Transferring money with Moneycorp. fees

[lsbc1976 162]

so im assuming Moneycorp dont do this for the goodness of there health so where do i lose money/ where do they make money.

If im transferring £20000 at a 1.60 rate will all that still be mine or do i lose it to money corp or the bank, im with westpac

[Elliott-Family 835]

Moneycorp charge £15 per transfer but if you tell them you are with poms in oz i'm pretty sure you get it for free which is pretty good

 

claire x

[Parley 7,790]

Obviously there is an inbuilt profit margin in the exchange rates advised by the banks and moneycorp.

Best to shop around and compare the rates and fees on offer.