Skip Navigation

Getting my money to Australia

Travel Forums Australia / New Zealand & The Pacific Getting my money to Australia

1. Posted by jasonh2015 (Full Member 156 posts) 11y Star this if you like it!

I was wondering how people got there money to Australia, i mean if i got £ travellers cheques, everywhere ive seen charges about 1.5%, but i was wondering if ANZ or other banks would charge if i paid in Australian dollars in travellers cheques in to an Australian account, would i be charged? I've just been refunded bank charges for the last 6 years, i hate charges!!!

These little things sent to test us

Or if anyone knows another way to get my money to Aus, ive ruled out direct bank transfer, as yup...they charge ha ha! I'm not tight....!

[ Edit: Edited on Jul 25, 2007, at 1:39 PM by jasonh2015 ]

2. Posted by Nicip (Full Member 112 posts) 11y Star this if you like it!

I know this is no answer to ure question, was just wondering which bank u were with that u got ure bank charges back.................just that im having struggle getting mine back with LLoyds

I just kept my money in my english account when i was in OZ and just used my debit card over there.

3. Posted by jasonh2015 (Full Member 156 posts) 11y Star this if you like it!

ive sent you a message :)

4. Posted by ToniL (Budding Member 52 posts) 11y Star this if you like it!

ANZ are a good bank and keen to provide customer service - Ive used them for years. I suggest that you Google their web site and send an e mail. I know that they issue American Express TC's so if you are bringing TC's those may be the ones to carry.

You should let the bank know how much will be involved, the type of TC's and roughly how long you plan to be in Oz.

So, go straight to the source.

5. Posted by ozeire (Budding Member 41 posts) 11y Star this if you like it!

Hey Jasonh

Not sure but maybe Westeren Unuion might be an idea.

They seem to have a good rate .

Or if you know of anyone with a bankaccountg in Oz i used paypal from Ireland to transfer money they done a great rate

Hope some of this helps

OzÉire :)

6. Posted by bex76 (Moderator 3916 posts) 11y Star this if you like it!

this company seem good - myself and my boyfriend both used them several times. not sure how their rates compare with other companies though.

7. Posted by jasonh2015 (Full Member 156 posts) 11y Star this if you like it!

Hi thanks for the info, but i think ill just take £ travellers cheques, i'm not one to give 1000's of pound to one company....i think i have trust issues, ha ha.

8. Posted by aharrold45 (Travel Guru 1281 posts) 11y Star this if you like it!

I believe that if you bring travellers cheques of any sort whether it be in AUD or GBP you will attract commissions and fees no matter which bank or exchange place in Australia you use. If they don't openly charge it for the GBP Travellers Cheques, they will hide it by ripping you off with an exchange rate. Australia is known to have extremely high bank charges infact from what I have heard they have got amongst the highest in the world if not the highest. For any Australian card holder to withdraw overseas it costs a minimum of $5.00AUD per withdrawal and in some cases considerably more. So I highly doubt you will get to deposit in any bank in Australia without attracting a huge amount of fees.

9. Posted by Sander (Moderator 5236 posts) 11y Star this if you like it!

Direct bank transfer - despite having extra charges - does usually turn out to be the cheapest option. Just make certain you know the IBAN (do they do that in Australia? I forget...) or SWIFT number of your Australian bank account, as that reduces the extra fees to something like 0.5%.