I am needing to transfer a large amount of money (>$50,000) back to my uncle in Sweden (SEK). I was going to just use CommBank to do the transfer when I noticed that their conversion rate is very poor. I did a quick search of Western Union and noticed that they had a better conversion rate. I have never transferred overseas before and I thought I'd ask the OzBargain community for some advice.
Are there any catches to using Western Union? Is there another method someone can recommend that is better?
Thanks in advance.
Regards
Lizard Spock
OFX - SEK 312,390 vs CBA’s SEK 300,887 for AUD$50k