Transfer money to UK - who's in the know?
Morning
I recall someone on here who is particularly good when it comes to moving money to the UK as they get better rates than the banks for larger amounts. Can anyone point me in the right direction for info. Cheers |
Re: Transfer money to UK - who's in the know?
there are a couple of firms that do it..
a simple google search will do it. I think you should be transferring around £10k or more to get the best rate available. |
Re: Transfer money to UK - who's in the know?
Originally Posted by Robbies
(Post 6477200)
Morning
I recall someone on here who is particularly good when it comes to moving money to the UK as they get better rates than the banks for larger amounts. Can anyone point me in the right direction for info. Cheers |
Re: Transfer money to UK - who's in the know?
Cheers Slingshot
I'd prefer to go via a known person on here that has given advice in the past rather than googling. Just a personal preference. Cheers |
Re: Transfer money to UK - who's in the know?
It depends on how much you are transferring. I just do a transfer every month from my account here to my account in the UK. Not big bucks (2k a month).
I realise that I'm probably not getting the best rates but it does it automatically and I'm lazy!! lol |
Re: Transfer money to UK - who's in the know?
Hi There,
I think you are talking about Meow, where she spoke of wholesale rates for currency conversion for £10,000 or more. Meow pointed me towards GCEN (www.gcen.co.uk). I have used them once and I would use them again. Contact details below... Direct Line: 00971 (0)50 854 1859 UK Head Office Tel: +44 (0) 1622 816940 Fax: +44 (0) 1622 812550 Email: [email protected] Web: www.gcen.co.uk |
Re: Transfer money to UK - who's in the know?
Originally Posted by NedKelly63
(Post 6477253)
I think you are talking about Meow, where she spoke of wholesale rates for currency conversion for £10,000 or more.
|
Re: Transfer money to UK - who's in the know?
I do a visa to visa transfer every month from Nbad to my UK bank account and it costs me only $5.
|
Re: Transfer money to UK - who's in the know?
Originally Posted by Robbies
(Post 6477200)
Morning
I recall someone on here who is particularly good when it comes to moving money to the UK as they get better rates than the banks for larger amounts. Can anyone point me in the right direction for info. Cheers N. |
Re: Transfer money to UK - who's in the know?
Originally Posted by Chris79
(Post 6477208)
It depends on how much you are transferring. I just do a transfer every month from my account here to my account in the UK. Not big bucks (2k a month).
I realise that I'm probably not getting the best rates but it does it automatically and I'm lazy!! lol Hiya chris, I need to send back a minimum of £2k back to UK, who do you use. We are opening an account with HSBC (they come to your home to do it, and yes i am being lazy!), it is cheaper with a bank or with one of these western transfer places where there is always bloody ques?! - yes i know lazy ...... |
Re: Transfer money to UK - who's in the know?
Originally Posted by MrsHaps
(Post 6478316)
Hiya chris,
I need to send back a minimum of £2k back to UK, who do you use. We are opening an account with HSBC (they come to your home to do it, and yes i am being lazy!), it is cheaper with a bank or with one of these western transfer places where there is always bloody ques?! - yes i know lazy ...... |
Re: Transfer money to UK - who's in the know?
You know - it's not so much the fee - but the rate you can get.
MrsHaps - I thought your better half worked in a bank - there must be some deal going there surely? |
Re: Transfer money to UK - who's in the know?
Originally Posted by Chris79
(Post 6477462)
Wish I had 10k to transfer. Maybe I need to change jobs!
|
Re: Transfer money to UK - who's in the know?
I recently used GCEN (Global Currency Exchange Network) to transfer a large chunk of money from the UK to the UAE and they were very helpful and got a good rate at no charge. The only charge incurred was transferring from my Lloyds account to their HSBC account.
Kaye Lui or Rebecca Hooton were the two girls who I dealt with and they were very good. |
Re: Transfer money to UK - who's in the know?
Originally Posted by Chesney Hawkes
(Post 6478959)
I recently used GCEN (Global Currency Exchange Network) to transfer a large chunk of money from the UK to the UAE and they were very helpful and got a good rate at no charge. The only charge incurred was transferring from my Lloyds account to their HSBC account.
Kaye Lui or Rebecca Hooton were the two girls who I dealt with and they were very good. I am using them at the moment and my source bank is also LTSB offshore. You can circumvent the lloyds charges (and they do like to sting you!) by transferring the money online to GCEN's HSBC account (assuming you are set up for online banking). Only drawback is that maximum single transfer per day is £10K which means that if you are transferring more, you need to do a couple of 3 seperate transactions over the same number of days. Pretty straightforward all in all and much better value for money than using the banks.... |
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