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-   -   TSB - exchange rate! (https://britishexpats.com/forum/australia-54/tsb-exchange-rate-237015/)

nosuchluck Jun 17th 2004 4:48 am

TSB - exchange rate!
 
Hi guys
i posted at the end of last week that we had lodged our bond money via an International Money Transfer at our local TSB branch, well this morning we had confirmation of what rate we got.....2.61 which i don't think is bad, took less than 10 minutes and was hassle free
kind regards
rach x

SteveBannister Jun 17th 2004 5:18 am

Re: TSB - exchange rate!
 

Originally posted by nosuchluck
Hi guys
i posted at the end of last week that we had lodged our bond money via an International Money Transfer at our local TSB branch, well this morning we had confirmation of what rate we got.....2.61 which i don't think is bad, took less than 10 minutes and was hassle free
kind regards
rach x

Well done Rach,

That's quite a good rate, and one step closer! When is the house going on the market?

Steve.

(Don't like football and desperate for a chat!)

nosuchluck Jun 17th 2004 5:22 am

Re: TSB - exchange rate!
 
Hi Steve,
you mean your'e not supporting england?!?
bungalow is SSTC! has been for a couple of weeks, so all being well we should be heading out to Brissie on September 7th!
rach x

nosuchluck Jun 17th 2004 5:33 am

Re: TSB - exchange rate!
 
No chance mate! married and happily!
best of luck selling your house by the way!

SteveBannister Jun 17th 2004 5:36 am

Re: TSB - exchange rate!
 

Originally posted by nosuchluck
No chance mate! married and happily!
best of luck selling your house by the way!

I mean a chat!!

I'm happily married as well!

nosuchluck Jun 17th 2004 5:43 am

Re: TSB - exchange rate!
 
I know exactly what you meant!

lee/jane Jun 17th 2004 5:49 am

We used HIFX today, rate 2.6270. Bank quote, 2.61 so we saved £247.93 and no charge from HIFX, bank wanted £35.00 (First Direct).

Jane

SteveBannister Jun 17th 2004 5:51 am


Originally posted by lee/jane
We used HIFX today, rate 2.6270. Bank quote, 2.61 so we saved £247.93 and no charge from HIFX, bank wanted £35.00 (First Direct).

Jane
We opened an account with HIFX for our bond money but were then told that we didn't need to send it! We're going to transfer with Commonwealth.

Sazzle Jun 17th 2004 8:59 am

Why would you want to transfer with Commonwealth.. it will cost you a couple of percent.

We are transfering some with commonwealth so that our bank account is set up when we arrive, but the bulk of the dosh will go with HIFX. It makes a real difference...

For us, that difference is a car, and a motorbike.

I dont like throwing even more money away than is absolutley needed.

lee/jane Jun 18th 2004 8:14 pm


Originally posted by SteveBannister
We opened an account with HIFX for our bond money but were then told that we didn't need to send it! We're going to transfer with Commonwealth.


Dear Steve

Why didn't you need to send the bond money?

Jane

SteveBannister Jun 18th 2004 8:22 pm


Originally posted by lee/jane
Dear Steve

Why didn't you need to send the bond money?

Jane

Dear Jane

Apparently, the points for our skills on the MODL list went up from 5 to 10 while our application was going through. Therefore making up the 5 extra points that the bond money would have got us. We were getting prepared to send the bond money, but our agents phoned up to say that the visas had been granted! A nice little surprise! I'd rather have $100,000 in my pocket than theirs!

Steve.

lee/jane Jun 20th 2004 8:33 am


Originally posted by SteveBannister
Dear Jane

Apparently, the points for our skills on the MODL list went up from 5 to 10 while our application was going through. Therefore making up the 5 extra points that the bond money would have got us. We were getting prepared to send the bond money, but our agents phoned up to say that the visas had been granted! A nice little surprise! I'd rather have $100,000 in my pocket than theirs!

Steve.

Dear Steve,

You lucky thing. When you off and will you be doing another Essex get together before you go, as we only managed to go to one.

Jane

wombat Jun 20th 2004 8:52 am


Originally posted by Sazzle
Why would you want to transfer with Commonwealth.. it will cost you a couple of percent.

We are transfering some with commonwealth so that our bank account is set up when we arrive, but the bulk of the dosh will go with HIFX. It makes a real difference...

For us, that difference is a car, and a motorbike.

I dont like throwing even more money away than is absolutley needed.
I transfered with the commonwealth last week at 2.64 and it didn't cost anything
:confused:

lucy

Sazzle Jun 20th 2004 10:15 am

It doesnt "cost" in that they say to you this will cost you x ammount.

It costs in that you get several percentage points less than you can score elswhere.

Its like those "free" deals in shops..
They forget to mention that its included in the price already.

Beleive me, I have checked this out.

I will use the Commonwealth to get an account set up so that money arrives when we do..
And HIFX will then send the rest of the money to that account when I decide the rate is best.

As I said... those few % points are worth a lot at the other end.

Why should Commonwealth bank have them, when I can use them?


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