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Im confused....banking and direct debits?!?!?

Travel Forums Australia / New Zealand & The Pacific Im confused....banking and direct debits?!?!?

1. Posted by mully24 (Budding Member 5 posts) 9y

mully24 has indicated that this thread is about Australia

Hey
Im leaving for Oz in June , but am quite worried as i have a large direct debit that comes out of my uk account every month. Does anyone know how to go about transferring money from an oz account to my uk account and is it possible to set up an direct debit between the 2 accounts just in case i am not in reach of a bank. I am going to be banking with ANZ bank, what are the charges ? Can anyone help me with this, its worrying me:( Unfortunatley i dont have enough dosh to keep in my uk account for the year to cover the cost and i have tried emailing the banks with no response as of yet!!!
Cheers for your help:)

2. Posted by bex76 (Moderator 3713 posts) 9y

My boyfriend uses a company called tranzfers (tranzfers.com) to transfer money from his UK account to his NZ one, and they can do it the other way too. it costs him £7.00 per transaction which is pretty good. when i was in NZ i sent some money back to my uk account via my NZ bank and it cost me $25, so this tranzfers company sounds like a good deal.

3. Posted by stevieh (Respected Member 611 posts) 9y

I'd start by asking the bank you're already with.
Plus, in case of emergency, link your current bank account to a paypal account. That way you can always send yourself some money (from any other account to your paypal account) and withdraw it into your exisiting account. There will be a charge though, so it depends how urgent it is or how much is involved.
Surely you can do this sort of thing electronically with no charge though? I do it all the time - with several UK-based accounts.