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Found 11 results

  1. Hi everyone! I hope this finds you all well today and in good health ~ We've had many members take up our special PIO promotion of up to £50 cash back - which is great to see! Don't forget you can all benefit from this until the offer closes on 31. May. For the members new to Moneycorp & currently making their first transfers with us, I wanted to give a quick 4-step process to opening your account: A Guide to Sending Money Overseas More than a thousand 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. Here's 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 giving you instructions on how to transfer your funds to Moneycorp. Your account manager will also explain how to send funds to your nominated bank account(s) following the 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, or +61 2 8228 1490 ~ please remember to quote PomsInOz.
  2. Susan from Moneycorp

    Considering locking in your exchange rate

    Hi everyone ~ A lot of members have been asking me recently about the direction of the Pound & Australian Dollar - especially people who have to make regular international payments or have a payment deadline coming up, where exchange rate fluctuations could make a big impact. We've spoken about the benefit a Forward contract could bring. Thought I'd post a short blog here so that everyone can see how it works: https://www.moneycorp.com/en-au/content-hub/blogs/20192/march/a-currency-forward-contract/
  3. Money back on your account While these times are challenging, markets are still moving. And, with uncertainty, currencies can fluctuate even more, but don’t worry, we keep our clients up-to-date, to help you feel a little more in control. As a little thank you for being a valued Poms in Oz member, you’ll receive £25 when you make an international payment of £2,500+, or £50 for an international payment of £5,000+, before midnight 31. May 2020*. Login to your account or, if you’re a new user, register for a free account using the dedicated PIO link: https://register.moneycorp.com/?rp=10168283 Remember when you make a transfer, you also benefit from: Stay informed with the rates We understand you’ll have other things to focus on, so you don’t need to watch the markets closely as we keep our clients up-to-date with rate alerts. Control your money Lock in a current exchange rate for up to two years with a forward contract (this may require a deposit) if you’re not quite ready to make the payment. Anywhere you need Download our app (UK Only) and make online payments from your mobile 24/7 with our secure online platform. Available for both Android and iOS. Any questions? +61 2 8228 1490 Email us: Australiaenquiries@moneycorp.com Send us your feedback Follow us 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). *Terms & Conditions
  4. US-China relations look strained, Australia-China relations look strained, Boris is back with the Churchillian spirit and even the worst statistics cannot dampen the US stock market. "Sell in May, Go away" might just be the wisest piece of advice for the risk (& ulcer) averse. https://www.moneycorp.com/en-au/news-hub/nasty-numbers/
  5. Susan from Moneycorp

    Member offer: Money back on your Accounts

    Money back on your account While these times are challenging, markets are still moving. And, with uncertainty, currencies can fluctuate even more, but don’t worry, we keep our clients up-to-date, to help you feel a little more in control. As a little thank you for being a valued Poms in Oz member, you’ll receive £25 when you make an international payment of £2,500+, or £50 for an international payment of £5,000+, before midnight 31. May 2020*. Login to your account or, if you’re a new user, register for a free account using the dedicated PIO link: https://register.moneycorp.com/?rp=10168283 Remember when you make a transfer, you also benefit from: Stay informed with the rates We understand you’ll have other things to focus on, so you don’t need to watch the markets closely as we keep our clients up-to-date with rate alerts. Control your money Lock in a current exchange rate for up to two years with a forward contract (this may require a deposit) if you’re not quite ready to make the payment. Anywhere you need Download our app (UK Only) and make online payments from your mobile 24/7 with our secure online platform. Available for both Android and iOS. Any questions? +61 2 8228 1490 Email us: Australiaenquiries@moneycorp.com Send us your feedback Follow us 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). *Terms & Conditions
  6. In the week when a humble, defiant, heroic Centenarian became our new National Treasure, promoted to the rank of Colonel with a Spitfire flyover and the Prime Minister named his new-born son after the Nurses who saved his life, you'd be forgiven for thinking we couldn't find too much more to top that! You're wrong... https://www.moneycorp.com/en-gb/news-hub/weekly-brief-01-may-2020/ As always, please feel free to contact me for a chat!
  7. Susan from Moneycorp

    That was the week that was.....

    HI everyone, With the currency markets being understandably volatile at the moment, I'm going to start posting our weekly reviews to clarify what really happened once the headlines died down. Here's a summary of last week: https://www.moneycorp.com/en-gb/news-hub/weekly-brief-24-april-2020/ As always, feel free to call for a chat anytime: there are a lot of questions at the moment - and they're all valid ones! 0414 838 586 Susan Watts Director of Business TTT Moneycorp PTY Ltd Australia T: +61 414 838586 Weekly currency summary - 24 April 2020.pdf
  8. Sheena from Moneycorp

    US-China trade war casts a shadow

    Hopes of a resolution to the US-China trade war were repeatedly raised and dashed towards the end of the year, and the Aussie similar rose and fell on the news. October saw talk of a resolution and a postponement of tariffs scheduled for the 15th October, while December brought about a softening of the tone of rhetoric from the US. This was good news for the Australian dollar, however those hopes were soon dashed when China declared that it would be reluctant to strike a trade deal with the States as long as US tariffs remained in place. As a result, the Aussie lost all that it gained. The pattern of dashed hopes continued for much of the quarter, with promises of a resolution that never appeared. The challenge for the Australian dollar is that, along with many other commodity-based currencies, the ongoing trade war between the US and China is having an impact on currency values. The indirect impact is also felt in the performance of Australia’s economy as a major trade route. Investors will be looking for a more definite resolution in 2020 to the ongoing uncertainty.
  9. Sheena from Moneycorp

    AUD Update

    It's been a slow week for AUD as the market settled down for the festive period. Uncertainty continues to be the main theme for the currency as we await the RBA's decision on interest rate cuts, with many analysts expecting the first cut to be made by the central bank as early as mid-2020. This outcome would lead to AUD losing strength in the global market as the interest rate cuts aim to increase economic growth. GBP/AUD is trading at 1.8742 at the time of writing. Happy New Year to all!
  10. Sheena from Moneycorp

    GBP/AUD update

    GBP / AUD slips to 1.8663 on the back of a late December rise for Australian shares, with the futures market set to open up 10-15 points. Last Monday's high of 1.9513 has also been influenced by a hardening Brexit tone with Boris Johnson setting a deadline for next December. UK monetary policy will be key in the coming weeks, with many experts predicting a refined policy in 2020.
  11. Sheena from Moneycorp

    GBP and AUD Update

    The pound Australian Dollar (GBP/AUD) exchange rates rose today, due to opinion polls suggestion of a Conservative victory on the 12th December general election. The polls showed that the Tories were ahead of the Labour party in a 14 percentage point lead, ensuring a high probability that the Conservatives will win a majority this week. With markets preferring a Conservative victory, due to their promises to resolve Brexit uncertainty and engender enterprise - friendly policies, this has provided some uplift for the Pound today. However markets remain cautious over the remaining possibility of a hung parliament this week, with the opinion polls resulted being treated with a degree of scepticism. The Australian Dollar (AUD) struggled today after Chinese exports fell for their fourth consecutive month as US-China trade uncertainties weigh on China’s economy. China is clearly not immune to either the U.S. trade tariffs, or the lingering slowdown in the broader global economy. Tomorrow will also see the release of the industrial and manufacturing production figure for October, with any indications of improvement likely buoying market confidence in the British economy and boosting the Pound. UK political developments will remain in focus ahead of Thursday’s general election this week, with any signs of the Labour Party rising likely weakening the Pound on heightened political volatility.
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