Pasteypoms Posted November 24, 2014 Share Posted November 24, 2014 We have 50k we want to transfer to OZ, what the best way to do it with out hefty charges? Quote Link to comment Share on other sites More sharing options...
Alan Collett Posted November 25, 2014 Share Posted November 25, 2014 http://pomsinoz.moneycorp.com/fly-away-competition.cfm I recommend contacting one of the supporters of this forum - Moneycorp. Best regards. Quote Link to comment Share on other sites More sharing options...
Alisonfromuk Posted November 28, 2014 Share Posted November 28, 2014 Hello, I have recently done something similar and have some tips I used HIFX (there are others similar) and got a better rate than the bank offers you. I wish I set a "market order" rather than obsessively watching the rate for a few weeks. With this you set the amount you want to exchange along with the rate you desire i.e. 1.84, then when the market triggers your rate it automatically purchases your funds on your behalf. You then have 2 days to pay the money to the company and within another day or so they transfer it to you. I recently traded at a lower rate and upon reflection if I had set my market order for my desired rate I might have eventually got a better deal, which equates to a few thousand dollars when moving large volumes of money. Hope that helps. Quote Link to comment Share on other sites More sharing options...
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