Frog61's question about transferring money from ME
Sep 9th 2024 | 4:45 am
#1
Thread Starter
Just Joined
Joined: Mar 2020
Posts: 8
Frog61's question about transferring money from ME
I'd also ask, what are peoples experiances of moving money to the UK?
If I want to move say £10K per month to my bank account in the UK, is there anything I need to be wary of, other than FX fees?
Assuming I will to be in Saudi for at least 1 year to ensure this is tax free?
If I want to move say £10K per month to my bank account in the UK, is there anything I need to be wary of, other than FX fees?
Assuming I will to be in Saudi for at least 1 year to ensure this is tax free?
Sep 10th 2024 | 6:47 pm
#2
Forum Regular
Joined: Apr 2012
Posts: 187
From: London
Frog61's question about transferring money to ME
I'd also ask, what are peoples experiances of moving money to the UK?
If I want to move say £10K per month to my bank account in the UK, is there anything I need to be wary of, other than FX fees?
Assuming I will to be in Saudi for at least 1 year to ensure this is tax free?
If I want to move say £10K per month to my bank account in the UK, is there anything I need to be wary of, other than FX fees?
Assuming I will to be in Saudi for at least 1 year to ensure this is tax free?
Sep 11th 2024 | 1:00 am
#4
SUPER MODERATOR
Joined: Oct 2007
Posts: 35,186
From: In a darkened room somewhere.............
Re: Frog61's question about transferring money from ME
I've moved your post and responses in to a thread of it's own, as we try to keep the NEOM threads on topic. Hopefully more people will see it now as well.
HTH.
HTH.
Sep 11th 2024 | 5:56 pm
#5
Just Joined
Joined: Sep 2024
Posts: 5
Re: Frog61's question about transferring money from ME
Highly recommend contacting CurrencyTransfer.com. He will walk you through steps to set up with SAB / SNB etc and they have a transfer algorithm that will time your £10k across, say, 4 currency spikes in the month, earning you a far better rate over the year.
Last edited by christmasoompa; Sep 13th 2024 at 5:04 am. Reason: Name removed - please don't put the name of a third party on a public forum. Company info is fine.
