In Reply to: Depends posted by Allen on Wednesday, 2. March 2005 at 07:36 Bali Time:
The APO doesnt mention that they charge around 5% in the differnece between the going exchange rate on the day vs the rate they use. Its actually a hidden charge and not disclosed so in time when ASIC catches up with them it will need to be clearly disclosed.
I did a comparision last year (compared 'apples with apples' on the same day) and tried APO, Commonwealth Bank, Westpac (minimum order au$500 worth) ANZ and Travelex, so knew the actual rate on the day, and Commonwealth were cheaper to buy the us$200