Guest lynneunderwood Posted July 10, 2008 Share Posted July 10, 2008 Hi We are moving to Sydney from Dublin ireland at the end August 08 cant wait but we are now looking around to find the best way to change our euros into dollas anybody out ther got any advice on the best way to do this cheers xxxxxxxx:goofy: Link to comment Share on other sites More sharing options...
Lynandsean Posted July 10, 2008 Share Posted July 10, 2008 We used a currency broker HiFX - many people on here have used them too, they don't charge any fees and their rates are generally better than any bank will offer www.hifx.co.uk Lyn Link to comment Share on other sites More sharing options...
Guest lynneunderwood Posted July 10, 2008 Share Posted July 10, 2008 Cheers Lyn Lynne Link to comment Share on other sites More sharing options...
Guest The Baggo's Posted July 11, 2008 Share Posted July 11, 2008 We opened an account with Commonwealth Bank in London who have a special section for people emigrating. They have very good rates and your funds are moved into your commonwealth bank account here. You don't pay charges on amounts over£30k I think - under that amount its £15. We were pleased we used them. Link to comment Share on other sites More sharing options...
Guest Sunsh1ne Posted July 11, 2008 Share Posted July 11, 2008 Hi - we used (and are still using) Moneycorp - similar to Hifx I think - received great advice and assistance. Link to comment Share on other sites More sharing options...
Guest coventryBillynowMelbourne Posted July 11, 2008 Share Posted July 11, 2008 wait and keep ur cash over there until exchange gets bck to normal Link to comment Share on other sites More sharing options...
Guest jchrisj Posted July 11, 2008 Share Posted July 11, 2008 wait and keep ur cash over there until exchange gets bck to normal What is classed as normal? Chris Link to comment Share on other sites More sharing options...
Guest Zagg Posted July 16, 2008 Share Posted July 16, 2008 Yeah, who's to say what's normal. I'm obviously not too happy that the exchange rate from £ to aus$ is much worse than it has been, but the way the market works there's no assurance that the £ will get stonger against the aus$ again. In fact it could go either way. Link to comment Share on other sites More sharing options...
Guest Peteski76 Posted July 16, 2008 Share Posted July 16, 2008 Hey, I used (and will continue to use) Ozforex (www.ozforex.com.au) who are very reasonable - transfers under £2,000 cost £7 but over that its all free. The rate is better than banks offer and the more you change at one time the better the rate gets. As for what is a normal exchange rate, I transferred some money over in Jan 07 and got 2.5134, the reduction is a real pain, but it would take more than my few grand to change the rates :dull:. Peter Link to comment Share on other sites More sharing options...
Guest Zagg Posted July 17, 2008 Share Posted July 17, 2008 Yeah, it's about 2.05 now. I do have a fair bit of money in my account (mostly inheritance money) and am not sure if I'll transfer it all. I'll have to see what the laws are about having a U.K. bank account whilst living abroad, or if I can invest it somewhere. Link to comment Share on other sites More sharing options...
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