Search the Community

It has been some years since I posted on here but now I am in need of advice. The story, I emigrated to Oz over nine years ago at three months over the age of 65 and was already in receipt of the UK State pension, my company pension and a small annuity, the total being just over £1400 a month. On emigrating I have used MONEYCORP to transfer £1400 every month to my bank in Oz and everything has gone perfectly for nine years until this week. In the past I have elected to fix an agreed exchange rate rather than accept the floating rate and this contract is due to end next month. I was contacted by MONEYCORP to remind me that the contract was coming to an end and to contact them and informing me of the various options open to me for the continued transfer of money. There were three options, £1400 from UK at a floating rate, £1400 from the UK at a mutually agreed fixed rate for up to two years and finally a fixed amount of AUS $ to my Oz bank at a floating rate. on speaking to MONEYCORP they said that they are withdrawing from this service, that none of the options are open to me and thanks for your custom. Bye Bye. This is not a complaint against MONEYCORP and as I said at the beginning their service has been very good and I’ve been very happy with them. They have simply stopped offering this service. i cannot be the only person this has affected and I am looking for advice from people who have been put in the same position of names of reputable companies ect who would be willing to take over where MONEYCORP have left off. many thanks for reading. mamba