Getting money from UK to the Kingdom
Re: Getting money from UK to the Kingdom
I Swift money from my UK Nationwide account to my Cambodian account with the ANZ Royal. Nationwide used to charge £25 but that has now reduced to £20 irrespective of the amount transferred and the ANZ add a handling fee of £15 so I don't transfer small amounts.
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- Expatriate
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Re: Getting money from UK to the Kingdom
An update as promised, we took the pass book in to have out updated and discovered that we are being charged $24 from the home account and then $35 to receive the money in our cannabis Canadia account. I think this makes western union a cheaper option.StroppyChops wrote:After fiddling with a couple of options (carrying currency, transfer for cash for a friend, Western Union, PayPal) we found that the fastest and cheapest option is bank-to-bank international transfer. Takes about two business days from our Australian ANZ account to our Canadia account, $24 charge from the home end, no charges at this end. Our home account allows us to transfer in USD at the prevailing rate.
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- StroppyChops
- The Missionary Man
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Re: Getting money from UK to the Kingdom
Big ups to PSD-Kiwi for the heads-up on this one. Almost $60 for every international transfer? What a joke. Also found that using our Canadia cards in ABA ATMs was costing $5.50 per transaction. The hassle with using WU is suddenly not looking as bad.Mrs Stroppy wrote:An update as promised, we took the pass book in to have out updated and discovered that we are being charged $24 from the home account and then $35 to receive the money in our cannabis Canadia account. I think this makes western union a cheaper option.StroppyChops wrote:After fiddling with a couple of options (carrying currency, transfer for cash for a friend, Western Union, PayPal) we found that the fastest and cheapest option is bank-to-bank international transfer. Takes about two business days from our Australian ANZ account to our Canadia account, $24 charge from the home end, no charges at this end. Our home account allows us to transfer in USD at the prevailing rate.
Bodge: This ain't Kansas, and the neighbours ate Toto!
Re: Getting money from UK to the Kingdom
Sweet as StropyChops bro. I suggest you get yourself an ABA account, especially for their internet banking services, I've never had any problems with their ATMs, and you can get either a Visa or Mastercard debit card which can be used internationaaly and for online purchases.
Below are their inward remittance fees. I normally transfer just under 10k per transfer as the fees are higher once you exceed $10,000.
Currency Amount Currency Commission
USD Any amount USD 0.10% or min. USD 10 (whichever is higher)
EUR Any amount EUR 0.10% or min. EUR 10 (whichever is higher)
GBP Any amount GBP 0.10% or min. GBP 10 (whichever is higher)
SGD Any amount SGD 0.10% or min. SGD 20 (whichever is higher)
THB Any amount THB 0.10% or min. THB 1,000 (whichever is higher)
CNY/RMB Any amount RMB 0.10% or min. RMB 150 (whichever is higher)
Below are their inward remittance fees. I normally transfer just under 10k per transfer as the fees are higher once you exceed $10,000.
Currency Amount Currency Commission
USD Any amount USD 0.10% or min. USD 10 (whichever is higher)
EUR Any amount EUR 0.10% or min. EUR 10 (whichever is higher)
GBP Any amount GBP 0.10% or min. GBP 10 (whichever is higher)
SGD Any amount SGD 0.10% or min. SGD 20 (whichever is higher)
THB Any amount THB 0.10% or min. THB 1,000 (whichever is higher)
CNY/RMB Any amount RMB 0.10% or min. RMB 150 (whichever is higher)
- StroppyChops
- The Missionary Man
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Re: Getting money from UK to the Kingdom
Cheers brother - I'll have to see if you need a work card to open a bank account with ABA, but as Canadia doesn't seem to have an Internet service (or a crappy one at most), this sounds like the way to go.PSD-Kiwi wrote:Sweet as StropyChops bro. I suggest you get yourself an ABA account, especially for their internet banking services, I've never had any problems with their ATMs, and you can get either a Visa or Mastercard debit card which can be used internationaaly and for online purchases.
Below are their inward remittance fees. I normally transfer just under 10k per transfer as the fees are higher once you exceed $10,000.
Currency Amount Currency Commission
USD Any amount USD 0.10% or min. USD 10 (whichever is higher)
EUR Any amount EUR 0.10% or min. EUR 10 (whichever is higher)
GBP Any amount GBP 0.10% or min. GBP 10 (whichever is higher)
SGD Any amount SGD 0.10% or min. SGD 20 (whichever is higher)
THB Any amount THB 0.10% or min. THB 1,000 (whichever is higher)
CNY/RMB Any amount RMB 0.10% or min. RMB 150 (whichever is higher)
Bodge: This ain't Kansas, and the neighbours ate Toto!
Re: Getting money from UK to the Kingdom
They don't require proof of employment, just passport and Ordinary visa, plus minimum opening balance ($10 0r 50...can't remember?). Yea, Canadias internet banking is only good for checking your balance and transferring to other Canadia accounts.
Re: Getting money from UK to the Kingdom
Thanks for the recommendation, i opened an account with them last week, 3 working days later ATM card and online banking working . The young lady in the Central branch apologized that the initial paperwork took so long to fill out. It took 20 mins!PSD-Kiwi wrote:Sweet as StropyChops bro. I suggest you get yourself an ABA account
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Re: Getting money from UK to the Kingdom
Ahh, so that's how you're financing yourselves.Mrs Stroppy wrote: the money in our cannabis Canadia account.
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- Expatriate
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Re: Getting money from UK to the Kingdom
Oh good grief! Obviously that wasn't what I meant but it's funny....Username Taken wrote:Ahh, so that's how you're financing yourselves.Mrs Stroppy wrote: the money in our cannabis Canadia account.
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