Influx of Australian Workers Anticipated as Pound Strengthens

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Australian expats living and working in London have been benefiting from the strengthening of the Pound against the Australian Dollar and more are set to arrive, predict leading foreign exchange specialists at Thomas Exchange Global.

Australia Day

Australia Day

British employers have long welcomed Aussies into their workplaces and I believe we’ll see even more coming to take advantage of the exchange rate.

As Aussie expats prepare their green and gold garb for Australia Day this Sunday, many who came to the city with a plan to work, earn and save will be sending money home to their families.

London will become a mini Down Under with people all over the city celebrating and getting in the party mood.

“With Australia Day approaching, expats sending money back to their relatives could really benefit from our international bank transfer service, which is far less than high street banks and money brokers,” says Trevor Samuel, Marketing Manager of Thomas Exchange Global.

After a strong year of growth, the value of the British Pound to the Australian Dollar increased from AUD 1.45 to £1 in February 2013 to 1.865 AUD to £1 this week, leaving more Aussies jumping at the opportunity to spend the traditional year or two working and living in the UK.

London-based foreign exchange experts at Thomas Exchange Global anticipate that this trend will continue well into 2014 if the Australian currency continues to lose traction. At the current rates, an Australian expat sending home £10,000 would receive an additional 4,000 Australian Dollars.

“British employers have long welcomed Aussies into their workplaces and I believe we’ll see even more coming to take advantage of the exchange rate,” adds Samuel. “The Australian work ethic, compatible professional qualifications and the added dimension of friendly sporting rivalry make Aussies a welcome addition to many British offices.”

About Thomas Exchange Global
As dedicated foreign exchange specialists, Thomas Exchange Global have the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide an unprecedented level of service that sets the standard in the foreign exchange industry. They are specialists in all areas of foreign exchange. They provide commission free currency as well as travellers cheques.

Thomas Exchange Global also offers International Money Transfer Service where funds can be remitted to overseas bank accounts within 1 to 2 days. With commission free service for transfers over £10,000 backed by competitive exchange rates, customers are assured of a better deal and a substantial saving compared to banks and money brokers.

Thomas Exchange Global branches are located at Strand, Victoria Street, Liverpool Street, Hammersmith, Cannon Street and Wormwood Street.

For further details visit http://www.thomasexchangeglobal.co.uk or call 020 7240 1214.

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Rasika Dissanayake
Thomas Exchange Global
+44 2072401214
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Rasika Dissanayaka
BestForeignExchange.com
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