...and so my Australia plans continue.
It has turned out that whilst away my work will continue to pay me pounds sterling into my English HSBC Graduate Plus account. This leads to the issue of me incurring fees to get at my money in Oz.
Now I have spoken with my bank, and can set up an Australian HSBC bank account, equivalent to my existing English one, once out there (I could do it now, but at cost
) - but still, moving money from the English account to the Australian one will incur charges - because "apparently" it's handled as an international transfer....Now there are money sending companies, who I've yet to really look into properly, who "apparently" can do this kind of money sending cheaper than the banks can (how is beyond me entirely) - and I think, to minimise this expenses, they may pose the best option.
I will be explaining to my employers that I will be passing on ALL of these transfer charges to them through my expense claims; as I personally do not see how they can be considered anything but a business expense (I am, afterall, out there on their business) - but obviously I don't want this to become a massive issue... and the cheaper/quicker method will be in both mine and my employers interest.
My question therefore (and the reason for this thread) is what are your thoughts on the matter? Has anyone had any dealings with money sending companies? Can anyone see a flaw in my "expenses" logic? Does anyone bank with a truly global bank that I could sign up to instead of all of this? How would you do it if it were you? Questions questions...
