Transferring Money from Oz to Irish Acc.

eire1

Hey folks, posting for my sister here. Basically she was in Oz for several years but is back here now and wants to close her Oz bank accounts and transfer a significant amount of money back here to her Irish accounts. She's looking for info regarding the cost/security. Has anyone any info on using a currency exchange or is she better off doing it herself.
Any info from people who've done something like this would be greatly appreciated.

Thanks

skippy2

I use Currencyfair on a regular basis and find it great. Depending on how much she has she could do it on CF and if nervous do it in a few batches. But i have used it for small and large sums. Cost of transfer Aud 4 and one of the best rates available most of the time and it literally updates as you look at it on their website. Irish company also. She should not forget that she can get over 3% interest in Aus not something you will get in Irl anytime soon so something to consider also...............Maybe keep the account open also even with a little money just for the sake of it

eire1

Cool, thanks for the info.

Browney7

eire1 wrote: »

Cool, thanks for the info.

Also bear in mind the bad fx rate at the moment although no one knows if it will get better or worse with any certainty!