wattsy1982 Posted June 19, 2015 Share Posted June 19, 2015 From experience has anyone been charged by their AUS bank to receive transfers made through moneycorp? ANZ have charged me $15 per transfer to receive transfers from other FX companies and directly from my UK account. Thanks Link to comment Share on other sites More sharing options...
srh82 Posted June 19, 2015 Share Posted June 19, 2015 Never been charged to receive funds from Hifx into my ANZ account with a transfer from the UK. Link to comment Share on other sites More sharing options...
wattsy1982 Posted June 19, 2015 Author Share Posted June 19, 2015 ive been charged everytime by anz whether its been transfered from a broker (halo financial) my halifax uk account or my parents natwest UK account. Most banks charged to receive foreign transfers....i trudged around 4-5 today in person to try to find a free one! Link to comment Share on other sites More sharing options...
Skippy1 Posted June 22, 2015 Share Posted June 22, 2015 CurrencyFair is the best from what i can see with the best rates and easy to use once set up. $4 transfer fee but best rate and no charges from NAB. Use them all the time Link to comment Share on other sites More sharing options...
Guest Posted June 22, 2015 Share Posted June 22, 2015 ive been charged everytime by anz whether its been transfered from a broker (halo financial) my halifax uk account or my parents natwest UK account. Most banks charged to receive foreign transfers....i trudged around 4-5 today in person to try to find a free one! If you use a company like Money Corp or HiFX then it's not a foreign transfer (well HiFX certainly isn't) - just googled Halo and I can't understand why your bank or any other would charge. Link to comment Share on other sites More sharing options...
Guest The Pom Queen Posted June 22, 2015 Share Posted June 22, 2015 I've moved your question in to a new thread and to money and finance as the Moneycorp forum is to liaise with @John from Moneycorp directly. If you have a NAB account then Moneycorp has a Pio members deal with them where they will absorb any fees so you won't be charged at either end. We just had a family member do a bank to bank transfer and it cost $25 at this end Link to comment Share on other sites More sharing options...
Marisawright Posted June 23, 2015 Share Posted June 23, 2015 From experience has anyone been charged by their AUS bank to receive transfers made through moneycorp? ANZ have charged me $15 per transfer to receive transfers from other FX companies and directly from my UK account. Thanks That makes no sense. If you transfer money with Moneycorp, it's already in Australian currency (assuming you did the transfer correctly) so it's not a foreign transfer, it's just a deposit. Of course they will charge you for transfers in direct from your UK account because there's a currency conversion involved. Link to comment Share on other sites More sharing options...
Peach Posted June 23, 2015 Share Posted June 23, 2015 I think it depends on how the money is transferred to your account. If it comes from the transfer company via Electronic Funds Transfer there is no charge. If the money is WIRED/uses SWIFT there is a fee when it reaches your account. Link to comment Share on other sites More sharing options...
paddymacs Posted June 23, 2015 Share Posted June 23, 2015 Following! Link to comment Share on other sites More sharing options...
House Biatch Posted June 23, 2015 Share Posted June 23, 2015 I set up an account with ANZ a few weeks ago ready for our move in October. The lady I spoke to at ANZ in London said that I should avoid transferring regular small amounts into the Oz account because there was a deposit charge of $15 for each deposit regardless of amount. I deposited £100 to test it out via MoneyCorp 2 weeks ago, so far have not been charged the $15 fee?? Link to comment Share on other sites More sharing options...
Bronyaur Posted June 23, 2015 Share Posted June 23, 2015 I set up an account with ANZ a few weeks ago ready for our move in October. The lady I spoke to at ANZ in London said that I should avoid transferring regular small amounts into the Oz account because there was a deposit charge of $15 for each deposit regardless of amount. I deposited £100 to test it out via MoneyCorp 2 weeks ago, so far have not been charged the $15 fee?? There wont be a bank charge as Moneycorp send the Money from their Australian bank to your Australian account just like a domestic transfer. Its not sent from their UK bank which would register as an international transfer. Ive never been charged a cent. Link to comment Share on other sites More sharing options...
Guest John from Moneycorp Posted June 23, 2015 Share Posted June 23, 2015 Being a Poms in Oz member you should not be charged any transfer fees - any issues feel free to send me a private message. Thanks John Link to comment Share on other sites More sharing options...
wattsy1982 Posted June 25, 2015 Author Share Posted June 25, 2015 Just made my first transfer so waiting to see if there are any charges. Will update when money hits my AUS NAB account Link to comment Share on other sites More sharing options...
wattsy1982 Posted June 26, 2015 Author Share Posted June 26, 2015 Money received today into my nab account through moneycorp and no fees/charges at all. great service! Link to comment Share on other sites More sharing options...
Guest John from Moneycorp Posted June 26, 2015 Share Posted June 26, 2015 Money received today into my nab account through moneycorp and no fees/charges at all. great service! Pleased you are happy with everything. Link to comment Share on other sites More sharing options...
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