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Finally convinced [livejournal.com profile] redcountess that thrashing herself to exhaustion working thirty hours a week at T*l*t*ch is actually a BAD idea with all the shit she has to get organised, and that her enormous Australian wage is actually about 2p. (Well, £450 a month after tax. That is, a quarter of my wage after tax.)

So, I'm yet again after good ways to get money to Australia that aren't MoneyGrams. Specifics if possible - things you've actually done, what it cost and whether the exchange rate was ruinous.

Update: Yeah, banks, including mine, apparently do just the thing I need. Will enquire forthwith.

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Date: 2003-02-01 04:22 am (UTC)
From: [identity profile] damned-colonial.livejournal.com
I've been transferring (too much) money home to dad since I moved here. I started off just going to the bank and doing an international wire transfer. Had to give them all the bank account details etc, and it took a few days to show up there. The fees were *nasty* though. I thought I just had to put up with it.

But then I went to talk to their special service person about saving for a house and eventually getting a mortgage and stuff, and suddenly she was all over me like a rash, and she said "is there anything else I can help you with" and I told her I wanted to set that international wire transfer up as a regular recurring payment so I didn't have to come into the bank branch, and was there any way to reduce the fees? Well, she managed to set it up to recur (something I had been told by the lesser flunkies was impossible), and then she told me I could get some kind of "gold service" account where if I paid $25/year then there'd be no extra fees, which ended up saving me $25 per MONTH.

The exchange rate is standard bank exchange rate, and I still pay some kind of fee on it that isn't my bank's fee but some other kind of fee, but it's about $10 (5 quid) a hit instead of 30-something, which on a $600 transfer (which is what I send each month) isn't that big a deal.

K.

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