How can I transfer money urgently online to an Aussie bank account?

LilyThePink

Hi

I hope someone can help. My stepdaughter urgently needs some money but she lives in Australia. Normally I send her cash in the post for gifts (very risky indeed but never gone missing yet) but I know there must be a way to transfer it from my bank to hers, but what is the quickest and most economical way, would I be better using a broker and does that get put into an account at the other end? I haven't done this before so could use some advice. I will probably be sending about £100?

I need to do this tonight so she can access it tomorrow, so I really hope someone knows!!:o

Thanks in anticipation....

Donnie

Western Union. It will cost you, but she can collect it from an appropriate location within ten minutes.

http://www.westernunion.co.uk/WUCOMWEB/countryHomeAction.do?method=load&countryCode=GB&languageCode=en

LilyThePink

Thank you Donnie, I have just looked through your link and found a local agent in her area! Thanks for this, if it all goes smoothly, this would give me peace of mind for future transfers!:beer:

Kindest Regards
Lily

littlereddevil

When I want to give my daughter abroad money I just transfer online from my bank account to hers.A simple process maybe not quick enough for you this time but handy for future

LilyThePink

Hi

Are you able to do this through online banking or do you use telephone banking? The reason I ask is that LLoyds wanted to charge me £20 for a International Money Mover that would happen within 1-3 days with telephone banking (I expect it would take 3 days, not that I'm cynical or anything....). I was awful and said to the advisor that I would want it hand delivered on a silver platter for that charge, considering Western Union were only charging about £12 - £15 for an instant transfer that she could pick up in 10 minutes from a local agent!

We may need to help her out in future so I would appreciate knowing how you go about it?

Thanks
Lily

Smidda

LLoyds are not capable of doing international tfrs online...

Why be nasty to the advisor - they were only telling u the cost and timescales, they didnt set it themselves - if i were them i would have 'politely' and in no uncertain terms told you to use the scammers paradise.

Donnie

In any case, I don't think the information you receive was correct.

I think it would take closer to five days; http://www.lloydstsb.com/travel/international_payment_services.asp

Best way, if it is a regular occurance, is to open a Nationwide Flexaccount and then send her the cash card. Top it up when you are ready. No charges incurred.

littlereddevil

I use Bank of Scotland (Halifax) no charge for transferring to my daughter's HSBC account online and she gets the money from her bank around 3 days later..I know this is not suitable for an emergency but If you know in advance.

PBA

Donnie wrote: »

In any case, I don't think the information you receive was correct.

I think it would take closer to five days; http://www.lloydstsb.com/travel/international_payment_services.asp

But in that link it says 2-3 days.

The fastest and cheapest way of getting money to her would be if she had a cash card for a UK bank/savings account. You pay cash in at a branch and she can withdraw it from an ATM within a couple minutes for a fee of a pound or two. It's probably worth setting this up next time she's in the UK.

If she doesn't have a UK bank account, then Western Union is best for small amounts, or bank transfer if it's more than a couple hundred pounds.

Sam_Bee

Banks tend to offer for instant(ish) payments (although in different terminology)

CHAPS payments - 1-2 days (up to £30)
BACS payments - 4-5 days (£15)

Either way, they are a rip-off. My bank (Lloyds) fails to cover itself in glory for any of the above services.

All the information above is correct -

Urgent payment - Western Union
Possible future payments - Set up an 'emergency fund', separate Nationwide account, or even an 'emergency' credit card, it's all in the above. Backpackers / gap year students don't tend to make this type of emergency preparation, so often parents should..!

Donnie

littlereddevil wrote: »

I use Bank of Scotland (Halifax) no charge for transferring to my daughter's HSBC account online and she gets the money from her bank around 3 days later..I know this is not suitable for an emergency but If you know in advance.

This is for UK accounts. isn't it?