Ian from SendPayments.com 2 Posted February 24, 2022 The past 24 hours have seen the Australian Dollar strengthen against the Pound to reach the high of 2022 so far, so if you are considering transferring any funds back to the UK now could be a good time for you. A combination of the Royal Bank of Australia hinting at potential interest rate hikes and the escalating tensions in the Ukraine are two of the major causes for the AUD gaining momentum. Poms in Oz have partnered with multi-award winning Australian based (but founded by two Poms), Send Payments to provide our members with a cost-effective method to transfer funds securely from Australia to the UK. Receive a free exchange rate quote Share this post Link to post Share on other sites
Andrew from Vista Financial 628 Posted February 25, 2022 Thanks for the article Ian and welcome aboard. Andy Financial Adviser (FPA Member AFP ®) / Tax (Financial) Adviser (TPB) SMSF Specialist Advisor™ (SSA™) / UK SIPP Authorised Adviser Specialising in UK Expat Retirement Planning Advice and Pension Transfers Director - Vista Financial Services – www.vistafs.com.au / 08 8381 7177 AR-322874 /AFSL-234951 Please note that my advice on this forum is general advice only and professional financial advice should be sought for your own personal situation. Share this post Link to post Share on other sites
Ian from SendPayments.com 2 Posted February 25, 2022 Thanks very much Andrew, appreciate the welcome. Share this post Link to post Share on other sites
DrDougster 223 Posted March 3, 2022 Certainly didn’t want the Aus dollar to strengthen for this reason but it’s surely gonna keep going. Share this post Link to post Share on other sites
Ian from SendPayments.com 2 Posted March 10, 2022 Sure seems to be that way, this week we have seen the best time in over 12 months to transfer funds home to the UK from Australia Share this post Link to post Share on other sites
Ausvisitor 752 Posted March 10, 2022 6 hours ago, Ian from SendPayments.com said: Sure seems to be that way, this week we have seen the best time in over 12 months to transfer funds home to the UK from Australia Just at the time I'd like to do the other. I could have predicted this exchange rate movement based on the only guaranteed constant in life - "sod's law"... Oh well, have to wait before buying the house... 1 Share this post Link to post Share on other sites
Jack Peter 0 Posted October 29, 2022 Yes, this awesome time to transfer money because of increasing inflation. Hurry up guys. https://acmecredit.co.uk Share this post Link to post Share on other sites