Electronically transferring funds back to Australia

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  1. #1

    Electronically transferring funds back to Australia

    Hello,

    Apologies in advance for this ignorant questions below.

    Given that I will be moving to HKG and getting paid in HKG dollars, I would like to know how easy it is to transfer money back to Australian bank accounts - eg in to mortgage accounts, paying Aussie credit cards etc.

    What is the best bank to open a HKG bank account in to facilitate ease of money transfer back to Aus.

    Any help will be greatly appreciated!

    Thanks

    Paul


  2. #2

    Join Date
    Jun 2005
    Location
    Hong Kong
    Posts
    23,181

    It's trivially easy with HSBC online banking (and with other banks I am sure) to transfer money to any bank account in the world.

    Having said that, it is not always the cheapest route - for example, I have stopped sending money to The Philippines this way because it costs about HKD100 per transaction less if I do it by Western Union.