Given there is lots of rich kids on here I need to send some money to the UK, The Banks are a rip off who what and how have people managed this?
I used Transfer Wise to do a bank payment to Germany. Very reasonable fee & they do not pork you on exchange rate. Worth a look. Sent from my Samsung Note 8 using FerrariChat.com mobile app
Nab charges $35 at the branch or you can do it online for $22, just make sure you have every detail correct when doing it yourself
Hi Graeme 2 issues here - 1. The exchange rate you get 2. The charges incurred On 1. you need to look at what rate you are offered - typically a couple of cents less that the headline rate. If you can do a deal with a forex trader, that should reduce to 0.5 cents On 2. Banks typically charge $20-$40. Forex traders typically don't. Obviously it depends on how much you are sending as to whether it is worth exploring the market I use Firma - https://firmafx.com.au/
I can send you a million Quid.... I just need your Passport number , Bank Account number , Drivers license Number , and I’ll throw in a free F40 exhaust system....