High interest accounts and money transfer

[Taffyowen]

We are moving over to SA in August 2016 but may have sold home before hand. I know the exchange rate could go either way, however we are thinking of transferring funds over to Australia account 6 months before we arrive if all goes well. Based on this I have 2 questions:

 

- What is the best value and secure ways to transfer funds

- Are there high interest accounts that you can benefit from if you leave money in for min of 6 months

 

Any advice is very much appreciated...

[Tamara (Homes Down Under)]

I have found that the best value and secure way to transfer funds is via currency specialists like Moneycorp. I have an account myself and have transferred funds easily and at the best exchange rate.

I am not too sure about high interest accounts. The rates all seem quite low at the moment. A number of banks are offering 3.5 %.

[HelenS]

I have also used Moneycorp and found it very easy to transfer funds (with no fee if you mention Poms in Adelaide)

[Andrew from Vista Financial]

Hello

 

For savings account rates these comparison websites can be useful:

 

 

http://www.ratecity.com.au/savings-accounts

 

http://www.canstar.com.au/savings-accounts/