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Best way to exchange money before arriving in Australia?

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  • Registered Users Posts: 38 Bosco26


    I am actually heading over in about a months time and only opened the account yesterday so I am still waiting for the details.

    Haven't really looked into Ozforex at all yet.


  • Registered Users Posts: 2,278 ✭✭✭kdevitt


    Bosco26 wrote: »
    how many people here have used currencyfair? I have signed up but I am still undecided as to whether I will use it or not. Also, would ozforex be more secure for instances?

    Thanks

    I'm using it every two weeks - its probably more secure than using an Irish bank these days! All the money is held by Bank of America I believe - they can offer good rates because theres never actually an FX trade occuring.

    Handy part for me is that I can transfer out into any account, not just my normal AIB one - I wanted to buy some parts from the UK for one of my cars this week and was able to transfer directly from my currencyfair account to the seller.


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