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Author transfering cash, exchange rates etc
sam-smith
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Registered: 8th Jan 07
Location: plymouth, UK
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16th Jul 12 at 08:53   View User's Profile U2U Member Reply With Quote
would anyone be able to give advice on what the best time for me to transfer cash from the UK to australia would be?
just opened up an aussie account and im not too good with all the exchange rate stuff, cheers
Russ
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Registered: 14th Mar 04
Location: Armchair
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16th Jul 12 at 09:02   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by sam-smith
would anyone be able to give advice on what the best time for me to transfer cash from the UK to australia would be?
just opened up an aussie account and im not too good with all the exchange rate stuff, cheers
about 11:47
willay
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Organiser: South East, National Events
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Registered: 10th Nov 02
Location: Roydon, Essex
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16th Jul 12 at 09:06   View Garage View User's Profile U2U Member Reply With Quote
are you transferring it from your UK account to a AU account?
sam-smith
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Registered: 8th Jan 07
Location: plymouth, UK
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16th Jul 12 at 09:14   View User's Profile U2U Member Reply With Quote
yeah from the uk to aus
willay
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Registered: 10th Nov 02
Location: Roydon, Essex
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16th Jul 12 at 09:16   View Garage View User's Profile U2U Member Reply With Quote
Ask your bank what the exchange rate is and what fees are attached to it. They will more than likely have a fixed fee.
sam-smith
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Registered: 8th Jan 07
Location: plymouth, UK
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16th Jul 12 at 09:17   View User's Profile U2U Member Reply With Quote
i know that the fee is only £8, its the exchange rate im not sure about. like is it likely to just stay the same for a while?
Sam
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Registered: 24th Dec 99
Location: West Midlands
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16th Jul 12 at 09:19   View User's Profile U2U Member Reply With Quote
My brother transfers money to my bank account from his Australian account.

He just does a normal "international money transfer". His rates are AUD $24.00 (about £16), and $1 = 62p according to a scan of the details he sent me this morning in fact.

Just check the fees for international transfers from your UK bank.
willay
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Organiser: South East, National Events
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Registered: 10th Nov 02
Location: Roydon, Essex
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16th Jul 12 at 09:22   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by sam-smith
i know that the fee is only £8, its the exchange rate im not sure about. like is it likely to just stay the same for a while?


with banks yes.
Toby
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Registered: 29th Nov 05
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16th Jul 12 at 20:35   View Garage View User's Profile U2U Member Reply With Quote
I used a company called TorFX though that was quite a large sum. They specialise in international money transfers.

 
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