Transferring money over to the US
#16
Re: Transferring money over to the US
of course they would want the person taking money from an account to have the same name as the transferwise account holder. Or am I missing something here?
#17
Re: Transferring money over to the US
As third parties can send money into a transferwise borderless account, one might expect them to be able to do so into an exchange account.
#18
Forum Regular
Joined: Jul 2017
Location: Hove, UK -> Rockville, MD
Posts: 37
Re: Transferring money over to the US
I've used WorldFirst to transfer both ways ($ to £, £ to $) in the past. When I checked recently, for £ to $, TransferWise was cheaper, so I used them.
No problems with either company.
No problems with either company.
#19
Just Joined
Joined: Jul 2017
Posts: 8
Re: Transferring money over to the US
I've used FairFX, excellent service, can't fault them.
#20
BE Forum Addict
Joined: Sep 2008
Location: Rural Virginia
Posts: 1,076
Re: Transferring money over to the US
This morning Transferwise was 1.341 taking a couple of days and HSBC bank to bank was 1.298 taking around two minutes.
#21
BE Forum Addict
Joined: Aug 2013
Location: Athens GA
Posts: 2,134
Re: Transferring money over to the US
I used Transferwise a couple of weeks ago (£ to $). I ordered at about 8am Eastern and it was in my US bank account by the end of the day.
#22
BE Forum Addict
Joined: Sep 2008
Location: Rural Virginia
Posts: 1,076
Re: Transferring money over to the US
For what sum of money? Presumably you have factored in the Transferwise fee, because their exchange rate all morning has been in the 1.35 range.
I used Transferwise a couple of weeks ago (£ to $). I ordered at about 8am Eastern and it was in my US bank account by the end of the day.
I used Transferwise a couple of weeks ago (£ to $). I ordered at about 8am Eastern and it was in my US bank account by the end of the day.
As of around 6.30AM today EST it was 1.341 for 5000 UK Pounds with Transferwise
#23
Re: Transferring money over to the US
For comparison Citibank is 1.3117 and takes about 30 seconds to 2 minutes depending on your internet connection. £5000 gives you $6,558.68