hedgehog Posted January 14, 2007 Share Posted January 14, 2007 I was thinking of using hifx as they can fix the echange rate if you pay a 10% deposit,( good if rate goes down bad if it goes up). Have any of you used this service or any other hifx do? The exchange rates gone up a little lately thta why i was thinking of fixing it. Do you know of anyone that can try to forcast exchange rate trends? Link to comment Share on other sites More sharing options...
Guest nev_n_angie Posted January 14, 2007 Share Posted January 14, 2007 Hi We use HIFX now - we've transferred into Commonwealth Bank. In our experience, it is much better to do it this way as you can order the rate that you want it to be transferred. Example - we ordered at 2.48 and had an email from them a few days later to give the go ahead and to complete forms etc. We have used the service a couple of times and will continue to do so as it can go up to 2.51 - and down to 2.41 in a matter of a few clicks - if you're dealing with £1000's then it can make a massive difference at the other end Angie Link to comment Share on other sites More sharing options...
Guest Tim Posted January 14, 2007 Share Posted January 14, 2007 You could find out more by visiting this page... http://www.pomsinoz.com/currency-exchange.php shameless plug but it does help keep this site going! Link to comment Share on other sites More sharing options...
Bod Posted January 15, 2007 Share Posted January 15, 2007 Hello Hedghog We are looking into it right now. I'm every bit not an expert. Hifx seem good and I have been recommended to them on a few occasions. But the Commonwealth bank seem to giving a better rate and appear to do the same service. They will if asked monitor the exchange rate and buy at a rate you want depending that it gets to that amount. I don't know all pros & cons but I'm thnking of banking with the Commonwealth bank when in Aus so if thier rate is a good one all my banking and exchanging money will be done under the same roof. abviously do more research and if I'm wrong let me know before I hand over my Dosh. Good Luck John Link to comment Share on other sites More sharing options...
Guest Pasty Posted January 16, 2007 Share Posted January 16, 2007 Hi We used them, quick, friendly and very efficient. Would recommend them. Jackie Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.