money to overseas | Australian Frequent Flyer
Australian Frequent Flyer

Welcome to Australia's leading independent Frequent Flyer and Travel Resource since 1998!
Our site contains tons of information that will improve your travel experience.

Joining AFF is fast, simple & absolutely free - register now and take immediate advantage of these great BENEFITS.

Once registered, this box will disappear. And you will see fewer advertisements :)

money to overseas

Status
Not open for further replies.

Mr_Gimlet

Member
Joined
Jun 18, 2006
Messages
356
Hi everyone, hoping someone might be able to help me out here.

I am heading to the UK shortly and have to pay for some hifi gear in cash (it's second hand), probably around AUD3000. Given I'm not going to pay him without seeing the goods (ie no bank to bank transfer) I will be doing it cash.

What I am trying to work out is the best way is the best way to get the money - should I transfer it to a friend, or withdraw from cashpoints in the UK? WHich rates etc will be better, or really doesn't it matter?
 

Zulaiha

Member
Joined
Nov 25, 2006
Messages
187
Transfer to an overseas account will attract a bank fee at least $20 from what I understand.

There is some talk about Wizard master card in this forum, why not using that?

Carrying 3,000 AUD is not much, that is another alternative.
 

NM

Moderator
Joined
Aug 27, 2004
Messages
15,806
Flights
My Map
Travellers checks may be an option here. I rarely use of recommend them, but you could quickly and easily convert A$3000 worth of TCs to UK Pounds.
 

Dave Noble

Senior Member
Joined
Oct 10, 2005
Messages
6,419
NM said:
Travellers checks may be an option here. I rarely use of recommend them, but you could quickly and easily convert A$3000 worth of TCs to UK Pounds.
I agree definately here. If you are not sure whether you will need to use them, then take Australian Dollars cheques so that you can pay them back into you bank account with the only expense having been the cost of getting the cheques

If you are almost certain to buy the article, then I would suggest GBP travellers cheques so that you can get them encashed for no charge in the UK ( or just pay the person with them )

Dave
 

Mr_Gimlet

Member
Joined
Jun 18, 2006
Messages
356
Thanks for the advice everyone. I just discovered that the Monday I arrive in the UK is a public holiday, so I will have to take cash. It didn't work out much more expensive than the other options - Amex make a big deal about fee-free enchashment, but the limitations on it are less than ideal (eg need to be a customer of the cashing bank - highly likely, if I was a customer I wouldn't be carrying travellers cheques).
 
Status
Not open for further replies.

AFF on Air Podcast

  • The Qantas Oneworld Award – AIR015
    Sat, 13 Jul 2019 02:07:50 AEST
      Learn how to fly around the world using your Qantas Frequent Flyer points as Matt chats to James Green, an award travel consultant at Frequent Flyer Solutions. This episode ...
  • Qantas Frequent Flyer Changes – AIR014
    Sat, 29 Jun 2019 00:40:35 AEST
      Last week, Qantas announced a major shake-up to its Qantas Frequent Flyer program. In this episode, former Head of Loyalty at Malaysia Airlines, Mark Ross-Smith, joins Matt ...
  • jb747’s Stellar Career with Qantas – AIR013
    Sat, 15 Jun 2019 03:00:41 AEST
      In this special edition of the podcast, Matt chats to John Bartels (a.k.a. jb747) about his flying career with Qantas, the A380, the QF30 incident, flight training, retirem ...
  • Cheap Virgin Australia Business Class – AIR012
    Sat, 01 Jun 2019 03:05:28 AEST
      Find out how to get cut-price Virgin Australia Business Class tickets by buying and redeeming Etihad Guest miles! This episode also includes some listener Q&A and an interv ...
  • Star Alliance Status – AIR011
    Sat, 18 May 2019 09:39:41 AEST
      Find out how to easily earn Star Alliance Gold status with several different frequent flyer programs! This episode also includes an interview with John Blom, Australia’s ...

Community Statistics

Threads
82,022
Messages
1,896,748
Members
49,852
Latest member
vinaus
Top