Best way to send money from KSA to UK?
Apr 26th 2011, 10:22 am
#31
Bored liberal
Joined: Feb 2007
Location: Over there ----->
Posts: 13,713
Re: Best way to send money from KSA to UK?
Ummm, epic failure at the finance end of things on their part. Having given them two options on accounts to transfer the money to have decided to pick up lump sum of SRs today in cash and look for another option. My 1st option failed as was a credit union with no Swift info, my 2nd option was a brokerage account that proved too difficult for them to fill out the paperwork for. As a "consultant" no iquma for me, thus no Saudi account thus need another option with looking to avoid massive fees.
Apr 26th 2011, 2:10 pm
#32
Token Scandinavian Bloke
Joined: Jun 2009
Location: Dubai
Posts: 2,820
Re: Best way to send money from KSA to UK?
when i first came to saudi they refused to do it as well so in the end the company cashier took my salary out in cash, put it in his account and then transferred it to my account in the uk.
why make it simple when it can be made difficult...?
on the topic of money transfers if you live in Bahrain or Kuwait (many other countries available, but these are the only two in the Gulf) you can use moneybookers.com with no sending fee and £1.60 receiving fee per transaction. currency exchange fee is 1.99% on top of wholesale exchange rates.
Sep 4th 2011, 6:54 pm
#33
Just Joined
Joined: Sep 2011
Posts: 1
Re: Best way to send money from KSA to UK?
Ummm, epic failure at the finance end of things on their part. Having given them two options on accounts to transfer the money to have decided to pick up lump sum of SRs today in cash and look for another option. My 1st option failed as was a credit union with no Swift info, my 2nd option was a brokerage account that proved too difficult for them to fill out the paperwork for. As a "consultant" no iquma for me, thus no Saudi account thus need another option with looking to avoid massive fees.
Is there any other service in Riyadh like moneybookers.com that will do the transfer without an Iqama and without rip off rates and fees?
If not, will moneybrokers in Bahrain do it without an account/iqama? As a "consultant" i get to take a day off a month in Bahrain to get the visa stamped...
