By: dgbrown_98 13/08/2009 11:02 am Yahoo! Profile: dgbrown_98 Did this message offend you? Sign in to report abuse |
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You can compare the best currency exchange rates from the Australian banks all in one place at http://bestexchangerates.com.au
There's also some handy tips on how to get the best rates, hope this helps! |
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By: ecchi.gaijin 2/12/2008 4:56 pm Yahoo! Profile: ecchi.gaijin Did this message offend you? Sign in to report abuse |
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| Not sure what amounts of money you are taking out of an ATM, but isn't $500 usually a per transaction max? $10 on $500 would equate to a 2 cent variance on the exchange rate, which doesn't sound very cheap to me. |
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By: flamebaiter 2/12/2008 3:26 pm Yahoo! Profile: flamebaiter Did this message offend you? Sign in to report abuse |
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| That is the method I always use. I pay a fee for a none bank ATM and no exchange rate discount in the banks favour. The ATM fee is about $10 for an overseas ATM. It is way out in front of trying to send money and/or changing money. |
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By: en_bt 28/11/2008 5:00 pm Yahoo! Profile: en_bt Did this message offend you? Sign in to report abuse |
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| Citibank, Wacovia etc......Tut...Tut. |
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By: en_bt 28/11/2008 4:59 pm Yahoo! Profile: en_bt Did this message offend you? Sign in to report abuse |
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"msbroadf" - why did you decide to change AUD when it was in its worse freefall - a month or three earlier would have been more opportune. Luckily you're still in front though due to the $Oz tanking it even more !
And why use a bank to give you a "rip-off" rate on such a large transaction ? |
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By: racqu22 7/11/2007 1:08 pm Yahoo! Profile: racqu22 Did this message offend you? Sign in to report abuse |
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That seems like a great idea, I'll have to look into it, thanks! maybe they were welcoming to you because of your large deposit sum..? I wonder if they would open an account for a say $1000.
Can you recommend any American banks? and do you know if there are any set up fees etc. many thanks |
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By: bomberbernie36 17/10/2007 7:06 am Yahoo! Profile: bomberbernie36 Did this message offend you? Sign in to report abuse |
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| i am also wanting to know where to get the best exchange rate i am going to hawaii this weekend and i need to change currency |
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By: blondmill 22/07/2006 11:51 am |
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By: lionheart392001 14/07/2006 11:08 am Yahoo! Profile: lionheart392001 Did this message offend you? Sign in to report abuse |
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| You are so right. The banks have a Converter on their websites but try to get the exchange rate they advertise within 15 minutes of you arriving there.I am aware that the rates fluctuate but not as much as I found out & they do not allow you to print the information. |
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By: robertchow22 26/06/2006 9:35 pm Yahoo! Profile: robertchow22 Did this message offend you? Sign in to report abuse |
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| The bank charge you a fee to do your business and clobber you with their exchage rate at the same time. I you bought a bank draft and try to get your money back because of changing circumstances they'll take you to the dry cleaner. |
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By: world_wide_talk 14/12/2005 10:09 am |
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By: googl45678 25/08/2005 12:27 pm |
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By: googl45678 25/08/2005 12:25 pm |
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By: aztrix 21/08/2005 9:58 pm Yahoo! Profile: aztrix Did this message offend you? Sign in to report abuse |
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Howzit Folks?
I've found that the banks screw you big time. I transfer money all over the world and use xe.com which consistemtly outperforms the banks. Even if you don't use them it is worthwhile comparing with your bank rate.
Cheers
Aztrix |
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By: hgrossmith 16/08/2005 1:05 am Yahoo! Profile: hgrossmith Did this message offend you? Sign in to report abuse |
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| Just a thought can you not put the lot on your credit card? |
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By: msbroadf 1/08/2005 9:47 am Yahoo! Profile: msbroadf Did this message offend you? Sign in to report abuse |
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| I have transferred large amounts of $A to US$ (>$A150k) recently to purchase property in the US. You need to open a US bank account using your passport. Get the US banks routing (ABA) number (usually 9 digit number). Then walk into your aussie bank, and give them the routing number of the US bank, and the amount to be transferred. They will give you the rate and make the transfer. I highly recommend using direct bank-bank transfers rather than using a third party as you will get the best rate. |
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By: ynn_jsh 19/07/2005 5:05 am |
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By: waynejoann_berge 19/07/2005 1:25 am Yahoo! Profile: waynejoann_berge Did this message offend you? Sign in to report abuse |
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| I WOULD LIKE TO NO HOW I AM ALL EAR'S |
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By: goosmurf 30/05/2005 9:20 pm Yahoo! Profile: goosmurf Did this message offend you? Sign in to report abuse |
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Interbank transfer?? These usually happen much closer to the spot rate.
I'm assuming you don't intend to carry a hundred Gs out in cash :) |
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By: adrianjonbrown 30/05/2005 3:28 pm Yahoo! Profile: adrianjonbrown Did this message offend you? Sign in to report abuse |
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| I've been thinking about changing AUS dollars into US dollars - when you get over the hundred thousand dollar range, surely you don't use people like Travelex? What is the cheapest way to exchange lots of Australian money to foreign currency? |
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