Transferring money between UK and Canada
#1
Just Joined
Thread Starter
Joined: Nov 2018
Posts: 18
Transferring money between UK and Canada
i'd appreciate some guidance from those with experience/knowledge on this.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
#2
BE Enthusiast
Joined: Dec 2010
Location: Whitby, Ontario
Posts: 730
Re: Transferring money between UK and Canada
Transferwise or similar offers better rates than banks - my advice would be to check out with a smaller amount first � ����
#3
Re: Transferring money between UK and Canada
i'd appreciate some guidance from those with experience/knowledge on this.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
I used them for moving money around the amount you are talking also for house purchase in Canada.
#4
Forum Regular
Joined: Jan 2018
Location: priced out of Waterloo
Posts: 105
Re: Transferring money between UK and Canada
i'd appreciate some guidance from those with experience/knowledge on this.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
#5
BE Forum Addict
Joined: Aug 2013
Location: Athens GA
Posts: 2,134
Re: Transferring money between UK and Canada
i'd appreciate some guidance from those with experience/knowledge on this.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
To fund a potential house purchase, we would need to transfer a fairly sizeable amount of money from the UK to Canada. The amount would be c.$300k CAD.
Is it best just to do it bank to bank, or are there smarter ways/cheaper ways?
Thanks in advance.
#6
Just Joined
Joined: Aug 2017
Posts: 9
Re: Transferring money between UK and Canada
we used Moneycorp and they were really good and we got a slightly higher exchange rate - we also transferred a very large amount and then used them again for a few additional transfers..