Transferring money to UK
Oct 25th 2019, 5:00 am
#1
Just Joined
Thread Starter
Joined: Oct 2012
Posts: 16
Transferring money to UK
Iām going back to the UK after twenty glorious years in NZ. I have a bank account in the UK, is it best to wait until Brexit is over and done with before transferring my money or just get it done with. Thank you š
Oct 25th 2019, 5:18 am
#2
BE Forum Addict
Joined: Jul 2007
Location: bottom of the world
Posts: 4,533
Re: Transferring money to UK
If the pound strengthens once the uncertainty of brexit has cleared, you're going to lose out. The pound climbed sharply last week on the announcement that a deal had been agreed, another climb will be likely once it's done.
Oct 25th 2019, 11:09 pm
#3
MODERATOR
Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 9,077
Re: Transferring money to UK
to be honest its just a guessing game, I have to transfer money back to UK every few months. last month I could of got Ā£518 for $1000, today its around Ā£481.
You just have to decide what level you are happy to transfer at and then not look at it again once you have transferred
You just have to decide what level you are happy to transfer at and then not look at it again once you have transferred
Oct 26th 2019, 6:51 am
#4
BE Forum Addict
Joined: Jul 2007
Location: bottom of the world
Posts: 4,533
