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Transfering money to Oz.

I need to transfer some money, about £4000 to my son's Australian account. What's the best (IE cheapest ) way to do this?

Comments

  • ames100
    ames100 Posts: 215 Forumite
    cant you just do a transfer to his account via the internet? thats what i did when i was in oz- unless he has an ozzy account?
    keep calm and carry on :rotfl:

    may toiletries IN- 7 UU- 13



  • ames100
    ames100 Posts: 215 Forumite
    oops just seen he has an oz account- im sure someone will be along to ans soon!
    keep calm and carry on :rotfl:

    may toiletries IN- 7 UU- 13



  • olias
    olias Posts: 3,588 Forumite
    Hi, just open an account with one of the big currency companys like www.ozforex.com and put your sons account details as beneficiary. You then just transfer the money to ozforex and they transfer it in dollars to your sons Oz account. They will also offer a much better rate than any high street bank.

    They are really helpful (I recently lived in Oz for a while and transferred some very large amounts (and some small ones) back and forward and they were great every time)

    Olias
  • Thanks Olias, I'll look into that.
  • Have a look here if it’ll help any.
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