anyone any good tips for getting the best foreign exchange rates? We are registered with HIFX who are offering 2 cents (from the displayed banks mid-rate) for transfers around £10,000 GBP
and 1 cent for around £100,000 GBP.

Anyone ever got better rates from HI-FX, just wondering how little from the banks mid rates they will go for large transfers...

isn't just your luck that your ready and know how much your going to transfer just as the rates for GBP to AUD are going down...just wish I had a crystal ball...

Anyone used any other transfer companies/methods?

Just for info, we were told that as the price of gold (and wheat?) were high and that Oz were high net exporters of these commodities, and because interest rates in UK were likely to go lower and the interest rates in Oz likely to go higher then these all work to make the AUD stronger against the GBP and likely to get stronger in the short term.

We will be looking to buy a house within a year, so can't hang onto GBP for too long...

thanks
David

There are a few more companies like moneycorp and ozforex.

ozforex can be done online. If it's less than 25K I think the deal is automatic, and over that, they call you to confirm the deal.

I think with ozforex, if you say that you expect to transfer over xxxx in total, then they will agree the ofset with you, and you will get that ofset even if you do it in small chunks.

Yeah, the rate could get worse as OZ has high interest rates, so big money people borrow of Japan at 0.5%, and invest in Oz at 6.5% etc, and it has a stable econ etc.