AndrewW

Hi,

We've come to the end of our 18 month stint in the UK, and have a considerable chunk of cash (> 10K) to send back to Australia.

Can anyone suggest the best way to transfer these funds back without losing out on the exchange rate ?

With the **** falling out of the rate at the moment (down to A$2.73 to the pound from a high of A$3 to the pound three months ago) I want to try and reduce our losses.

The last time I used my bank to do the transfer, the exchange rate on www.xe.com was 2.85, but the money was transfered at 2.75. Nice little profit for the bank there, on top of the 30 quid transer fee [img]images/smilies/mad.gif[/img]

Thanks in advance for any advice.

Andrew.

Robertio

iTrader: (1)

Andrew, might be worth trying www.currencies4less.com I used them for buying the money ahead when purchasing my scooby from Holland a couple of years ago, and they seemed to be good.

AndrewW

thanks robertio.

Their rates look pretty good, did you find that the rates on the website reflected well against the actual rates they offered when it came time to do the deal ?

Thanks,

Andrew.

Robertio

iTrader: (1)

I bought mine about 6 months in advance, it knocked a little off the exchange rate, but not much. I was just happy to know exactly how much I'd be paying for my car, rather than just crossing my fingers and checking the exchange rates each day.

When I used them they were just sorting out the website side of things, so don't know how that compares I'm afraid, but if you just phone up they are very helpful, and will advise as to whether you should buy now or later, etc.

AndrewW

Anyone got any other suggestions ?

Thanks in advance,

Andrew.