Bank transfer or currency exchange?

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Bank transfer or currency exchange?


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Old 7th July 2014, 11:51 AM
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Talking Bank transfer or currency exchange?

So I have been going crazy with 'to-do' list for flying. Now I am stuck at forex. While checking out the options: I see currency, prepaid card, bank transfer

While there is a limit to currency and anyways we are not planning to carry all that many currency, what is the second best option where we can get good exchange rate?

I read somewhere that bank transfers gives good rate than forex exchange?

Also, has anybody used matrix card? It says 0% commission. Are there any hidden charges?

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Old 10th July 2014, 05:51 AM
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Bank transfer is quite good in terms of rate and security - but keep in mind money is not immediately available to spend in Australia, you have to go to bank to activate the account and then receive debit card in mail.. so takes time.
So I'd suggest cash (to get by initial time) + bank transfer

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