American Property Purchase
The Australian dollar has gone over $1 US again today.
I am not providing financial advice or any form of recommendation but personally I believe that the $ is unlikely to go much higher and Christmas can have a very strange effect on currencies. Anyone serious about purchasing property in the US, or even just wanting to possibly make a few bucks on currency exchange could place $A into $US.
How…..Today I found out how easy it is.
I went to HSBC and opened an Australian Account and a US $ Account. It took half an hour. Now I can transfer all my $A that I have spare into the HSBC $A account and then transfer them over the internet into the $US account. Best of all it is quick, simple and free.
HSBC has just opened an office in Ainsle Avenue, Canberra City (near the fountain) and the staff are very helpful.