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Found 35 results

  1. John from Moneycorp

    Currency Transfers with Moneycorp

    A Guide to Sending Money Overseas Hundreds of Poms in Oz members have benefited from using Moneycorp for their international money transfers. Moneycorp’s services are straightforward, simple to use and will save you money. The following text outlines the 4 step process and how it works. 1. Set up your Moneycorp account To start making money transfers, you will need to open an account with Moneycorp. This can be done online and only takes a few minutes - click here to register Opening an account carries no costs or obligations on your behalf. 2. Choose the best solution for your needs Once your Account is set up, your personal account manager will contact you to identify and discuss your specific requirements. They will be your personal point of contact for all future transactions and will explain the proposed course of action and options that best suits your personal needs. 3. Arrange your finances Once you have verbally agreed to a money transfer with your personal account manager, you will be sent a Contract Summary outlining the details. This document will include a form giving you instructions on how to transfer your funds to Moneycorp. The Contract Summary will also include a Transfer Instruction form, on which you will need to put details of the bank account(s) into which you would like your currency to be paid following your transaction. For further information regarding the different options when buying your currency, please click here 4. Payment methods You may use one of a variety of payment methods to send your funds to Moneycorp. Everything will be explained clearly by our staff and there is a dedicated customer service team who can help you with any questions you might have. Poms in Oz & Moneycorp Exclusively for PomsInOz members, you will not pay any transfer fees when sending your money overseas. Register with Moneycorp by clicking here For more information, call +44 (0)20 7589 3000, please remember to quote PomsInOz.
  2. Anthony from Moneycorp

    AUD Update

    The Aussie took third place behind the Japanese yen and US dollar. It lost narrowly to the USD and strengthened by two thirds of a cent against the pound. Australian economic data were conspicuous by their absence. The only ones to appear were for private sector credit in February. Lending to individuals and companies increased by a monthly 0.3% and was 4.2% higher on the year. Investors did not really notice. What they did notice, though, was guidance from the Reserve Bank of New Zealand that its next change to interest rates was likely to be a cut. Although there is no direct link between the RBNZ and the Reserve Bank of Australia, investors decided that such a move would be likely to affect the thinking of the RBA. It does not have much room to take rates lower but it might be inclined to try to find some.
  3. Anthony from Moneycorp

    AUD and GBP Update

    Pound Sterling Australian Dollar exchange rate fell to a fresh low for the week thus far in early Tuesday trading as rebounding risk sentiment lifted the Aussie and Brexit-related uncertainty kept a lid on GBP upside. Brexit retains its influence as a key factor with developments therein expected to continue to drive price action for the GBP. Following Monday's parliamentary session, focus now turns to Wednesday's indicative votes which will give MPs the opportunity to present, and vote on, alternative Brexit plans. Aside from a panel discussion including RBA assistant governor, Christopher Kent, the schedule is clear for the Aussie with the antipodean currency expected to be at the mercy of risk-appetite, which for now at least remains positive.
  4. Anthony from Moneycorp

    GBP/AUD Sheds Last Week's Gains

    Pound to Australian Dollar Exchange Rate Sheds Last Week’s Impressive Gains Fresh frustration from the UK and EU over a Brexit impasse, with just over one week until Brexit, led to a deluge of unexpected developments yesterday that sent Brexit confidence and the Pound to Australian Dollar (GBP/AUD) exchange rate plummeting. Last week saw GBP/AUD surge from 1.8467 to 1.8763, as investors bet against a no-deal Brexit. However, since yesterday’s ultimatums from the EU and from the UK government, no-deal Brexit fears returned once again and GBP/AUD essentially shed those gains. The Australian Dollar (AUD) was more easily able to capitalise on the Pound’s (GBP) weakness this morning, due to dovishness from the Federal Reserve making investors more willing to take risks.
  5. Over the last 4 weeks GBP/AUD exchange rates have increased by 6 cents making a AUD $300,000 purchase £5,340 cheaper. The slowdown in Australia is putting a major strain on Australian dollar exchange rates. The housing market is under severe pressure due to the tightening of lending standards throughout 2018. China is slowing due to the ongoing trade war which means less commodities are leaving Australian shores and the Reserve Bank of Australia have hinted at cutting interest rates in a bid to stimulate economic growth. All in all, it’s hard to see how the tides will change for the Australian economy unless major changes are made to monetary policy and the US and China secure a trade deal that works for both parties. One positive is that unemployment numbers have remained stable over the last couple of months. This week Australia will release their latest unemployment numbers and 5% is expected. If the number is released at 5%, I expect the Australian dollar could benefit on Thursday morning. However earlier in the week, the RBA minutes and House Price index numbers are released on Tuesday morning. Both releases I expect could disappoint, therefore waiting till Friday to sell Australian dollars seems a risky strategy.
  6. The two key releases for the Australian Dollar are the minutes of the last Reserve Bank of Australia (RBA) meeting and employment data. Analysts are currently split over whether the RBA will cut interest rates or not so the RBA minutes will be a closely watched deciding factor in the debate with implications for the Aussie. If the members of the RBA policy committee appear to endorse a possible rate cut it would weigh on the Australian Dollar. Lower interest rates weigh on currencies as they make the country less attractive as a destination for foreign capital inflows. The other main release is employment data. This has traditionally been quite strong in Australia and one of the bright spots of the economy. The risk lies with it weakening and surprising the market negatively. This would weigh on the Aussie. Current Status While the immediate outlook for GBP/AUD has softened, Sterling is nevertheless still looking to notch up a weekly gain on its antipodean counterpart. Brexit aside, a key driver of GBP/AUD has been a softening in expectations for the outlook of the Australian economy. The question being asked by foreign exchange markets is whether or not the slowdown in Australian economic momentum is great enough to warrant interest rate cuts at the Reserve Bank of Australia (RBA).
  7. Anthony from Moneycorp

    Brexit Uncertainty for GBP and AUD

    Over the last 12 months, the property market down under has been causing major problems for the Australian dollar. Lending standards alongside the global slowdown has caused property prices to take a tumble in the major cities. If the home loan numbers fail to hit 1%, the Australian dollar could have a tough week as it increased the chances of the Reserve Bank of Australia (RBA) cutting interest rates this year. However Brexit negotiations are likely to be the most important driver for GBPAUD exchange rates. If Theresa May has managed to sway MPs to vote in favour of her Brexit deal I expect the pound to make further inroads against the Australian dollar. However, if MPs decide to extend Article50 or vote to crash out of the EU this could have a negative impact on the pound and rates could fall to levels we become accustom to last year.
  8. I have received many messages recently on the pound against the Australian dollar – below is further information on what could shape the exchange rate over the next few months. For GBP/AUD, the trend is currently towards a weaker Aussie dollar. The exchange rate, in the short term and what will happen next, is currently dependent mainly on the following factors: Eurozone situation – The Greek situation in particular causing investors to shun high yielding ‘riskier’ assets, which has proved to be negative for the Aussie dollar. The British pound on the other hand has benefitted from a relative safe haven status having retained its AAA credit rating, resulting in a flight away from the beleaguered Euro and into sterling and UK Government bonds, resulting in a higher GBP/AUD$ rate of exchange which means it is better for those converting their pounds into Aussie dollars) – if the Eurozone situation continues to deteriorate, this is likely to further weaken the Aussie dollar. Interest rates - Having seen the Reserve Bank of Australia cut its interest rate from 4.25% to 3.75% in April, the high yield advantage is now being eroded. Australia’s Prime Minister Julia Gillard has also recently stated that her government will return the budget to a surplus during the next fiscal year providing scope to adjust interest rates. Some analysts are predicting another interest rate cut in Australia soon, maybe as early as June, which again could be negative for the Australian dollar. China - Australia’s largest trade partner China has seen a considerable slowdown in economic growth recently with the most latest GDP reading down to 8.1% annualised from the previous result of 8.9% in the final quarter of 2011. Their decline in growth rate will undoubtedly dampen their previously insatiable demands for Australia’s natural resources. Considering that the Australian economy has been driven by its mining boom, the recent RBA decision to cut has been well received with the aim to help stimulate some form of domestic growth. Any data released in the Australia and the UK, of course, could have an impact on the exchange rate – much is dependent on what happens in these factors above in relation to the exchange rate over the next few months. Thanks John
  9. John from Moneycorp

    Sending money back to the UK

    Whether you’ve moved to Australia for good, or are working Down Under and plan to head back to Blighty one day, you may still need to transfer funds to the UK. This could be to transfer rental income from a property, or it might be to maintain a home in the UK or send money to a child or grandchild studying in the UK. Whatever your reason for sending money back to the UK, using a foreign exchange specialist rather than your high street bank could make a significant difference to the amount of sterling that arrives in your account. This is not only because you will have the benefit of great exchange rates and low transfer fees, but also you will be provided with expert market guidance and specialist services to help you make the most of your money. A specialist can talk you through the transfer process and their in-depth market knowledge can help you mitigate the risk of the unpredictable foreign exchange market and potentially protect against rate volatility. Another aspect to consider, particularly if you’re making regular payments to and from the UK, is how the transfers take place. As well as dealing with foreign exchange specialists over the phone, you should be able to make transfers online and even set up automated regular payments to cover, for example, a mortgage payment or property maintenance costs. Once you understand your alternatives, it becomes much easier to make the most of your money when repatriating funds. moneycorp is a foreign exchange specialist company, offering great rates and a range of services delivered online and over the phone. Get started with moneycorp It's free to register for a moneycorp account and you can do this online by clicking here. It only takes a few minutes to register – you can then start saving money on your overseas currency transfers. Once registered, you will be assigned an Account Manager who will be your main point of contact and they can provide quotes and information on the Australian dollar as and when you need it. You can also read more information here on the Poms in Oz currency page: www.moneycorp.com/uk/campaigns/partners/pio/  Moneycorp is a reference to TTT Moneycorp Pty Limited which is registered in Australia (business number 116612858). Its principal place of business is Level 15 Exchange Tower, 2 The Esplanade, Perth WA 6000, Australia. TTT Moneycorp Pty Limited is authorised to deal in foreign exchange contracts and buy/sell quotes to retail and wholesale clients as an Authorised Representative (reference number 445555) of Rochford Capital Pty Limited (AFSL License No. 361276).
  10. John from Moneycorp

    Sending money back to the UK

    Whether you’ve moved to Australia for good, or are working Down Under and plan to head back to Blighty one day, you may still need to transfer funds to the UK. This could be to transfer rental income from a property, or it might be to maintain a home in the UK or send money to a child or grandchild studying in the UK. Whatever your reason for sending money back to the UK, using a foreign exchange specialist rather than your high street bank could make a significant difference to the amount of sterling that arrives in your account. This is not only because you will have the benefit of great exchange rates and low transfer fees, but also you will be provided with expert market guidance and specialist services to help you make the most of your money. A specialist can talk you through the transfer process and their in-depth market knowledge can help you mitigate the risk of the unpredictable foreign exchange market and potentially protect against rate volatility. Another aspect to consider, particularly if you’re making regular payments to and from the UK, is how the transfers take place. As well as dealing with foreign exchange specialists over the phone, you should be able to make transfers online and even set up automated regular payments to cover, for example, a mortgage payment or property maintenance costs. Once you understand your alternatives, it becomes much easier to make the most of your money when repatriating funds. moneycorp is a foreign exchange specialist company, offering great rates and a range of services delivered online and over the phone. Get started with moneycorp It's free to register for a moneycorp account and you can do this online by clicking here. It only takes a few minutes to register – you can then start saving money on your overseas currency transfers. Once registered, you will be assigned an Account Manager who will be your main point of contact and they can provide quotes and information on the Australian dollar as and when you need it. You can also read more information here on the Poms in Oz currency page: www.moneycorp.com/uk/campaigns/partners/pio/  Moneycorp is a reference to TTT Moneycorp Pty Limited which is registered in Australia (business number 116612858). Its principal place of business is Level 15 Exchange Tower, 2 The Esplanade, Perth WA 6000, Australia. TTT Moneycorp Pty Limited is authorised to deal in foreign exchange contracts and buy/sell quotes to retail and wholesale clients as an Authorised Representative (reference number 445555) of Rochford Capital Pty Limited (AFSL License No. 361276).
  11. John from Moneycorp

    Great exchange rates with moneycorp

    Great exchange rates with moneycorp Are you transferring money to or from Australia? If so then get great exchange rates with moneycorp – plus, as a special offer for Poms in Oz forum members, there will be no transfer fee charges. High street banks can typically charge £10-£40 in transfer fees when making an international payment. See the table below for an illustration on the potential savings you could make by using moneycorp. *based on an exchange rate comparison taken on 1st January 2018 between Lloyds, HSBC, Natwest and moneycorp. Please note that there are additional costs with the service, the high-street banks typically charge £10-£40. Get started with moneycorp and start saving money – https://www.moneycorp.com/uk/campaigns/partners/pio/ Moneycorp is a reference to TTT Moneycorp Pty Limited which is registered in Australia (business number 116612858). Its principal place of business is Level 15 Exchange Tower, 2 The Esplanade, Perth WA 6000, Australia. TTT Moneycorp Pty Limited is authorised to deal in foreign exchange contracts and buy/sell quotes to retail and wholesale clients as an Authorised Representative (reference number 445555) of Rochford Capital Pty Limited (AFSL License No. 361276).
  12. Benefits of using a foreign exchange specialist By John Kinghorn from moneycorp If you’re sending money overseas, you may think using your local bank is the most convenient and efficient option, but working with a currency exchange specialist can give you access to great value rates and services that your bank may not be willing to provide. In addition, a specialist can offer expert guidance to help you navigate the fluctuating currency market. As an ex-pat, you could have a number of reasons why you need to convert currency, and accessing great rates and avoiding high fees could have a significant impact on the money you receive for any of the following: · Buying a home in Australia; · Converting UK rental income into Australian dollars; · Repatriating Australian dollars back to the UK; · Receiving your pension payments; · Transferring money to friends and family overseas. As well as great rates and lower fees than most high street banks, a specialist can also offer a range of product solutions to help you manage all your foreign exchange requirements · Spot contracts for urgent payments which allow for same-day exchange and transfer; · Stop-loss orders to prevent against precipitous drops in the exchange rate; · Rate targeting and tracking to help you make the most of your money ; · Regular payment plans to fix rates and collect funds from a UK account by direct debit for overseas payments; · Easy-access online account management, supported by an expert team available on the phone. Get started with moneycorp moneycorp offers all our clients a professional service that helps you transfer money across borders and let you get on with enjoying your new life in Australia. It’s free to register for a moneycorp account and you can do this online by clicking here. You can also read more information here on the Poms in Oz currency page – https://www.moneycorp.com/uk/campaigns/partners/pio/ Moneycorp is a reference to TTT Moneycorp Pty Limited which is registered in Australia (business number 116612858). Its principal place of business is Level 15 Exchange Tower, 2 The Esplanade, Perth WA 6000, Australia. TTT Moneycorp Pty Limited is authorised to deal in foreign exchange contracts and buy/sell quotes to retail and wholesale clients as an Authorised Representative (reference number 445555) of Rochford Capital Pty Limited (AFSL License No. 361276).
  13. Transferring money to or from Australia? Save on your international transfers with moneycorp By John Kinghorn from Moneycorp When moving abroad, you want the whole experience to be as smooth as possible. You might have planned your move for years - you’ve even done your research about the best place in Australia to get a nice full English breakfast! After ticking off your (long) emigration checklist and receiving your visas, the time comes to look at your finances. That’s where foreign exchange experts moneycorp can help. They are an alternative to using your high street bank for transferring money to or from Australia. Some of the key aspects and benefits of the service are below. Money-saving foreign exchange since 1979 moneycorp strive to use our expertise to get you great exchange rates and lowest fees on your international money transfers. Protect against market fluctuations The currency market is fast-moving, with exchange rates changing by the second. Transacting when rates are in your favour can make a big difference to the value of your money. Timing is crucial – moneycorp will offer you an Account Manager to guide you and they will provide information, helping you make your money transfers at the best time. Online international money transfers Available 24 hours a day, moneycorp online lets you send money overseas when it's convenient for you, with great exchange rates and there are no transfer fees for Poms in Oz forum members. Moving to Australia or already moved – get started moneycorp have helped thousands of people with their money transfers to and from Australia. It’s free to register for a moneycorp account and you can do this online by clicking here. It only takes a few minutes to register – you can then start saving money on your overseas currency transfers. Once registered, you will be assigned an Account Manager who will be your main point of contact and they can provide quotes and information on the Australian dollar as and when you need it You can also read more information here on the Poms in Oz currency page. Or email currency expert John Kinghorn directly – John.Kinghorn@moneycorp.com TTT Moneycorp Pty Limited, Authorised Representative No. 445555 ABN 46 116 612 858, are Authorised Representatives of Rochford Capital Pty Ltd (AFSL License No. 361276 ABN 40 143 601 594) Jones Bay Wharf, Suite 45, 26-32 Pirrama Road, Pyrmont, NSW 2009.
  14. John from Moneycorp

    Transferring money to or from Australia?

    Save on your international transfers with moneycorp By John Kinghorn from Moneycorp When moving abroad, you want the whole experience to be as smooth as possible. You might have planned your move for years - you’ve even done your research about the best place in Australia to get a nice full English breakfast! After ticking off your (long) emigration checklist and receiving your visas, the time comes to look at your finances. That’s where foreign exchange experts moneycorp can help. They are an alternative to using your high street bank for transferring money to or from Australia. Some of the key aspects and benefits of the service are below. Money-saving foreign exchange since 1979 moneycorp strive to use our expertise to get you great exchange rates and lowest fees on your international money transfers. Protect against market fluctuations The currency market is fast-moving, with exchange rates changing by the second. Transacting when rates are in your favour can make a big difference to the value of your money. Timing is crucial – moneycorp will offer you an Account Manager to guide you and they will provide information, helping you make your money transfers at the best time. Online international money transfers Available 24 hours a day, moneycorp online lets you send money overseas when it's convenient for you, with great exchange rates and there are no transfer fees for Poms in Oz forum members. Moving to Australia or already moved – get started moneycorp have helped thousands of people with their money transfers to and from Australia. It’s free to register for a moneycorp account and you can do this online by clicking here. It only takes a few minutes to register – you can then start saving money on your overseas currency transfers. Once registered, you will be assigned an Account Manager who will be your main point of contact and they can provide quotes and information on the Australian dollar as and when you need it You can also read more information here on the Poms in Oz currency page. Or email currency expert John Kinghorn directly – John.Kinghorn@moneycorp.com TTT Moneycorp Pty Limited, Authorised Representative No. 445555 ABN 46 116 612 858, are Authorised Representatives of Rochford Capital Pty Ltd (AFSL License No. 361276 ABN 40 143 601 594) Jones Bay Wharf, Suite 45, 26-32 Pirrama Road, Pyrmont, NSW 2009.
  15. Hi all, my query is about transferring money from Dubai to my NAB account. I hear that banks in Oz charge fees for money being transferred from overseas. If that is the case, is it better to use some online exchange / transfer website to transfer money without charges. Any information or tips in regards to transferring money from overseas into an Oz bank Account are welcome! Sent using Poms in Oz mobile app
  16. By John Kinghorn from Moneycorp Moving to Australia is a big decision. And no doubt you will want to start your new life with as much money as possible. One of the main factors affecting the amount of money you actually start out with is how you choose to exchange your pounds into Australian dollars (or pounds into dollars if sending money back home to the UK). That’s where moneycorp can assist - below are some top tips to help you get the most for your money. Using your bank? Many people leave their foreign exchange in the hands of their bank. Most are unaware that there are other options available to save money. Banks typically won’t offer you as competitive an exchange rate compared with what moneycorp can offer you. The difference in the rate can be up to 4%, meaning you get more Australian dollars for your pounds. Personal service Using a currency specialist company means you can transfer money overseas with the help of your own Account Manager. They will help you transfer money at the right time, in the right way – for example, when rates are more favourable. Your dealer will work closely with you to manage your currency risks. Plan ahead The longer you have to arrange your currency transfer, the more flexibility you will have to ensure you get the best deal and exchange rate. Special offer for forum members No transfer fees if you register through Poms in Oz – banks can charge up to £40 every time you send money overseas therefore you can save money on fees alone. Next steps Interested in saving money on your overseas currency transfers? Well, it is free and there is no obligation to register for a moneycorp account. Once registered, you will have an Account Manager who can provide live quotes as and when you need them, plus they will go through your requirements in detail. They will also provide information and guidance on the Pound/Australian dollar exchange rate Register with moneycorp by clicking here. Make an enquiry or ask a question by clicking here.
  17. [img2=right]http://www.pomsinoz.com/images/moneycorp468x300.jpg[/img2]John Kinghorn from the foreign exchange expert's moneycorp, is hosting a special UK election live chat session with forum members on Thursday 16th April (7:30pm until 9:30pm, UK time). The UK General Election takes place in May 2015 and with current opinion polls predicting a tight result, uncertainty beckons ahead of and after the election, which could in turn impact the sterling/Australian dollar exchange rate. Therefore, this summer's election result is an important factor to consider if you are transferring money to or from Australia. About John from moneycorp John Kinghorn is Head of UK Private Partnerships at moneycorp. With over 10 years’ experience in the migration industry, John regularly speaks at seminars on the subject and can also help you with other aspects of your move to Australia. When transferring money to or from Australia, moneycorp can typically offer you better exchange rates than your bank – often up to 4% better, saving you money. As an exclusive offer for forum members, all transfer fees are free when sending money overseas. Visit the Poms in Oz currency homepage for more information -http://moneytransfer.pomsinoz.com/ How to participate in the live chat session If you have an account on Pomsinoz, login, then click on the 'chat' menu option at the top of the page. Clicking on chat will launch the chat software. There enter the 'Moneycorp' room. If you don't have an account of Pomsinoz, you can still participate by by following this link - UK election live chat session, then, once the chat software has loaded, tick the 'Guest' option at the top of the chat window, then choose a username and click 'Login' and enter the Moneycorp chat room. NB: If you have a device which doesn't use Flash eg: iPhone or iPad, you can join us in the chat via this link or by downloading the free 123Flashchat app from the Apps Store via this link and entering 921 as the chat ID.
  18. John from Moneycorp

    Money transfers explained

    Value for money when buying your Australian Dollars Starting your new life in Australia is likely to involve making money transfers. With constantly fluctuating markets, when you make them is crucial. Using a foreign exchange specialist will help you get the most for your money. Their experts will monitor the currency markets and understand your needs, ensuring you make your transaction at the best possible time, at the best possible rate. Moving overseas needs planning and what with the scores of items on your checklist, the one that can make the most difference to you often gets forgotten; foreign exchange. It is free to speak to a currency specialist like Moneycorp and the knowledge gained, although very straightforward, can help you to secure significantly more Australian dollars for your pounds. Whatever your situation, it is important to identify and minimise the risk that the Australian Dollar may move against you and make everything that you are intending to buy in Australian more expensive. When moving to Australia, like any other foreign country, your currency options depend upon whether you have access to some or all of the funds you wish to transfer. Three different scenarios you could be in are: I have access to all of the funds – what are my options? If you have access to all the funds, you have two choices: one that enables you to know exactly what dollars you will be receiving and one which is more, “high risk”. The, “risk free solution” would be to buy all of your Australian dollars straight away. You then know exactly how many dollars you have and can budget accordingly. This is called a “spot” transaction. The “high risk strategy” would be to buy the Australian dollars at the last minute and only when you need them. This means that you would have to buy at the prevailing exchange rate, which could induce some sleepless nights ahead especially if you are on a tight budget. I do not have access to all of the funds – what are my options? Even if you don’t have access to all of your funds at the outset you can still play it safe. The solution is to buy one or more “forward contracts”. In essence, a forward contract means that you can buy the currency now, and pay for it later. You will be required to pay a 10% deposit and the 90% balance upon the maturity of the contract. For example, if you wish to buy £50,000 worth of Dollars, but do not need to send them for 8 months, you can agree the exchange rate now, place a £5,000 deposit and pay the remaining £45,000 in 8 months. If the exchange rate moves at all in that 8 month period, you will not be affected as you have bought currency at the originally agreed rate. I have strong views about future exchange rates – what are my options? If you have strong views about future exchange rates, you could wait to buy your currency at some stage between having your visa granted and physically needingthe money in Australia. In this instance Moneycorp can arrange a “market order”. This allows you to target a better rate of exchange. We monitor the markets on your behalf and should the market reach your predetermined exchange rate, your currency is bought automatically. Your order is live 24 hours a day and can be amended or cancelled at any time prior to the transaction taking place. So why use a specialist instead of your bank? Because making transfers with companies like Moneycorp is faster, more convenient and more cost effective. Whether you’re making regular transfers, or simply need to make a one-off payment, they don’t charge commission and guarantee no receiving bank charges. Regular payments automated If you need to make regular payments, such as monthly repayments on a mortgage or a pension transfer, we can arrange it for you via our Regular Payment Plan (RPP). This plan removes the inconvenience of arranging individual monthly transfers through your bank. Set it up once by Direct Debit and receive foreign currency in your Australian bank account every month. Summary of benefits Expert, helpful staff. Highly competitive exchange rates. No commission or receiving bank charges. Ability to fix exchange rates for a set time period, protecting from adverse currency movements. No cost and no obligation in opening an account. Moneycorp offers free international money transfers for all Poms in Oz members More information is available on our money transfers homepage - https://www.moneycorp.com/uk/campaigns/partners/pio/
  19. Does anyone here use bitcoin in order to transfer money between countries so that they don't pay the exorbitant exchange rate fees? I'm interested to find out whether people are actually doing this, because I'd like to see if hostels and the like would be interested in being able to accept bitcoins for their services. It's supposedly becoming a wide-spread practice, but there is very little discussion about it?
  20. Plan ahead by moving overseas with the experts! Moving to Australia is not without its ups and downs. To make sure you stay ahead of the game, it pays to be well informed. Everyone wants to start their new life down under with as much money as possible and there are a number of things you can do to ensure you make the most of your funds. Key topics always discussed on the forum include moving your possessions, shipping your car, shipping your pets, transferring your money to Australia, opening an Australian bank account and getting a mortgage. Poms in Oz is hosting its final webchat event of the year with leading experts in banking, currency exchange, financial/pensions advice, international removals, pet shipping and vehicle importation. The chat event will take place on Tuesday 27th November 2012 from 20:00-22:00 (UK Time). National Australia Bank, Moneycorp, PSS International Removals, PetAirUK, Vista Financial Services and Iron Lady Imports will be on hand to answer any questions you may have about your move. To participate, click on the 'chat' menu option at the top of the page. Clicking on chat will launch the chat software. There will different 'rooms' for each of the different companies. Unregistered guests can participate by following this link - Chat with Industry Experts, then, once the chat software has loaded, tick the 'Guest' option at the top of the chat window, then choose a username and click 'Login' and enter the 'Moneycorp, NAB, PSS, PetAirUK, Vista Financial Services or Iron Lady Imports' chat rooms. National Australia Bank [img2=right]http://www.pomsinoz.com/images/chat-nab.png[/img2] Rebecca Joils will talk about the Australian Banking system providing you with some insights as to what is different between the UK and Australia. She will also talk about how straight forward it is to open an Australian Bank account before you leave home and some of the services you should consider. Moneycorp [img2=right]http://www.pomsinoz.com/images/newmc.gif[/img2] Whether you are moving to Australia, or living there already, John Kinghorn will bring you the latest updates on the Aussie dollar and provide insight into the key factors influencing market movements. Exchange rates are constantly fluctuating and transferring your funds at the right time, via the right channel, can make a big difference to the amount of money you actually end up with. PSS International Removals [img2=right]http://www.pomsinoz.com/images/chat-pss.png[/img2] One of the key ingredients when you are moving overseas is the planning of your removal. Liam Witham will be on hand to offer advice and answer any questions you may have regarding the packing and shipping of your household effects, including what items you can ship to Australia, Australian Customs procedures and AQIS. PetAir UK [img2=right]http://www.pomsinoz.com/images/petair.png[/img2] Bob Ghandour, Veterinary Consultant and Director of PetAir UK will be on hand to discuss any aspects of shipping your pets to Australia. PetAir UK is a unique pet travel service run by specialised vets for ultimate peace of mind. We will transport your pets safely and comfortably - worldwide. No matter what the journey, we will remove the stress of complicated pet travel arrangements and ensure the best possible service to our clients and their much-loved companions is one of our highest priorities. We operate a 'one of the family' policy, where all animals are treated with the same respect and care as our own pets. We know how much it means to you that your beloved pet arrives safely and by using PetAir UK you can assure yourself you are providing the very best care for your pet. We offer truly comprehensive packages which provide absolute continuity from start to finish. Every client is allocated one of our personal veterinary consultants who will oversee every step of the process. From complex documentation and import permit applications through to last minute flight changes, nothing is a problem for our competent and dedicated team. Vista Financial Services [img2=right]http://www.pomsinoz.com/images/vista-financial.png[/img2] Andrew Williams is both a UK qualified and Australian practising Financial Adviser and Mortgage Consultant specialising in advising UK expats in Australia on the transition and development of their financial affairs. From assisting clients with securing their first Australian mortgage through to working with them to understand whether transferring their UK Pensions is in their interests, Andrew is able to help answer your questions and concerns on a wide range of financial planning matters. Iron Lady Imports [img2=right]http://www.pomsinoz.com/images/banners/ironlady.jpg[/img2] Iron Lady Imports is a small, Australian-based business that specialises in arranging transportation of vehicles from anywhere in the world to any port in Australia. For a fixed brokerage fee, we can help arrange your vehicle's import approval paperwork, shipping, customs clearance and registration in Australia. Aside from our fee, all other costs are invoiced to you directly - no hidden markups! We're also happy to advise you if it's worth bringing your car over before you start (that part's free!).
  21. Plan ahead by moving overseas with the experts! Moving to Australia is not without its ups and downs. To make sure you stay ahead of the game, it pays to be well informed. Everyone wants to start their new life down under with as much money as possible and there are a number of things you can do to ensure you make the most of your funds. Key topics always discussed on the forum include moving your possessions, shipping your car, transferring your money into your new Australian bank account and getting a mortgage. Poms in Oz is hosting a live webchat with leading experts in banking, currency exchange, financial/pensions advice, international removals and vehicle importation. The chat event will take place on Tuesday 21st August 2012 from 20:00-22:00 (UK Time). National Australia Bank, Moneycorp, PSS International Removals, Vista Financial Services and Iron Lady Imports will be on hand to answer any questions you may have about your move. To participate, click on the 'chat' menu option at the top of the page. Clicking on chat will launch the chat software. There will different 'rooms' for each of the different companies. Unregistered guests can participate by following this link - Chat with Industry Experts, then, once the chat software has loaded, tick the 'Guest' option at the top of the chat window, then choose a username and click 'Login' and enter the 'Moneycorp, NAB, PSS, Vista Financial Services or Iron Lady Imports' chat rooms. National Australia Bank [img2=right]http://www.pomsinoz.com/images/chat-nab.png[/img2] Royce Hort will talk about the Australian Banking system providing you with some insights as to what is different between the UK and Australia. He will also talk about how straight forward it is to open an Australian Bank account before you leave home and some of the services you should consider. Moneycorp [img2=right]http://www.pomsinoz.com/images/newmc.gif[/img2] Whether you are moving to Australia, or living there already, John Kinghorn will bring you the latest updates on the Aussie dollar and provide insight into the key factors influencing market movements. Exchange rates are constantly fluctuating and transferring your funds at the right time, via the right channel, can make a big difference to the amount of money you actually end up with. PSS International Removals [img2=right]http://www.pomsinoz.com/images/chat-pss.png[/img2] One of the key ingredients when you are moving overseas is the planning of your removal. Liam Witham will be on hand to offer advice and answer any questions you may have regarding the packing and shipping of your household effects, including what items you can ship to Australia, Australian Customs procedures and AQIS. Vista Financial Services [img2=right]http://www.pomsinoz.com/images/vista-financial.png[/img2] Andrew Williams is both a UK qualified and Australian practising Financial Adviser and Mortgage Consultant specialising in advising UK expats in Australia on the transition and development of their financial affairs. From assisting clients with securing their first Australian mortgage through to working with them to understand whether transferring their UK Pensions is in their interests, Andrew is able to help answer your questions and concerns on a wide range of financial planning matters. Iron Lady Imports [img2=right]http://www.pomsinoz.com/images/banners/ironlady.jpg[/img2] Iron Lady Imports is a small, Australian-based business that specialises in arranging transportation of vehicles from anywhere in the world to any port in Australia. For a fixed brokerage fee, we can help arrange your vehicle's import approval paperwork, shipping, customs clearance and registration in Australia. Aside from our fee, all other costs are invoiced to you directly - no hidden markups! We're also happy to advise you if it's worth bringing your car over before you start (that part's free!).
  22. Plan ahead by moving overseas with the experts! Moving to Australia is not without its ups and downs. To make sure you stay ahead of the game, it pays to be well informed. Everyone wants to start their new life down under with as much money as possible and there are a number of things you can do to ensure you make the most of your funds. Key topics always discussed on the forum include moving your possessions, shipping your car, shipping your pets, transferring your money into your new Australian bank account and getting a mortgage. Poms in Oz is hosting our first Live Chat session for 2012 with leading experts in banking, currency exchange, financial advice, international removals and pet transportation. The chat event will take place on Wednesday 08th February 2012 from 7:30pm-9:30pm (UK Time). National Australia Bank, Moneycorp, PSS International Removals, PetAirUK and Vista Financial Services will be on hand to answer any questions you may have about your move. To participate, click on the 'chat' menu option at the top of the page. Clicking on chat will launch the chat software. There will different 'rooms' for each of the different companies. Unregistered guests can participate by following this link - Chat with Industry Experts, then, once the chat software has loaded, tick the 'Guest' option at the top of the chat window, then choose a username and click 'Login' and enter the 'Moneycorp, NAB, PSS, PetAirUK or Vista Financial Services' chat rooms. National Australia Bank [img2=right]http://www.pomsinoz.com/images/chat-nab.png[/img2] Royce Hort will talk about the Australian Banking system providing you with some insights as to what is different between the UK and Australia. She will also talk about how straight forward it is to open an Australian Bank account before you leave home and some of the services you should consider. Moneycorp [img2=right]http://www.pomsinoz.com/images/newmc.gif[/img2] Whether you are moving to Australia, or living there already, John Kinghorn will bring you the latest updates on the Aussie dollar and provide insight into the key factors influencing market movements. Exchange rates are constantly fluctuating and transferring your funds at the right time, via the right channel, can make a big difference to the amount of money you actually end up with. PSS International Removals [img2=right]http://www.pomsinoz.com/images/chat-pss.png[/img2] One of the key ingredients when you are moving overseas is the planning of your removal. Liam Witham will be on hand to offer advice and answer any questions you may have regarding the packing and shipping of your household effects, including what items you can ship to Australia, Australian Customs procedures and AQIS. PetAir UK [img2=right]http://www.pomsinoz.com/images/petair.png[/img2] Bob Ghandour, Veterinary Consultant and Director of PetAir UK will be on hand to discuss any aspects of shipping your pets to Australia. PetAir UK is a unique pet travel service run by specialised vets for ultimate peace of mind. We will transport your pets safely and comfortably - worldwide. No matter what the journey, we will remove the stress of complicated pet travel arrangements and ensure the best possible service to our clients and their much-loved companions is one of our highest priorities. We operate a 'one of the family' policy, where all animals are treated with the same respect and care as our own pets. We know how much it means to you that your beloved pet arrives safely and by using PetAir UK you can assure yourself you are providing the very best care for your pet. We offer truly comprehensive packages which provide absolute continuity from start to finish. Every client is allocated one of our personal veterinary consultants who will oversee every step of the process. From complex documentation and import permit applications through to last minute flight changes, nothing is a problem for our competent and dedicated team. Vista Financial Services [img2=right]http://www.pomsinoz.com/images/vista-financial.png[/img2] Andrew Williams is both a UK qualified and Australian practicing Financial Adviser and Mortgage Consultant specialising in advising UK expats in Australia on the transition and development of their financial affairs. From assisting clients with securing their first Australian mortgage through to working with them to understand whether transferring their UK Pensions is in their interests, Andrew is able to help answer your questions and concerns on a wide range of financial planning matters.
  23. Plan ahead by moving overseas with the experts! Moving to Australia is not without its ups and downs. To make sure you stay ahead of the game, it pays to be well informed. Everyone wants to start their new life down under with as much money as possible and there are a number of things you can do to ensure you make the most of your funds. Key topics always discussed on the forum include moving your possessions, shipping your car, shipping your pets, transferring your money into your new Australian bank account and getting a mortgage. Poms in Oz is hosting our first Live Chat session for 2012 with leading experts in banking, currency exchange, financial advice, international removals and pet transportation. The chat event will take place on Wednesday 08th February 2012 from 7:30pm-9:30pm (UK Time). National Australia Bank, Moneycorp, PSS International Removals, PetAirUK and Vista Financial Services will be on hand to answer any questions you may have about your move. To participate, click on the 'chat' menu option at the top of the page. Clicking on chat will launch the chat software. There will different 'rooms' for each of the different companies. Unregistered guests can participate by following this link - Chat with Industry Experts, then, once the chat software has loaded, tick the 'Guest' option at the top of the chat window, then choose a username and click 'Login' and enter the 'Moneycorp, NAB, PSS, PetAirUK or Vista Financial Services' chat rooms. National Australia Bank [img2=right]http://www.pomsinoz.com/images/chat-nab.png[/img2] Royce Hort will talk about the Australian Banking system providing you with some insights as to what is different between the UK and Australia. She will also talk about how straight forward it is to open an Australian Bank account before you leave home and some of the services you should consider. Moneycorp [img2=right]http://www.pomsinoz.com/images/newmc.gif[/img2] Whether you are moving to Australia, or living there already, John Kinghorn will bring you the latest updates on the Aussie dollar and provide insight into the key factors influencing market movements. Exchange rates are constantly fluctuating and transferring your funds at the right time, via the right channel, can make a big difference to the amount of money you actually end up with. PSS International Removals [img2=right]http://www.pomsinoz.com/images/chat-pss.png[/img2] One of the key ingredients when you are moving overseas is the planning of your removal. Liam Witham will be on hand to offer advice and answer any questions you may have regarding the packing and shipping of your household effects, including what items you can ship to Australia, Australian Customs procedures and AQIS. PetAir UK [img2=right]http://www.pomsinoz.com/images/petair.png[/img2] Bob Ghandour, Veterinary Consultant and Director of PetAir UK will be on hand to discuss any aspects of shipping your pets to Australia. PetAir UK is a unique pet travel service run by specialised vets for ultimate peace of mind. We will transport your pets safely and comfortably - worldwide. No matter what the journey, we will remove the stress of complicated pet travel arrangements and ensure the best possible service to our clients and their much-loved companions is one of our highest priorities. We operate a 'one of the family' policy, where all animals are treated with the same respect and care as our own pets. We know how much it means to you that your beloved pet arrives safely and by using PetAir UK you can assure yourself you are providing the very best care for your pet. We offer truly comprehensive packages which provide absolute continuity from start to finish. Every client is allocated one of our personal veterinary consultants who will oversee every step of the process. From complex documentation and import permit applications through to last minute flight changes, nothing is a problem for our competent and dedicated team. Vista Financial Services [img2=right]http://www.pomsinoz.com/images/vista-financial.png[/img2] Andrew Williams is both a UK qualified and Australian practicing Financial Adviser and Mortgage Consultant specialising in advising UK expats in Australia on the transition and development of their financial affairs. From assisting clients with securing their first Australian mortgage through to working with them to understand whether transferring their UK Pensions is in their interests, Andrew is able to help answer your questions and concerns on a wide range of financial planning matters.
  24. Hi all, have been looking at transferring some hard earned cash back to the uk and despite the crazy strong AUD dollar at the moment have found the following site useful to compare the australian banks rates bestexchangerates[dot]net I bank with CBA but can see that their profit margin is really big ...around 4 or 5 percent which is a bit much i think. Anyway hope this is useful dave
  25. Amy Rose

    TNT Forex money transfer

    Hi, Has anyone used TNT Forex to do a money transfer? I am transferring some money to Australia and have been told about this company and they transfer money from uk to Australia for £7 Just wondered if anyone has good/bad reviews on the company?
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