Guest JonSpeedy Posted August 7, 2009 Share Posted August 7, 2009 Emigrating? Purchasing property abroad? Sending money home? PomsInOz.com have proudly partnered with Currency Online to bring you a truly 24 hour money transfer service that offers exceptional rates and great service. Currency Online is a member of the HiFX group of companies and offers a leading edge 24 hour money transfer service both online and over the phone. Specialising in online money transfers, every client has the ability to manage all their currency needs via the Currency Online 24 hour website. Also, their office is open 24 hours a day, so day or night, a specialist Customer Relationship Manager is only a phone call away to provide any assistance you may need. Click here to view a brief web movie on the Currency Online money transfer process. Currency Online clients receive; ·Better rates than your bank can offer ·No commission, low fees ·24 hour money transfer service, both online and over the phone ·Toll free help desk if you need assistance ·Full online account and transaction history ·Immediate transfers, or lock in today's rate for future payment. Whatever your needs, let the money transfer specialists at Currency Online make your transfers simple, cost effective and stress free. Click here to sign up for your money transfer account. Currency Online – Moving Money Made Easy Link to comment Share on other sites More sharing options...
Guest Andy & Rach Posted August 7, 2009 Share Posted August 7, 2009 Hi Currency Online... It's encouraging to see that you are part of HiFX, I used them to transfer my money to Oz last year and was very happy with the rate and service. I've been keeping a close eye on your currency converter on the home page and while I'm sure anyone looking to buy GBP at the moment is very happy with the current exchange rates I unfortunately still have funds in the UK and for me the exchange rate at the moment is not looking too good. Anyway, I've been comparing your rates with other FX brokers and you seem to offer the best rates so my question is do you offer market orders? It would save me the stress of checking the exchange rate each day...!!!! Many thanks, Andy & Rach Link to comment Share on other sites More sharing options...
Guest JonSpeedy Posted August 7, 2009 Share Posted August 7, 2009 Thanks for your inquiry Andy & Rach. If you're not happy with the currency exchange rate on selling GBP buying AUD , that's no problem. You can place a Market Order to target a rate that you would like to achieve and we’ll monitor it for you. Your order will be live 24 hours and will automatically be executed if the market reaches the agreed rate. You would then be required to deliver the sold funds to complete the contract. Market orders are always live until cancelled by you. Hope that has been of help guys Regards, Currency Online Link to comment Share on other sites More sharing options...
Guest Fulwood Posted August 9, 2009 Share Posted August 9, 2009 Sorry to sound dumb but can you explain a 'market order' is a few words of one syllable?!?! I have just logged on intending to start a thread about who to use to shift my cash as I move out to Oz next month. It is a mind field and one I feel slightly lost in right now! Link to comment Share on other sites More sharing options...
Guest JonSpeedy Posted August 9, 2009 Share Posted August 9, 2009 No problem! Let's say for example that you are wanting to convert your GBP into AUD and you have a two week window in which you need to transfer your funds. The current transfer rate might be say, 1.9800. As you have some time up your sleeve, you might want to try and hold out for a better rate, in the hope that the GBP will strengthen against the AUD and you will therefore get more Aussie dollars at the other end. Rather than sitting there all day watching the exchange rate move about, you can set a Market Order with your currency provider to take advantage of any positive gains in the rate. You could set a rate of say, 2.0600 with your currency provider. This means that if the rate hits 2.0600, the transaction will automatically be executed. The main benefit of a market order is that you can set a rate and your currency provider will watch the markets for you - taking the stress and hassle out of your money transfers. There is of course no guarantee that your desired rate will be achieved, but at least it gives you the opportunity to take advantage of rate movements that go in your favour. Hope that helps. Currency Online Link to comment Share on other sites More sharing options...
Guest Fulwood Posted August 10, 2009 Share Posted August 10, 2009 Thanks for that - I'll be having a chat with Mrs Fulwood this evening and get some thoughts together on this. Link to comment Share on other sites More sharing options...
MandC Posted August 10, 2009 Share Posted August 10, 2009 Hi I've looked on your website and am interested in exchanging funds from my UK account to my Oz account. I can't seem to find where to register for an account. I've followed your link above but the questions asked are for business accounts. I just want to transfer a one off lump sum, don't have an annual turnover. Are your services just for business customers? Apologies if I sound thick, some help would be appreciated. Link to comment Share on other sites More sharing options...
Guest JonSpeedy Posted August 10, 2009 Share Posted August 10, 2009 Hi there, Opening an account is simple and straightforward and we cater to both individuals and businesses. Click here and this will link you through to the registration page. Select 'Individual' as the account you wish to open. When it asks you for your Expected Annual Turnover, put in the amount you wish to transfer. This is more for our records to determine what level of service you may require. Once you've completed the online application (it takes less than 5 minutes) and supplied the relevant ID, we can have you up and running within 24 hours. Let me know if this helps. Currency Online Link to comment Share on other sites More sharing options...
Guest Andy & Rach Posted August 13, 2009 Share Posted August 13, 2009 Hi We are now registered with Currency Online. Was very easy to do, we just filled in a short online form and emailed a copy of our passport and utility bill. We now have access to their live rates which seem very competitive. One thing we have noticed is that some brokers are charging a TT fee while others are not, don't be fooled into thinking that the ones not charging a fee are the cheapest as we have found it all boils down to the exchange rate on offer as this will make more of a difference to the overall cost. Hope this post has been helpful Andy & Rach Link to comment Share on other sites More sharing options...
Guest Andy & Rach Posted August 14, 2009 Share Posted August 14, 2009 Hi Any idea why the exchange rate seems to be falling each day? We've been looking at a chart of the last 10 years and the rate has never been this low. We're not sure what to do, Andy thinks we should wait for it to go back up as we're in no rush to have the money in Oz but I'm worried that it might keep falling and we will miss the boat. If anyone can put my mind at ease that would be great. (A very worried) Rachel... Link to comment Share on other sites More sharing options...
Guest guest30038 Posted August 14, 2009 Share Posted August 14, 2009 Hi Any idea why the exchange rate seems to be falling each day? We've been looking at a chart of the last 10 years and the rate has never been this low. We're not sure what to do, Andy thinks we should wait for it to go back up as we're in no rush to have the money in Oz but I'm worried that it might keep falling and we will miss the boat. If anyone can put my mind at ease that would be great. (A very worried) Rachel... Hi Rachel, see what I've posted here: http://www.pomsinoz.com/forum/money-finance/66849-why-has-gbp-aud-rate-fallen-so-much.html kev Link to comment Share on other sites More sharing options...
Guest Andy & Rach Posted August 14, 2009 Share Posted August 14, 2009 Thanks Kev Link to comment Share on other sites More sharing options...
Guest JonSpeedy Posted August 16, 2009 Share Posted August 16, 2009 Hi Rachel, Check out my recent post on the GBP/AUD cross to hopefully go some way to explaining the weakening Pound. Kind regards, Jon Speedy Currency Online Link to comment Share on other sites More sharing options...
Guest PhilBen Posted August 17, 2009 Share Posted August 17, 2009 Hi Any idea why the exchange rate seems to be falling each day? We've been looking at a chart of the last 10 years and the rate has never been this low. We're not sure what to do, Andy thinks we should wait for it to go back up as we're in no rush to have the money in Oz but I'm worried that it might keep falling and we will miss the boat. If anyone can put my mind at ease that would be great. (A very worried) Rachel... The rates might still continue to fall for a while, but depending on your time scale and the amount you want to transfer depends on when you should move your funds. Register with 2-3 brokers that way you should get a better rate, and also you can pick the company that gives the best service,advice and rates. Also at the time of your transfer always know what the live rates are, not delayed or approx. you can get live rates and charts from Foreign Exchange Explained Rates,Charts and Data Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.