Working Holiday Jobs members ask us every day, what is the best way to transfer money between Australia and back home? After being asked time and time again we realised how little Working Holiday Makers actually know about transferring money internationally. We’ve decided to get to the bottom of it, Banks v World First FX: what is best for you.

We believe the average Working Holiday Maker spends $13,000 during their time in Australia, ( 8,500 euro & 7,000 pounds) so we’ve done the calculations to see how much money you would save sending the money over with a leading Foreign Exchange Provider such as World First versus the traditional banks. Here’s a Snapshot of the results, check the full results below.

Savings Summary

Amount	Member Savings
5000 GBP	$320
5000 EURO	$280
10,000 GBP	$650
10,000 EUR	$570

World First offer the same security that a bank does and we deal in all major currencies via our award winning online platform or over the phone/email through your own personal dealer. Their friendly staff will answer your call within 3 rings and are open 24/7 to assist with any enquiries you may have.

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Full Calculations

Below is a full breakdown of the workings that we used to show how much you’ll save sending money to Australia. Rates were taken on the 15th of January 2014 an are constantly changing. If you have questions about Foreign Exchange please don’t hesitate to contact us and we can steer you in the right direction.