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General Dilemmas Discuss anything that concerns you or anything else that you maybe worried about when moving to Australia. Where to go, what to do??!


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Old 28-02-2008, 11:05 AM   #1 (permalink)
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Ozforex or HIFX??

Hi can anyone recommend the best one to use to transfer money into a Westpac account?
Thanks Julie

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Old 28-02-2008, 07:25 PM   #2 (permalink)
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Hi Julie, i think they are both roughly the same. We are using HiFX.

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Old 28-02-2008, 07:36 PM   #3 (permalink)
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Hi just found out ozforex can "lock" a rate in for you from £10k. Hifx you have to use£50k
The rates only just over 208$$/££ today tho'
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Old 28-02-2008, 09:27 PM   #4 (permalink)
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Andy & Rach will become famous soon enough
actually with HIFX the minimum recommended amount is £5k but they can actually 'lock' any amount for you. where did you get the info? I know this because Andy actually works as a currency dealer for HIFX..... :)
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Old 29-02-2008, 02:47 PM   #5 (permalink)
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OzForex.

Hi all,

OzForex offer no fees for any payments above GBP 3,000.00 and the fee below this is only GBP 7.00. If you are transferring between the UK and Australia then we guarantee no hidden intermediary or receiving bank fees as well.

The minimum transaction size is GBP 1,000.00 and through our Tranzfers brand the minimum is only GBP 50.00.

You can take out a limit order, which is an instruction to do the exchange once the market hits a particular rate, eg. if the GBP/AUD reaches 2.25 then please convert GBP 15,000 to AUD. We watch the order on your behalf 24 hours a day between Monday and Friday and let you know once it is reached.

A forward contract to lock in a rate now for payment at a later date, anywhere up to 12 months in advance is possible, with the flexibility to pay this through early, or to use the full 12 month period to pay the contract.

Please let me know if you have any questions, or would like any further clarification about OzForex, our service or our products.

Regards

John Corcoran

Manager - OzForex Canada.

UK 0845 686 1950
AU 1300 300 424
john@ozforex.com.au
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Old 29-02-2008, 11:45 PM   #6 (permalink)
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We used hifx - without any difficulty.

John did you check with Tim our administrator regarding advertising?
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