This is my situation. I want to borrow money from my father who is in New Zealand, probably 20-30,000 pounds. I will then make interest payments back to him from England to New Zealand. I am with HSBC in London,he is with the National Bank Auckland,New Zealand.
So what is the best way with lowest fees/best exchange rate to do this for his transfer and my transfers, Using bank transfers or use some specialist company?
The cheapest way to do this ( and dont laugh ) is to bring it across in cash if either of you or a someone trusted is doing the journey. Even the commision saved may be more that the cost of a flight.
What real dangers are there in a brief case full of cash, its like any other brief case, who knows whats in it apart from the X ray machine !!!
Hey its a suggestion, potentially free of Tx costs but open to Currency excange- but a bank may allow you negotiate when lodging a large sum of FX provided you have relevant security info etc.....