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Discussion Starter · #1 ·
Dears

As I am moving permanently to Australia/Melbourne next month, I have an issue with transferring my savings, and would like to hear your advice.

My money is in my bank account in Saudi Arabia, what is the best way to transfer them without loosing much due to the high exchange rate set by the bank it self?

can I transfer them as USD? knowing that I have a Foreign currency account their in Melbourne.

And if I succeed to get the money to AUS as USD, will I be able to withdraw the USDs there as USD notes then exchange them to AUD in the money exchange offices(not in the bank), then deposit them back in the bank as AUD? this will save a lot of money.

Your advice is appreciated please..
 
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