Go to www.Hifx.com.au - click JOIN NOW and fill out online application to open your free account. (You may need to send ID for verification purposes)
VERY IMPORTANT INFO - To access the 0.4% WHOLESALE RATE (of the mid-market rate) for all major currency transfers, ON THE LAST PAGE of the application where it says "How did you hear about us?" select "Referral Code" and enter in the box below: PKT964
Once your account is approved - Please note it will take up to 24 HOURS for your account to be manually set up on the preferred 0.4% wholesale rate.
Banks charge anywhere between 2-6% (of the mid-market rate) on transfers, unless you are an individual or a corporation and transfer $100,000s per month you will not get a rate better than 0.4%.