Kenneth Wragg Posted February 3, 2019 Share Posted February 3, 2019 Hello. would be grateful if anyone can advise. I am about to write to UK Pension Service to ask them to pay our State Pensions to Westpac, is there anything we should know, is it better to receive monthly or every 3 months, any helpadvice would be welcomed. KGW Quote Link to comment Share on other sites More sharing options...
Marisawright Posted February 3, 2019 Share Posted February 3, 2019 15 minutes ago, Kenneth Wragg said: Hello. would be grateful if anyone can advise. I am about to write to UK Pension Service to ask them to pay our State Pensions to Westpac, is there anything we should know, is it better to receive monthly or every 3 months, any helpadvice would be welcomed. KGW It’s entirely up to you. I have mine paid three monthly because it’s only a small part pension. Some people prefer to have it paid into their British bank account, and then they transfer using Moneycorp when they need it. That allows them to get the best exchange rate Quote Link to comment Share on other sites More sharing options...
SPRINTER Posted February 3, 2019 Share Posted February 3, 2019 Don't forget it is now frozen at the current rate, we have ours paid into a UK bank and draw it when we need it. Quote Link to comment Share on other sites More sharing options...
Alan Collett Posted February 4, 2019 Share Posted February 4, 2019 Talk to a specialist currency firm such as Moneycorp in an effort to optimise the AUDs you receive for your GBPs. Best regards. Quote Link to comment Share on other sites More sharing options...
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