Transfer of funds from overseas

[wayneL]

Mrs has a few shekels coming from the UK and wondering if anyone has any experiences in foreign exchange... Foreign exchange versus SWIFT or whatever system.

It's a sum worthy of doing the sums on.

 

[aus_trader]

I've used OFX for international money transfers. They used to be called OzForex and are established and asx listed.

OFX Group Ltd (asx: OFX).

Either can use their website online:

OFX | Global Money Transfers and Financial Platform

Make fast and secure international money transfers and simplify your global spend management with OFX. Register today to achieve more.

www.ofx.com

or call them and talk to a real person who can help with transfers.

I don't have a conflict of interest but I changed to them after I found the fees were higher on local banks and exchange rate offered allowed more bank for your buck.

 

[Joe Blow]

I've used these guys to send money overseas in USD: https://wise.com/au/

The fees were very reasonable and the transfer happened quickly and without any issues. I haven't received any funds using them, but I assume that it's just as simple a process as sending.

 

[qldfrog]

I've used OFX for international money transfers. They used to be called OzForex and are established and asx listed.

OFX Group Ltd (asx: OFX).

Either can use their website online:

OFX | Global Money Transfers and Financial Platform

Make fast and secure international money transfers and simplify your global spend management with OFX. Register today to achieve more.

www.ofx.com

or call them and talk to a real person who can help with transfers.

I don't have a conflict of interest but I changed to them after I found the fees were higher on local banks and exchange rate offered allowed more bank for your buck.

Used them too when i was working and getting paid in USD pre covid.
Low fees smooth process i can recommend ofx

 

[wayneL]

Thankyou gents

 

[cowdreyz]

I've used these guys to send money overseas in USD: https://wise.com/au/

The fees were very reasonable and the transfer happened quickly and without any issues. I haven't received any funds using them, but I assume that it's just as simple a process as sending.

I use wise too regularly, to send OS, no issues they charge 1.5% so good for small values