Quote:
Originally Posted by CunningStunt
Who's that with Rowan? I didn't know you could do that. Smart move.
I just get mine converted to AUS$ at Westpac when I have 3 or 4 cheques to put in, and the time looks good.
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I used to be a loyal Westpac customer until they decided to no longer clear my cheques on the spot, which they had been doing for around 5 years previously. There was no good reason - no bounce, or overdraw, or any financial issues - other than "we don't normally do that." They have $450k in (my) property security but I guess advancing me $5k worth of funds with a near spotless past record is too much.
I remember CBA used to put a hold on foreign cheque funds for 28 days, but depositing a new cheque often cleared any existing holds.
I often deposited them on sequential days to exploit this loophole.
Anyway, enough ranting, to answer your question - HSBC.
http://www.hsbc.com.au/1/2/personal/...multi-currency