Jump to content

what is the best uk bank account ot open to transfer money to oz


Oz Dollar

Recommended Posts

Sorry if this has been asked before. When we move to oz we want to put the rental money or house sale money into a new account into the uk. Then we want to transfer to a ANZ bank that we opened a few years ago in oz with the money from the sale or rental.

:unsure:I was told Nationwide was the best bank to use. Any one used Nationwide?

Thank you

Link to comment
Share on other sites

you can use any bank but if you are transfering cash to uk to oz use a money exchange get a better rate of interest money corp is good but they do not transfer from oz to uk there are other companies out there you can use to transfer cash from oz to uk

good luck

Link to comment
Share on other sites

you can use any bank but if you are transfering cash to uk to oz use a money exchange get a better rate of interest money corp is good but they do not transfer from oz to uk there are other companies out there you can use to transfer cash from oz to uk

good luck

 

Thank you. Only hubby is going ahead of me. And if he gets works in oz fingeres crossed he will need to send me some money over to uk.

But when I go out end of Oct and put the money in from the house sale(fingers crossed) I will have to send it or some from uk to oz.

 

How did you do it please.

Link to comment
Share on other sites

If it must be a separate account, could your existing bank not open you an additional account just for that purpose? Ours did.

Transferring money to and fro seems to be a complicated process and the rates vary wildly. Our Oz bank will do it nice and easily, but take a massive chunk. Whereas when we've sent large sums through a foreign exchange company they'll not give you the best deal straight off, and the last one we used decided not to honour the rate they'd quoted, but only after the money was already in "transit" to them. Cheeky bleeders got an earful and then did as they'd originally said.

Link to comment
Share on other sites

If it must be a separate account, could your existing bank not open you an additional account just for that purpose? Ours did.

Transferring money to and fro seems to be a complicated process and the rates vary wildly. Our Oz bank will do it nice and easily, but take a massive chunk. Whereas when we've sent large sums through a foreign exchange company they'll not give you the best deal straight off, and the last one we used decided not to honour the rate they'd quoted, but only after the money was already in "transit" to them. Cheeky bleeders got an earful and then did as they'd originally said.

 

I just wanted a bank that people could recommend and HSBC from Rachel says she was pleased. But thank you for your reply I am sorted now. Fab web site for info and help.

Link to comment
Share on other sites

Sorry if this has been asked before. When we move to oz we want to put the rental money or house sale money into a new account into the uk. Then we want to transfer to a ANZ bank that we opened a few years ago in oz with the money from the sale or rental.

:unsure:I was told Nationwide was the best bank to use. Any one used Nationwide?

Thank you

 

All banks rape you on Forex transfer fees, I use HIFX, they have a UK branch and a Oz branch, this works out great coz you dont have to pay forex fees either way, and you can use any or existing bank accounts

Link to comment
Share on other sites

  • 3 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...