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Bruce Stewart
  • Total posts: 6

If you are going to have to be makign these payments often you might want to consider http://www.latitudegt.com

Basically you verify your Aussie bank account that you use to fund the transaction and then they will convert the amount into USD and pay into your suppliers bank account. You get an online rate qoute at the time of transfer and you choose to accept it or not. No other fees.

I like it because it seems to offer good rates compared to the big banks & PayPal and its done online in seconds. I didn’t have to pay any fees to sign up, you don’t need any upfront deposit etc – you only need to have funds ready when you want to trade.

The downside is that it takes a little bit fo time from when you trade to when the converted funds actually hit your suppliers account – but that may be ok in your case.

Check it out.