Transferring Money Overseas from Australia
Ok, as the AUS/US dollar exchange rate is terrific right now, I need to transfer some money over to the US.
What I have is:
An AUS bank account
A US bank account
In the past, I have used a bank (ANZ) and Ozforex to transfer money. The problem is with fees.
My US account charges $15 incoming international wire transfer. AUS banks charge around $22 fee to transfer/exchange money overseas. Ozforex is $15.
The only other solution, I can see is Travelers Cheques which my US bank accepts for free. The exchange rates seem comparable to what the banks charge.
Anyone have any other ideas of cheaper ways to transfer money overseas?