I reckon now could be a good time to transfer money to Australia. I have had some British Pounds that I have been waiting to transfer down here for quite some time. According to today’s news (1st December 2014), the Aussie Dollar has hit the lowest point since June 2010. It may go lower again but I’m happy to start the process of transferring money from the UK to Australia. How do I transfer money? I use online money transfer companies that can transfer money internationally and also convert the currency.
How to Send Money Online
I use all of the companies listed on this web site. More will be added in time. I have found that I can send money to Australia, my new home, from Ireland and the UK cheaper and faster that the big banks. On this occasion I’ll be using CurrencyFair as I have compared their current prices today and CurrencyFair seem to be offering the best deal today. Have a look at my review of CurrencyFair and also check out my CurrencyFair Coupon. With this coupon you’ll get your first transaction free. Their rates do vary slightly and they sometimes depend on how much money you are sending abroad. Check out my quick comparison table or have a look at the quick currency calculator below to see how much you could save compared to the big banks!
What’s right for you?
When it comes to transfer money to Australia or any other country for that matter, you must make sure you find the company that’s right for you. All the companies reviewed here are regulated by their local Financial Authority or Central Bank. If you are not comfortable, call your local country financial authority to learn more.
I choose based on the following criteria:
- Customer service
You will find that most of the services have a similar price and speed. Some offer priority services on the occasion that speed is more important than price. Some, like CurrencyFair, offer a peer to peer market that you can get a better price for your money but this may take longer.
Add a comment below and let me know if this post helped you!