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Banking / Transfers


A.Gordon

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For transfers I have used OFX for the past few years, with an average of at least 1 transfer per month. I highly recommend OFX.
www.ofx.com
Occasionally compare rates with other companies, and OFX have always been best. Transfers usually take about 24 hours.
Also they are listed on the Australian Stock Exchange, so you are dealing with a Public Company, not some private operation.

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You asked about banks in West Sydney - it really makes no difference where you are in Australia, the banks are all the same.  The days of choosing a bank based on the fact there was a good bank manager in a particular branch - they're over!    

I like ING bank but they are only online (there's one branch in the city).  You could also look at some of the other small banks or credit unions. They generally have better rates than the big 4.

Definitely don't use any of the banks to transfer money, their rates are always dreadful.   I've used Moneycorp and found them good.  

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Guest The Pom Queen
On 28/01/2018 at 15:51, KZ1 said:

Moneycorp are a company.
I used to use them, but changed to OFX as they had better rates.

I don’t know if I should be saying this but Moneycorp, I’m sure, will match any rates. It’s worth asking

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Guest John from Moneycorp

Happy to match/beat any offer you are getting. 

Feel free to get in touch with me directly - john.kinghorn@moneycorp.com

Thanks

John 

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