Bringing money back to UK

[georgepopovi]

Any help with the following problem would be much appreciated:

• I have just sold property in Australia and await receipt of proceeds.
• I intend to bring the money to UK and find a high interest Sterling deposit account
• The proposed money flow is vendor / solicitor / my Australian bank / currency exchange co. / my British bank / high interest deposit account.
• The above chain takes much time and will result in frayed nerves, hassle and loss of interest.
• The ideal route would be: vendor / solicitor / high interest Sterling account in the UK.
• So, is 5 above achievable; if not what’s the best way of shortening the chain.

Look forward to suggestions and thanking all in advance.

George.

 

[Kendr]

This is an irish site so I've no idea about transfers into UK.

But having done someting similar (not Aus though) I can't see where the currency exchange Co. comes into it. Money in australian bank can be transferred to UK bank surely?

But in my case it was: Vendor to solicitor.
Solicitor client cheque in local currency to me.
Foreign currency cheque to my Irish bank over the counter.
Lodged to my saving account.