Is there a cheaper way to get money from a Chinese bank account to an Australian bank account than using the bank's SWIFT service?
My friend has arrived in Australia from China to stay for a year on a working holiday visa. He wants to transfer some of his money from his Chinese bank.
If it makes a difference, on the China side it's Bank of China and on the Australia side it's ANZ bank.
I don't know much about the technical stuff and terminology but the obvious way is with something called SWIFT but I'm wondering if there's a cheaper way that the experts here know about that's not common knowledge to normal people.
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