA - USD$

Are you a "US customer"? If you're not yet in the US, have left the US, .... or have an address outside the US , you may not be a US customer!

Generally speaking any on-line FX broker can send money into the US for "non-US customers". Some send the credit by a wire, so you'd likely be charged a wire fee by your bank for receiving the wire. Look for FX brokers who offer "credit by ACH", as those are free to receive.

There are numerous FX brokers - xe.com offers services to US customers, and credits by ACH, but their rates aren't the best these days. Others often recommended here on BE include WorldFirst, Transferwise, and Xoom.com. ..... Use the BE search function for these brokers and you will find many other threads about FX brokers.
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Old Feb 14th 2016, 12:02 am
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Default Re: Transferring to USA - USD$

Originally Posted by economy_1 View Post
Hi,

We had to transfer AUD$20787 from my Australian Bank account to my US Bank account. I heard Ozforex/tranzferz not providing services to US customers.

What is a good way to transfer this amount with no fees.

Thanks,
Sam
There are no money transfer charities as far as I know, thus there will always be fees, be they hidden ones or transparent ones. And as above, are you really a U.S. customer? Have you tried any of the other brokers, like Moneycorp for example?
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