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Help Transferring Australian Dollars into Pounds Sterling
Mrmanhampshire
Posts: 2 Newbie
Hello,
This is my first post so I hope it is in the correct place!
I recently came into some money from a relative in Australia.
They left me 100,000 Australian Dollars which is sitting in my Australian bank account.
I am not domocilised in the UK so I need not pay inheritance tax.
I have been living in the UK for 10 years and would like to transfer this money into my UK bank account-
How should I go about doing this to get the best conversion rate and avoid fees?
Many thanks
This is my first post so I hope it is in the correct place!
I recently came into some money from a relative in Australia.
They left me 100,000 Australian Dollars which is sitting in my Australian bank account.
I am not domocilised in the UK so I need not pay inheritance tax.
I have been living in the UK for 10 years and would like to transfer this money into my UK bank account-
How should I go about doing this to get the best conversion rate and avoid fees?
Many thanks
0
Comments
-
There are lots of online currency transfer companies you can use. Sometimes the banks work out cheaper, sometimes the online companies are cheaper. A lot depends on the amount you are transferring and the rates on offer that day.
Here is one but there are many others.
http://www.currencyonline.com/"The problem with Internet quotes is that you can't always depend on their accuracy" - Abraham Lincoln, 18640 -
0
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