You will need to transfer your money from sterling to dollars. You could either do this through your bank or through a currency specialist. There are several ways in which you can still have access to and control of these funds whilst they are still in the UK - online banking for example.
However, it is best to speak with your bank yourself to find out exactly. I know from the experience of a few people, who we have assisted, that their UK bank have said that instruction needs to be given to them in writing.
You can set up a bank account with most, if not all, of the major four banks in Australia prior to departure so that you are set up to receive any transferred funds.
If I can be of any help on the foreign exchange side then just let me know. If your requirement were for a fixed monthly amount, our Regular Payment Plan, set up by direct debit might be perfect for you.
Thanks
Nat
Nat
Last edited by Nat Davison; 02-09-2010 at 09:17 PM.
Reason: Additional info.
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