As Christmas approaches we all start thinking about family back home, and this late in December you’ll be pretty lucky to get a package back to Aussie ahead of Saint Nick.
It might be too late for a care package, but you can always send money home and get a family member to do your Christmas shopping for you, or just send them money, ‘cause everybody likes getting money…
Where do I go?
You might think the obvious choice is your local bank. You’ve got an account with them and they’ve helped you out with money issues before.
But what you probably don’t know is that while the banks might seem convenient, they also make you pay for the privilege. Your local bank is an expensive way to send money anywhere. You might as well change your money at the airport and airmail it home in a lead box. And it’s slow: it could take up to 10 days for your funds to clear at the other end.
Use a specialised money transfer service which has experience in sending money to Australia. They are just as safe (as long as they are registered with HM Customs & Excise in the UK and with the ASIC in Australia) and so much faster. A good money transfer service will be able to get your money home in three working days. And the best part? You deal with experts who know all the ins and outs of international money transfers, and give you the correct answers to your questions right away. No more dealing with clueless tellers at your local bank!
When you send money home, you want as much of your hard-earned cash to arrive on the other side as possible.
Unlike the banks, a specialised money transfer service will offer you a guaranteed exchange rate. When you decide to lock in your trade, you will get the rate you see at that moment and there won’t be any dodgy receiving costs at the other end either.
They also buy and sell large amounts of currency every day and are able to get a huge price advantage. This means that they can get you great rates.
It’ll only cost £2
Sounds like a good deal, right? Well, it gets better. Until the end of the year, 1st Contact Forex is offering a £2 money transfer deal that’s by far the cheapest way to send money back home. But you’d better move fast. It’s only available if you’re sending cash back to Aussie and, as of right now, the Pound is stronger against the Aussie Dollar than it’s been in the last eight months.
If you need some one-on-one assistance, our expert forex advisers can talk you through every step of the process or help you make your transfer by phone. For more info, give us a call on our free UK number – 0808 141 2335 – or visit 1st Contact Forex.