My business needs to transfer a large slab of $AU to $USD - has anyone
looked into the way to do this and get the best exchange rate? I have
heard it's best to do the conversion in Australia...
[mailto:silicon-beach-australia@googlegroups.com] On Behalf Of
PHIL.MONTGOM...@MAJURA.COM
Sent: Thursday, 5 November 2009 3:07 AM
To: Silicon Beach Australia
Subject: [SiliconBeach] Best way to transfer $AU to $USD
Hi all
My business needs to transfer a large slab of $AU to $USD - has anyone
looked into the way to do this and get the best exchange rate? I have
heard it's best to do the conversion in Australia...
There are no fees - and you get to see a live quote before you commit.
Super easy to use.
Once you've committed you transfer the funds to an Australian bank
account, and they transfer it to the nominated account. There is a
minimum however of about $3,200 AUD per transaction.
We've used it a few times to send AUD -> USD to China and it has
worked really well.
> My business needs to transfer a large slab of $AU to $USD - has anyone
> looked into the way to do this and get the best exchange rate? I have
> heard it's best to do the conversion in Australia...
We use AFEX to repatriate invoice payments in foreign currencies from
customers around the world back to our Australian bank account. They
offer good exchange rates and low fees ($10 per trade).
I assume they offer a service to do what you need to do.
> My business needs to transfer a large slab of $AU to $USD - has anyone
> looked into the way to do this and get the best exchange rate? I have
> heard it's best to do the conversion in Australia...
Here are two Australian companies that I have experience using.
We have used http://www.ozforex.com.au/ for bringing our personal
money out of the US (but they can work the other way too). Great
rates, great service (much more professional than the crappy web site
would suggest)
My company also uses http://axisodl.com.au/. Also a cheesy wesite,
but great rates and excellent customer service. Ask to talk to Ben
(either one) or Ed.
> My business needs to transfer a large slab of $AU to $USD - has anyone
> looked into the way to do this and get the best exchange rate? I have
> heard it's best to do the conversion in Australia...
> My business needs to transfer a large slab of $AU to $USD - has anyone
> looked into the way to do this and get the best exchange rate? I have
> heard it's best to do the conversion in Australia...
By way of introduction, I am a Business Manager with OzForex, a wholly
Australian owned specialist in global foreign exchange payments and
hedging solutions and a subsidiary of Macquarie Bank.
As a specialist in foreign exchange process improvement I work with a
number of businesses (some of which you will know from right here SB)
ensuring that they are utilising the most cost effective foreign
exchange platform and services available,
It made sense that I contact you as OzForex has a track record of
delivering successful results to companies in this industry when
dealing with international money transfers.
Please feel free to contact me at your earliest convenience:
> My business needs to transfer a large slab of $AU to $USD - has anyone
> looked into the way to do this and get the best exchange rate? I have
> heard it's best to do the conversion in Australia...
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