Apr 28
Last year my company asked that I move to our Hong Kong branch where I would be relocated for a few years. It was an amazing opportunity that my husband and I agreed I would be ignorant to refuse so we made our arrangements, packed our bags and moved from Britain.
We had agreed to rent out our flat but still having mortgage repayments taken from our savings account, we had to arrange for an amount of our salary payments abroad to be deposited in our British account.
Despite us banking with international banks at both ends, the most convenient way giving the top exchange rate was to action an online money transfer each month via a specialist money transfer company.
Tags: exchange rate, hong kong branch, international banks, managing your money, mortgage repayments, online money transfer, salary payments