Discuss How can I draw money from a UK bank account? posted within the Money matters and Foreign exchange forum at Getting Down Under

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Thread: How can I draw money from a UK bank account?

  1. #1
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    Default How can I draw money from a UK bank account?

    Hi

    Moving july...

    I will be still getting paid into my UK bank account whilst I am in Australia..

    How can I access that money

    Not pay anything for the priveledge

    If ...should I open a specific account now?

    cheers

  2. #2
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    Default Re: How can I draw money from a UK bank account?

    Hi

    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.
    Nat Davison
    TTT MONEYCORP PTY LTD
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    201 Sussex Street
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    www.moneycorp.com.au

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    Default Re: How can I draw money from a UK bank account?

    Cheers Nat

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