Hi All, Not sure if anyone here can comment on this but I thought I would ask. I opened a GBP Onshore Foreign Exchange Account with the NAB today as I have a client that pays in GBP and suppliers that I have to pay in GBP. Unfortunately the rates are outrageous, 2.2% on any money I receive and a further 2.2% on any money I pay out in addition to a $40 transaction fee. Suffice to say I am very unhappy with these charges, and would very much like to hear from anyone in this forum who know of better alternative rates and\or providers. So far I am thinking of giving both HSBC and Citibank a call.