John from Moneycorp

Save when you transfer money with a currency specialist

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    Save when you transfer money with a currency specialist

    By John Kinghorn from Moneycorp

    The pound was stronger in September against the Australian dollar. Sterling’s recovery may be put down the following factors:

    • Expectations of upcoming Bank Of England announcements on interest rates rises
    • A positive EU response to the Prime Minister’s speech in Florence, that leaned towards favouring an EEA-style transition period for the first two years of Brexit
    • CBI figures showing that retail sales growth in the UK has reached a two-year high

    However, the pound is still fragile as worries and uncertainty around Brexit remain.

    Below are some top tips if you are transferring money to or from Australia.

    • Research the particular rate trends you’re after
    • Consider using a currency specialist company like moneycorp – they are often cheaper than the high street banks
    • Plan ahead – avoid exchanging money at the last minute

    How moneycorp can help?

    Exchange experts moneycorp can offer great exchange rates if you are sending money to or from Australia. As part of their service, they also provide expert guidance on your international payments. As a special offer for Poms in Oz forum members, all transfers fees are waived on all overseas money transfers.
     
    Find out more and register for a free account –  www.moneycorp.com/pio


    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.

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