Top Tips For Transferring Money To Or From Australia

moving to australia money transfer
How to open up an Australian bank account

Whether you’re thinking of moving to Australia or you’ve already made the leap and are enjoying your new life Down Under, you might need to make payments to or from your adopted home.

Using the most efficient and cost-effective foreign exchange provider could save you hundreds or even thousands of pounds. Banks can be expensive as they don’t typically offer the most competitive exchange rates or a personal service. Thankfully, there is an alternative. By using a currency specialist such as moneycorp you could benefit from:

Competitive exchange rates

When using a foreign exchange specialist company like moneycorp, you can benefit from exchange rates that are typically 3-4% better than you might receive from your high street bank. That percentage can make a huge difference when sending large sums of money across the world to start your new life Down Under.

Low transfer fees

When using a specialist, rather than your bank, you could also save money on the transfer fees. Banks can often charge up to £20-£40 every time you move money abroad. With moneycorp, the transfer fees start are as low as £5.

Personal service

Every moneycorp client is allocated a personal account manager. Based at moneycorp’s London office, they can guide you through the transfer process and help protect your transfer from negative exchange rate fluctuations.

Online

Don’t be limited to making payments in UK office hours with a bank. moneycorp’s online service enables you to buy or sell currency and make transfers 24/7, so you can manage your international payments at your convenience – at any time and from anywhere in the world.

Regular payment plan

If you already live in Australia and need to make recurring payments back to the UK – to your family or to cover a mortgage perhaps – you can use moneycorp’s Regular Payment Plan. They will collect your sterling by Direct Debit, convert it into foreign currency and automatically send it abroad as frequently as you wish – whether it’s weekly, monthly or at more irregular intervals.

Get started with moneycorp

The first step is to register for a free, no obligation moneycorp account – the process only takes a few minutes – click here to register online with moneycorp.

Once registered, you will have an Account Manager on hand to provide live quotes and they can talk through your money transfer requirements in detail.

To ask a question click here.

Moneycorp is regulated and authorised by the Financial Conduct Authority – they have been providing foreign exchange services for over 35 years.

Moneycorp is regulated and authorised by the Financial Conduct Authority – they have been providing foreign exchange services for over 35 years.