Has anyone had experience transferring money out to Aus using banks or currency transfer companies.How easy or difficult was it ?.Any advice or tips gratfully recieved .

hi, would recommend HIFX, have to open an account with them but excellent service and free transfer per transaction, just study the rates, or prearrange your rate 10% deposit and hope that the exchange rates hit your preferred figure during your timescale. good luck, lee.

A word to the wise - the exchange rates that companies like HIFX quote are the Inter Bank Rates, not nescessarily the rate they'll exchange your wedge at. Next - sign up with a few and play one off against the other. You'll need to provide certified copies of passports etc and possible documentation (solicitor's letter etc) to show where your money has come from - all to prevent money laundering. Depending how much you're looking to exchange and what method ie forward purchase etc sit down and calculate how much you'll loose on interest payments on your deposit you'll stump up. Sounds mad but on a recent spot purchase the best rate I acheived was from Commonweath Bank of Australia - like I say, shop around. Good luck, JerryC