Retired Down Under and living off a UK pension?

Retired Down Under and living off a UK pension?

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Find out more about how moneycorp can help you make the most of your pension pot in Australia

If you’ve turned your back on grey British winters and moved to Australia in your retirement, you may need to make overseas pension payments to fund your new life in the sun. However, often the fixed income from a pension means budgets can be tight and it’s important to make sure you’re making the most of your money. Using a foreign exchange specialist rather than your high street bank could make a significant difference to the money you receive when you convert pounds to Australian dollars.

 

FX tools for a tight budget

If you like to have some certainty so you can plan ahead, there are tools that allow you to protect your money against movements in the exchange market. You can fix an exchange rate for up to two years (this may require a deposit), meaning you’ll always know just how many dollars you’ll get for your pounds.

In addition, you can even automate your payments with a regular payment plan that works like an international Direct Debit, collecting funds from the UK, converting them to Australian dollars and depositing them into your account according on a weekly or monthly basis. 

 

Expert guidance for your overseas pension payments

A specialist provider can also offer you guidance and provide more information on the currency exchange market. Our team can provide guidance and support, and keep you informed of additional information available to you such as regular market updates and alerts. Enjoy an easy-to-understand, reliable service which offers you value and convenience also means more time for you to enjoy the golden years you’ve worked so hard for. 

 

Stay in control of your UK funds

However you decide to manage your pension payments, you will also have the option to manage it all online. You'll have 24/7 access to your funds and a wide range of FX tools to get the most out of your money. 

Why use moneycorp?

120+ currencies available

120+ currencies available

24/7 access

24/7 access

The ability to set up regular payments and target rates

The ability to set up regular payments and target rates

Whatever your payment needs are, we've got you covered...

Personal payments

Personal payments

With a personal account you can enjoy competitive exchange rates and low fees on all your payments.

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FX business solutions

FX business solutions

We provide tailored services to help companies make global payments and manage their foreign exchange risk.

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Travel money

Travel money

Order your travel money for branch collection or secure it on our explorer multi-currency Mastercard®.

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