finder.com.au Money Podcast #39: Money transfer traps

Marc Terrano 11 September 2017 NEWS

This week on the show we welcome Nicholas Lembo from TransferWise to talk to us about international money transfers and tips for taking money overseas. Nicholas is the Head of Communications for APAC at TransferWise and has a huge amount of experience and knowledge about the best ways to send money overseas. Some of the topics we chatted about included:

  • Why money transfers are so difficult with traditional banks
  • What fake exchange rates are and how to avoid them
  • Why you need to be careful using an Australian credit or debit card overseas
  • The biggest tip for those working overseas and receiving payments from clients or companies in different countries

Also on the podcast Liz, Adam and Marc talk about the small business surcharge ban, petrol prices, Burger King's new cryptocurrency and surnames which are more likely to be rich and successful.

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Notes and links mentioned in the podcast

Read the transcript of this episode

    ASX sharemarket game instructions - join us!

    1. Go to the ASX website and create an account for MyASX
    2. Complete your registration for the sharemarket game
    3. When registered, go to 'Game play' > 'Leagues' > 'Join Leagues'
    4. Enter in the following details: League ID: 19917, password: angusrox123, league: finderAU

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