transfer of funds to UK
 

Anyone transferred money to the UK recently good or bad stories good or bad ways to do it. Looking at just doing it HSBC NRO to HSBC UK but everyone says you loose lots of money do you really?

Re: transfer of funds to UK
 

yeah i think you are going right ..tru HSBC is the best way to transfer..it really depends on the exchange rate you will transfer i dont think you end up losing much..or else if you have any friend or relative travelling there whom you can trust is an even better option..hope you find the best way out soon...wish you luck

Re: transfer of funds to UK
 

Hi Penniless

I am pretty sure there are some rules regarding transferring money out of India. Not sure of the full ins and outs unless it is regarding money from property sale.
Your bank manager or A chartered accountant will be able to advise whether there is a need to seek permission of the RBI to get money out.

You can take up to £5000 cash per person out of the country.

Dread - x

Re: transfer of funds to UK
 

Thanks for your posts - have all the RBI in place and have gone down the HSBC route as unlike most countries can not trade in Rs so can not use Moneycorp direct. As we speak it is in the ether!!