Article View: uk.finance
Article #79Re: Transfer of Currency between UK and Australia
From: john boyle
Date: Sat, 29 Sep 2001 19:14
Date: Sat, 29 Sep 2001 19:14
31 lines
2471 bytes
2471 bytes
In article <3bb3c9f8.425660036@news.our.net.au>, Ed Barron <ejbarron@our.net.au> writes >I have given up on my Australian bank, and its fully owned subsidiary >bank in UK. > >I had assumed (? wrongly) that associated banks would find it easy to >transfer currency between UK and Australia. > >However, the UK Bank will not accept faxes, except where I take the >full responsibility for any errors, including theirs - and my past >experience with them does not impress me on that score! > >Using letters posted by Express Air Mail, and also filling in their >own documents which are supposed to speed the transaction, it takes a >minimum of 10 days, and often as much as two weeks, to effect a >transfer of funds. > >There is also the matter of the uncertainty with regard to the actual >exchange rate used for the transaction, as the decision has to be made >several days before thetransfer, and the exchange rate can change >appreciably over that period. > >Does anyone have any experience of a better, more certain method of >arranging currency transfers between UK and Australia, where I could >expect an immediate (i.e. within 24 hours) response to my requests? Do you want to have the remittance made within 24 hours, or it received by the beneficiary within 24 hrs? -- john boyle
Technical Details
Message-ID:
<qEyB7YCX2ht7Iwwu@chartw.demon.co.uk>Path:
arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!newsfeed.stanford.edu!news-spur1.maxwell.syr.edu!news.maxwell.syr.edu!dispose.news.demon.net!news.demon.co.uk!demon!chartw.demon.co.uk!johnReferences:
<3bb3c9f8.425660036@news.our.net.au>Show Full Headers
Complete Article Headers
X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fea97,b88267e8a5a88a82 X-Google-Attributes: gidfea97,public X-Google-Thread: 105543,b88267e8a5a88a82 X-Google-Attributes: gid105543,public X-Google-ArrivalTime: 2001-09-29 12:17:02 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!newsfeed.stanford.edu!news-spur1.maxwell.syr.edu!news.maxwell.syr.edu!dispose.news.demon.net!news.demon.co.uk!demon!chartw.demon.co.uk!john From: john boyle <john@chartw.demon.co.uk> Newsgroups: uk.finance,aus.invest Subject: Re: Transfer of Currency between UK and Australia Date: Sat, 29 Sep 2001 20:14:31 +0100 Organization: chartwell finance management Message-ID: <qEyB7YCX2ht7Iwwu@chartw.demon.co.uk> References: <3bb3c9f8.425660036@news.our.net.au> NNTP-Posting-Host: chartw.demon.co.uk X-NNTP-Posting-Host: chartw.demon.co.uk:158.152.110.104 X-Trace: news.demon.co.uk 1001791016 nnrp-02:26022 NO-IDENT chartw.demon.co.uk:158.152.110.104 X-Complaints-To: abuse@demon.net MIME-Version: 1.0 Content-Type: text/plain;charset=us-ascii;format=flowed X-Newsreader: Turnpike Integrated Version 5.01 U <2hjvRqvcf90iofV1FpPy$k3hQ2> Lines: 31