I'm moving to Australia next month (from France) and am receiving monthly US dollar checks (from some affiliate marketing activities I have in the US). In Australia, I will have an Australian checking account.
My question is: how can I deposit the USD money on my Australian checking accounts while incurring as little fees as possible? (When I deposited my first USD check in my French bank account, they took a 10% fee!)
I guess if I just deposit the check directly at the Australian bank, I'll suffer from a bad conversion rate and a hefty flat fee. What is the least expensive way? Is there an online tool that allows for no-fee check deposit and currency conversion and money transfer or something like that?
Surely I am not the only person in that situation.