ME BANK AUD vs GBP/EUR EXCHANGE RATES
Compare ME Bank AUD currency transfer options to/from Australia. You can beat ME Bank exchange rates when making an Australian dollar money transfer or overseas payment, save time, money and get the best deal.
| ME Bank | AUD to GBP | AUD to EUR | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.516 to £0.517 | €0.604 to €0.606 |  |  | |
| TorFX | £0.517 | €0.606 |  | | |
| Wise | £0.518 to £0.519 | €0.607 to €0.607 |  | | |
| ME Bank | no service | no service | no service |  |  |
About TrustScores: A TrustScore is calculated on a scale from 1 to 5 and is the overall measurement of reviewer satisfaction, based on all reviews the business receives via Trustpilot’s website.
About transaction fees: The transaction (or service) fee that banks and providers charge is made up of a fixed fee which varies, depending on where you are sending the money and which currencies apply to the transaction.
About money transfer providers: Unlike banks, money transfer companies offer the very best exchange rates and by keeping their margin rates low, they beat the banks by several percentage points.
About exchange rates: Money transfer exchange rates are calculated and updated weekdays, hourly 08:00 – 16:00. The exchange rates provided are indicative only and several factors may contribute to the final rate, including market conditions, transfer amount and the mode of transfer (online or via phone/email).
ME Bank International Money Transfers
Currently you cannot use ME Bank accounts to make money transfers overseas, or to accept international payments – you can only move money to and from Australian bank accounts.
Currency Transfer Alternatives – ME Bank
Sending foreign currency to or from your bank account in Australia needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of $100,000 Australian dollars (AUD) using general bank services would have a transaction exchange rate margin of between 2% to 6%. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only S700 AUD in total, which is a large saving over the bank service.
ME Bank – Other Useful Information
ME Bank suggests it’s customers to use ME credit or debit cards to pay sellers outside Australia (with additional fees or charges for international payments).
ME Bank, Australia – About
ME Bank (Members Equity Bank) was created in 1994 is an Australian branchless bank with it’s head office based in Melbourne, Victoria. ME Bank offers direct telephone and online private and business banking services. Members Equity Bank is 100% owned by Australian industry super funds.
Contact ME Bank from abroad
You can find answers to everyday banking questions at ME Bank online. If you can’t find the answer you’re looking for, you can call them from outside Australia on +61 3 9708 4001
ME Bank – Head Office Postal Address
ME – GPO BOX 1345, Melbourne, Victoria 3001, Australia
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
TRANSFER PROMOTIONS
