British Expats

British Expats (https://britishexpats.com/forum/)
-   Barbados (https://britishexpats.com/forum/barbados-109/)
-   -   Transfer bds to uk (https://britishexpats.com/forum/barbados-109/transfer-bds-uk-924956/)

maxb1 May 14th 2019 10:49 am

Transfer bds to uk
 
Dear all from the forum.
I would like to know if there is a possibility to send Bds to uk via less expensive way than the bank
not sure ... just a question
many thanks
Max

Happyowner May 15th 2019 6:56 am

Re: Transfer bds to uk
 
One way is to find someone who is buying a property on the Island and who is willing to give you Sterling in the UK for your Bajan Dollars in Barbados, which they can then use towards their purchase.

However, you would have to have a lot of trust between you of course , and transferring a large amount of money to someone else's account may be tricky, as you will be asked what the money is for by your bank. This method of getting money to the UK used to work, but I'm not at all sure it would now---------------the Banks are hot on Money Laundering.

Happyowner May 15th 2019 7:14 am

Re: Transfer bds to uk
 
Of course, you may only be talking a relatively small amount of money, so all the above will not apply. If so, I'm sorry I can't help-----------I'm too busy trying to get money into Barbados FROM the UK the cheapest way to enable me to live.

Pulaski May 15th 2019 7:23 am

Re: Transfer bds to uk
 
Same advice for almost everyone who asks on BE about remitting foreign currency - use a remitter such at TransferWise (I just checked, they do offer BBD), or one of the myriad of others, such as World First, XE, xoom, OandA, etc., etc.

maxb1 May 15th 2019 8:06 am

Re: Transfer bds to uk
 

Originally Posted by Pulaski (Post 12684234)
Same advice for almost everyone who asks on BE about remitting foreign currency - use a remitter such at TransferWise (I just checked, they do offer BBD), or one of the myriad of others, such as World First, XE, xoom, OandA, etc., etc.

hi hi many thanks any one that u could recommend?
tranferwise not taking bds ..
please let me know if u have used some and if they working ... thanks
max

Pulaski May 15th 2019 8:44 am

Re: Transfer bds to uk
 

Originally Posted by maxb1 (Post 12684249)


hi hi many thanks any one that u could recommend?
tranferwise not taking bds ..
please let me know if u have used some and if they working ... thanks
max

Sorry, my mistake. :o I saw that TransferWise publishes BBD exchange rates, I hadn't realized that they don't deal the currency. It may be that other companies don't deal BBD either.

It looks like XE might actually deal BBD, but I have never needed to exchange BBD so I can't speak from personal experience or give you a recommendation.

maxb1 May 15th 2019 9:14 am

Re: Transfer bds to uk
 
Hi many thanks for fast reply
actually I think the bds are not allowed to be change on line I guess only at bank and in Barbados
this because I was asking some suggestions at the forum ...
many thanks & regards
max


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