John from Moneycorp

This week, the pound sprang back into life when the UK services sector purchasing managers' index came in a point and a half higher than forecast at 55.0. It was worth a quick half-cent to sterling, which came away as the day's winner. We also saw this week that the Australian dollar took a step backwards after the Reserve Bank of Australia kept its benchmark Cash Rate on hold because the RBA once again refused to suggest where rates might go next.

Happy to arrange a chat and provide more information - please send me a private message with information on estimated timelines for the transfer. Thanks John

Feel free to send me a private message - may be able to point you in the direction of some companies who can help. Thanks John

Hi @Mattcouts I've sent you a PM. Thanks John

Looking forward to seeing everyone!

Thanks for the message. We can certainly help with this and provide guidance and information to help you achieve a good exchange rate. Have you already registered with us? Please send me a private message on here and we can chat further.

Reminder on this if anyone would like to come.

Better levels for the pound this morning against the Australian dollar - could be an interesting week ahead with Article 50 being triggered.

Good summary piece here - http://news.sky.com/story/should-theresa-may-trigger-or-beware-the-ides-of-march-10801273

Yesterday, Nicola Sturgeon (First Minister of Scotland) announced plans to trigger second independence referendum on Scotland's membership of the United Kingdom. There was an expectation this could weaken the pound a lot but we’ve only seen minor moves so far.

Scottish independence: Nicola Sturgeon to seek second referendum http://www.bbc.co.uk/news/uk-scotland-scotland-politics-39255181

Yes - all are welcome to this! Thanks John

Budget Announcement 2017 Today Philip Hammond delivered his first Budget statement as Chancellor and says “Budget provides strong, stable platform for Brexit". Contrary to his predecessors of recent years Mr Hammond announced higher economic growth than previously forecast, up from 1.4% to 2% for 2017. Following the trend inflation is also forecast to rise, increasing to 2.4% in 2017 and employment figures will also rise with a potential 650,000 expected to be in work by 2021. Mr Hammond announced help for firms affected by increases in business rates, tax rises for the self-employed and forecast annual borrowing in 2016-17 to be £51.7bn, £16.4 bn lower than originally forecast.

Australian Dollar top of the G10 Leaderboard in 2017 There is a lot of positive momentum surrounding the dollar thanks to strong commodity prices and business data out from the Australian Bureau of Statistics showing record profits from Australian companies. Key thing to watch this week would be the Q4 GDP data out on Wednesday - we could see the currency take a hit if this is another GDP miss like we saw with Q3. The pound on the other hand is losing ground on the back of political instability with Scotland potentially calling for an independence referendum. Should be an interesting week.

Hi GetMeDownUnder, thanks for the note. I am not sure why Westpac would state the recipient would not receive total funds. I can confirm that we are offering to reimburse any international transfer fee whilst we switch banking providers in Australia. We should have our new local account up and running in a couple of weeks but for the moment the best thing to do would still be to send the AUD to our UK account, we would reimburse the fee and then convert into GBP at a great exchange rate, and would send the full balance amount to your UK bank account. Please touch base with your dedicated account manager directly and say that we have been in communication on the forum so they can confirm everything for you. Many thanks.