TRANSFER OF MONEY.
<sAUSTRALIA TO BRITAIN. LARGE INCREASE IN RATES. ACTION BY THE BANKS. United Press Assn.—-siec. Tel.—CopyrlfrM. ((Derived March TO, 10.30 a.m.) SYDNEY, March 10. From 10-day there will be an increase in the cost of transferring money from Australia to London. Tnc trading hanks have decided to raise the premium charged by 20s per cent , making the rate for telegraphic transfers £5 4s 2d per £IOO. For all other Issuances similar increases have been fixed. Buying rates also show a rise sf 80s per cent.
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Bibliographic details
Waikato Times, Volume 107, Issue 17965, 10 March 1930, Page 7
Word Count
87TRANSFER OF MONEY. Waikato Times, Volume 107, Issue 17965, 10 March 1930, Page 7
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