Hi
It is easy to set up. Your English bank will need the IBAN number for your Australian bank (it's country code, area code of your bank, account number, etc, all in one set of numbers).
I use it to send money to my bank in France. It costs very little, you get a good rate and it's there in a few days.
"... I am travelling to Sydney on 2nd June, and of course I will be taking with me some money already exchanged into Dollars..."
Why? Have you compared UK exchange rates to Aussie exchange rates and found them comparable? If so, where are you exchanging in the UK?
Cheers,
Terry
Well it was more just a case that I thought I should probably take some money with me. Haven't looked into where I'm getting my money changed yet.
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