Who is using/used who for currency exchange ??
Oct 7th 2003, 1:27 am
#16
Forum Regular
Joined: May 2003
Posts: 240
Originally posted by Rosy
The rate quoted by Oanda is the Interbank Rate. You should work on approx. 0.02 difference between the IB Rate and the rate you can get your dosh exchanged for.
The rate quoted by Oanda is the Interbank Rate. You should work on approx. 0.02 difference between the IB Rate and the rate you can get your dosh exchanged for.
That explains that.. nightmare, so that means the exchange rate for moving to oz is worse than i thought.
Oct 7th 2003, 1:37 am
#17
Forum Regular
Joined: Mar 2003
Location: Mount Colah, Upper North Shore, Sydney
Posts: 124
Re: Who is using/used who for currency exchange ??
Originally posted by Stoney
Just wondered what methods and companys any body used or will use to transfer your currency to Oz/NZ
Off soon
Just wondered what methods and companys any body used or will use to transfer your currency to Oz/NZ
Off soon
Visa give an excellent exchange rate. In fact, for amounts of £500 or less, you'll struggle to beat it. And the convenience is obvious.
If you want to send money from Aus to UK, then that's a bit more awkward. Of course you could post one of your Aussie bank cards to a (very) trusted family member for them to withdraw the cash and pay it into your UK account, but you may not like that option. But, like I said, you'll struggle to beat the rate... apparently visa give you close to the £1M+ rate...
Oct 7th 2003, 1:58 am
#18
Forum Regular
Joined: Feb 2003
Location: Essex, England
Posts: 67
Re: Who is using/used who for currency exchange ??
We used Halewood Int, no complaints about them at all.
They only transfer amounts GBP5,000+, if you are only transferring the money to one account there is no charge, otherwise, its GBP15.00.
The rate we got for GBP 12,000 was 2.39, the internet quoted 2.43, but I was told that was for amounts of about a million GBP,
that was around about the 10/09/03.
Would use them again.
They only transfer amounts GBP5,000+, if you are only transferring the money to one account there is no charge, otherwise, its GBP15.00.
The rate we got for GBP 12,000 was 2.39, the internet quoted 2.43, but I was told that was for amounts of about a million GBP,
that was around about the 10/09/03.
Would use them again.
Oct 7th 2003, 1:59 am
#19
Forum Regular
Joined: May 2003
Posts: 240
Re: Who is using/used who for currency exchange ??
Originally posted by mrladyboy
We use XE for large amounts (£2000+), and go to the Aussie cashpoint with our UK bank card for smaller amounts.
Visa give an excellent exchange rate. In fact, for amounts of £500 or less, you'll struggle to beat it. And the convenience is obvious.
If you want to send money from Aus to UK, then that's a bit more awkward. Of course you could post one of your Aussie bank cards to a (very) trusted family member for them to withdraw the cash and pay it into your UK account, but you may not like that option. But, like I said, you'll struggle to beat the rate... apparently visa give you close to the £1M+ rate...
We use XE for large amounts (£2000+), and go to the Aussie cashpoint with our UK bank card for smaller amounts.
Visa give an excellent exchange rate. In fact, for amounts of £500 or less, you'll struggle to beat it. And the convenience is obvious.
If you want to send money from Aus to UK, then that's a bit more awkward. Of course you could post one of your Aussie bank cards to a (very) trusted family member for them to withdraw the cash and pay it into your UK account, but you may not like that option. But, like I said, you'll struggle to beat the rate... apparently visa give you close to the £1M+ rate...
