Article View: uk.finance
Article #83Re: Transfer of Currency between UK and Australia
From: Stu de Baker
Date: Fri, 28 Sep 2001 02:23
Date: Fri, 28 Sep 2001 02:23
34 lines
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2533 bytes
Forget it!! Australian banks are crap and they are crap because we inherited our banking systems from the British. Been there, done that, given up... Ed Barron <ejbarron@our.net.au> wrote in message news:3bb3c9f8.425660036@news.our.net.au... > 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? > > Ed Barron <ejbarron@our.net.au>
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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: 2001-09-27 19:26:58 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!newsfeed.google.com!newsfeed.stanford.edu!news-spur1.maxwell.syr.edu!news.maxwell.syr.edu!intgwpad.nntp.telstra.net!newsfeeds.bigpond.com!not-for-mail From: "Stu de Baker" <Stu@bakers.shop> Newsgroups: uk.finance,aus.invest References: <3bb3c9f8.425660036@news.our.net.au> Subject: Re: Transfer of Currency between UK and Australia Lines: 36 X-Priority: 3 X-MSMail-Priority: Normal X-Newsreader: Microsoft Outlook Express 5.00.2615.200 X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2615.200 Message-ID: <NbRs7.180$812.590@newsfeeds.bigpond.com> Date: Fri, 28 Sep 2001 10:23:08 +0800 NNTP-Posting-Host: 203.54.186.151 X-Trace: newsfeeds.bigpond.com 1001643885 203.54.186.151 (Fri, 28 Sep 2001 12:24:45 EST) NNTP-Posting-Date: Fri, 28 Sep 2001 12:24:45 EST Organization: Telstra BigPond Internet Services (http://www.bigpond.com)